55 Memorial Dr, Salem MA 01970

Salem, MA 01970 • Salem Willows

$1,475,000

Est. $8,689/month

3

Beds

3

Baths

2,072

Sq Ft

$712

Price/Sq Ft

0.12

Acres

1949

Year Built

2

Garage Spaces

Single Family Residence

Type

13 hours 42 minutes

Time on Market

For Sale Open House Listed Aug 24, 2026 • MLS# 73567403 Copied! • Updated Aug 24, 2026

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Open House Schedule

29

Aug

Saturday, August 29

12:00 PM - 2:00 PM EDT

30

Aug

Sunday, August 30

1:00 PM - 3:00 PM EDT

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.

Public Records & Permits

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Recently Sold Nearby

Property History

Property Timeline

🏠

Listed for Sale

Aug 24, 2026

$1,475,000

Original listing

Office: Noble Realty Partners LLC

Date	Event	Price	Change	$/sqft	Details
08/24/2026	🏠 Listed for Sale	$1,475,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2027	$12,369	$1,109,300

Financial Details

Annual Property Tax

$12,369

Tax Year 2027

Assessed Value

$1,109,300

Facts & Features

2 Car Garage

Home Facts

Type Residential

Style Single Family Residence

Year Built 1949

Living Area 2,072 sq ft

Lot Size 0.12 acres

Bedrooms 3

Full Baths 3

Total Rooms 7

Interior

Heating Baseboard, Radiant, Heat Pump, Natural Gas, Active Solar, Wood Stove, Ductless

Cooling Heat Pump, Ductless, Whole House Fan

Flooring Tile, Hardwood

Appliances Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Range Hood, Plumbed For Ice Maker

Fireplace Living Room

Fireplaces 1

Basement Full, Partially Finished, Interior Entry, Bulkhead, Sump Pump, Concrete

Laundry First Floor, Gas Dryer Hookup, Washer Hookup

Features Internet Available - Broadband

Exterior

Construction Frame

Architecture Contemporary

Roof Shingle

Features Deck, Deck - Wood, Deck - Composite, Patio, Balcony, Rain Gutters, Storage, Professional Landscaping, Sprinkler System, Decorative Lighting, Screens, Fenced Yard, City View(s), Fruit Trees, Stone Wall

Pool None

Spa None

Fencing Fenced/enclosed, Fenced

Patio/Porch Deck, Deck - Wood, Deck - Composite, Patio

Parking

Garage Spaces 2

Has Garage Yes

Features Attached, Garage Door Opener, Storage, Workshop In Garage, Insulated, Paved Drive, Off Street, Driveway, Paved

Total Spaces 8

Utilities

Electric 200+ Amp Service, Generator Connection

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range, For Gas Oven, For Gas Dryer, Washer Hookup, Icemaker Connection, Generator Connection

Financial

Annual Tax $12,369

Assessed Value $1,109,300

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

MA Disclosures

Lead Paint Unknown

Seller Disclosures 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

Exclusions See The Attached Feature Sheet With The Inclusions And Exclusions For Complete Details.

Additional Details

Possession None

Accepted Financing Lender Approval Required

Structure Type []

House Color Gray

Sq Ft Source Public Record

Sq Ft Disclosures Possible 4th bedroom/flex space on 2nd floor; partially finished basement approx 380 sf;

Documents None

County Essex

Property Overview

Property Type

Single Family Residence

Listing Type

For Sale

Year Built

1949

Bedrooms

3

Full Bathrooms

3

Living Area

2,072 sq ft

Total Rooms

7

Floor Layout

Interior Features

Flooring: Tile, Hardwood

Appliances: Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Range Hood, Plumbed For Ice Maker

Interior Features: Internet Available - Broadband

Windows: Insulated Windows, Screens

Basement: Full, Partially Finished, Interior Entry, Bulkhead, Sump Pump, Concrete

Laundry: First Floor, Gas Dryer Hookup, Washer Hookup

Security:

Construction & Materials

Style: Contemporary

Year Built: 1949

Structure Type:

Exterior Materials: Frame

Roof: Shingle

Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Baseboard, Radiant, Heat Pump, Natural Gas, Active Solar, Wood Stove, Ductless

Heating Zones: 5

Cooling: Heat Pump, Ductless, Whole House Fan

Cooling Zones: 3

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features: Attic Vent Elec.

Exterior & Lot

Exterior Features: Deck, Deck - Wood, Deck - Composite, Patio, Balcony, Rain Gutters, Storage, Professional Landscaping, Sprinkler System, Decorative Lighting, Screens, Fenced Yard, City View(s), Fruit Trees, Stone Wall

Patio & Porch: Deck, Deck - Wood, Deck - Composite, Patio

Fencing: Fenced/Enclosed, Fenced

Other Structures:

Lot Features: Gentle Sloping

Road Surface: Paved

Parking & Garage

Garage Spaces: 2

Garage Type: Attached

Total Parking Spaces: 8

Parking Features: Attached, Garage Door Opener, Storage, Workshop in Garage, Insulated, Paved Drive, Off Street, Driveway, Paved

Special Features

Fireplaces: 1

Fireplace Type: Living Room

Waterfront: Yes

Waterfront Type: Waterfront, Ocean, Harbor, Dock/Mooring, Deep Water Access, Private, Harbor, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)

View: Yes

View Type: Scenic View(s), City

Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station, University, Sidewalks

Nearby Schools

School District

Salem School District local

B-

⚠ School Safety 2024-25

3.6% Above Average

2.3% Suspensions 0.8% In-School 1.3% Emergency

↓ 1.9% below state avg

E

Elementary Schools

3 schools

C+

Bentley Academy Innovation School

0.2 mi | #568 of 824 | Score: 42.3

Improved 143 spots from last year

-16 below state avg

286 students Moderate

Rising School

Grades PK-05

Salem Early Childhood School

0.2 mi

106 students Diverse

Diverse Student Body

Grades PK

B-

Carlton School

0.6 mi | #468 of 824 | Score: 45.6

Dropped 47 spots from last year

-12.6 below state avg

247 students Diverse

Grades K-05

M

Middle Schools

3 schools

C+

Collins Middle School

1.8 mi | #219 of 352 | Score: 39.5

Improved 60 spots from last year

-18.7 below state avg

611 students Diverse

Rising School Diverse Student Body

Grades 06-08

B+

Marblehead Community Charter Public School

2.0 mi | #115 of 352 | Score: 48.0

Improved 94 spots from last year

-10.2 below state avg

192 students Moderate

Rising School Strong Attendance

Grades 04-08

B+

Village School

2.0 mi | #253 of 824 | Score: 52.3

Dropped 64 spots from last year

-5.9 below state avg

529 students Moderate

Grades 04-06

H

High Schools

3 schools

B+

Salem Academy Charter School

1.1 mi | #139 of 346 | Score: 56.7

Improved 97 spots from last year

-1.5 below state avg

480 students Diverse

10 sports • 568 athletes

High Graduation Rate Rising School College Ready Curriculum

Grades 06-12

Bishop Fenwick High School

2.0 mi

17 sports • 1,390 athletes

Strong Athletics

Grades 09-12

B

Beverly High School

2.4 mi | #149 of 346 | Score: 55.7

Dropped 39 spots from last year

-2.5 below state avg

1,213 students Moderate

17 sports • 1,774 athletes

Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum

Grades 09-12

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Salem Willows

55 Memorial Dr, Salem MA 01970

Salem, MA 01970

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Steve Novak Real Estate

mail@steve-novak.com

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55 Memorial Dr, Salem MA 01970

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55 Memorial Dr, Salem MA 01970

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