$1,475,000
55 Memorial Dr
Salem, MA, 01970
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.
Property Details
Price:
$1,475,000
MLS #:
73567403
Status:
Active
Beds:
3
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
salemwillows
Listed Date:
Aug 24, 2026
Finished Sq Ft:
2,072
Total Sq Ft:
2,072
Lot Size:
5,619 sqft / 0.12 acres (approx)
Year Built:
1949
Schools
Elementary School:
Bentley
Middle School:
Saltonstall
High School:
Salem High School
Interior
Above Grade Finished Area
2072
Appliances
Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Range Hood, Plumbed For Ice Maker
Bathrooms
3 Full Bathrooms
Cooling
Heat Pump, Ductless, Whole House Fan
Fireplaces Total
1
Flooring
Tile, Hardwood
Heating
Baseboard, Radiant, Heat Pump, Natural Gas, Active Solar, Wood Stove, Ductless
Interior Features
Internet Available – Broadband
Laundry Features
First Floor, Gas Dryer Hookup, Washer Hookup
Exterior
Architectural Style
Contemporary
Attached Garage YN
1
Community Features
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
Construction Materials
Frame
Covered Spaces
2
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
Fencing
Fenced/Enclosed, Fenced
Garage Spaces
2
Green Energy Efficient
Attic Vent Elec.
Lot Features
Gentle Sloping
Open Parking Spaces
6
Open Parking YN
1
Parking Features
Attached, Garage Door Opener, Storage, Workshop in Garage, Insulated, Paved Drive, Off Street, Driveway, Paved
Parking Spots
8
Parking Total
8
Patio And Porch Features
Deck, Deck – Wood, Deck – Composite, Patio
Roof
Shingle
View
Scenic View(s), City
Waterfront Features
Waterfront, Ocean, Harbor, Dock/Mooring, Deep Water Access, Private, Harbor, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Window Features
Insulated Windows, Screens
Financial
Tax Year
2027
Taxes
$12,369
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…
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Map
Current real estate data for Single Family in Salem as of Aug 31, 2026
70
Single Family Listed
135
Avg DOM
391
Avg $ / SqFt
$752,305
Avg List Price
Community
- Address55 Memorial Dr Salem MA
- CitySalem
- CountyEssex
- Zip Code01970
Subdivisions in Salem
Similar Listings Nearby
Property Summary
- 55 Memorial Dr Salem MA is a Single Family for sale in Salem, MA, 01970. It is listed for $1,475,000 and features 3 beds, 3 baths, and has approximately 2,072 square feet of living space, and was originally constructed in 1949. The current price per square foot is $712. The average price per square foot for Single Family listings in Salem is $391. The average listing price for Single Family in Salem is $752,305. To schedule a showing of MLS#73567403 at 55 Memorial Dr in Salem, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of MyHomeRE, LLC. 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.
55 Memorial Dr
Salem, MA