Active
139 Days on market
19 Pheasant Lane Topsfield — Photo 1 of 42

19 Pheasant Lane Topsfield — Photo 1 of 42

$1,785,000

Investment Analysis — 19 Pheasant Lane

Topsfield, MA 01983

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01983 carries an estimated $3,390/mo in gross rent — about a 0.58% cap rate and $10,301/yr in estimated NOI at the $1,785,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

4.5

SqFt

4,818

Style

Single Family

Built

1993

RARE OPPORTUNITY—Discover one of Topsfield’s most distinctive private properties. Tucked away at the end of a quiet cul-de-sac on 8.58 scenic acres, this nearly 5,000-square-foot custom home offers four bedrooms, 4.5 baths and exceptional space for entertaining, relaxing and everyday living.The sun-filled interior features a grand fireplaced family room and an expansive eat-in kitchen with a 9-foot granite island, quartz countertops and oversized windows framing serene views. Two primary suites provide wonderful versatility, each with a walk-in closet. The private third-floor suite is a true sanctuary, complete with a fireplaced living area, spa-like bath and balcony overlooking the picturesque grounds. A main-level home office with an adjoining fireplaced sitting or exercise room adds even more flexibility. The finished walkout lower level includes a wet bar and three-quarter bath, making it ideal for guests or multigenerational living.Outside, enjoy resort-inspired living with multiple decks, a hot tub, fire pits, koi ponds and inviting gathering areas surrounded by beautifully manicured grounds. Car collectors, contractors and hobbyists will appreciate the impressive 56' x 40' detached four-bay garage/workshop with lifts—perfect for vehicles, boats, RVs, equipment or a potential detached ADU. An oversized attached two-car garage provides additional parking and storage.A three-stall barn with a hayloft offers equestrian or hobby-farm possibilities, while private trails and land abutting Willowdale State Forest create an extraordinary connection to nature. All this privacy is conveniently located just minutes from I-95, schools, beautiful beaches, and wonderful local shops and restaurants.

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: 900 sq ft (the lesser of 900 sq ft or half the 4,818 sq ft principal dwelling). Lot size: 373,744 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.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Immersive Experience

Property Details

Financials

Original Price$2,150,000
Annual Taxes$20,616

Parking

Garage6
Off-Street26

Interior Specifications

Total Rooms14
Fireplaces3
FlooringTile, Carpet, Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Wood, Flooring - Hardwood
BasementFull, Finished, Walk-Out Access, Interior Entry, Garage Access

Climate & Utilities

HeatingBaseboard, Oil, Fireplace
CoolingCentral Air, Ductless
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningORA

Property & Lot

Acres8.58
SqFt Lot373,744
Lot FeaturesCul-De-Sac

Amenities & Appliances

Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer • Wine Refrigerator

Neighborhood

Shopping • Park • Walk/Jog Trails • Golf • Bike Path • Conservation Area

Geography

Floorplan Breakdown

Structural Layout

Third
Primary Bedroom
Second
Bedroom 2Bedroom 3Bedroom 4Bedroom 5Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenOfficeFamily RoomBathroom 1
Living Room
Lvl First

14 x 10

Flooring - Hardwood

Dining Room
Lvl First

14 x 12

Flooring - Hardwood

Kitchen
Lvl First

24 x 26

Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Stainless Steel Appliances, Wine Chiller

Office
Lvl First

14 x 9

Ceiling Fan(s), Flooring - Hardwood, Pocket Door

Family Room
Lvl First

21 x 23

Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Hardwood, Balcony - Exterior, Recessed Lighting

Primary Bedroom
Lvl Third

13 x 26

Bathroom - Full, Bathroom - Double Vanity/Sink, Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood, Balcony / Deck, Exterior Access, Recessed Lighting, Window Seat

Bedroom 2
Lvl Second

18 x 12

Bedroom 3
Lvl Second

14 x 15

Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood, Flooring - Stone/Ceramic Tile

Bedroom 4
Lvl Second

13 x 13

Ceiling Fan(s), Flooring - Hardwood

Bedroom 5
Lvl Second

10 x 11

Flooring - Wall to Wall Carpet, Dressing Room, Closet - Double

Bathroom 1
Lvl First

4 x 5

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

8 x 9

Bathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

9 x 7

Bathroom - Full, Flooring - Stone/Ceramic Tile

Property History

Price Increase
$1,785,000

Was $1,750,000

Aug 18, 2026

MLS® 73511955

Price Drop
$1,750,000

Was $1,950,000

Aug 18, 2026

MLS® 73511955

Price Drop
$1,950,000

Was $2,150,000

Jun 5, 2026

MLS® 73511955

Listed
$2,150,000

May 4, 2026

MLS® 73511955

Listing Provided By

Listing Agent: Heather Machiagore

Listing Office: KSRJ - Signature Realty Group

MLS® Number: 73511955