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1 Summit Terrace, Peabody MA 01960

$699,900

Estimated $4,749/month Calculator

Single Family

4 Bedrooms

Baths

1922

Total Parking: 2

7,723 (0.18)

Built in 1950

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.

This home has been viewed 5 times

Last Checked: July 26th, 2026 at 6:43pm (Source: MLS PIN #73553754)

Air Conditioning

Lead Paint Free

General Information for 1 Summit Terrace, Peabody MA 01960

Listing ID73553754

Property TypeSingle Family / Detached

Price$699,900 ($364.15/SqFt)

StyleColonial

CityPeabody

CountyEssex

Neighborhood(s)Ipswich

Garage Parking0

ZoningR1A

Year Built1950

Year Built SourcePublic Records

Year Built DetailsRenovated Since

Interior Features for 1 Summit Terrace, Peabody MA 01960

Approximate Living Area Total1922

Living Area Includes BasementYes

Rooms6

Bedrooms4

Primary En Suite BathroomNo

BasementFull

Cooling1, Split

Fireplaces

AppliancesRange

Flooring

Electric

Exterior Features for 1 Summit Terrace, Peabody MA 01960

Approximate Lot Size (Acres)0.18

Approximate Lot Size (Square Feet)7723

Total Parking2

Garage Parking0

WaterPublic

SewerPublic Sewer

Lot Features

Parking Features1

Exterior FeaturesPorch

Foundation Materials

Construction Materials

Road Frontage Type

Patio & PorchCovered

Roof Material

Utility Connections

Water Views

Water Views Features

Waterfront0

Waterfront Features

Pool FeaturesAssociation

Horse Permitted0

Horse Amenities

Disclosures for 1 Summit Terrace, Peabody MA 01960

Lead PaintNone

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourcePublic Records

Special Listing Conditions

ExclusionsElectric Fireplace

Compensation Based On

Financial Information for 1 Summit Terrace, Peabody MA 01960

Association Fee

Association Fee Frequency

Association Fee Includes

Real Estate Tax5243

Tax Year2025

Assessed Value$566,200

Location Information for 1 Summit Terrace, Peabody MA 01960

Neighborhood(s)Ipswich

Area Amenities

Contact Information for 1 Summit Terrace, Peabody MA 01960

Agent

Name: Shannon McInnis

Office

Name: Lyv Realty

Phone: 978-533-8000

Payment Calculator

, Interest

Property Taxes 436.92

Principal & Interest 4312.56

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lyv Realty

Shannon McInnis

Agent Phone

Office Phone

(978) 533-8000

Text Agent Call Agent Call Office

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EXIT

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