Search
Waterfront Land in Prides Crossing
For Sale
$4,200,000

68 Paine Ave, Beverly, MA 01915

Rare opportunity to build on 2+ acres of waterfront land.

Property SizeContact for details
Lot Size2.00 Acres
Days on Market250

Property Features for 68 Paine Ave

General Information

Standard status Active
Lot size 2.00 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $21,985

Amenities

Easements
Flood Plain
Marsh
Wetlands
Listing Agency: J. Barrett & Company
Listed By: Alexandra Cutler · License #454004800
Source: Corcoran
Added: Dec 2, 2025 Changed: Aug 8 Last Checked: Jul 15 at 9:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of J. Barrett & Company

Investment Insights

Based on property information with market context.

This property presents a rare opportunity to construct a custom home on over two acres of waterfront land, situated in a prime Northshore location. City approvals and plans are currently in place for a new construction project. The approved plans include a primary residence with over 4,600 square feet of living space. The existing structure allows for the preservation of 1,300 square feet as a beach cabana. Located within the private Paine Avenue enclave in Prides Crossing, the property benefits from a high degree of privacy, bordered by the RockMarge Estate to the west and 18 acres of conservation land to the east. The site offers 180-degree views of Manchester-by-the-Sea, Marblehead, Salem Sound, and Misery.

Key Highlights

  • Waterfront property with 2+ acres in a prime Northshore location.
  • City approvals and plans in‑hand for a new 4,600+ sq. ft. primary residence.
  • Ability to preserve 1,300 sq. ft. of existing home as a beach cabana.

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Big Box & Wholesale Store Auto Repair Shop Parking Lot & Garage Building Supply Garden Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

174
Businesses Nearby

Demographics for 01915, MA

42,341
Population
17,318
Households
2.4
Avg Household Size
40
Median Age
51%
College-Educated
97%
High-School Grad
14.2 sq mi
ZIP Area
2,982
Density / Sq Mi
$102,347
Median Household Income
$57,989
Median Earnings
$1,684
Median Rent
$619,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Waterfront Land - Rare opportunity to build on 2+ acres of waterfront land.
Where is this waterfront land located?
The property is located at 68 Paine Ave Beverly, MA.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Waterfront property with 2+ acres in a prime Northshore location.; City approvals and plans in‑hand for a new 4,600+ sq. ft. primary residence.; Ability to preserve 1,300 sq. ft. of existing home as a beach cabana.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message