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.
Details
| MLS # | 73564410 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1860 |
| Days On Site | 43 |
| Listing Provided By | Bantry Way Brokerage LLC | Christine Cannon Coughlin |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,931 |
| Basement | Y |
| Pool | Yes |
| Story(s) | 4 |
| Units | 2 |
| Zoning | RB |
| Acreage | 0.56 |
| Water Front | Yes |
Interior
| Rooms Total | 12 |
|---|---|
| Fireplaces Total | 1 |
| Fireplace Yes / No | Yes |
Exterior
| Exterior Features | Rain Gutters, Professional Landscaping, Fruit Trees, Garden |
|---|---|
| Roof | Shingle |
| Construction Materials | Frame |
| Foundation Details | Block |
| Lot Features | Cul-De-Sac, Easements, Level |
| Fencing | Fenced |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Paved Drive |
| Open Parking Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|---|
| Electric | 220 Volts |
Taxes
| Tax Annual Amount | 8696 |
|---|---|
| Tax Assessed Value | 972800 |
| Tax Year | 2026 |
Location
| Community Features | Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Suffolk |
| City | Revere |
| Zip Code | 02151 |
| Area | Suffolk |
| School District | Revere High School |
| Elementary School | Whelan Elementary School |
| High School | Revere High School |
| Listing VS Median (in 02151) | |
Price: $2,150,000 low | high Med: $414,900 sqft: 2,931 low | high Med: 950 $ / sqft: $734 low | high Med: $437 On site: 43 low | high Med: 173 | |
Market Activity 02151
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Learn More About This Property
| State | MA |
|---|---|
| County | Suffolk |
| City | Revere |
| Zip Code | 02151 |
| Area | Suffolk |
| School District | Revere High School |
| Elementary School | Whelan Elementary School |
| High School | Revere High School |
| Listing VS Median (in 02151) | |
Price: $2,150,000 low | high Med: $414,900 sqft: 2,931 low | high Med: 950 $ / sqft: $734 low | high Med: $437 On site: 43 low | high Med: 173 | |
 | $2,150,000133 Cushman AveRevere, MA 02151 |
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