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.

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Basic Information

Bedrooms4
Mls StatusNew
Bathroom2
Parcel Number 2103780

Tax Information

Tax Assessed Value $566,200
Tax Year 2025
Taxes$5,243

Parking

Parking Spaces2
Open Parking YN Yes
Parking Features Paved Drive

Rooms

Bathroom 1 First,5.1 x 8.4
Bathroom 2 Second,6.3 x 8.4
Bathrooms Total Decimal 2
Bedroom 2 Second,12.6 x 15.2
Bedroom 3 First,9.8 x 11.5
Bedroom 4 First,12.6 x 11.6
Dining Room First,8.4 x 6.5
Family Room Basement,13.9 x 21.8
Full Bath2
Kitchen First,13 x 11.5
Living Room First,16.3 x 13.2
Master Bedroom Second,13

Basic Information

List Price$699,900
MLS Number73553754
Modification Date07/23/2026
Property SubTypeSingle Family Residence

Location

Address1 Summit Terrace
Building Number1
CountyEssex
StateMA
StreetSummit Terrace
TownPeabody
Zip01960

Building

BasementPartially Finished
Building Area Units Square Feet
FoundationConcrete Perimeter
Patio And Porch Features Deck, Covered
Property StyleCape
Rooms6
Year Built1950
Year Built Details Renovated Since
Year Built Source Public Records

Property

Acreage0.18
Other Structures Gazebo

Exterior

Exterior Features
- Covered Patio/Deck
- Deck
- Garden
- Gazebo
- Pool - Inground
- Storage

Utilities

Cooling Wall Unit(s), Ductless
Cooling YN Yes
Heat SystemYes
Heating Baseboard, Radiant, Oil, Ductless
Sewer Public Sewer
Water Source Public

Property Information

Square Feet1,922
Building Area Source Public Records
Living Area 1,922
Lot Size Square Feet 7,723
Lot Size Units Acres

Amenities

Appliances IncludedWater Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Pool Features In Ground
Pool Private YN Yes

Legal

ZoningR1A

Other

Date Listed07/22/2026
Farm Land Area Units Square Feet

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Newton, MA

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More Info

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Newton, MA