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$2,749,000
4 Days On Site

5 Elizabeth Way
Lynnfield, MA 01940

For Sale|Single Family Residence|Active
5
Beds
7
Total Baths
5
Full Baths
2
Partial Baths
6,899
SqFt
$398
/SqFt
1997
Built
County:
Essex
5 Elizabeth Way5 Elizabeth Way5 Elizabeth Way5 Elizabeth Way
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A rare opportunity for true multigenerational living on one of Lynnfield’s most desirable streets. This expansive extended Cape offers two distinct yet connected living spaces, including a full legal in-law, creating exceptional flexibility and privacy for multiple generations under one roof. The main residence is filled with natural light from oversized windows and features an eat-in kitchen, formal dining room, spacious family room with floor-to-ceiling stone fireplace and dedicated office. The private first-floor primary suite is a retreat of its own, complete with a fireplace and sitting area, two oversized walk-in closets and a spacious en-suite bath with soaking tub, glass-enclosed steam shower, dual sinks and an expansive vanity with dedicated makeup area. Additional en-suite bedroom with walk-in closet outside primary great for young kids/nursery. Upstairs, an additional en-suite bedroom with walk-in closet is joined by a large loft perfect for a playroom, media room or additional lounge. An additional bedroom and bonus room are connected by a Jack-and-Jill bath. Two unfinished attic spaces and a large unfinished basement provide exceptional storage and future potential. The legal in-law offers its own open-concept kitchen, dining and living areas, plus another impressive primary suite with private bath, large walk-in closet and dedicated office. Surrounded by mature landscaping, 5 Elizabeth Way offers a unique combination of space, privacy and versatility allowing generations to live together while maintaining independent living spaces in a sought-after Lynnfield setting. Ideally situated in a sought-after Lynnfield neighborhood, the home offers convenient access to local schools, MarketStreet Lynnfield’s shopping, dining, Whole Foods Market, fitness and entertainment, as well as nearby recreation and outdoor spaces. Easy access to I-95/Route 128 and Route 1 provides connectivity to Boston and destinations throughout the North Shore. A truly unique opportunity to combine multigenerational living, everyday convenience and an exceptional amount of flexible space in one remarkable property.

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Listing Snapshot
Price 
$2,749,000
Days On Site 
4 Days
Bedrooms 
5
Inside Area (SqFt) 
6,899 sqft
Total Baths 
7
Full Baths 
5
Partial Baths 
2
Lot Size 
0.71 Acres
Year Built 
1997
MLS® Number 
73582216
Status 
Active
Property Tax 
$26,733
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
10 hours agoListing updated with changes from the MLS®
4 days agoListing first seen on site
General Features
Acres 
0.71
Attached Garage 
Yes
Disclosures 
Seller currently pays $100 bond for the inlaw. Can not be rented. Current septic is for a 5 bedroom. Some photos are virtually staged
Foundation 
Concrete Perimeter
Garage 
Yes
Garage Spaces 
4
Parking 
PavedAttachedGarage Faces SideOff StreetDrivewayGarage
Parking Spaces 
12
Property Sub Type 
Single Family Residence
Sewer 
Private Sewer
SqFt Above 
6114
SqFt Below 
785
SqFt Total 
6899
Style 
Cape
Water Source 
Public
Zoning 
RB
Interior Features
Appliances 
Water HeaterTankless Water HeaterOvenDishwasherMicrowaveRangeRefrigeratorWasherDryerStainless Steel Appliance(s)
Cooling 
Central Air
Fireplace 
Yes
Fireplaces 
3
Flooring 
TileCarpetMarbleHardwood
Heating 
Natural GasForced Air
Interior 
Kitchen IslandOpen FloorplanRecessed LightingCentral VacuumWired for SoundMaster DownstairsPantryWalk-In Closet(s)Cathedral Ceiling(s)Crown MoldingTray Ceiling(s)
Main Level Bedrooms 
2
Bathroom 1 
Level - First
Bathroom 2 
Level - First
Bathroom 3 
Level - Second
Bedroom 2 
Level - Main
Bedroom 3 
Level - Second
Bedroom 4 
Level - Second
Bedroom 5 
Level - Second
Dining Room 
Level - Main
Family Room 
Level - First
Kitchen 
Level - Main
Living Room 
Level - First
Master Bedroom 
Level - Main
Office 
Level - First
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Exterior Features
Exterior 
Lighting
Lot Features 
Corner LotLevelLandscaped
Other Structures 
Gazebo
Patio And Porch 
PorchPatio
Roof 
Shingle
Community Features
Financing Terms Available 
Contract
Listing courtesy of Ricardo Rodriguez & Associates Group of Coldwell Banker Realty - Boston



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Last checked 2026-09-28 04:53 PM UTC

Neighborhood & Commute
Source: Walkscore
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