Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
5 Beds
7 Baths
6,899 sqft

$2,749,000

5 Elizabeth Way, Lynnfield MA, 01940

Price per sqft$398.46
Built in1997
Property size6,899 sqft
Property typeResidential

Overview

Active

Listed Sep 24, 2026

Updated 43h ago

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.

$18,289/mo

Est. mortgage payment based on a $2,749,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73582216

Interior Features

Bedrooms
5
Bathrooms
7
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.71 Acres

Other Property Details

Taxes
$26,733
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No

This listing is provided by Ricardo Rodriguez & Associates Group with Coldwell Banker Realty - Boston

The property listing data and images displayed herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors, and public records, and compiled by MLS Property Information Network, Inc. This information is intended solely for the personal, non-commercial use of consumers who have a genuine interest in purchasing or leasing listed properties. It may not be used for any purpose other than to identify prospective properties of interest.

MLS Property Information Network, Inc. and its subscribers make no representations or warranties regarding the accuracy of the listing data or images presented.

©2026 MLS Property Information Network, Inc. All rights reserved.

Data last updated 2:54 AM UTC, 9/29/2026

Powered by Luxury Presence