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90 Water St, Danvers, MA, 01923

3beds
2baths
1,872sqft
$749,000
$400price/sqft
$5,049/moest. monthly cost
$201,960/yrincome needed

About This Home

Waterfront! Set on a spectacular 2+ acre lot directly on the Crane river, this exceptional property boasts the largest lot on the ocean side of Water Street! Offering 234 feet of direct frontage along the scenic Crane River. Enjoy private access to the water with your own boat dock and float—perfect for boating, kayaking, or simply taking in the serene views. The parcel features an antique Colonial home with 3 bedrooms and 2 baths, full of character and potential. Ample space allows for the addition of an accessory dwelling unit (ADU), presenting a unique opportunity for expansion or investment. Additional highlights include convenient turnaround parking and expansive outdoor space. Whether you're looking to restore, expand, or build your dream waterfront estate, this property offers unmatched potential! Fantastic Location, Close to shopping malls, center of Danvers, routes 128 and 95 and just 10 minutes away from the Beverly MBTA station.

Getting Around

47
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

6/10
3/10
5/10
Danvers High SchoolGrades 9-122.3 mi

Construction

Condition

  • Year built: 1801

Materials

  • Foundation: Concrete Perimeter,Block
  • Roof: Shingle
  • Construction materials: Frame,Post & Beam

Type & Style

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

Interior

Appliances

  • Appliances included: Water Heater

Basement

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

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Number of fireplaces: 2
  • Fireplace: Yes
  • Finished area above ground: 1,872

Heating & Cooling

  • Heating features: Hot Water,Steam,Oil
  • Cooling features: None

Interior Area

  • Total structure area: 1,872
  • Total interior livable area: 1,872 sqft

Property

Details

  • Parcel number: 1881936
  • Zoning: R1

Features

  • Exterior features: Stone Wall
  • Has view: Yes
  • View description: Water,River
  • Has water view: Yes
  • Water view: River,Water
  • On waterfront: Yes
  • Waterfront features: Waterfront,River

Lot

  • Lot size: 2.03 Acres

Parking

  • Total spaces: 7
  • Parking features: Detached,Storage,Paved Drive,Off Street,Paved
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • 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
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Inland Flooding
Ice Storm
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 $3,787$45,444
Home Insurance *$219$2,628
Property Taxes $674$8,088
Electricity $369$4,429
Total$5,049$60,588
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$173,108/yr
40% on housing$151,470/yr
45% on housing$134,640/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

$400This listing

vs Other Active Listings

Avg $/sqft

ZIP 01923$308
Essex County$385

vs Homes Sold Last Month

Median $/sqft

ZIP 01923$403
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
2026-05-13Price change$749,000
2026-05-06Price change$799,000
2026-04-23Listed for sale$825,000
2025-11-29Listing removed$975,000
2025-05-28Listed for sale$975,000
1989-05-01Sold$195,000

For Sale by Agent

AgentJoseph Barnes
BrokerageKeller Williams Realty Boston-Metro | Back Bay

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