53 Paine Avenue Beverly — Photo 1 of 40
Recent Drop: $1,600,000
$14,900,000
Investment Analysis — 53 Paine Avenue
Beverly, MA 01915 — Prides Crossing
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 01915 carries an estimated $3,550/mo in gross rent — about a -0.35% cap rate and $-51,799/yr in estimated NOI at the $14,900,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
7
SqFt
10,324
Style
Single Family
Built
1999
Commanding ocean views from nearly every room, this extraordinary six acre estate sits on the historic site of a 1900s Manor House. Blending classic New England architecture with modern luxury, the stone-and-shingle residence features incredible design, custom mahogany, paneled walls and exquisite millwork throughout. The Primary Suite boasts panoramic ocean views, a domed gable ceiling, fireplace, walk-in closet with wet bar, and spa-like bath. All bedrooms are en suite with ocean views and closets with custom shelving. Formal gardens transition elegantly to sweeping seascapes directly above the beach. Enjoy the beach and the privacy Prides Crossing has to offer. A large,custom-built Poolhouse with kitchen and bath offers perfect indoor outdoor space. Designed for both grand entertaining and everyday comfort, this exceptional property captures the timeless beauty and elegance of Boston’s North Shore estates. A rare opportunity to own a legacy estate in an unmatched coastal setting.
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Oven • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer • Water Treatment • Wine Refrigerator • Range Hood • Second Dishwasher • Stainless Steel Appliance(s) • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s)
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First20 x 27
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Window(s) - Picture, Recessed Lighting, Remodeled, Lighting - Overhead, Archway, Crown Molding, Breezeway, Half Vaulted Ceiling(s), Decorative Molding
Dining Room
Lvl Main,First15 x 18
Flooring - Hardwood, Window(s) - Picture, Recessed Lighting, Lighting - Overhead, Decorative Molding
Kitchen
Lvl Main,First19 x 17
Cathedral Ceiling(s), Vaulted Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Wet Bar, Cabinets - Upgraded, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Second Dishwasher, Storage, Wine Chiller, Gas Stove, Lighting - Sconce, Lighting - Pendant, Half Vaulted Ceiling(s), Decorative Molding
Family Room
Lvl Main,First32 x 21
Beamed Ceilings, Coffered Ceiling(s), Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Cable Hookup, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Lighting - Sconce, Crown Molding, Decorative Molding
Master Bedroom
Lvl Second20 x 28
Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Wet Bar, Double Vanity, Dressing Room, Recessed Lighting, Remodeled, Lighting - Overhead, Crown Molding, Half Vaulted Ceiling(s), Decorative Molding, Window Seat
Bedroom 2
Lvl Second15 x 14
Bedroom 3
Lvl Second18 x 13
Bathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Dressing Room, Recessed Lighting, Crown Molding
Bedroom 4
Lvl Second18 x 18
Bedroom 5
Lvl Second20 x 14
Bathroom - 3/4, Vaulted Ceiling(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting, Lighting - Pendant
Bathroom 1
Lvl Second17 x 17
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Marble, Countertops - Stone/Granite/Solid, Double Vanity, Recessed Lighting, Steam / Sauna, Lighting - Sconce, Lighting - Pendant, Crown Molding, Decorative Molding, Soaking Tub
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Hardwood, Countertops - Stone/Granite/Solid
Bathroom 3
Lvl Second14 x 7
Bathroom - 3/4, Walk-In Closet(s), Flooring - Hardwood
Property History
$14,900,000
Was $16,500,000
Mar 19, 2026
MLS® 73363224
$16,500,000
Apr 23, 2025
MLS® 73363224
Listing Agent: Krista Julian
Listing Office: Coldwell Banker Realty - Manchester
MLS® Number: 73363224