370 Summer Street Manchester — Photo 1 of 39
Recent Drop: $1,000,000
$6,900,000
Investment Analysis — 370 Summer Street
Manchester, MA 01944 — Kettle Cove Village
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 01944 carries an estimated $3,520/mo in gross rent — about a -0.01% cap rate and $-921/yr in estimated NOI at the $6,900,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
4.5
SqFt
4,925
Style
Single Family
Built
2004
Set 150 feet above sea level on nearly 13 acres in one of Manchester-by-the-Sea’s most coveted locations, 370 Summer Street offers a rare opportunity to own an extraordinary North Shore estate. Reached by a long private drive, the property commands sweeping views of Kettle Cove and Crow Island. Designed by Marcus Gleysteen of MGA with interiors by Lena Fransioli of Zoe Design, the home blends organic modern architecture with timeless craftsmanship. Stone, wood, and metal leaf finishes include a striking copper leaf wall, live-edge maple stairs, bubinga paneling, and a stainless steel freestanding fireplace beneath arched ceilings soaring to 23 feet. Abutting Hooper Trask Conservation Pasture, the estate enjoys access to 2,000+ acres of protected land, trails, beaches, the harbor, village center, top-ranked schools, and the commuter rail.
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 4,925 sq ft principal dwelling). Lot size: 557,267 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Oven • Dishwasher • Range • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First24.333333333 x 31.666666666
Bathroom - Half, Skylight, Cathedral Ceiling(s), Flooring - Hardwood, Window(s) - Picture, Deck - Exterior, Exterior Access, Open Floorplan, Lighting - Sconce, Lighting - Overhead
Dining Room
Lvl Main,First11.25 x 15.5
Flooring - Hardwood, Window(s) - Picture, Deck - Exterior, Exterior Access, Recessed Lighting
Kitchen
Lvl Main,First14.916666666 x 19.916666666
Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Lighting - Pendant
Family Room
Lvl Main,First91.5 x 16.666666666
Cathedral Ceiling(s), Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Window(s) - Picture, Cable Hookup, Exterior Access, Lighting - Overhead
Master Bedroom
Lvl Second19.083333333 x 14.25
Bathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Balcony - Exterior, Cable Hookup, Exterior Access, Recessed Lighting
Bedroom 2
Lvl First20 x 14.416666666
Bedroom 3
Lvl Second16.416666666 x 13.166666666
Closet, Flooring - Hardwood, Window(s) - Picture, Cable Hookup, Recessed Lighting, Lighting - Overhead
Bedroom 4
Lvl Second15.166666666 x 16.833333333
Closet, Flooring - Hardwood, Window(s) - Picture, Cable Hookup, Recessed Lighting, Lighting - Overhead
Bedroom 5
Lvl Basement19.75 x 17.75
Bathroom - Full, Closet, Flooring - Wall to Wall Carpet, Window(s) - Picture, Exterior Access, Lighting - Overhead
Bathroom 1
Lvl First5.333333333 x 8.75
Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Lighting - Sconce
Bathroom 2
Lvl First9.25 x 7.75
Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet/Cabinets - Custom Built, Window(s) - Picture, Countertops - Stone/Granite/Solid, Recessed Lighting, Lighting - Sconce
Bathroom 3
Lvl Second10.166666666 x 16.916666666
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Window(s) - Picture, Countertops - Stone/Granite/Solid, Double Vanity, Recessed Lighting, Lighting - Sconce
Property History
$14,500
Aug 22, 2026
MLS® 73566964
$6,900,000
Was $7,900,000
Aug 20, 2026
MLS® 73542564
$7,900,000
Jun 26, 2026
MLS® 73542564
$9,000,000
Feb 13, 2025
MLS® 73215558
$9,000,000
Mar 22, 2024
MLS® 73215558
Listing Agent: Amanda Armstrong Group
Listing Office: Compass
MLS® Number: 73542564
