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1 Drake Way Unit 16, Peabody, MA

Peabody · MA 01960

$555,000
Price
3
Beds
2.5
Baths
1620
Sq. ft.

Overview

Property type: Condominium
HOA: HOA: $447 / mo
HOA Fees Include
Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Flood Insurance, Management Fee
Special Assessment
No
Floor: 1st floor
Pets: Unknown
Parking: 1 Garage Space · 1 Off Street Space
Heating & cooling: Heat, AC
Laundry: In Unit Laundry
Outdoor space: Common Outdoor
Views: Pond Views

About this home

Move-in Ready. Fantastic well-maintained 3 Bedroom multi-level townhouse with spectacular water views! The first level has attached 1-car garage and basement storage/utilities space plus a Foyer/Mudroom. On the 2nd level, you will find a spacious open-concept floor plan that seamlessly connects the modern kitchen with center island to dining space and a sun-drenched living room. Gleaming hardwood floors throughout this level. Layout is perfect for entertaining or relaxing with family. A private balcony off the living room allows you to gaze upon the beautiful outdoor space. You can relax and watch the ducks on nearby Crowninshield Pond! A half bath completes this floor. The 3rd level boasts 2 large bedrooms, laundry, and a Full Bath. When you go up to the top 4th level, be prepared for a huge front to back primary suite with a full bath and a walk-in closet. Built in 2006, Drake Crossing is a pet-friendly complex & homeowners rarely move out, so act quickly to grab this rare find.

Neighborhood & Transit

1 Drake Way, Peabody · MA 01960

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
650 days
Listing Price:
$564,900
Price per Sq.Ft:
$349
Tax Assessment:
$498,100 in 2025
Taxes:
$384 / Monthly
HOA Fee:
$447 / Monthly

Home Facts

Where is the Unit in the building?

Unit Placement
1st | Upper, Middle, Walkout
Views
Waterview, Waterfront
Elevator
No
Handicap Access
No

Interior Features

Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,620 Sq.Ft
Broker Disclosure about Living Area
Buyer & Buyer Agent due diligence. Floor Plans/layout provided for informational purposes only.
Kitchen
Floor 2, Open Floor Plan, Stone Countertops, Flooring - Hardwood, Dishwasher, Range, Garbage Disposal, Microwave, Refrigerator, Washer, Dryer
Primary Bedroom
Floor 4, Walk-in Closet, Ceiling Fan(s), Flooring - Wall to Wall Carpet, En-suite bathroom
Laundry
In Unit, Floor 3
Living levels
4
Rooms
5
Above grade area
1620
Flooring
Tile, Wall to Wall Carpet, Hardwood
Lead paint
None

Utilities

Heating Type
Forced Air
Heating Zone
2
Cooling
Central Air
Cooling Zones
2
Water
City/Town Water
Sewer
City/Town Sewer
Electric Features
110 Volts, 220 Volts, Circuit Breakers

Exterior Features

Outdoor Space
Yes - Common
Features
Deck - Wood, Balcony, Professional Landscaping

Parking

Garage Parking
1 Parking Space, Under, Side Entry, Storage, Garage Door Opener
Off Street Parking
1 Parking Space, Off-Street, Tandem, Assigned, Deeded, Guest, Paved Driveway

Home Owner Association information

Restrictions
Unknown
HOA
$447 / Monthly
HOA Includes
Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Flood Insurance, Management Fee
Special Assessment
No

Room details

Living room level
Second Floor
Living room dimensions
14'4X13'5
Living room features
Flooring - Hardwood, Open Floor Plan
Dining room level
Second Floor
Dining room dimensions
10'8X7'10
Dining room features
Flooring - Hardwood, Open Floor Plan
Kitchen dimensions
14'4X11'4
Primary bedroom dimensions
20'7X10'8
Bedroom 2 level
Third Floor
Bedroom 2 dimensions
12'1X9'9
Bedroom 2 features
Ceiling Fan(s), Flooring - Wall to Wall Carpet
Bedroom 3 level
Third Floor
Bedroom 3 dimensions
14'4X9'7
Bedroom 3 features
Ceiling Fan(s), Flooring - Wall to Wall Carpet
Bathroom 1 level
Second Floor
Bathroom 1 dimensions
4'9X4'8
Bathroom 1 features
Bathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2 level
Third Floor
Bathroom 2 dimensions
7'4X5'0
Bathroom 2 features
Bathroom - Full
Bathroom 3 level
Fourth Floor
Bathroom 3 dimensions
9'5X5'1
Bathroom 3 features
Bathroom - Full

Listing information

Listing agent
Steven Mango
Listing office
StartPoint Realty
MLS PIN #
73328615
Disclosure
Water/sewer is not common & is billed separately (not part of HOA fee).
Disclosure
Buyer & Buyer Agent due diligence. Floor Plans/layout provided for informational purposes only.