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Maggie Li

I'm Maggie Li, a Newton, MA real estate agent serving first-time buyers, luxury clients and sellers across Greater Boston in English & Mandarin. Let's find your home.

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  • 1229 Centre Street, Newton Centre, MA, USA
  • (774) 222-0952
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© 2026 Maggie Li. All rights reserved.
Equal Housing Opportunity. Information deemed reliable but not guaranteed.

  1. Home
  2. Listings
  3. 34 Paine Avenue, Beverly, MA 01965
Active
64 Days on market
34 Paine Avenue Beverly — Photo 1 of 42

34 Paine Avenue Beverly — Photo 1 of 42

$22,990,000

34 Paine Avenue, Beverly, MA 01965

Beverly, MA 01965 — Prides Crossing

Beds

13

Baths

16

SqFt

27,313

Style

Single Family

Built

1910

Commanding one of the most extraordinary waterfront settings on Beverly’s famed Gold Coast, Rock Edge is a legendary Georgian Revival estate perched atop a dramatic rocky bluff with 400± feet of private beachfront and breathtaking ocean views. Originally built in 1904, this iconic residence has been masterfully restored and reimagined, seamlessly blending Gilded Age grandeur with exceptional modern luxury while preserving the estate’s remarkable architectural pedigree. Soaring 16-foot ceilings, richly scaled interiors, elegant oceanfront formal living and dining rooms, a stunning oceanfront veranda, and a spectacular 1,500± SQFT gourmet marble kitchen are just a few of the outstanding features of this magnificent property. Complete with a private guest wing, a separate carriage house, private beach access, restored cabanas, a pool and san unmatched seaside setting, Rock Edge represents a once-in-a-generation opportunity to own one of the North Shore’s most impressive waterfront estate.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$842/sqft
Local Avg (Beverly)$495/sqft
70% AboveMarket Average

* Analysis is based on 19 actively listed and recently sold comparable properties strictly within Beverly, MA.

Property Details

Financials

Original Price$22,990,000
Annual Taxes$162,102

Parking

Garage7
Off-Street17

Interior Specifications

Total Rooms34
Fireplaces14
Flooring--
BasementFull

Climate & Utilities

HeatingCentral
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter, Other
ZoningR90

Property & Lot

Acres3.16
SqFt Lot137,649
Lot Features--

Neighborhood

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

Geography

Population

671

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

Median Household Income

$250K

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

Renter-Occupied Homes

2.1%

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

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '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 27,313 sq ft principal dwelling). Lot size: 137,649 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.

Full Beverly, MA market report ZIP 01965 market data
Listing Provided By

Listing Agent: Tracy Campion

Listing Office: Campion & Company Fine Homes Real Estate

MLS® Number: 73537578

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