
89 Lothrop Street Beverly — Photo 1 of 41
Recent Drop: $500,000
$3,000,000
89 Lothrop Street, Beverly, MA 01915
Beverly, MA 01915
Beds
6
Baths
3.5
SqFt
5,414
Style
Single Family
Built
1912
Presenting an exceptional oceanfront estate with sweeping water views! Enjoy the covered stone terrace, sprawling lawn, and mature landscaping perfect for summer gatherings. This grand home spanning 5414’ of living space offers a harmonious blend of historical character and contemporary comfort with distinguished architectural style. The gracious foyer leads to the formal living room and family room/library with back to back fireplaces, wood archways, coffered ceilings, and wainscoting. The sunroom and patio also enjoy ocean views! Featuring 6 bedrooms, 3.5 baths, hardwood floors and period details abound. Formal dining room with doors leading to the terrace, kitchen and spacious breakfast room. The second floor offers 4 bedrooms, en suite bath adjoining two of the bedrooms, additional full bath, laundry and home office space. The third floor has two bedrooms, full bath and ample storage. The 4 car attached garage and generous basement storage complete this unique home. Welcome to 89!
Market Value Analysis
* Analysis is based on 21 actively listed and recently sold comparable properties strictly within Beverly, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First23.7 x 16.1
Beamed Ceilings, Flooring - Hardwood, Exterior Access, Wainscoting, Crown Molding, Decorative Molding
Dining Room
Lvl First18.11 x 16.1
Beamed Ceilings, Flooring - Hardwood, Exterior Access, Wainscoting, Beadboard, Crown Molding, Decorative Molding
Kitchen
Lvl First9.7 x 8.6
Flooring - Stone/Ceramic Tile, Stainless Steel Appliances
Family Room
Lvl First16.1 x 11.11
Beamed Ceilings, Flooring - Hardwood, Wainscoting, Decorative Molding
Primary Bedroom
Lvl Second24.7 x 12.1
Closet, Flooring - Wall to Wall Carpet, Crown Molding
Bedroom 2
Lvl Second16.1 x 16.2
Bedroom 3
Lvl Second19.7 x 16.1
Fireplace, Beamed Ceilings, Closet, Flooring - Hardwood, Crown Molding
Bedroom 4
Lvl Second16.2 x 12
Closet, Flooring - Hardwood, Crown Molding
Bedroom 5
Lvl Third20.6 x 16
Closet, Flooring - Hardwood
Bathroom 1
Lvl First4.8 x 3.8
Bathroom - Half
Bathroom 2
Lvl Second8.9 x 7.6
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl Second15.9 x 6.4
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Marble, Countertops - Upgraded
Property History
$3,000,000
Was $3,250,000
Sep 22, 2026
MLS® 73524590
$3,250,000
Was $3,500,000
Jun 29, 2026
MLS® 73524590
$3,500,000
May 27, 2026
MLS® 73524590
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 5,414 sq ft principal dwelling). Lot size: 27,630 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 Agent: Pam Spiros
Listing Office: Coldwell Banker Realty - Beverly
MLS® Number: 73524590
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