Active

141 Days on market

54 Nahant St Lynn — Photo 1 of 32

$1,499,900

54 Nahant St, Lynn, MA 01902

Lynn, MA 01902 — Diamond District

Beds

Baths

5.5

SqFt

5,500

Style

Single Family

Built

1839

Nestled in the heart of Lynn’s esteemed Diamond Historic District, 54 Nahant Street is a rare and distinguished property that seamlessly blends 19th-century grandeur with tradition. This expansive estate comprises a restored 1800s Colonial Revival offering a unique opportunity for multi-generational living, guest accommodations, or income potential. The house features 11+ bedrooms, including a master suite with custom mahogany built-in closets, master bath and sitting room. The historical gum wood paneling in the library and mahogany wood throughout add to the beauty and enhance the value of the home. House is presently occupied by a nonprofit. House has much to offer and needs the right buyer or organization to make this house its new space or home. House is a legal single-family residence. Driveway is shared with 54R Nahant located in the rear of the lot.

Market Value Analysis

This Property

Size (SqFt) →Price →

This Property$273/sqft

Local Avg (Lynn)$343/sqft

20% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Lynn, MA.

Financials

Original Price$1,499,900

Annual Taxes$9,906

Parking

Garage0

Off-Street2

Interior Specifications

Total Rooms18

Fireplaces6

FlooringWood

BasementFull

Climate & Utilities

HeatingHot Water, Natural Gas

CoolingNone

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame

RoofSlate

FoundationStone, Brick/Mortar

ZoningR2

Property & Lot

Acres0.14

SqFt Lot6,201

Lot FeaturesEasements

Amenities & Appliances

Gas Water Heater • Range

Neighborhood

Public Transportation • Park • Walk/Jog Trails • Bike Path • House of Worship • Public School

Geography

Population

50,066

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$67K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

63.1%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 5,500 sq ft principal dwelling). Lot size: 6,201 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Full Lynn, MA market report ZIP 01902 market data

Listing Provided By

Listing Agent: Linda G. Champion

Listing Office: CUE Realty

MLS® Number: 73512529