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$1,475,000
Listing Price3beds
3baths
2,072sqft
5,632sqft lot
55 Memorial Dr, Salem, MA 01970
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Pending
Off Market
Home type
Price / sqft
Year built
Home Details
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.
Interior Details
2072
3
3
Has Heating:
Yes
Heating Type:
Hot Water
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
Yes
Fuel Type:
Gas
Has Basement:
No
Basement Type:
Unfinished
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
5632
No
No
Type:
Garage, Attached
Location:
N/A
Status:
N/A
Number of Spaces:
0
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Conventional
Wood Siding
N/A
Gable
Asphalt
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$8,833
$224,000
$387,300
--%
$611,300
2019
$9,065
$213,000
$387,300
--%
$600,300
2018
$8,722
$203,000
$364,100
--%
$567,100
2017
$8,820
$192,000
$364,100
--%
$556,100
2016
$6,553
$169,100
$249,100
--%
$418,200
2014
$6,065
$146,300
$216,200
--%
$362,500
2013
$6,013
$150,900
$216,200
--%
$367,100
Average Home Price in 01970
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$894,313
3 Beds
2 Baths
1,831 Sqft
7,688 Lot (sqft)
Sold 10/26/2026
$1,475,000
$1,475,000
3 Beds
3 Baths
2,072 Sqft
5,632 Lot (sqft)
Sold 10/27/2026



