Derby Lofts

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Perched above the heart of Historic Salem in the desirable Derby Lofts, you will find this exceptional penthouse unit with stunning water views. This sophisticated residence showcases 2 spacious bedrooms and 2 full baths, soaring ceilings, exposed ductwork, an airy open-concept design living space, with walls of windows that fill the home with incredible natural light. The stylish urban feel blends perfectly with the warmth & comfort of this unique residence. Updates include a New Top of the line Bosch HVAC system and Navien high efficiency tankless water heater in 2023. Step outside onto the expansive private balcony, take in the incredible view while enjoying morning coffee or evening cocktails, a great spot to unwind! Derby Lofts is a pet friendly, elevator equipped building. Just moments from the Waterfront, Peabody Essex Museum, boutique shopping, exceptional restaurants, MBTA commuter rail and so much more! This fabulous Penthouse delivers the ultimate downtown coastal lifestyle!

More Info

Basic Information

  • Bedrooms2
  • Mls StatusNew
  • Bathroom2
  • Parcel Number 4656142
  • Unit Number606

Tax Information

  • Tax Assessed Value $527,000
  • Tax Year 2025
  • Taxes$5,976

School Information

  • High School Salem High
  • High SchoolSalem

Parking

  • Parking Spaces2
  • Parking Features Leased

Rooms

  • Bathroom 1 First,10 x 6
  • Bathroom 2 First,9 x 5
  • Bathrooms Total Decimal 2
  • Bedroom 2 First,13 x 11
  • Full Bath2
  • Kitchen First,11 x 8
  • Living Room First,23 x 13
  • Master Bedroom First,18

Basic Information

  • List Price$649,000
  • MLS Number73529994
  • Modification Date06/05/2026
  • Property SubTypeCondominium

Location

  • SubdivisionDerby Lofts
  • Address51 Lafayette Street
  • Building Number51
  • CountyEssex
  • StateMA
  • StreetLafayette Street
  • TownSalem
  • Zip01970

Building

  • BasementN
  • Building Area Units Square Feet
  • Common Walls No One Above
  • Construction Materials Stone
  • Entry Level 6
  • Property NameDerby Lofts
  • Rooms4
  • Stories1
  • Utilities For Gas Range
  • Year Built2003
  • Year Built Details Actual, Unknown/Mixed
  • Year Built Source Public Records

Interior

  • Flooring Tile, Hardwood, Flooring - Hardwood
  • Interior Features Closet, Entrance Foyer

Exterior

  • Exterior Features Balcony
  • RoofTar/Gravel, Rubber

Utilities

  • Cooling Central Air
  • Cooling YN Yes
  • Electric Circuit Breakers
  • Heat SystemYes
  • Heating Forced Air, Natural Gas, Unit Control
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Square Feet1,250
  • Building Area Source Public Records
  • Living Area 1,250
  • Lot Size Units Acres
  • Structure Type Garden

Amenities

  • Amenities
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University
  • Appliances IncludedRange, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Association Amenities Elevator(s)
  • PetsYes
  • Security Features Intercom

Water Body

  • Miles to Beach2
  • Waterfront Features Ocean,1 to 2 Mile To Beach, Beach Ownership(Public)

Legal

  • ZoningB5

Other

  • Association Fee $636
  • Association Fee Frequency Monthly
  • Association Fee Includes Water, Sewer, Insurance, Maintenance Structure, Snow Removal
  • Date Listed06/04/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by The Stead Team of Gibson Sotheby's International Realty

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