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98 Lynnway, Lynn MA 01902

Lynn, MA 01902
$7,000,000
Est. $38,231/month
1.87
Acres
105
Days on Market
Pending Listed Feb 4, 2026 • MLS# 73474340 Copied! • Updated May 21, 2026

About this home

Direct Coastal Development Opportunity Approved for 80 Market-Rate units with zero affordable component. The site has been removed from the flood zone. All materials that have been produced and paid for by the present owner for the approvals will be included in the transfer to the new owners and available for review upon request. This includes all architecture plans, interior design elements, site analysis, environmental studies, etc. Renderings, branding, social media pages, online business pages, website URLs etc,..may be included in the sale. Additional info available upon request.

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

Pending Sale
May 21, 2026
Offer accepted, sale pending
👤
Agent Changed
Feb 12, 2026
Paul Cirignano → The Synergy Group
Agent: The Synergy Group
🏠
Listed for Sale
Feb 4, 2026
$7,000,000
Original listing
Office: The Synergy Group

Tax History

Year Taxes Assessment
2025 $31,624 $3,052,500

Financial Details

Annual Property Tax
$31,624
Tax Year 2025
Assessed Value
$3,052,500

Facts & Features

Home Facts

Type Land
Style Residential
Lot Size 1.87 acres

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Utilities

Electric Nearby
Water Public
Sewer Public Sewer, Perc Test On File
Gas Other (see Remarks)
Other None
Annual Tax $31,624
Assessed Value $3,052,500
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents Legal Description, Perc Test, Land Survey, Topographical Map, Order Of Conditions, Environmental Impact Study, Soil Survey, Aerial Photo, Appraisal, Blueprints, Drawings, Brochure (12)
County Essex
Total market time (incl. prior listings) 106 days

Property Overview

Property Type
Residential
Listing Type
Land

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer, Perc Test On File
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Gentle Sloping, Sidewalks
Road Surface: Paved

Parking & Garage

Parking Features:

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, Ocean, Harbor, Direct Access, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
View: Yes
View Type: Scenic View(s)
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Marina, Sidewalks
School District
Lynn School District local
D
School Safety 2024-25
3.5% Above Average
3.0% Suspensions 0.3% In-School 0.1% Expulsions 0.4% Emergency
2.0% below state avg
E

Elementary Schools

3 schools
C-
E. J. Harrington Elementary School
0.5 mi | #717 of 824 | Score: 34.2
Improved 76 spots from last year
-24 below state avg
687 students Moderate
Rising School
Grades PK-05
C
Washington Elementary School
0.7 mi | #646 of 824 | Score: 38.4
Improved 125 spots from last year
-19.8 below state avg
453 students Moderate
Rising School
Grades K-05
C-
Lynn Vocational Technical Institute
0.7 mi | #284 of 346 | Score: 42.8
Improved 50 spots from last year
-15.5 below state avg
1,584 students Moderate
Early College Program Rising School Career Tech Programs
Grades PK-12
M

Middle Schools

3 schools
C-
Thurgood Marshall Middle School
1.0 mi | #311 of 352 | Score: 30.5
Improved 40 spots from last year
-27.7 below state avg
1,310 students Moderate
Rising School
Grades 06-08
C+
Pickering Middle School
2.2 mi | #226 of 352 | Score: 38.6
Improved 81 spots from last year
-19.6 below state avg
583 students Diverse
Rising School
Grades 06-08
B+
Swampscott Middle School
2.2 mi | #122 of 352 | Score: 47.2
Dropped 51 spots from last year
-11 below state avg
654 students Moderate
Grades PK-08
H

High Schools

3 schools
B
Fredrick Douglass Collegiate Academy
0.2 mi | #12 of 25 | Score: 33.4
Improved 330 spots from last year
-24.8 below state avg
235 students Moderate
Early College Program Rising School
Grades 06-12
St. Mary's High School
0.6 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
0.8 mi
Grades 06-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $2,635
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

98 Lynnway, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent The Synergy Group
Listing Office The Synergy Group
Office Phone 888-410-5454
Agent MLS ID TM321745
Office MLS ID AN7316
Listing Data Updated May 21, 2026 2:38 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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