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45 School St, Manchester, MA, 01944

5beds
6baths
4,537sqft
$2,490,000
$549price/sqft
$16,212/moest. monthly cost
$648,480/yrincome needed

About This Home

Elegant Federal Colonial in the heart of the village, thoughtfully updated to honor its historic character while offering modern comfort. This exceptional residence features sun-drenched living spaces, wide pine floors, classic fireplaces, custom built-ins, and exquisite period details throughout. The renovated chef’s kitchen boasts granite countertops, a spacious center island, and French doors that open to a private brick patio and beautifully landscaped, level grounds. With five bedrooms, six baths, and versatile bonus areas, the home provides ample space for living, working, and entertaining. A charming detached barn and separate one-bedroom apartment offer ideal accommodations for guests, rental income, or multi-generational living. Rarely available in-town location just moments from shops, dining, the train, harbor, and the beach.

Getting Around

71
WalkingVery Walkable
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 1812

Materials

  • Foundation: Block,Stone
  • Roof: Shingle,Rubber
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial,Victorian,Carriage House,Georgian,Federal
  • Property subType: Single Family Residence

Interior

Appliances

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

Basement

  • Has basement: Yes
  • Basement: Full

Bathroom1

  • Features: Bathroom - Half, Closet
  • Level: First
  • Area: 33

Bathroom2

  • Features: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Attic Access
  • Level: Second
  • Area: 55.069444444

Bathroom3

  • Features: Bathroom - Full, Bathroom - With Tub & Shower, Skylight, Vaulted Ceiling(s), Flooring - Stone/Ceramic Tile, Dressing Room
  • Level: Second
  • Area: 115.159722222

Bedroom2

  • Features: Bathroom - Half, Flooring - Hardwood
  • Level: Second
  • Area: 222.333333333

Bedroom3

  • Features: Fireplace, Closet, Flooring - Hardwood
  • Level: Second
  • Area: 283.395833333

Bedroom4

  • Features: Fireplace, Closet, Flooring - Hardwood
  • Level: Second
  • Area: 208.125

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 3
  • 1/2 bathrooms: 3

Dining Room

  • Features: Closet, Flooring - Hardwood
  • Level: First
  • Area: 237.666666666

Family Room

  • Features: Closet, Flooring - Hardwood
  • Level: First
  • Area: 232.5

Features

  • Bathroom - Half,Closet,Sitting Room,Center Hall,Foyer,Entry Hall,Bathroom
  • Window features: Insulated Windows
  • Flooring: Hardwood,Flooring - Hardwood
  • Number of fireplaces: 9
  • Fireplace features: Dining Room,Family Room,Living Room,Master Bedroom,Bedroom
  • Fireplace: Yes
  • Finished area above ground: 4,537

Heating & Cooling

  • Heating features: Natural Gas,Fireplace
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,537
  • Total interior livable area: 4,537 sqft

Kitchen

  • Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, French Doors, Kitchen Island, Cabinets - Upgraded, Country Kitchen, Exterior Access, Lighting - Overhead
  • Level: First
  • Area: 256.034722222

Living Room

  • Features: Flooring - Hardwood
  • Level: First
  • Area: 244.097222222

Master Bathroom

  • Features: Yes

Master Bedroom

  • Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Closet, Flooring - Hardwood, Dressing Room
  • Level: Second
  • Area: 268.506944444

Property

Details

  • Parcel number: 2017879
  • Zoning: D

Features

  • Patio & porch: Deck,Patio
  • Exterior features: Deck,Patio,Rain Gutters,Barn/Stable,Sprinkler System
  • Waterfront features: Ocean,1/2 to 1 Mile To Beach,Beach Ownership(Public)

Lot

  • Lot size: 0.86 Acres

Parking

  • Total spaces: 5
  • Parking features: Barn,Paved Drive,Off Street
  • Has garage: Yes
  • Has uncovered spaces: Yes
  • 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

  • Coastal Flooding
    Coastal FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Ice Storm
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 $12,590$151,080
Home Insurance *$806$9,672
Property Taxes $1,922$23,064
Electricity $894$10,735
Total$16,212$194,544
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$555,840/yr
40% on housing$486,360/yr
45% on housing$432,320/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

$549This listing

vs Other Active Listings

Avg $/sqft

ZIP 01944$799
Essex County$385

vs Homes Sold Last Month

Median $/sqft

ZIP 01944$558
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
2026-02-14Listed for sale$2,490,000
2022-06-29Listing removed--
2022-06-06Price change$1,995,000
2022-05-11Listed for sale$2,200,000
1995-06-15Sold$732,000

For Sale by Agent

AgentThe Kristin Francoeur Collective Group
BrokerageGibson Sotheby's International Realty

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