Active
31 Days on market
481 Humphrey Swampscott — Photo 1 of 42

481 Humphrey Swampscott — Photo 1 of 42

Recent Drop: $50,000

$949,000
$899,000

$899,000

481 Humphrey, Swampscott, MA 01907

Swampscott, MA 01907

Beds

4

Baths

1.5

SqFt

1,736

Style

Single Family

Built

1798

Amazing opportunity to own TWO single family houses on ONE lot...and located just one block from the ocean in Swampscott! Enjoy the fabulous water views and feel the cool ocean breeze just minutes away from your doorway at Swampscott Harbor and Fisherman's Beach. This prime location is also a short walk to Swampscott's coastal downtown, offering a charming mix of restaurants, local shops, everyday conveniences and many green spaces. Both houses are move-in ready! The primary house was thoughtfully refreshed, offering the perfect blend of modern amenities, timeless classic style with touches of old world charm that includes original wood floors, pocket doors, an ornate tin ceiling and custom storage cabinets and shelves. The kitchen is equipped with new stainless steel appliances, countertops and a custom built entrance storage area. The guest bathroom on the first floor was also recently remodeled and a kitchen pantry was added. The second floor full bathroom sparkles after it was renovated and fitted with a deep tub, glass shower enclosure and modern fixtures. The third floor was finished and houses the fourth bedroom with adjoining office or den. The second house was significantly rebuilt 20 years ago with an open concept eat-in kitchen and living room area, a 3/4 bathroom and full size stackable washer and dryer on the first floor. A large loft is on the second floor. The loft is the perfect location for a private and cozy sleeping area. This two house property presents multiple living and investment options. It's an ideal property for an owner occupant needing additional space for extended family, an owner occupant seeking rental income or an investor looking solely for an income-producing investment property. Whether you're looking for a multi-generational family home, a coastal retreat or a solid rental investment, this property offers extraordinary flexibility and a good value!

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$518/sqft
Local Avg (Swampscott)$470/sqft
10% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Swampscott, MA.

Property Details

Financials

Original Price$949,000
Annual Taxes$9,158.41

Parking

Garage0
Off-Street10

Interior Specifications

Total Rooms7
FireplacesNone
FlooringWood, Vinyl
BasementFull, Interior Entry, Concrete, Unfinished

Climate & Utilities

HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone, Irregular
ZoningN/A

Property & Lot

Acres0.14
SqFt Lot6,190
Lot FeaturesFlood Plain, Level

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Public School • Sidewalks

Geography

Property History

Price Drop
$899,000

Was $949,000

Aug 17, 2026

MLS® 73561157

Listed
$949,000

Aug 9, 2026

MLS® 73561157

Listed
$899,000

Aug 6, 2026

MLS® 73559992

Population

15,277

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$134K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

24.1%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '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: 868 sq ft (the lesser of 900 sq ft or half the 1,736 sq ft principal dwelling). Lot size: 6,190 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 Provided By

Listing Agent: Ellen Zumbado

Listing Office: Marsh Properties, Inc.

MLS® Number: 73561157

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