Active
462 Days on market
965-973 Hale Street Beverly — Photo 1 of 42

965-973 Hale Street Beverly — Photo 1 of 42

$9,990,000

965-973 Hale Street, Beverly, MA 01915

Beverly, MA 01915 — Beverly Farms

Beds

7

Baths

6.5

SqFt

9,627

Style

Single Family

Built

1890

Tucked away on 27 pristine acres along Massachusetts’ famed Gold Coast, Malt Hill is a rare legacy estate offering privacy and oceanfront beauty. At its heart stands a striking three-story residence distinguished by its stucco façade, slate roof, and stately chimneys. Inside, rich architectural details pay homage to its grand origins and create an ambiance of warmth and sophistication. Beyond the main home, the estate unfolds into a world of unparalleled amenities: a carriage house with three residential units, gunite swimming pool, tennis court, and peaceful pond. A quaint “oyster camp” overlooks the tidal marsh, offering a front-row seat to the rhythms of nature. Most remarkable, however, is the estate’s private 3.8-acre beachfront—a secluded stretch of coastline where the ocean meets the horizon. With easy access to Boston, Malt Hill is the perfect retreat for those seeking both tranquility and convenience. A true masterpiece, ready for its next chapter of refined coastal living.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$1038/sqft
Local Avg (Beverly)$517/sqft
101% AboveMarket Average

* Analysis is based on 21 actively listed and recently sold comparable properties strictly within Beverly, MA.

Property Details

Financials

Original Price$9,990,000
Annual Taxes$60,972

Parking

Garage0
Off-Street22

Interior Specifications

Total Rooms26
Fireplaces7
FlooringWood, Tile, Carpet, Flooring - Stone/Ceramic Tile
BasementFull, Walk-Out Access, Interior Entry, Unfinished

Climate & Utilities

HeatingNatural Gas, Fireplace(s), Fireplace
CoolingNone
WaterPublic
SewerPublic Sewer, Private Sewer

Building & Exterior

ConstructionFrame, Brick, Stone
RoofSlate
FoundationStone
ZoningR90

Property & Lot

Acres27.23
SqFt Lot1,186,138
Lot FeaturesWooded, Easements

Amenities & Appliances

Water Heater • Range • Oven • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Walk/Jog Trails • Stable(s) • Golf

Geography

Floorplan Breakdown

Structural Layout

Third
Bedroom 4Bedroom 5
Second
Primary BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenFamily Room
Living Room
Lvl First

Flooring - Wood

Dining Room
Lvl First

Flooring - Wood

Kitchen
Lvl First

Flooring - Wood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Exterior Access

Family Room
Lvl First

Flooring - Wood, French Doors, Wet Bar, Exterior Access

Primary Bedroom
Lvl Second

Wood / Coal / Pellet Stove, Flooring - Wood, Balcony - Exterior

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Fireplace, Flooring - Wood, Balcony / Deck

Bedroom 4
Lvl Third

Fireplace, Flooring - Wood

Bedroom 5
Lvl Third

Flooring - Wood

Bathroom 1
Lvl Second

Bathroom - Half

Bathroom 2
Lvl Second

Bathroom - Full

Bathroom 3
Lvl Second

Bathroom - Full

Property History

Listed
$9,990,000

Jun 17, 2025

MLS® 73391908

Expired
$12,000,000

Dec 31, 2024

MLS® 73254994

Listed
$12,000,000

Jun 20, 2024

MLS® 73254994

Population

41,994

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

Median Household Income

$105K

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

Renter-Occupied Homes

40.6%

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 9,627 sq ft principal dwelling). Lot size: 1,186,138 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.

Listing Provided By

Listing Agent: Brackett Janis Group

Listing Office: Engel & Volkers By the Sea

MLS® Number: 73391908

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