$699,900
1 Summit Terrace
Peabody, MA, 01960
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.
Property Details
Price:
$699,900
MLS #:
73553754
Status:
Active Under Contract
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Jul 22, 2026
Finished Sq Ft:
1,922
Total Sq Ft:
1,922
Lot Size:
7,723 sqft / 0.18 acres (approx)
Year Built:
1950
Schools
Interior
Above Grade Finished Area
1457
Appliances
Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Bathrooms
2 Full Bathrooms
Below Grade Finished Area
465
Cooling
Wall Unit(s), Ductless
Heating
Baseboard, Radiant, Oil, Ductless
Exterior
Architectural Style
Cape
Exterior Features
Deck, Covered Patio/Deck, Pool – Inground, Storage, Gazebo, Garden
Open Parking Spaces
2
Open Parking YN
1
Other Structures
Gazebo
Parking Features
Paved Drive
Parking Spots
2
Parking Total
2
Patio And Porch Features
Deck, Covered
Financial
Tax Year
2025
Taxes
$5,243
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
More About MarieMortgage Calculator
Map
Current real estate data for Single Family in Peabody as of Aug 06, 2026
74
Single Family Listed
43
Avg DOM
399
Avg $ / SqFt
$719,346
Avg List Price
Community
- Address1 Summit Terrace Peabody MA
- CityPeabody
- CountyEssex
- Zip Code01960
Subdivisions in Peabody
Similar Listings Nearby
Property Summary
- 1 Summit Terrace Peabody MA is a Single Family for sale in Peabody, MA, 01960. It is listed for $699,900 and features 4 beds, 2 baths, and has approximately 1,922 square feet of living space, and was originally constructed in 1950. The current price per square foot is $364. The average price per square foot for Single Family listings in Peabody is $399. The average listing price for Single Family in Peabody is $719,346. To schedule a showing of MLS#73553754 at 1 Summit Terrace in Peabody, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Keller Williams Realty Evolution. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
1 Summit Terrace
Peabody, MA