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48 Paine Ave, Beverly, MA, 01915

5beds
4baths
6,295sqft
$3,195,000
$508price/sqft
$21,246/moest. monthly cost
$849,840/yrincome needed

About This Home

Incredible opportunity to live in a late 19th century Carriage House tucked back from the road on beautiful grounds along historic Paine Avenue in Prides Crossing. Surrounded by the area’s storied estates, this distinctive 5-bedroom, 3.5-bath home blends timeless character with comfortable modern living. The light-filled first level features soaring ceilings, an open layout, and inviting living and dining spaces with access to the expansive yard. The eat-in kitchen offers modern amenities, a sitting area, and French doors to the outdoors. The second level includes four bedrooms with serene views, including a primary suite. A private one-bedroom in-law or au pair apartment with separate entrance retains classic Carriage House charm, including antique wood and original doors, along with a living room, kitchen, and bath. Landscaped grounds, stone patio, open lawn, deeded West Beach access, and close proximity to the villages of Prides Crossing and Beverly Farms complete this special home.

Getting Around

26
WalkingCar-Dependent
0
TransitVery Limited Transit
14
BikeSomewhat Bikeable

Schools

5/10
Cove Elementary SchoolGrades K-41.8 mi
5/10
Briscoe Middle SchoolGrades 5-83.4 mi
6/10
Beverly High SchoolGrades 9-123.0 mi

Construction

Condition

  • Year built: 1890

Materials

  • Foundation: Other
  • Roof: Shingle

Type & Style

  • Home type: SingleFamily
  • Architectural style: Carriage House
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Oven,Dishwasher,Refrigerator
  • Laundry features: Second Floor

Basement

  • Has basement: Yes
  • Basement: Full,Garage Access

Bathroom1

  • Level: Second

Bathroom2

  • Level: Second

Bathroom3

  • Level: Second

Bedroom2

  • Level: Second
  • Area: 169

Bedroom3

  • Level: Second
  • Area: 182

Bedroom4

  • Level: Second
  • Area: 260

Bedroom5

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Features: Flooring - Hardwood, French Doors, Remodeled, Lighting - Sconce
  • Level: Main,First
  • Area: 360

Family Room

  • Features: Closet, Closet/Cabinets - Custom Built, Wet Bar, Remodeled, Storage
  • Level: Main,First
  • Area: 252

Features

  • 1/4 Bath,Inlaw Apt.,Wet Bar
  • Window features: Screens
  • Flooring: Wood,Tile,Carpet,Hardwood,Wood Laminate
  • Number of fireplaces: 2
  • Fireplace features: Family Room,Living Room
  • Fireplace: Yes
  • Finished area above ground: 6,295

Heating & Cooling

  • Heating features: Baseboard,Oil
  • Cooling features: Central Air

Interior Area

  • Total structure area: 6,295
  • Total interior livable area: 6,295 sqft

Kitchen

  • Features: Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, French Doors, Kitchen Island, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove, Lighting - Pendant, Lighting - Overhead
  • Level: Main,First
  • Area: 420

Living Room

  • Features: French Doors, Exterior Access, Open Floorplan, Remodeled
  • Level: Main,First
  • Area: 740

Master Bathroom

  • Features: Yes

Master Bedroom

  • Level: Second
  • Area: 338

Property

Details

  • Parcel number: M:0036 B:0063 L:,4186498
  • Zoning: R90

Features

  • Patio & porch: Deck,Patio
  • Exterior features: Deck,Patio,Rain Gutters,Greenhouse,Screens,Garden
  • Has view: Yes
  • View description: Scenic View(s)
  • Waterfront features: Ocean,Direct Access,Walk to,1/2 to 1 Mile To Beach,Beach Ownership(Association)

Lot

  • Lot size: 2.29 Acres
  • Features: Level

Parking

  • Total spaces: 8
  • Parking features: Attached,Off Street
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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 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 $16,155$193,860
Home Insurance *$958$11,496
Property Taxes $2,892$34,704
Electricity $1,241$14,895
Total$21,246$254,952
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$728,434/yr
40% on housing$637,380/yr
45% on housing$566,560/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

$508This listing

vs Other Active Listings

Avg $/sqft

ZIP 01915$449
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
2026-05-07Price change$3,195,000
2026-03-05Listed for sale$3,500,000
1996-01-31Sold$955,000

For Sale by Agent

AgentKrista Julian
BrokerageColdwell Banker Realty - Manchester

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