5 Preston Pl, Beverly MA 01915

Beverly, MA 01915 • Beverly Farms

$525,000

$475,000

Est. $2,978/month

Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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1.10

Acres

Residential

Type

359

Days on Market

For Sale Price Drop -$50,000 Listed Oct 27, 2025 • MLS# 73448164 Copied! • Updated Oct 21, 2026

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About this home

Rare opportunity to develop a buildable, 1 acre single family home in highly desirable Beverly Farms. ANR lot on well maintained and established street convenient to highways, town and resident only West Beach. Property qualifies for rights to West Beach. 175 ft of frontage with utilities near by. Preston Place is a dead end street of estate homes. Water at street in front of lot and public sewer accessible on Hart St. Preliminary concept plans available upon request. Less than a mile from all that downtown Beverly Farms has to offer including shops, restaurants and train. Build your dream home on this prime parcel. All permitting and due diligence is responsibility of buyer. This is one of two buildable parcels offered for sale, 7 Preston Place can be sold in conjunction with or separate from #5. Please do not walk land unaccompanied.

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Recently Sold Nearby

Price & Status History

Market Insights

1

Price Changes

9.5%

Price Range

Property Timeline

↓

Price Reduced

Mar 30, 2026

$475,000 $50,000 (-9.52%)

From $525,000 to $475,000 (-9.5%)

🏠

Listed for Sale

Oct 27, 2025

$475,000

Original listing

Agent: Brenna McNiff Office: Coldwell Banker Realty - Beverly

🏠

Listed for Sale

Oct 27, 2025

$525,000

Original listing

Office: Coldwell Banker Realty - Beverly

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
03/30/2026	↓ Price Reduced	$475,000	$50,000	-	From $525,000 to $475,000 (-9.5%)
10/27/2025	🏠 Listed for Sale	$475,000	-	-	Original listing
10/27/2025	🏠 Listed for Sale	$525,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2025	$4,519	$411,200

Financial Details

Annual Property Tax

$4,519

Tax Year 2025

Assessed Value

$411,200

Facts & Features

Home Facts

Type Land

Style Residential

Lot Size 1.10 acres

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Utilities

Electric Nearby

Water At Street

Sewer Nearby

Gas None

Other None

Financial

Annual Tax $4,519

Assessed Value $411,200

MA Disclosures

Seller Disclosures None

Additional Details

Possession None

Accepted Financing None

Structure Type []

Documents None

County Essex

Total market time (incl. prior listings) 203 days

Property Overview

Property Type

Residential

Listing Type

For Sale

Floor Layout

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Structure Type:

Exterior Materials:

Roof:

Foundation:

Utilities & Systems

Heating:

Cooling:

Hot Water:

Water Source: At Street

Sewer: Nearby

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features: Wooded

Road Frontage: 175.00 ft

Road Surface:

Parking & Garage

Parking Features:

Nearby Schools

School District

Beverly School District local

B+

✓ School Safety 2024-25

1.3% Average

1.3% Suspensions 1.3% In-School

↓ 4.2% below state avg

E

Elementary Schools

10 schools

Glen Urquhart School

0.6 mi

Grades K-08

Landmark School

2.3 mi

Grades PK-12

Harborlight-Stoneridge Montessori School

2.6 mi

Grades PK-08

Hopeful Journeys Educational Center

3.5 mi

Grades PK-12

Shore Country Day School

3.7 mi

Grades PK-09

The Saints Academy

3.9 mi

Grades PK-08

Children's Center for Communication School

4.2 mi

Grades PK-12

Waldorf School at Moraine Farm

4.2 mi

Grades PK-08

New England Academy School

4.8 mi

Grades 05-12

A-

Centerville Elementary School

1.3 mi | #222 of 825 | Score: 53.6

Dropped 97 spots from last year

-4.6 below state avg

319 students Moderate

Grades K-04

M

Middle Schools

1 school

B+

Beverly Middle School

3.8 mi | #141 of 352 | Score: 45.2

Improved 23 spots from last year

-13 below state avg

1,417 students Moderate

Rising School

Grades 05-08

H

High Schools

2 schools

Waring School

1.7 mi

Grades 06-12

B

Beverly High School

3.4 mi | #155 of 346 | Score: 55.6

Dropped 45 spots from last year

-2.6 below state avg

1,181 students Moderate

17 sports • 1,774 athletes

Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum

Grades 09-12

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Loan Term 30 years 15 years

Monthly Payment Breakdown

Principal & Interest $0

Property Tax $377

Homeowners Insurance $200

PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0

Total principal paid $0

Total interest paid $0

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Payment Over Time

Interest

Principal

Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

Beverly Farms

5 Preston Pl, Beverly MA 01915

Beverly, MA 01915

Listing Information

Listing Agent Brenna McNiff

Listing Office Coldwell Banker Realty - Beverly

Office Phone 978-927-1111

Agent MLS ID CT009538

Office MLS ID AN6191

Listing Data Updated Oct 21, 2026 2:10 PM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate

BMN Boston Powered by SERHANT

mail@steve-novak.com

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