1 Shay Ter, Newburyport, MA, 01950
About This Home
Shay Terrace presents a rare opportunity to build a custom luxury home in one of Newburyport’s newest and most exclusive enclaves. Offering just four builder tie-in homesites, this thoughtfully designed private lane combines an exceptional location with the craftsmanship and reputation of premier local builder. Homesites ranging from 12,000 to 21,000 square feet are available starting at $899,000, with fully custom luxury residences starting at $2,999,000. Collaborate with an experienced builder to design and build a home tailored to your lifestyle, from architectural design and floor plan to the finest finishes and personalized details. Located just minutes from downtown Newburyport, waterfront parks, marinas, boutique shopping, acclaimed restaurants, and Plum Island’s beautiful beaches, Shay Terrace offers an unmatched combination of privacy, convenience, and coastal New England living. Photos are of the builders previous work. Reach out for reservation details and next steps.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- New construction: Yes
- Year built: 2027
Materials
- Foundation: Concrete Perimeter
Type & Style
- Home type: SingleFamily
- Architectural style: Other (See Remarks)
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Water Heater
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Features
- Number of fireplaces: 2
- Fireplace: Yes
- Finished area above ground: 3,500
Heating & Cooling
- Heating features: Central,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 3,500
- Total interior livable area: 3,500 sqft
Master Bathroom
- Features: Yes
Property
Details
- Zoning: R2
Features
- Private pool: Yes
- Pool features: In Ground
- Patio & porch: Porch,Porch - Enclosed,Screened,Deck,Deck - Composite,Patio,Covered
- Exterior features: Porch,Porch - Enclosed,Porch - Screened,Deck,Deck - Composite,Patio,Covered Patio/Deck,Pool - Inground,Cabana,Hot Tub/Spa,Storage,Professional Landscaping,Sprinkler System,Decorative Lighting,Fenced Yard,Garden,Guest House,Outdoor Shower
- Has spa: Yes
- Spa features: Private
- Fencing: Fenced
- Waterfront features: Ocean,River,Beach Ownership(Public)
Lot
- Lot size: 0.28 Acres
- Features: Level
Parking
- Total spaces: 9
- Parking features: Attached,Paved Drive,Off Street
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- Has uncovered spaces: Yes
- Uncovered spaces: 6
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
- Inland Flooding
- Earthquake
- Hurricane
- Ice Storm
- Lightning
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $15,169 | $182,028 |
| Home Insurance * | $639 | $7,668 |
| Property Taxes | $2,550 | $30,600 |
| Electricity | $690 | $8,282 |
| Total | $19,048 | $228,576 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-30 | Listed for sale | $3,000,000 |
New Construction
View on Zillow