Under Agreement

29 Shadow Lake Rd, Salem, MA

Salem · MA 03079

$599,900
Price
4
Beds
2
Baths
1864
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1954
Units: 2 Units
Lot size: 0.44 Acre Lot
Price per square foot: $322 / Sq.Ft
Parking: 6 Off Street Spaces

About this home

An incredible opportunity in the heart of Salem! Welcome to 29 Shadow Lake Road, a beautifully updated single-family home with a legal accessory dwelling unit (ADU), offering the layout, privacy, and functionality of a two-family property! Featuring two separate entrances and nearly identical floor plans, each living space offers 2 bedrooms and 1 full bathroom, creating a unique opportunity for a variety of living arrangements. The interior has been completely updated throughout, offering a fresh, modern feel with stylish finishes and inviting living spaces that are truly move-in ready. The thoughtfully designed layout provides the perfect balance of privacy and convenience, allowing each living space to function independently while remaining under one roof. Whether you're looking for multigenerational living, a way to offset your mortgage with rental income, or simply the flexibility of two separate living spaces, this property offers endless possibilities. Ideal for those looking to accommodate extended family, provide a separate space for guests, or take advantage of the property's income-producing potential. What truly sets this home apart is its unbeatable location! Situated in one of Southern New Hampshire's most desirable communities, you'll enjoy convenient access to Salem's shopping, restaurants, entertainment, and everyday essentials. Just minutes from Tuscan Village, major commuter routes, and the Massachusetts border, this location makes both daily living and commuting a breeze. Finding a property that combines this level of versatility, extensive interior updates, and such a convenient location is no easy task. Whether you're an owner-occupant looking for additional flexibility or a buyer seeking a unique investment opportunity, 29 Shadow Lake Road is a property you won't want to miss. Enjoy the benefits of two distinct living spaces with the convenience of one exceptional Salem location!

Neighborhood & Transit

29 Shadow Lake Rd, Salem · MA 03079

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:
15 days
Listing Price:
$599,900
Price per Sq.Ft:
$322
Tax Assessment:
$387,100 in 2025
Taxes:
$586 / Monthly

Home Facts

Interior Features

Bedrooms
4
Full Bathrooms
2
Half Bathrooms
0
Living Area
1,864 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
1864
Flooring
Unknown
Lead paint
Yes

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
19,166 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
6 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

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

Listing information

Listing agent
Joseph Pantaleo
Listing office
DiPietro Group Real Estate
MLS PIN #
73592414