Iconic Malt Hill, a 27-acre estate in Beverly Farms with private beach, is on the market for the first time in 50 years. One of a few intact summer estates from the late 1800’s era of Hale Street “cottages”, Malt Hill is an exceptionally private compound that includes a primary residence with unparalleled ocean views, a carriage house with three residential units, 3.8 acres of private beach, a delightful “oyster camp” overlooking an oyster farm on the tidal marsh, a gunite swimming pool, tennis court and pond. The exterior of the 3-story main residence is grand and memorable, with a warm stucco facade, slate roof, widow’s walk, and tall chimneys, while inside the home’s rich architectural details recall its “Gold Coast” origin with fireplaces in every room, a great room off the foyer, and an oval dining room with carved oval wood panels outlined in gold leaf. Truly a tour de force that awaits new owners and new life, just minutes from commuter rail and route 128 to Boston.

Property Details

Price:
$12,000,000
MLS #:
73254994
Status:
Active
Beds:
6
Baths:
7
Address:
965-973 Hale Street
Type:
Single Family
Subtype:
Single Family Residence
City:
Beverly
Listed Date:
Jun 20, 2024
State:
MA
Finished Sq Ft:
11,070
ZIP:
01915
Lot Size:
1,186,138 sqft / 27.23 acres (approx)
Year Built:
1880

Schools

Interior

Appliances
Water Heater, Range, Oven, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Washer, Dryer
Bathrooms
6 Full Bathrooms, 2 Half Bathrooms
Cooling
Heat Pump
Fireplaces Total
7
Flooring
Tile, Carpet, Hardwood, Stone / Slate, Flooring – Hardwood, Flooring – Marble
Heating
Natural Gas, Fireplace
Laundry Features
Flooring – Hardwood, Second Floor, Washer Hookup

Exterior

Architectural Style
Contemporary
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/ Jog Trails, Stable(s), Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School, T- Station, University
Construction Materials
Frame, Brick, Stone
Exterior Features
Porch, Porch – Enclosed, Deck – Roof, Deck – Wood, Patio, Balcony, Pool – Inground, Tennis Court(s), Rain Gutters, Hot Tub/ Spa, Storage, Sprinkler System, Screens, Garden, Guest House
Other Structures
Guest House
Parking Features
Paved Drive, Off Street, Driveway, Paved
Parking Spots
12
Roof
Slate, Rubber

Financial

Buyer Agent Compensation
2%
Tax Year
2024
Taxes
$58,293

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

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965-973 Hale Street
Beverly, MA