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18 Ocean Terrace Unit 2, Salem, MA

Salem · MA 01970

$665,000
Price
2
Beds
2
Baths
1505
Sq. ft.

Overview

Property type: Condominium
HOA: HOA: $261
HOA Fees Include
Water, Sewer, Master Insurance, Exterior Maintenance, Extra Storage, Reserve Funds
Special Assessment
No
Floor: 2nd floor
Pets: Pets (Restrictions)
Parking: 1 Garage Space · 2 Off Street Spaces
Heating & cooling: Heat, Gas, AC
Laundry: In Unit Laundry
Views: Harbor, Ocean Views

About this home

This enchanting 1505 sq ft, two-bedroom condo captures the essence of coastal living with sweeping harbor vistas and nestled in one of Salem's most desirable neighborhoods. Fully renovated in 2014, the residence gracefully blends period character with modern comfort. The open-concept kitchen features stainless steel appliances, elegant granite countertops, and thoughtfully designed custom cabinetry. Two full bathrooms showcase ceramic tile and refined finishes. The generous main bedroom includes a walk-in closet, while original architectural details throughout whisper of the home's heritage. Curl up by the wood-burning fireplace on crisp evenings, or wake up to step out onto the expansive balcony to take in the sunrise over the harbor and breathe in the ocean air. The private patio invites outdoor gatherings and deeded garage offers street level storage. Steps from Forest River Park's picturesque trails, beaches, and boat access, and yet still close to the rest of Salem's amenities.

Neighborhood & Transit

18 Ocean Terrace, Salem · MA 01970

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:
196 days
Listing Price:
$659,900
Price per Sq.Ft:
$438
Tax Assessment:
$581,500 in 2025
Taxes:
$550 / Monthly
HOA Fee:
$261

Home Facts

Where is the Unit in the building?

Unit Placement
2nd
Views
Waterview
Elevator
Unknown
Handicap Access
Unknown

Interior Features

Bedrooms
2
Full Bathrooms
2
Half Bathrooms
0
Living Area
1,505 Sq.Ft
Broker Disclosure about Living Area
Measurements are approximate, buyers to do their own due diligence
Kitchen
Floor 2, Open Floor Plan, Gas Stove, Kitchen Island, Stone Countertops, Flooring - Wood, Dishwasher, Range, Garbage Disposal, Refrigerator, Washer, Dryer
Primary Bedroom
Floor 2, Walk-in Closet, Ceiling Fan(s), Flooring - Wood
Laundry
In Unit, Floor 2
Living levels
1
Rooms
5
Above grade area
1505
Flooring
Wood
Lead paint
Unknown

Utilities

Heating Type
Forced Air, Gas
Heating Zone
Unknown
Cooling
Central Air
Cooling Zones
1
Water
City/Town Water
Sewer
City/Town Sewer
Electric Features
Unknown

Exterior Features

Outdoor Space
Unknown
Features
Unknown

Parking

Garage Parking
1 Parking Space, Detached
Off Street Parking
2 Parking Spaces, Off-Street, Deeded

Home Owner Association information

Restrictions
Unknown
HOA
$261
HOA Includes
Water, Sewer, Master Insurance, Exterior Maintenance, Extra Storage, Reserve Funds
Special Assessment
No
Pets allowed
Yes w/ Restrictions
Pet restrictions
Other (See Remarks)

Room details

Living room level
Second Floor
Living room dimensions
13'10X18'4
Living room features
Fireplace, Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Wood
Dining room level
Second Floor
Dining room dimensions
16'6X10'10
Dining room features
Flooring - Wood, Balcony / Deck, French Doors
Family room level
Second Floor
Family room dimensions
12'0X11'11
Family room features
Flooring - Wood
Kitchen dimensions
13'0X12'2
Primary bedroom dimensions
12'9X14'3
Bedroom 2 level
Second Floor
Bedroom 2 dimensions
13'10X14'0
Bedroom 2 features
Closet, Flooring - Wood
Bathroom 1 level
Second Floor
Bathroom 1 dimensions
12'9X5'4
Bathroom 1 features
Bathroom - Full, Bathroom - With Tub & Shower
Bathroom 2 level
Second Floor
Bathroom 2 dimensions
12'2X10'6
Bathroom 2 features
Bathroom - Full, Bathroom - Tiled With Shower Stall, Dryer Hookup - Electric, Washer Hookup

Listing information

Listing agent
Elizabeth Beaver
Listing office
Leading Edge Real Estate
MLS PIN #
73495114
Disclosure
Measurements are approximate, buyers to do their own due diligence