Beverly Homes under $500,000

Welcome to Beverly, Massachusetts – a charming coastal city nestled in Essex County, where history meets modern living. Known for its picturesque waterfront, vibrant community, and rich heritage, Beverly is a delightful place to call home. With its stunning beaches, lush parks, and a bustling downtown area filled with shops and restaurants, Beverly offers an ideal blend of relaxation and activity for residents of all ages.

For those seeking affordable housing options, Beverly presents an exciting opportunity with homes available for under $500,000. These properties provide a perfect entry point into the real estate market, allowing you to enjoy the city's many amenities without breaking the bank. Imagine waking up in a cozy home that is just a short stroll from the serene shores of Beverly Harbor or the lively atmosphere of Cabot Street, where you can indulge in local eateries and boutique shopping.

Beverly is not only rich in recreational activities but also boasts excellent schools, making it an ideal choice for families. The city is well-connected to the greater Boston area via public transportation, ensuring that commuting to work or exploring the vibrant cultural scene of the nearby cities is a breeze.

Whether you’re a first-time homebuyer, a growing family, or looking to downsize, Beverly offers a diverse range of homes that cater to various lifestyles and budgets. Embrace the opportunity to live in this enchanting city, where every day feels like a vacation. Discover your dream home in Beverly today!

Newest Beverly Homes under $500,000

$369,000

2 Beds ⋅ 1 Baths ⋅ 73580987 MLS ⋅ ['Dunham Castle'] BLDG.

**Seller offering a $5,000 closing credit to use toward closing costs, a rate buydown, condo fees, or other buyer expenses** Move right in to this spacious, garden-style 2-bedroom condo offering over 1,000 sq ft of single-level living. This well laid out unit features a bright living area, central air, newer hardwood and tile flooring throughout, and an updated kitchen with island, cabinets, and countertops completed in 2021. New roof, siding and windows, plus in-building laundry, common outdoor area, 1 parking space, and two dedicated storage units. Conveniently located near beaches, parks, schools, multiple commuter rail stations, downtown, the waterfront, shopping, dining, Whole Foods, and the new North Shore Crossing retail center.

38 Dunham Rd Unit 204, Beverly

$340,000

1 Beds ⋅ 1 Baths ⋅ 73578762 MLS ⋅ ['The Gateway Condominium'] BLDG.

Welcome to this beautifully renovated 5th-floor condo in Beverly! Completely updated with a fresh, modern feel, this sunny unit features luxury vinyl flooring throughout with Central Air, quartz countertops in the kitchen, and a gorgeous walk-in shower - All New! Natural light fills the space, creating a bright and inviting home where you and your plants will feel right at home. The bedroom offers a large closet for easy organization, and in-unit laundry adds everyday convenience. Pet friendly, see rules: One dog or Two Cats or One Dog & One Cat. Located in a great complex with a pool and a short distance of Beverly’s train, beaches, parks, shopping, restaurants, and downtown amenities. Enjoy all that Beverly has to offer in a home that’s move-in ready and easy to love.

60 Rantoul St. Unit 503N, Beverly

$499,900

4 Beds ⋅ 2 Baths ⋅ 73577464 MLS ⋅ ['13-15 Grant Street Condominium'] BLDG.

Four bedrooms, two full baths, three levels of living, a private backyard, and no monthly condo fee, all with the space and privacy of a single-family home in a central Beverly location. The first floor features an open-concept living and dining area, along with a spacious kitchen that leads to the deck and private backyard. Upstairs, three generously sized bedrooms and a full bathroom make up the second floor. The newly completed third-floor suite offers flexible additional living space with a kitchenette, full bathroom, and mini-split heating and air conditioning perfect for guests, a home office, recreation room, or private retreat. Other recent improvements include a new roof and new hot-water heaters, also completed in 2025. With no monthly condo fee, owners simply share the cost of the master insurance policy and water bill.

15 Grant Unit 15, Beverly

$489,900

2 Beds ⋅ 2 Baths ⋅ 73570692 MLS ⋅ ['251 Rantoul Condominiums'] BLDG.

Move-in ready 2 bedroom, 2 full bathroom condominium in the heart of downtown Beverly, just steps from the Beverly Depot commuter rail and a short ride to North Station. Hardwood floors run throughout the open living space. The kitchen is finished with white shaker cabinets, white quartz countertops, and a clean, modern layout built for everyday living and entertaining. Two full bathrooms give this unit a rare advantage over most Rantoul Street condos near the train. Live walkable: Cabot Street restaurants and shops, The Cabot Theatre, Independence Park, Dane Street Beach, and Route 128 access are all close. Ideal for the Boston commuter, first-time buyer, or North Shore professional who wants lock-and-leave living without giving up two bedrooms and two baths. An assigned parking spot in the driveway behind the house adds convenience. Convenient downtown Beverly location. Don’t miss this Rantoul Street condo near the train station. Photos are virtually staged, unit is vacant.

251 Rantoul St Unit 1, Beverly

$479,000

2 Beds ⋅ 2 Baths ⋅ 73568336 MLS

** CHECK OUT THE DIGITAL AI PHOTOS JUST ADDED TO SEE PROPERTY'S POTENTIAL UPDATES ** Enjoy the best of Beverly Cove living in this charming townhouse-style home with the space, privacy, and outdoor enjoyment of a single-family property. Set within a two-unit duplex, this home has been lovingly enjoyed by the current owners for over 20 years. The main level features a comfortable living area, kitchen, dining area and half bath, while upstairs offers two bedrooms and full bath, plus a versatile bonus room—perfect for a home office, nursery, guest space, or additional sleeping area. A separate basement provides excellent storage and utility space. Enjoy your own private patio and shed, along with a beautiful shared yard, ideal for relaxing, entertaining, gardening, or enjoying the outdoors. Additional highlights include a newer heating system and water heater. Three tandem parking off-street spaces. Conveniently located near the water, parks, schools, restaurants, shopping, and all that downtown Beverly has to offer. A unique opportunity to enjoy the feel and privacy of a single-family home with the convenience of townhouse living in one of Beverly’s most desirable neighborhoods.

7 Lawrence St Unit B, Beverly

$419,000

2 Beds ⋅ 1 Baths ⋅ 73567975 MLS

Exclusive-use fenced yard, deck & patio • 1-car garage parking • Downtown Beverly near Beverly Depot, restaurants & entertainment. This pet-friendly 2-bedroom condo offers 976 sq. ft. of living space plus a rare combination of private outdoor space, garage parking and storage in the heart of Downtown Beverly. The exclusive-use fenced yard extends the living space outdoors with a deck, patio, landscaped garden area and exclusive-use storage shed. Inside, the living room features wood floors, while the skylit kitchen offers abundant cabinetry. A separate dining room includes two closets, and in-unit laundry plus pantry/storage add everyday function. Leave the car in the garage: Beverly Depot MBTA Commuter Rail, coffee shops, restaurants, live entertainment and theaters are all nearby. Larcom Theatre and Off Cabot are on Wallis Street, with The Cabot and the Cabot Street dining and entertainment district nearby. Dane Street Beach and Beverly’s waterfront add another dimension to this downtown location. Includes floor plan and video tour. Pet-friendly. A Downtown Beverly condo combining exclusive-use fenced yard, deck, patio and shed with garage parking, commuter rail access, dining, coffee, entertainment and coastal amenities.

26 Wallis Street Unit 1, Beverly

$499,000

2 Beds ⋅ 1 Baths ⋅ 73564971 MLS ⋅ ['The Woodbury Tailor Estates Condominium'] BLDG.

A rare opportunity in the heart of Beverly Cove, just blocks from the ocean, Lynch Park and area beaches. Set on beautifully landscaped grounds with mature plantings and an in-ground pool, this charming 2-bedroom condo offers an exceptional coastal lifestyle while preserving the character of a historic 1712 home. A private entrance and first-floor mudroom create a sense of separation and privacy rarely found in condominium living. Upstairs, the residence unfolds entirely on one level, filled with natural light. Thoughtfully updated by the current owner, the interior features a remodeled kitchen, renovated full bath with tub and fresh interior paint. Hardwood floors, exposed beams and a fireplace bring warmth and character throughout. The residence offers a generous primary bedroom, second bedroom, in-unit laundry and private covered outdoor balcony, where peaceful views of the pool and gardens make the setting feel like a private retreat.. Outside is where this property truly stands apart. Enjoy beautifully maintained grounds, gardens and the association’s in-ground pool, all in a residential setting moments from the coast. Spend summer days at the pool or nearby Lynch Park and beaches, while downtown Beverly’s restaurants, shops and commuter rail are just minutes away. Coastal location, historic character, modern updates and a pool, an uncommon combination in one of Beverly’s most desirable neighborhoods. Option to convey fully furnished, offering an easy turn key opportunity.

141 Hale St Unit 2, Beverly

$390,000

2 Beds ⋅ 1 Baths ⋅ 73559979 MLS ⋅ ['372 Cabot St Condominium'] BLDG.

Charming 2-Bedroom Condo in Prime Downtown Beverly – Unit 1. Welcome to this spacious and light-filled 2-bedroom condominium in the heart of vibrant downtown Beverly. Offering an unbeatable location, this home is just steps from the commuter rail, major highways, beaches, waterfront, restaurants, theaters, and boutique shops.This bright residence features a flexible floor plan highlighted by high coffered ceilings, oversized windows, and beautiful hardwood floors. The generous eat-in kitchen offers space ideal for a pantry, in-unit laundry, or a future half bath. A separate formal dining room provides versatility as a home office or den.Both bedrooms are generously sized with excellent closet space, including a walk-in closet in the primary bedroom. Additional features include: Basement storage,Large fenced shared backyard, 2 deeded off street parking spots, Pet Friendly. This exceptional condo combines classic character with modern convenience in one of Beverly’s most desirable area.

372 Cabot St Unit 1, Beverly

$469,900

2 Beds ⋅ 2 Baths ⋅ 73559301 MLS ⋅ ['Montserrat Condominium'] BLDG.

Montserrat Condominiums is convenient to downtown, train, highway and Whole Foods and of course Beverly's world famous Gold Coast. This fabulous two bedroom condo in attractive brick building with elevator is in the heart of Beverly and has spacious living/dining room with hardwood floors leading to your own private balcony. The well appointed kitchen features cherry cabinets, stainless steel appliances and handsome granite countertops. The spacious bedrooms include the master with ensuite bathroom. The condominium includes many amenities among which are 2 deeded parking spaces and community meeting room, as well as wonderful theater for maximum cinema experience.. Make Beverly and Montserrat Condominium your new home.

40 Heather St Unit 314, Beverly

$449,000

3 Beds ⋅ 1 Baths ⋅ 73529007 MLS

Opportunity knocks in Beverly Farms! Set on a sun-filled lot with mature trees and generous yard space, this 3-bedroom, 1-bath home presents a rare opportunity to renovate and build equity in one of Beverly's most desirable seaside neighborhoods. The first floor features a spacious living room with exposed beam ceilings and a French door leading to the patio, a large eat-in kitchen, a first-floor bedroom and full bath, plus flexible living space that can accommodate a formal dining room, home office, or den. Recent improvements, including a new roof, new siding, and updated appliances, provide a strong foundation for future updates. Upstairs, unique nooks and attic spaces offer exciting possibilities for expansion or reconfiguration. Bring your ideas and unlock the potential of this character-filled property, ideally located just minutes from West Beach, village shops, restaurants, and the commuter rail. No out-buildings included in sale.

135 Hart St, Beverly

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