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55 Memorial Dr, Salem, MA

Salem · MA 01970

$1,450,000
Price
3
Beds
3
Baths
2072
Sq. ft.

Overview

Property type: Single Family
Year built: Built in 1949
Lot size: 5,619 Sq.Ft Lot
Price per square foot: $712 / Sq.Ft
Parking: 2 Garage Spaces
Heating & cooling: Heat, Mini-Split, Wood Stove, Electric, Oil, Gas, Active Solar, AC

About this home

Experience the best of waterfront living in one of Salem's most desirable neighborhoods-Collins Cove. Beautifully updated home offers a rare opportunity to enjoy direct water access with a private dock that accommodates a boat, making it easy to explore Beverly/Salem Harbor and the North Shore coastline. The home features two master suites, including a master suite with a private balcony overlooking the ocean. Expansive outdoor decks provide multiple living spaces for dining, relaxing, and enjoying water views. Professionally landscaped grounds create a private outdoor oasis complete with a fire pit, offering the perfect setting for gatherings with family and friends. Just moments from downtown Salem's renowned restaurants, boutiques, museums, commuter rail, and waterfront park, this exceptional Collins Cove residence combines the tranquility of coastal living with the convenience of city amenities. A rare offering where everyday feels like a vacation.

Neighborhood & Transit

Salem Willows

55 Memorial Dr, 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:
72 days
Listing Price:
$1,475,000
Price per Sq.Ft:
$712
Tax Assessment:
$1,109,300 in 2027
Taxes:
$1,031 / Monthly

Home Facts

Interior Features

Bedrooms
3
Full Bathrooms
3
Half Bathrooms
0
Living Area
2,072 Sq.Ft
Broker Disclosure about Living Area
Possible 4th bedroom/flex space on 2nd floor; partially finished basement approx 380 sf;
Kitchen
Main Floor, Open Floor Plan, Gas Stove, Stone Countertops, Flooring - Stone/Ceramic Tile, Dishwasher, Range, Vent Hood, Garbage Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Primary Bedroom
Floor 2, Balcony - Exterior, Double Vanity, Dressing Room, Full Bathroom, Skylight, Cathedral Ceiling, French Doors, Closet, Ceiling Fan(s), Flooring - Hardwood, Balcony / Deck, Cable Hookup, En-suite bathroom
Laundry
Unknown
Living levels
Unknown
Rooms
7
Above grade area
2072
Flooring
Tile, Hardwood
Lead paint
Unknown

Utilities

Heating Type
Ductless Mini-Split System, Wood Stove, Electric Baseboard, Oil, Gas, Unit Control, Active Solar
Heating Zone
5
Cooling
Ductless Mini-Split System, Heat Pump
Cooling Zones
3
Water
City/Town Water
Sewer
City/Town Sewer
Electric Features
200 Amps

Exterior Features

Lot Size
5,619 Sq.Ft
Lot Description
Paved Drive, Fenced/Enclosed, Gentle Slope, Scenic View(s)
Exterior Features
Fruit Trees, Stone Wall, City View(s), Deck - Wood, Deck - Composite, Deck, Patio, Balcony, Gutters, Storage Shed, Professional Landscaping, Sprinkler System, Decorative Lighting, Screens, Fenced Yard

Parking

Garage Parking
2 Parking Spaces, Attached, Insulated, Storage, Work Area, Garage Door Opener
Off Street Parking
None, Off-Street, Improved Driveway, Paved Driveway

Construction Details

Construction Type
Frame
Siding
Clapboard, Wood
Roof
Asphalt/Fiberglass Shingles

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Room details

Living room level
First Floor
Living room features
Fireplace, Flooring - Wood, Cable Hookup, Open Floor Plan, Window Seat
Dining room level
First Floor
Dining room features
Wood / Coal / Pellet Stove, Ceiling - Vaulted, Flooring - Stone/Ceramic Tile, Open Floor Plan
Bedroom 2 level
First Floor
Bedroom 2 features
Bathroom - Full, Closet, Flooring - Hardwood, Closet - Double
Bedroom 3 level
First Floor
Bedroom 3 features
Bathroom - Full, Flooring - Hardwood

Listing information

Listing agent
Cynthia Navarro
Listing office
Noble Realty Partners LLC
MLS PIN #
73567403
Disclosure
Listing Broker is the owner. Sunrun owns the solar panels; the lease is to be transferred to the buyer; transfer fee is $129.99. The monthly lease payment is based on generation of electricity by solar panels. Square footage does not include partially finished basement; approx 380 sf
Disclosure
Possible 4th bedroom/flex space on 2nd floor; partially finished basement approx 380 sf;