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34 Paine Ave, Beverly, MA, 01915

13beds
18baths
27,313sqft
$22,990,000
$842price/sqft
$149,343/moest. monthly cost
$5,973,720/yrincome needed

About This Home

Commanding one of the most extraordinary waterfront settings on Beverly’s famed Gold Coast, Rock Edge is a legendary Georgian Revival estate perched atop a dramatic rocky bluff with 400± feet of private beachfront and breathtaking ocean views. Originally built in 1904, this iconic residence has been masterfully restored and reimagined, seamlessly blending Gilded Age grandeur with exceptional modern luxury while preserving the estate’s remarkable architectural pedigree. Soaring 16-foot ceilings, richly scaled interiors, elegant oceanfront formal living and dining rooms, a stunning oceanfront veranda, and a spectacular 1,500± SQFT gourmet marble kitchen are just a few of the outstanding features of this magnificent property. Complete with a private guest wing, a separate carriage house, private beach access, restored cabanas, a pool and an unmatched seaside setting, Rock Edge represents a once-in-a-generation opportunity to own one of the North Shore’s most impressive waterfront estate.

Getting Around

33
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

6/10
Cove Elementary SchoolGrades K-41.8 mi
6/10
Briscoe Middle SchoolGrades 5-83.3 mi
6/10
Beverly High SchoolGrades 9-123.0 mi

Construction

Condition

  • Year built: 1910

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 13
  • Bathrooms: 18
  • Full bathrooms: 14
  • 1/2 bathrooms: 4

Heating

  • Heating features: Electric

Interior Area

  • Total structure area: 27,313
  • Total interior livable area: 27,313 sqft

Kitchen

  • Features: F

Property

Details

  • Parcel number: BEVEM0026B0023L

Parking

  • Total spaces: 24
  • Parking features: 17 Off-Street,7 Garage

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 $116,249$1,394,988
Home Insurance *$6,896$82,752
Property Taxes $20,813$249,756
Electricity $5,385$64,631
Total$149,343$1,792,116
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$5,120,331/yr
40% on housing$4,480,290/yr
45% on housing$3,982,480/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

$842This listing

vs Other Active Listings

Avg $/sqft

ZIP 01915$441
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)

Price History

DateEventPrice
2026-06-17Listed for sale$22,990,000
2023-03-16Sold$18,275,000
2022-11-29Pending sale$22,000,000
2022-11-29Contingent$22,000,000
2022-09-27Price change$22,000,000
2022-06-07Price change$20,500,000
2022-04-05Listed for sale$22,000,000
2022-01-25Listing removed--
2021-07-08Listed for sale$22,000,000

For Sale by Agent

AgentTracy Campion
BrokerageCampion & Company Back Bay

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