Dimensions6.3 x 8.4
LevelSecond
1 Summit Terrace, Peabody MA 01960
Peabody, MA 01960
$699,900
Est. $4,176/month
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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.
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Property History
Market Insights
Property Timeline
Status: Active under contract
Jul 30, 2026
Active → Active Under Contract
Pending Sale
Jul 29, 2026
Offer accepted, sale pending
Listed for Sale
Jul 22, 2026
$699,900
Original listing
Agent: Shannon McInnis
Office: Lyv Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/30/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 07/29/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 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
MA Disclosures
Lead Paint
Unknown
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)
22 days
Property Overview
Property Type
Single Family Residence
Listing Type
Sale Pending
Year Built
1950
Bedrooms
4
Full Bathrooms
2
Living Area
1,922 sq ft
Total Rooms
6
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,457 sq ft above grade
465 sq ft below grade
Dimensions12.6 x 15.2
LevelSecond
Dimensions13 x 24.7
LevelSecond
Dimensions5.1 x 8.4
LevelFirst
Dimensions12.6 x 11.6
LevelFirst
Dimensions9.8 x 11.5
LevelFirst
Dimensions13 x 11.5
LevelFirst
Dimensions16.3 x 13.2
LevelFirst
Dimensions13.9 x 21.8
LevelBasement
FeaturesNo
Display Options
Outdoor Areas
PoolIn Ground
Patio & porchDeck, Covered
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
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 District
Peabody School District local
C
School Safety
2024-25
2.1%
Average
1.9%
Suspensions
1.7%
In-School
0.2%
Emergency
3.4% below state avg
Elementary Schools
10 schools
Covenant Christian Academy
2.8 mi
Grades PK-12
The Recreational Education Center, LLC
2.8 mi
Grades PK-12
F
Peabody Personalized Remote Education Program (Peabody P.R.E.P.)
4.1 mi
|
#346 of 346
|
Score: 14.3
Improved 32 spots from last year
-43.9 below state avg
97 students
Diverse
Rising School
Grades K-12
C-
Center School
0.4 mi
|
#731 of 824
|
Score: 33.7
Dropped 351 spots from last year
-24.6 below state avg
123 students
Diverse
Diverse Student Body
Grades PK-05
A-
South Memorial School
1.0 mi
|
#235 of 824
|
Score: 53.0
Improved 270 spots from last year
-5.2 below state avg
506 students
Moderate
Rising School
Grades PK-05
C-
William A Welch Sr School
1.4 mi
|
#666 of 824
|
Score: 37.6
Improved 124 spots from last year
-20.7 below state avg
408 students
Diverse
Rising School
Grades K-05
B-
Captain Samuel Brown School
1.6 mi
|
#482 of 824
|
Score: 45.3
Improved 39 spots from last year
-12.9 below state avg
369 students
Diverse
Rising School
Grades K-05
C
Thomas Carroll School
1.7 mi
|
#611 of 824
|
Score: 40.2
Improved 128 spots from last year
-18 below state avg
645 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
C
John E. McCarthy School
2.6 mi
|
#612 of 824
|
Score: 40.0
Dropped 34 spots from last year
-18.2 below state avg
385 students
Diverse
Diverse Student Body
Grades K-05
B+
West Memorial School
3.4 mi
|
#284 of 824
|
Score: 51.2
Improved 182 spots from last year
-7 below state avg
294 students
Moderate
Rising School
Grades PK-05
Middle Schools
1 school
C+
J. Henry Higgins Middle School
0.6 mi
|
#240 of 352
|
Score: 37.2
Improved 5 spots from last year
-21 below state avg
1,320 students
Diverse
Grades 06-08
High Schools
2 schools
C
Peabody Veterans Memorial High School
1.6 mi
|
#251 of 346
|
Score: 45.9
Improved 8 spots from last year
-12.3 below state avg
1,333 students
Diverse
19 sports
• 1,614 athletes
Career Tech Programs
Strong Athletics
Grades 09-12
Bishop Fenwick High School
1.9 mi
17 sports
• 1,390 athletes
Strong Athletics
Grades 09-12
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95% Interest
Year 15
50/50
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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
Aug 13, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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