Active
85 Days on market
1 Shay Terrace Newburyport — Photo 1 of 29

1 Shay Terrace Newburyport — Photo 1 of 29

$3,000,000

1 Shay Terrace, Newburyport, MA 01950

Newburyport, MA 01950

Beds

5

Baths

4.5

SqFt

3,500

Style

Single Family

Built

2027

Images in the listing are of the builder's previous work. Shay Terrace presents a rare opportunity to build a custom luxury home in one of Newburyport’s newest and most exclusive enclaves. Offering just four builder tie-in homesites, this thoughtfully designed private lane combines an exceptional location with the craftsmanship and reputation of premier local builder. Homesites ranging from 12,000 to 21,000 square feet are available starting at $899,000, with fully custom luxury residences starting at $2,999,000. Collaborate with an experienced builder to design and build a home tailored to your lifestyle, from architectural design and floor plan to the finest finishes and personalized details. Located just minutes from downtown Newburyport, waterfront parks, marinas, boutique shopping, acclaimed restaurants, and Plum Island’s beautiful beaches, Shay Terrace offers an unmatched combination of privacy, convenience, and coastal New England living. Photos are of the builders previous work. Reach out for reservation details and next steps.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$857/sqft
Local Avg (Newburyport)$655/sqft
31% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Newburyport, MA.

Property Details

Financials

Original Price$3,000,000
Annual Taxes$9,999

Parking

Garage3
Off-Street9

Interior Specifications

Total Rooms10
Fireplaces2
Flooring--
BasementNone

Climate & Utilities

HeatingCentral, Forced Air
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
ZoningR2

Property & Lot

Acres0.28
SqFt Lot12,000
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Population

18,652

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$140K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

22.6%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

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 3,500 sq ft principal dwelling). Lot size: 12,000 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.

Listing Provided By

Listing Agent: Homes & Lifestyles Team

Listing Office: Gibson Sotheby's International Realty

MLS® Number: 73543447

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