Named after the former Richard Fay's Estate, Fay’s Estate is a residential community in the coastal city of Lynn, a place known for its manufacturing roots. Today, Lynn attracts homebuyers for its relatively more affordable housing and accessibility to the Boston Metropolis.
Fay’s Estate is mainly comprised of single-story cottages, Cape Cods and ranch styles as well as two-story Colonial Revivals and raised ranches. Primarily built in the late 1800s to mid-1950s, single-family homes with three or four bedrooms usually list between $450,000 and $950,000. Residential streets can be narrow and rustic, with trees sporadically lined against the sidewalks. Properties in designated flood zones may be required to purchase flood insurance.
The Lynn Woods Reservation has over 2,200 acres of forested woodlands, a popular cave named Dungeon Rock, several gardens and over 30 miles of trails for recreational horseback riding, hiking and mountain biking. “It’s a nice area for people to go for walks with their dogs, run or walk, and to get away from life,” says Albert DiVirgilio, a local broker at RE/MAX 360 and whose father, also named Albert, was mayor of Lynn in the 1980s. Manning Field and Fraiser Field sit adjacent to each other and are popular for sports games and practices. Folks can take their dogs to Barkland Avenue Dog Park, and the neighborhood is about 5 miles away from Nahant Bay, which is popular for water activities such as boating or swimming.
While the neighborhood is car-dependent, there are several Massachusetts Bay Transportation Authority bus stops on Western Ave and Fays Ave. The city also has a commuter rail station at Lynn Interim, and commuters can take the Newburyport/Rockport Line for direct access to Boston. Those who drive can take Massachusetts State Route 1A or Interstate 93 to get to downtown Boston or the Boston Logan International Airport, which are about 12 to 13 miles south of Lynn. Salem Hospital is slightly up north in Salem. The neighborhood also has a crime score of 2 out of 10, which is below the national average score of 4.
Young students may attend Aborn Elementary School, which is rated C-plus by Niche. Pickering Middle School and Lynn English High School both score a C. English High partners with Salem State University and North Shore Community College to provide students with early college courses.
Popular restaurants around Lynn include Lynnapesaukee Four Winds Pub & Grill, which is known for its wood-fired gastropub fare, and Nightshade Noodle Bar, a trendy fusion eatery serving French and Vietnamese cuisine. Stop & Shop is located along Washington Street. Walmart, Target and Market Basket are in Salem, a town about 2 miles northeast of the neighborhood.
The Lynn Arts & Culture Festival features live music, arts and crafts and food and is held in multiple locations around the downtown trolley stops. Additional events include the Youth Pride event and the annual Juneteenth Celebration. In the summertime, the Lynn Carnival comes to the city and has amusement rides, games and food concessions.
Juan Lopera-Martinez
eXp Realty
(339) 338-4961
85 Total Sales
1 in Fays Estate
$630,000 Price
Bobbie Botticelli
Colonial Manor Realty
(781) 512-7856
70 Total Sales
1 in Fays Estate
$622,000 Price
Yessenia Alvarado
Coldwell Banker Realty - Marblehead
(339) 204-5625
128 Total Sales
1 in Fays Estate
$825,000 Price
Team Lillian Montalto
Lillian Montalto Signature Properties
(978) 788-1807
1,017 Total Sales
1 in Fays Estate
$500,000 Price
Elba Rojas
Boston Realty Services and Partners, LLC
(857) 773-1800
50 Total Sales
2 in Fays Estate
$724K - $770K Price Range
Julie Tsakirgis
RE/MAX Property Shoppe, Inc.
(781) 776-5137
123 Total Sales
1 in Fays Estate
$639,888 Price
| 1 - Low Crime, 10 - High Crime | Fays Estate | US |
|---|---|---|
| Homicide | 2 | 4 |
| Sexual Assault | 1 | 4 |
| Assault with Weapon | 2 | 4 |
| Robbery | 3 | 4 |
| Burglary | 2 | 4 |
| Motor Vehicle Theft | 1 | 4 |
| Larceny | 1 | 4 |
| Crime Score | 1 | 4 |
Source: WhatIsMyCrimeRisk.com
On average, homes in Fays Estate, Lynn sell after 15 days on the market compared to the national average of 57 days. The median sale price for homes in Fays Estate, Lynn over the last 12 months is $640,000, down 5% from the median home sale price over the previous 12 months.
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A pondside residential neighborhood with nearby parks and dining
Historic homes and close-knit neighbors just minutes north of Boston
Relatively affordable suburban living in north Lynn
Where tradition meets diversity at every corner
Classic New England homes and strong local pride just minutes north of Boston
Blue-collar commuting neighborhood north of Boston
