$2,150,000
6
Beds
2/2
Baths
2,931
Living Area
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Property Description
Rarely does a property offer this combination of scale, location, historic character, and redevelopment potential. Situated on an oversized HALF ACRE parcel in Revere's desirable RB Zoning District with a Multi-House (HS) designation, this unique estate presents the potential to subdivide into TWO LOTS and develop up to FIVE RESIDENTIAL UNITS (buyer to perform all due diligence). The existing circa-1860 main house, historically configured as a two-family residence with potential to revert back into mutli-family, spans over 2,900 square feet. Currently enjoyed as a spacious single-family home with six bedrooms, 4 bathrooms, the stunning main house features nine-foot ceilings, multiple living spaces, a spacious first-floor primary suite and office, vaulted family room addition, and a walk-up attic offering further expansion opportunity. A detached two-story barn with electricity, plumbing, and heat provides exceptional potential as a guest suite, workshop, or a third unit ADU (subject to approvals). Additionally, the expansive RB-zoned lot provides compelling value-add potential, with the opportunity to further subdivide the parcel and develop an additional two-family residence (subject to buyer verification and City approvals). Significant capital improvements have already been completed at the property including new siding, fencing, roof (2019), replacement windows, furnace, oil tank, water heater (2020), upgraded 220-amp electrical service, bulkhead (2025), Nest thermostat, and new pool filtration system (2024). Conveniently located less than one mile from Route 1 with easy access to Boston, Logan Airport, Revere Beach, shopping, dining, and public transportation, this property is ideally suited for developers, investors, or owner-occupants seeking long-term appreciation. Whether restoring the existing estate, adding an ADU, pursuing subdivision, or maximizing redevelopment potential, opportunities of this caliber are exceptionally rare.
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Highlights
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1860
- Parking Spots: 10
- Property Type: Multi Family
- Total Rooms: 12
- Status: Active
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Additional Details
- Basement: Full
- Exterior Features: Rain Gutters, Professional Landscaping, Fruit Trees, Garden
- Foundation: Block
- Road Frontage Type: Public, Private Road
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Rb
- Construction: Frame
- Fireplaces: 1
- Lot Features: Cul-De-Sac, Easements, Level
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station
- Pool Features: In Ground
- Parking Features: Paved Drive
- Waterfront Features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
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Utilities
- Electric: 220 Volts
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $972,800
- Taxes: $8,696
- Tax Year: 2026
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Bantry Way Brokerage.
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