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965-973 Hale St, Beverly, MA, 01915

7beds
7baths
9,627sqft
$9,990,000
$1,038price/sqft
$63,899/moest. monthly cost
$2,555,960/yrincome needed

About This Home

Tucked away on 27 pristine acres along Massachusetts’ famed Gold Coast, Malt Hill is a rare legacy estate offering privacy and oceanfront beauty. At its heart stands a striking three-story residence distinguished by its stucco façade, slate roof, and stately chimneys. Inside, rich architectural details pay homage to its grand origins and create an ambiance of warmth and sophistication. Beyond the main home, the estate unfolds into a world of unparalleled amenities: a carriage house with three residential units, gunite swimming pool, tennis court, and peaceful pond. A quaint “oyster camp” overlooks the tidal marsh, offering a front-row seat to the rhythms of nature. Most remarkable, however, is the estate’s private 3.8-acre beachfront—a secluded stretch of coastline where the ocean meets the horizon. With easy access to Boston, Malt Hill is the perfect retreat for those seeking both tranquility and convenience. A true masterpiece, ready for its next chapter of refined coastal living.

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

5/10
Cove Elementary SchoolGrades K-43.1 mi
5/10
Briscoe Middle SchoolGrades 5-84.5 mi
6/10
Beverly High SchoolGrades 9-124.2 mi

Construction

Condition

  • Year built: 1890

Materials

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

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Water Heater,Range,Oven,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer
  • Laundry features: Second Floor

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access,Interior Entry,Unfinished

Bathroom1

  • Features: Bathroom - Half
  • Level: Second

Bathroom2

  • Features: Bathroom - Full
  • Level: Second

Bathroom3

  • Features: Bathroom - Full
  • Level: Second

Bedroom2

  • Features: Flooring - Wood
  • Level: Second

Bedroom3

  • Features: Fireplace, Flooring - Wood, Balcony / Deck
  • Level: Second

Bedroom4

  • Features: Fireplace, Flooring - Wood
  • Level: Third

Bedroom5

  • Features: Flooring - Wood
  • Level: Third

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 7
  • Full bathrooms: 6
  • 1/2 bathrooms: 1

Dining Room

  • Features: Flooring - Wood
  • Level: First

Family Room

  • Features: Flooring - Wood, French Doors, Wet Bar, Exterior Access
  • Level: First

Features

  • Bathroom - Full,Entrance Foyer,Sun Room,Bedroom,Bathroom
  • Flooring: Wood,Tile,Carpet,Flooring - Stone/Ceramic Tile
  • Number of fireplaces: 7
  • Fireplace features: Dining Room,Family Room,Living Room,Master Bedroom
  • Fireplace: Yes
  • Finished area above ground: 9,627

Heating & Cooling

  • Heating features: Natural Gas,Fireplace(s),Fireplace
  • Cooling features: None

Interior Area

  • Total structure area: 9,627
  • Total interior livable area: 9,627 sqft

Kitchen

  • Features: Flooring - Wood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Exterior Access
  • Level: First

Living Room

  • Features: Flooring - Wood
  • Level: First

Master Bathroom

  • Features: Yes

Master Bedroom

  • Features: Wood / Coal / Pellet Stove, Flooring - Wood, Balcony - Exterior
  • Level: Second

Property

Details

  • Zoning: R90

Features

  • Private pool: Yes
  • Pool features: In Ground
  • Patio & porch: Deck,Deck - Roof,Patio
  • Exterior features: Deck,Deck - Roof,Patio,Balcony,Pool - Inground,Tennis Court(s),Hot Tub/Spa,Storage,Sprinkler System,Guest House
  • Has spa: Yes
  • Spa features: Private
  • Has view: Yes
  • View description: Water,Marsh,Ocean,Private Water View
  • Has water view: Yes
  • Water view: Marsh,Ocean,Private,Water
  • On waterfront: Yes
  • Waterfront features: Waterfront,Ocean,Walk to,Private,Ocean,Frontage,Walk to,0 to 1/10 Mile To Beach,Beach Ownership(Private)

Lot

  • Lot size: 27.23 Acres
  • Features: Wooded,Easements

Parking

  • Total spaces: 22
  • Parking features: Paved Drive,Off Street,Paved
  • Has uncovered spaces: Yes
  • Uncovered spaces: 22

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

  • Coastal Flooding
    Coastal FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
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 $50,514$606,168
Home Insurance *$2,996$35,952
Property Taxes $8,491$101,892
Electricity $1,898$22,780
Total$63,899$766,788
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,190,822/yr
40% on housing$1,916,970/yr
45% on housing$1,703,973/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

$1,038This listing

vs Other Active Listings

Avg $/sqft

ZIP 01915$437
Essex County$385

vs Homes Sold Last Month

Median $/sqft

ZIP 01915$446
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
2025-06-17Listed for sale$9,990,000
2024-06-24Listing removed$12,000,000
2024-06-20Listed for sale$12,000,000

For Sale by Agent

AgentBrackett Janis Group
BrokerageEngel & Volkers By the Sea

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