
5 Elizabeth Way Lynnfield — Photo 1 of 42
$2,749,000
5 Elizabeth Way, Lynnfield, MA 01940
Lynnfield, MA 01940
Beds
5
Baths
6
SqFt
6,899
Style
2 Family - 2 Units Side by Side
Built
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.
Key facts
It was listed on October 2, 2026. The annual property taxes are $26,733 (2026 tax year). It sits on a 0.71-acre (30,871 sq ft) lot.
Market Value Analysis
* Analysis is based on 21 actively listed and recently sold comparable properties strictly within Lynnfield, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$2,749,000
Oct 2, 2026
MLS® 73585950
$2,749,000
Sep 24, 2026
MLS® 73582216
Questions about this home
When was 5 Elizabeth Way, Lynnfield listed?
5 Elizabeth Way, Lynnfield was listed on October 2, 2026.
Has the price of 5 Elizabeth Way, Lynnfield changed?
The price hasn't changed since it was listed at $2,749,000.
What are the property taxes for 5 Elizabeth Way, Lynnfield?
The annual property taxes for 5 Elizabeth Way, Lynnfield are $26,733 (2026 tax year).
How big is the lot at 5 Elizabeth Way, Lynnfield?
5 Elizabeth Way, Lynnfield sits on a 0.71-acre (30,871 sq ft) lot.
What is the status of 5 Elizabeth Way, Lynnfield?
5 Elizabeth Way, Lynnfield is actively listed for sale.
Population
13,285
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$173K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
12.3%
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)
Listing Agent: Ricardo Rodriguez & Associates Group
Listing Office: Coldwell Banker Realty - Boston
MLS® Number: 73585950







