7 Preston Pl, Beverly MA 01915

Beverly, MA 01915 • Beverly Farms
$525,000
$475,000
Est. $2,942/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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1.93
Acres
359
Days on Market
For Sale Price Drop -$50,000 Listed Oct 27, 2025 • MLS# 73448165 Copied! • Updated Oct 21, 2026

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About this home

Rare opportunity to develop a buildable, 2 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 (which this property receives rights to). Over 200 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, 5 Preston Place can be sold in conjunction with or separate from #7. 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
Agent: Brenna McNiff Office: Coldwell Banker Realty - Beverly

Tax History

Year Taxes Assessment
2025 $4,083 $371,500

Financial Details

Annual Property Tax
$4,083
Tax Year 2025
Assessed Value
$371,500

Facts & Features

Home Facts

Type Land
Style Residential
Lot Size 1.93 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
Annual Tax $4,083
Assessed Value $371,500
Seller Disclosures ~18, 000 Sq Ft Of Wetlands On Lot
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: Wetlands, Wooded
Road Frontage: 209.00 ft
Road Surface:

Parking & Garage

Parking Features:
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

3 schools
Glen Urquhart School
0.6 mi
Grades K-08
Brookwood School
1.0 mi
Grades PK-08
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

3 schools
Landmark School - Elementary Middle School
1.2 mi
Grades K-09
A
Manchester Essex Regional Middle School
2.6 mi | #57 of 352 | Score: 55.8
Improved 43 spots from last year
-2.4 below state avg
278 students Less Diverse
Rising School Strong Attendance
Grades 06-08
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

3 schools
Waring School
1.7 mi
Grades 06-12
A+
Manchester Essex Regional High School
2.6 mi | #26 of 346 | Score: 72.1
Improved 7 spots from last year
+13.9 above state avg
373 students Less Diverse
19 sports • 932 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
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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Monthly Payment Calculator

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Loan Amount
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $340
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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+0.5% Rate
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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

7 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.

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Steve Novak Real Estate
Steve Novak Real Estate
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