5 Elizabeth Way Lynnfield MA 01940 | MLS #73582216

There are multiple listings for this address:
5 Elizabeth Way
Lynnfield, MA, 01940
$2,749,000
5 Beds
6 Baths
6,899 SqFt
0.71 Acres
$2,749,000
5 Elizabeth Way
Lynnfield, MA, 01940
MLS #73582216 image #0
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.

Property Details

Price:
$2,749,000
MLS #:
73582216
Status:
Active
Beds:
5
Baths:
6
Type:
Single Family
Subtype:
2 Family – 2 Units Side by Side
Listed Date:
Sep 24, 2026
Finished Sq Ft:
6,899
Total Sq Ft:
6,899
Lot Size:
30,871 sqft / 0.71 acres (approx)
Year Built:
1997

Schools

Interior

Above Grade Finished Area
6114
Bathrooms
5 Full Bathrooms, 2 Half Bathrooms
Below Grade Finished Area
785
Fireplaces Total
3
Levels
5

Exterior

Covered Spaces
4
Garage Spaces
4
Lot Features
Corner Lot, Level
Open Parking Spaces
8
Open Parking YN
1
Parking Features
Paved Drive
Parking Spots
12
Parking Total
12
Roof
Shingle
Stories
5

Financial

Tax Year
2026
Taxes
$26,733
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Ask a Question
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Schedule a Showing
Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

More About Marie

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Current real estate data for Single Family in Lynnfield as of Oct 17, 2026
43
Single Family Listed
91
Avg DOM
428
Avg $ / SqFt
$1,554,346
Avg List Price

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Property Summary

    5 Elizabeth Way Lynnfield MA is a Single Family for sale in Lynnfield, MA, 01940. It is listed for $2,749,000 and features 5 beds, 6 baths, and has approximately 6,899 square feet of living space, and was originally constructed in 1997. The current price per square foot is $398. The average price per square foot for Single Family listings in Lynnfield is $428. The average listing price for Single Family in Lynnfield is $1,554,346. To schedule a showing of MLS#73582216 at 5 Elizabeth Way in Lynnfield, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
5 Elizabeth Way
Lynnfield, MA
5 Elizabeth Way
Lynnfield, MA, 01940
$2,749,000
5 Beds
6 Baths
6,899 SqFt
0.71 Acres
$2,749,000
5 Elizabeth Way
Lynnfield, MA, 01940
MLS #73585950 image #0
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.

Property Details

Price:
$2,749,000
MLS #:
73585950
Status:
Active
Beds:
5
Baths:
6
Type:
Multi Family
Subtype:
2 Family – 2 Units Side by Side
Listed Date:
Oct 2, 2026
Finished Sq Ft:
6,899
Total Sq Ft:
6,899
Lot Size:
30,871 sqft / 0.71 acres (approx)
Year Built:
1997
Units:
2

Schools

Interior

Above Grade Finished Area
6114
Bathrooms
5 Full Bathrooms, 2 Half Bathrooms
Below Grade Finished Area
785
Fireplaces Total
3
Levels
5

Exterior

Covered Spaces
4
Garage Spaces
4
Lot Features
Corner Lot, Level
Open Parking Spaces
8
Open Parking YN
1
Parking Features
Paved Drive
Parking Spots
12
Parking Total
12
Roof
Shingle
Stories
5

Financial

Tax Year
2026
Taxes
$26,733
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing
Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

More About Marie

Mortgage Calculator

 

Map

Current real estate data for Multi Family in Lynnfield as of Oct 17, 2026
43
Multi Family Listed
91
Avg DOM
428
Avg $ / SqFt
$1,554,346
Avg List Price

Community

Similar Listings Nearby

Property Summary

    5 Elizabeth Way Lynnfield MA is a Multi Family for sale in Lynnfield, MA, 01940. It is listed for $2,749,000 To schedule a showing of MLS#73585950 at 5 Elizabeth Way in Lynnfield, MA, contact your Pegasus Realty LLC agent at 781-858-3505.