1 Summit Terrace, Peabody MA 01960

Peabody, MA 01960

$699,900

Est. $4,176/month

Beds

Baths

1,922

Sq Ft

$364

Price/Sq Ft

0.18

Acres

1950

Year Built

Parking

Single Family Residence

Type

10 hours 19 minutes

Time on Market

Active Open House Listed Jul 22, 2026 • MLS# 73553754 Copied! • Updated Jul 23, 2026

Open House Schedule

Jul

Monday, July 27

3:00 PM - 4:00 PM EDT

Jul

Thursday, July 23

4:00 PM - 5:30 PM EDT

Jul

Sunday, July 26

10:00 AM - 12:00 PM EDT

Jul

Saturday, July 25

11:00 AM - 1:00 PM EDT

About this home

Welcome to 1 Summit Terrace, a spacious 4-bedroom, 2-bath home nestled in one of Peabody's most desirable neighborhoods. Thoughtfully designed to offer both comfort and flexibility, this home is perfectly suited for today's buyers who need room to live, work, and grow. The finished basement level adds valuable living space, featuring two separate rooms—including a dedicated home gym and an additional finished area ideal for a family room, home office, playroom, guest retreat, or whatever fits your lifestyle. Step outside to your own private backyard oasis, complete with an inviting inground pool and garden—the perfect setting for relaxing afternoons or summer entertaining. With generous living space, versatile bonus rooms, and a beautifully landscaped outdoor retreat, this Peabody home offers a rare combination of comfort and lifestyle.

Public Records & Permits

BMN Estimate

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Recently Sold Nearby

Property History

Property Timeline

🏠

Listed for Sale

Jul 22, 2026

$699,900

Original listing

Agent: Shannon McInnis Office: Lyv Realty

Date	Event	Price	Change	$/sqft	Details
07/22/2026	🏠 Listed for Sale	$699,900	-	-	Original listing

Tax History

Year	Taxes	Assessment
2025	$5,243	$566,200

Financial Details

Annual Property Tax

$5,243

Tax Year 2025

Assessed Value

$566,200

Facts & Features

Home Facts

Type Residential

Style Single Family Residence

Year Built 1950

Living Area 1,922 sq ft

Lot Size 0.18 acres

Bedrooms 4

Full Baths 2

Total Rooms 6

Interior

Heating Baseboard, Radiant, Oil, Ductless

Cooling Wall Unit(s), Ductless

Flooring None

Appliances Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer

Fireplace None

Basement Partially Finished

Laundry None

Features None

Exterior

Construction None

Architecture Cape

Roof None

Features Deck, Covered Patio/deck, Pool - Inground, Storage, Gazebo, Garden

Pool In Ground

Spa None

Fencing None

Patio/Porch Deck, Covered

Parking

Features Paved Drive

Total Spaces 2

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $5,243

Assessed Value $566,200

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

Down Payment Resource Eligible

MA Disclosures

Seller Disclosures Contingent Upon The Successful Sale/ Closing Of 58b Sunset Ridge Epping, Nh Which Is Currently Under Contract And Is Scheduled To Close 9/29.

Additional Details

Possession None

Accepted Financing None

Structure Type []

Sq Ft Source Public Record

Sq Ft Disclosures includes finished lower level space

Documents None

County Essex

Total market time (incl. prior listings) 1 days

Property Overview

Property Type

Single Family Residence

Listing Type

For Sale

Year Built

1950

Bedrooms

Full Bathrooms

Living Area

1,922 sq ft

Total Rooms

Room Details

First Floor

Bathroom1

5.1 x 8.4

Bedroom4

12.6 x 11.6

Bedroom3

9.8 x 11.5

Dining Room

8.4 x 6.5

Kitchen

13 x 11.5

Living Room

16.3 x 13.2

Second Floor

Bathroom2

6.3 x 8.4

Bedroom2

12.6 x 15.2

Master Bedroom

13 x 24.7

Basement Floor

Family Room

13.9 x 21.8

Other Floor

Bedroom5

Bathroom3

Office

Master Bathroom

Interior Features

Flooring:

Appliances: Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer

Interior Features:

Windows:

Basement: Partially Finished

Laundry:

Security:

Construction & Materials

Style: Cape

Year Built: 1950

Structure Type:

Exterior Materials:

Roof:

Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Baseboard, Radiant, Oil, Ductless

Cooling: Wall Unit(s), Ductless

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Deck, Covered Patio/Deck, Pool - Inground, Storage, Gazebo, Garden

Patio & Porch: Deck, Covered

Fencing:

Other Structures: Gazebo

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 2

Parking Features: Paved Drive

Special Features

Pool: Private Pool

Pool Features: In Ground

Community Amenities:

Nearby Schools

School information not available for this location.

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Down Payment

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Monthly Payment Breakdown

Principal & Interest $0

Property Tax $437

Homeowners Insurance $200

PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0

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Payment Over Time

Interest

Principal

Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

1 Summit Terrace, Peabody MA 01960

Peabody, MA 01960

Listing Information

Listing Agent Shannon McInnis

Listing Office Lyv Realty

Office Phone 978-533-8000

Agent MLS ID CN254155

Office MLS ID AN6884

Listing Data Updated Jul 23, 2026 3:30 AM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steven Novak

BMN Boston Real Estate

(617) 955-2224 mail@steve-novak.com

Ask about this property — free, no obligation.

1 Summit Terrace, Peabody MA 01960

Open House Schedule

About this home

Public Records & Permits

Recently Sold Nearby

Property Timeline

Listed for Sale

Tax History

Home Facts

Interior

Exterior

Parking

Utilities

Financial

HOA & Community

MA Disclosures

Additional Details

Property Overview

First Floor

Second Floor

Basement Floor

Other Floor

Monthly Payment Breakdown

Loan Summary

Rate Impact

Payment Over Time

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1 Summit Terrace, Peabody MA 01960

Open House Schedule

About this home

Public Records & Permits

BMN Estimate

Recently Sold Nearby

Property History

Property Timeline

Listed for Sale

Detailed History Table ▼

Tax History

Financial Details

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

HOA & Community

MA Disclosures

Additional Details

Property Overview

Room Details

First Floor

Second Floor

Basement Floor

Other Floor

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Special Features

Nearby Schools

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Loan Summary

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Listing Information

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