51 Cliff Street Nahant — Photo 1 of 42
Recent Drop: $745,000
$3,750,000
Investment Analysis — 51 Cliff Street
Nahant, MA 01908 — East Point/Big Nahant
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 8-bedroom in 01908 carries an estimated $3,430/mo in gross rent — about a -0.37% cap rate and $-13,718/yr in estimated NOI at the $3,750,000 list price. Adjust every assumption in the calculator below.
Beds
8
Baths
8.5
SqFt
7,792
Style
Single Family
Built
1898
Rare opportunity to create an exceptional coastal compound at 51 Cliff Street, set on 2 landscaped acres with ocean views in two directions and a shared private beach. This 8-bedroom, 9-bath Queen Anne estate offers expansive living and entertaining spaces, 11 fireplaces, soaring ceilings, and multiple en-suite bedrooms ideal for multigenerational living or extended guests. Two separate apartments provide outstanding flexibility for in-law, au pair, or short-term rental use. Olmsted-designed grounds feature a pergola, red brick balustrades, and terracotta urns. One of the North Shore’s most significant residences and longtime home of renowned artist Norman Laliberté. Includes shared ownership of Nahant’s most beautiful private beach.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 7,792 sq ft principal dwelling). Lot size: 84,240 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer • Range Hood • Gas Cooktop
Neighborhood
Public Transportation • Tennis Court(s) • Park • Golf • Conservation Area • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First21 x 17.3
Wood / Coal / Pellet Stove, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Open Floorplan, Recessed Lighting, Remodeled, Wainscoting
Dining Room
Lvl Main,First20.5 x 18
Wood / Coal / Pellet Stove, Flooring - Hardwood, Window(s) - Picture, Open Floorplan, Recessed Lighting, Remodeled, Wainscoting, Lighting - Pendant, Decorative Molding
Kitchen
Lvl Main,First24.5 x 7.7
Closet/Cabinets - Custom Built, Flooring - Wood, Window(s) - Picture, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove
Office
Lvl Main14.2 x 6
Window(s) - Picture, Recessed Lighting
Family Room
Lvl Main,First30 x 10.7
Skylight, Vaulted Ceiling(s), Flooring - Wood, Window(s) - Picture, Recessed Lighting, Remodeled, Lighting - Pendant
Master Bedroom
Lvl Second35 x 12
Bathroom - Full, Bathroom - 3/4, Wood / Coal / Pellet Stove, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet, Window(s) - Picture, Dressing Room, Recessed Lighting, Remodeled
Bedroom 2
Lvl Second19 x 18
Bedroom 3
Lvl Second16.2 x 11
Bathroom - Full, Fireplace, Closet, Flooring - Hardwood, Window(s) - Picture, Wainscoting
Bedroom 4
Lvl Third14 x 13.8
Closet, Flooring - Wall to Wall Carpet, Window(s) - Picture, Wainscoting
Bedroom 5
Lvl Third13 x 11.6
Closet, Flooring - Hardwood, Window(s) - Picture, Recessed Lighting
Bathroom 1
Lvl Second9 x 8.3
Bathroom - Full, Bathroom - With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile, Window(s) - Picture, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl Second9 x 5.3
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Window(s) - Picture
Bathroom 3
Lvl Second6.8 x 5.6
Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Window(s) - Picture, Countertops - Stone/Granite/Solid
Property History
$3,750,000
Was $3,995,000
Apr 28, 2026
MLS® 73398131
$3,995,000
Was $4,495,000
Oct 8, 2025
MLS® 73398131
$4,495,000
Jun 28, 2025
MLS® 73398131
Listing Agent: Annie Wachtel
Listing Office: Coldwell Banker Realty - Marblehead
MLS® Number: 73398131