55 Memorial Dr, Salem, MA 01970

Salem
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
55 Memorial Dr,Salem, MA 01970
$1,475,000
  • 3 Beds
  • 3 Baths
  • 2,072 sq. ft.
  • Single family
  • Active
Upcoming open houses
  • Sat, Aug 29
    12:00 pm - 02:00 pm
  • Sun, Aug 30
    01:00 pm - 03:00 pm
Listed by: cynthia navarro
Office: noble realty partners llc
MLS#:73567403
Source:MLSPIN

Price summary

  • Price:$1,475,000
  • Price per sq. ft.:$711.87

About this home

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.

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Home facts

  • Year built:1949
  • Listing ID #:73567403
  • Updated:August 25, 2026 at 11:02 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:7
  • Flooring:Hardwood, Tile
  • Dining Description:Open Floorplan, Stone/Ceramic Tile, Vaulted Ceiling(s), Wood / Coal / Pellet Stove,
  • Kitchen Description:Countertops - Stone/Granite/Solid, Dishwasher, Disposal, Flooring - Stone/Ceramic Tile, Freezer, Gas Stove, Microwave, Open Floorplan, Plumbed For Ice Maker, Range, Range Hood, Refrigerator
  • Basement Description:Bulkhead, Concrete, Full, Interior Entry, Partially Finished, Sump Pump
  • Living area:2,072 sq. ft.

Heating and cooling

  • Cooling:3 Cooling Zones, Ductless, Heat Pump, Whole House Fan
  • Heating:Active Solar, Baseboard, Ductless, Heat Pump, Natural Gas, Radiant, Wood Stove

Structure and exterior

  • Roof:Shingle
  • Year built:1949
  • Building area:2,072 sq. ft.
  • Lot area:0.13 Acres
  • Lot Features:Gentle Sloping
  • Architectural Style:Contemporary
  • Construction Materials:Frame
  • Exterior Features:Balcony, Deck, Deck - Composite, Deck - Wood, Decorative Lighting, Fruit Trees, Patio, Professional Landscaping, Rain Gutters, Sprinkler System, Stone Wall, Storage
  • Foundation Description:Concrete Perimeter

Schools

  • High school:Salem High School
  • Middle school:Saltonstall
  • Elementary school:Bentley

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,475,000
  • Price per sq. ft.:$711.87
  • Tax amount:$12,368 (2027)

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Laundry features:Dryer, First Floor, Gas Dryer Hookup, Washer, Washer Hookup
  • Amenities:Gas Water Heater, Internet Available - Broadband

Parking

  • Total parking spaces:8
  • Parking description:Attached, Driveway, Garage Door Opener, Insulated, Off Street, Paved, Paved Drive, Storage, Workshop in Garage
  • Garage:Yes
  • Garage spaces:2
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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