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54 Nahant St, Lynn, MA, 01902

11beds
6baths
5,500sqft
$1,499,900
$273price/sqft
$10,572/moest. monthly cost
$422,880/yrincome needed

About This Home

Nestled in the heart of Lynn’s esteemed Diamond Historic District, 54 Nahant Street is a rare and distinguished property that seamlessly blends 19th-century grandeur with tradition. This expansive estate comprises a restored 1800s Colonial Revival offering a unique opportunity for multi-generational living, guest accommodations, or income potential. The house features 11+ bedrooms, including a master suite with custom mahogany built-in closets, master bath and sitting room. The historical gum wood paneling in the library and mahogany wood throughout add to the beauty and enhance the value of the home. House is presently occupied by a nonprofit. House has much to offer and needs the right buyer or organization to make this house its new space or home. House is a legal single-family residence. Driveway is shared with 54R Nahant located in the rear of the lot.

Getting Around

90
WalkingVery Walkable
46
TransitSome Transit
74
BikeVery Bikeable

Schools

Construction

Condition

  • Year built: 1839

Materials

  • Foundation: Stone,Brick/Mortar
  • Roof: Slate
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial Revival
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater,Range

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 11
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Features

  • Window features: Insulated Windows
  • Flooring: Wood
  • Number of fireplaces: 6
  • Fireplace: Yes
  • Finished area above ground: 5,500

Heating & Cooling

  • Heating features: Hot Water,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 5,500
  • Total interior livable area: 5,500 sqft

Master Bathroom

  • Features: Yes

Property

Details

  • Parcel number: M:081 B:579 L:020,2002111
  • Zoning: R2
  • Exclusions: All Personal Property Belonging To Tenants And Seller.

Features

  • Waterfront features: Ocean,0 to 1/10 Mile To Beach,Beach Ownership(Public)

Lot

  • Lot size: 6,201 sqft
  • Features: Easements

Parking

  • Total spaces: 2
  • Parking features: Paved Drive,Shared Driveway,Off Street,Deeded,Driveway,Paved
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Lightning
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,584$91,008
Home Insurance *$630$7,560
Property Taxes $1,274$15,288
Electricity $1,084$13,014
Total$10,572$126,864
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$362,468/yr
40% on housing$317,160/yr
45% on housing$281,920/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$273This listing

vs Other Active Listings

Avg $/sqft

ZIP 01902$273
Essex County$385

vs Homes Sold Last Month

Median $/sqft

ZIP 01902$383
Essex County$387

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-05Listed for sale$1,499,900

For Sale by Agent

AgentLinda G. Champion
BrokerageCUE Realty

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