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15 Grosvenor Park, Lynn, MA, 01902

5beds
2baths
3,074sqft
$1,050,000
$342price/sqft
$7,248/moest. monthly cost
$289,920/yrincome needed

About This Home

OPEN HOUSE SUNDAY MAY 3rd 12pm-2pm. A rare offering in one of the North Shore’s most sought-after coastal enclaves, this stately 1910 Colonial Revival stands as one of Grosvenor Park’s most distinguished homes. Offering over 3,000 sq ft across three levels, the property combines scale, character, and location in a way that is increasingly hard to find. Inside, five spacious bedrooms and two full bathrooms provide flexibility for a variety of living arrangements. Two fireplaces anchor the main living areas, complemented by original details that reflect timeless craftsmanship. The widow’s walk offers sweeping ocean views, with public beach access, Lynn Shore Drive, parks, and local amenities just moments away. Recent updates include flooring, paint, appliances, and masonry work. Central air and forced-air heating provide year-round comfort. Owned by the same family for over 60 years, a portion of land from Atlantic Terrace is conveyed. Buyer and buyer’s agent to perform all due diligence

Getting Around

77
WalkingVery Walkable
42
TransitSome Transit
65
BikeBikeable

Schools

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Brick/Mortar
  • Roof: Asphalt/Composition Shingles

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Number of fireplaces: 2
  • Fireplace: Yes
  • Finished area above ground: 3,074

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,074
  • Total interior livable area: 3,074 sqft

Property

Details

  • Parcel number: M:093 B:572 L:005,2001634
  • Zoning: R2

Features

  • Has view: Yes
  • View description: Scenic View(s),Water,Ocean
  • Has water view: Yes
  • Water view: Ocean,Water
  • Waterfront features: Ocean,Walk to,1/10 to 3/10 To Beach,Beach Ownership(Public)

Lot

  • Lot size: 4,700 sqft

Parking

  • Total spaces: 5
  • Uncovered spaces: 5

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 $5,309$63,708
Home Insurance *$441$5,292
Property Taxes $892$10,704
Electricity $606$7,274
Total$7,248$86,976
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$248,502/yr
40% on housing$217,440/yr
45% on housing$193,280/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

$342This listing

vs Other Active Listings

Avg $/sqft

ZIP 01902$272
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)

Price History

DateEventPrice
2026-05-01Price change$999,999
2026-04-20Price change$1,029,999
2026-03-12Listed for sale$1,050,000

For Sale by Agent

AgentMichael Tetreault
BrokerageThe Tate Team

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