THE GOODS: Nearby Revere Beach may hold claim to being America's oldest public beach, but Swampscott makes a claim on being the country's first beach resort community. Indeed, Lynn was once the dividing line between the working class, public beach in Revere and the private beaches favored by the wealthy who flocked to Swampscott in the summer months. Swampscott's heady days of being the play place for the rich are long gone, and it has since evolved into a quiet, residential community. The history of affluence, however, is evident in the town's architecture, housing stock and planning. A commuter rail station eases what can be a tedious commute into the city, and Rt. 128 is nearby for suburban workers.
PROS: A Swampscott address is as nearly as desirable as other upscale North Shore communities, but comes at a tad more affordable price. One reason is the town has resisted the building booms that have puffed up other communities with McMansions, which can drive up overall housing prices, as well as apartment complexes and other developments. That means Swampscott has a preservation of older homes. The shoreline offers the kind of spectacular manses that can give even the hard-hearted house envy. Inland is a mix of styles and sizes of housing in good shape.
Cons: Property taxes are relatively high in spite of the older housing stock, possibly due to little commercial development.