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$475,000 -$50,000 (-9.52%) Price Reduced

  • For Sale
  • Active
  • Land Residential
  • 1.1 Acres
  • Updated 16 hours ago
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Rare opportunity to develop a buildable, 1 acre single family home in highly desirable Beverly Farms. ANR lot on well maintained and established street convenient to highways, town and resident only West Beach. Property qualifies for rights to West Beach. 175 ft of frontage with utilities near by. Preston Place is a dead end street of estate homes. Water at street in front of lot and public sewer accessible on Hart St. Preliminary concept plans available upon request. Less than a mile from all that downtown Beverly Farms has to offer including shops, restaurants and train. Build your dream home on this prime parcel. All permitting and due diligence is responsibility of buyer. This is one of two buildable parcels offered for sale, 7 Preston Place can be sold in conjunction with or separate from #5. Please do not walk land unaccompanied.

Full Property Details for 5 Preston Pl

General

  • Price: $475,000
  • Taxes: $4,519 (2025)
  • Status: Active
  • Type: Land Residential
  • Source: MLSPin
  • MLS ID: 73448164
  • Updated: 3/30/2026
  • Added to Site: 154 day(s) ago

Location

  • Area: Beverly Farms
  • County: Essex
  • Driving Directions: Hart to Preston Place
  • Total Lots Available: 1

Utilities

  • Gas: None
  • Sewer: Nearby
  • Water: At Street

Lot Features

  • Lot Size (Acres): 1.1
  • Lot Dimensions: 1.1
  • Frontage: Public
  • Frontage Feet: 175
  • Lot Features: Wooded

Water Features

  • Water Front Desc.: 1/2 to 1 Mile To Beach

Financial Considerations

  • Tax Amount: $4,519
  • Tax Year: 2025

Disclosures and Reports

  • Perc Report: N
  • Property ID: M:0075 B:005A L:, 4189774
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 5 Preston Pl —

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5 Preston Pl

School District:Beverly School District
NameGradesDistance
Beverly High School
100 Sohier Rd, Beverly, MA 01915
9-123.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5 Preston Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/30/2026
Price Reduced
$475,000
-9.52%
MLS
10/27/2025
Listed
$525,000
150%
MLS
9/15/2015
Sold
$210,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5 Preston Pl

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,519
20%
$411,200
23%
2024
$3,768
5%
$335,500
5%
2023
$3,595
24%
$319,300
34%
2022
$2,900
1%
$238,300
5%
2021
$2,884
5%
$227,100
6%
2020
$2,758
5%
$215,000
8%
2019
$2,639
-9%
$199,800
-7%
2018
$2,910
—
$214,000
5%
2017
$2,923
-12%
$204,700
-12%
2016
$3,338
308%
$232,000
300%
2015
$818
—
$58,000
—
2014
$821
—
$58,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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5 Preston Pl, Beverly, MA 01915 (MLS# 73448164) is a Land Residential property with a lot size of 1.1 acres. 5 Preston Pl is currently listed for $475,000 and was received on October 27, 2025. This property is listed by Brenna McNiff from our Beverly Office.Want to learn more about 5 Preston Pl? Do you have questions about finding other Land Residential real estate for sale in Beverly? You can browse all Beverly real estate or contact a Coldwell Banker agent to request more information.

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