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40 Prince St, Beverly MA 01915

Beverly, MA 01915 • Beverly Cove
$3,900,000
Est. $20,757/month
6
Beds
4.5
Baths
8,814
Sq Ft
$442
Price/Sq Ft
1.51
Acres
1880
Year Built
Single Family Residence
Type
33
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73374604

About this home

Unparalleled Waterfront Opportunity in Coveted Beverly Cove. Set on a rare stretch of direct beachfront along prestigious Prince Street, this extraordinary property presents the perfect location to create your dream coastal estate in one of Beverly’s most desirable seaside neighborhoods. With private access to a pristine sandy beach, and panoramic ocean views, 40 Prince Street offers 1.5 acres of potential, in a location that simply cannot be replicated. A charming barn adds character and flexibility to the lot. While the existing structure requires a full renovation, the value here lies in the unmatched setting, exclusive neighborhood, and limitless design possibilities.

Sale Statistics

Sale Overview
Original List Price: $4,450,000
Final Sale Price: $3,900,000
Difference: $550,000 (-12.4%)
Performance Metrics
87.6%
List to Sale Ratio
Sold below asking price
33
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $505
Sale $/sq ft: $442
This property sold for $442 per square foot
Sale Summary

This property sold for 12.4% below the original asking price.

The property spent 33 days on market before selling.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1880
Bedrooms
6
Full Bathrooms
4
Half Bathrooms
1
Living Area
8,814 sq ft
Total Rooms
12

Interior Features

Flooring
Wood, Tile, Carpet, Flooring - Hardwood
Heating
Baseboard, Hot Water, Oil, Fireplace(s), Fireplace
Has Heating
Yes
Cooling
None
Has Cooling
No
Fireplace Features
Dining Room, Living Room, Master Bedroom, Bedroom
Has Fireplace
Yes
Number of Fireplaces
11
Appliances
Water Heater, Range, Dishwasher, Refrigerator
Interior Features
Bathroom - Full, Bedroom, Foyer, Library
Laundry Features
Electric Dryer Hookup, Washer Hookup, First Floor
Basement Details
Full

Exterior & Structure

Construction Materials
Frame
Architectural Style
Other (See Remarks)
Roof
Shingle
Foundation
Stone
Exterior Features
Barn/Stable
Has Spa
No
Waterfront Features
Waterfront, Ocean, Ocean, Direct Access, Frontage, 0 to 1/10 Mile To Beach, Beach Ownership(Private)
Waterfront Property
Yes

Lot & Land

Lot Size
1.51 acres
Lot Size
65,776 sq ft
Lot Size Area
1.5100
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
10
Parking Features
Paved Drive, Off Street

Utilities & Systems

Utilities Available
for Electric Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Inspection Required for Sale
Electric
Fuses, Circuit Breakers, Knob & Tube Wiring
Security Features
Security System

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Stable(s), Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$34,781
Tax Year
2025
Tax Assessed Value
$3,164,800
Parcel Number
M:0014 B:0026 L:,4182990
Zoning
R45

Additional Details

Year Built Source
Public Records
Year Built Details
Unknown/Mixed
Attached Property
No
Disclosures
Sold "as is, where is" with all contents.

Location

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Neighborhood

Beverly Cove

40 Prince St, Beverly MA 01915

Beverly, MA 01915

Walkability

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Schools

Elementary School
Public /Private
Rating information coming soon
Middle School
Public /Private
Rating information coming soon
High School
Public /Private
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $2,898
Homeowners Insurance $200
PMI $0

Property History

Market Insights

12.4%
Price Range
34
Total Days on Market

Property Timeline

✓
Sold
Jul 15, 2025
$3,900,000
Property sold
Days on Market: 34
🏠
Listed for Sale
May 14, 2025
$4,450,000
Original listing
Agent: Victor Paulino Office: Engel & Volkers By the Sea

Price & Status History

Date Event Price Change
May 14, 2025 New Listing Added $4,450,000 —

Market Statistics

Days on Market
33 days
Price per Sq Ft
$442

Tax History

Year Taxes Assessment
2025 $34,781 $3,164,800

Financial Details

Annual Property Tax
$34,781
Tax Year 2025
Assessed Value
$3,164,800

Listing Information

Listing Agent Victor Paulino
Listing Office Engel & Volkers By the Sea
Agent MLS ID CN206394
Office MLS ID AN4733

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