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Michael Breshears
REALTOR®
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5 Elizabeth Way, Lynnfield, MA 01940

$2,749,000
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New to the Market Active
BEDS5 BATHS5 full 2 partial SQUARE FEET6,899 MLS#73582216
STATUSActive PROPERTY TYPEResidential - Single Family

Property Description

A rare opportunity for true multigenerational living on one of Lynnfields 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 Lynnfields 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.

5 Elizabeth Way | MLS# 73582216

This single family home located at 5 Elizabeth Way, Lynnfield, MA 01940 is currently listed for sale with an asking price of $2,749,000. This property was built in 1997 and has 5 bedrooms and 5 full and 2 partial baths with 6899 sq. ft. Search Lynnfield real estate on michaelbreshears.masiellogrouprealestate.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Fireplaces: 3
Garage: 4 car attached
Heating: Forced Air, Natural Gas
Home Style: Cape
Lot Size: 0.71 Acres
Roof Type: Shingle
Taxes: $26,733
Year Built: 1997

Amenities

Kitchen Island
Open Floorplan
Recessed Lighting
Bathroom - Full
Bathroom - Half
Kitchen
Living/Dining Rm Combo
Bathroom
Office
Central Vacuum
Wired for Sound
Porch
Patio
Professional Landscaping
Sprinkler System
Decorative Lighting
Gazebo

Feature Descriptions

Appliances: Water Heater, Tankless Water Heater, Oven, Dishwasher, Microwave, Range, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
Building Area Total: 6899
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Dining Room: Flooring - Stone/Ceramic Tile, Open Floorplan, Lighting - Sconce, Lighting - Pendant, Crown Molding, Decorative Molding, Tray Ceiling(s)
Exclusions: Washer In Main House
Family Room: Flooring - Hardwood, Flooring - Wall to Wall Carpet
Fireplace Y/N: Yes
Flooring: Tile, Carpet, Marble, Hardwood, Flooring - Hardwood, Flooring - Wall to Wall Carpet
GarageY/N: Yes
HeatingY/N: 1
Kitchen: Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Crown Molding
Laundry: Second Floor
Living Room: Cathedral Ceiling(s), Flooring - Hardwood, Open Floorplan, Recessed Lighting
Lot Features: Corner Lot, Level
Master Bathroom: Yes
Master Bedroom: Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting, Gas Stove, Lighting - Pendant, Closet - Double, Tray Ceiling(s)
Office: Flooring - Hardwood, Recessed Lighting
Open Parking Y/N: Yes
Other Structures: Gazebo
Parcel Number: M:0034 B:0000 L:0462,1981912
Parking Features: Attached, Garage Faces Side, Paved Drive, Off Street, Driveway, Paved
Parking Total: 12
Patio And Porch: Porch, Patio
Rooms Total: 13
Sewer: Private Sewer
Water: Public

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty - Boston
Agent Name: Ricardo Rodriguez & Associates Group
Agency Phone: 617-266-4430

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Estimated Payment

$ 9,147.62 per month $6,118.08 Principal & Interest $2,227.75 Property Tax $801.79 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/24/2026. The listing information on this page last changed on 09/24/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 09/24/2026 12:07:24 AM EST) or MLSPIN MLS (last updated Wed 09/23/2026 11:38:34 PM EST) or Prime MLS (last updated Wed 09/23/2026 11:33:15 PM EST) or MREIS (last updated Thu 09/24/2026 12:05:17 AM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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