Skip to main content

Listing broker remarks

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.— Lyv Realty

Key details

  • 1,922 sq ft
  • 7,723 lot sq ft
  • 4 beds
  • 2 baths
  • 1950 built
  • $364 / sq ft
  • $5,243 2025 taxes
MLS #
7⁠3⁠5⁠5⁠3⁠7⁠5⁠4⁠
Last updated
Address
1 Summit Terrace
Town
Peabody, MA
ZIP
01960
Deed (Bk/Pg)
10212 / 490

Map

Neighborhood: Peabody

National Historic Landmark

Federally designated as nationally significant — the highest U.S. historic recognition. Section 106 review applies to federal undertakings affecting the property.

National Register

Listed on the National Register of Historic Places. Owners may qualify for the 20% federal Historic Rehabilitation Tax Credit on certified rehabilitation work.

State Register

Listed on the Massachusetts State Register of Historic Places.

Local Historic District

Inside a Local Historic District. Exterior changes visible from a public way require approval from the local historic district commission.

Local Landmark

Individually designated by the town as a local landmark. Exterior alterations require commission approval.

MACRIS Inventory

Documented in MACRIS, the state historic inventory. Informational only — no regulatory constraints.

Article 85 (Boston)

Subject to Boston Article 85 demolition-delay review, which can pause demolition of buildings 50+ years old for up to 90 days.

Ch. 91 Waterways License

An active MassDEP permit for a dock, pier, seawall, or other structure on or over a Massachusetts waterway. Many older licenses are not digitized; this record is provided for reference only.

Massachusetts Great Pond

A Great Pond under M.G.L. Ch. 91 — the Commonwealth retains public rights to fish and navigate these state-designated waters. Private docks and other waterfront structures require a Waterways License from MassDEP.

Likely Great Pond

The MLS listing describes this property as being on a Great Pond, which would be a state-designated water body under M.G.L. Ch. 91. GIS data did not independently confirm the pond name — verification needed.