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5 Elizabeth Way, Lynnfield MA 01940

$2,749,000

Estimated $19,166/month Calculator

Single Family

5 Bedrooms

Baths

6899

Total Parking: 16 (4 Garage)

30,871 (0.71)

Built in 1997

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.

This home has been viewed 19 times

Last Checked: November 4th, 2026 at 6:18pm (Source: MLS PIN #73582216)

Garage Parking

Air Conditioning

Lead Paint Free

General Information for 5 Elizabeth Way, Lynnfield MA 01940

Listing ID73582216

Property TypeSingle Family / Detached

Price$2,749,000 ($398.46/SqFt)

StyleColonial

CityLynnfield

CountyEssex

Neighborhood(s)Ipswich

Garage Parking4

ZoningRB

Year Built1997

Year Built SourcePublic Records

Year Built DetailsActual,Renovated Since

Interior Features for 5 Elizabeth Way, Lynnfield MA 01940

Approximate Living Area Total6899

Living Area Includes BasementYes

Rooms13

Bedrooms5

Primary En Suite BathroomYes

Basement

Cooling1, Split

Fireplaces

AppliancesRange

FlooringTile

Electric

Exterior Features for 5 Elizabeth Way, Lynnfield MA 01940

Approximate Lot Size (Acres)0.71

Approximate Lot Size (Square Feet)30871

Total Parking16 (4 Garage)

Garage Parking4

WaterPublic

SewerPrivate Sewer

Lot FeaturesGentle Sloping

Parking Features1

Exterior FeaturesPorch

Foundation Materials

Construction Materials

Road Frontage Type

Patio & PorchCovered

Roof MaterialAsphalt/fiberglass Shingles

Utility Connections

Water Views

Water Views Features

Waterfront0

Waterfront Features

Pool Features

Horse Permitted0

Horse Amenities

Disclosures for 5 Elizabeth Way, Lynnfield MA 01940

Lead PaintNone

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourceMeasured

Special Listing Conditions

ExclusionsSwing Set

Title 5B

Compensation Based On

Financial Information for 5 Elizabeth Way, Lynnfield MA 01940

Association Fee

Association Fee Frequency

Association Fee Includes

Real Estate Tax26733

Tax Year2026

Assessed Value$2,332,700

Location Information for 5 Elizabeth Way, Lynnfield MA 01940

Neighborhood(s)Ipswich

Area Amenities

Contact Information for 5 Elizabeth Way, Lynnfield MA 01940

Agent

Name: Ricardo Rodriguez & Associates Group

Office

Name: Coldwell Banker Realty - Boston

Phone: 617-266-4430

Team Members

Payment Calculator

, Interest

Property Taxes 2227.75

Principal & Interest 16938.46

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Boston

Ricardo Rodriguez & Associates Group

Agent Phone

Office Phone

(617) 266-4430

Text Agent Call Agent Call Office

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EXIT

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