Experience penthouse living at RIVERWALK SALEM, where sophisticated design meets effortless North Shore living. This spacious new three-bedroom, two-bath penthouse offers exceptional privacy, oversized windows, soaring ceilings, a private balcony, and a signature designer aesthetic. The Chef’s kitchen features Bosch stainless steel appliances, custom cabinetry, quartz countertops and backsplash, and opens to expansive living and dining spaces with European hardwood floors throughout. The luxurious primary suite offers a walk-in closet and spa-inspired bath with heated floors, double vanity, smart bidet, and seamless tiled shower. RIVERWALK amenities include indoor heated parking, elevator, state-of-the-art fitness center, Clubroom Lounge, and Riverside Outdoor Kitchen/Patio. Just moments from historic downtown Salem, dining, shopping, culture, and the commuter rail to Boston.
This home has been viewed 3 times
Last Checked: September 18th, 2026 at 8:03am (Source: MLS PIN #73564692)
Garage Parking
Air Conditioning
Waterview
Lead Paint Free
Accessible Features
Pre Construction
General Information for 16 Franklin Street # 1503, Salem MA 01970
Listing ID73564692
Property TypeCondominium
Price1000000 ($664.01/SqFt)
Building Style2/3 Family
CitySalem
CountyEssex
Neighborhood(s)Ipswich
Total Parking2 (1 Garage)
Unit Level5
Levels in Unit1
Year Built2025
Year Built SourceOwner
Year Built DetailsActual
Building Construction StatusPre-Construction
ZoningNRCC
Unit Features for 16 Franklin Street # 1503, Salem MA 01970
Approximate Living Area Total1506
Living Area Includes BasementNo
Rooms6
Bedrooms3
Primary En Suite BathroomYes
BasementFull
Cooling1, Split
LaundryArchway
Fireplaces
Outdoor SpaceNo
FlooringTile
Electric220 Volts
AppliancesRange
Condo Association Features for 16 Franklin Street # 1503, Salem MA 01970
Complex NameRiverwalk Condominiums
Pet PolicyNot Allowed
Building ManagementDeveloper Advisory Board
Building Construction StatusPre-Construction
Number of Units37
Year Built2025
Year Built DetailsActual
Year Built SourceOwner
WaterPublic
SewerPublic Sewer
Parking Features1
Building AmenitiesBeach Rights
Disclosures for 16 Franklin Street # 1503, Salem MA 01970
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePlans
Special Listing Conditions
ExclusionsRefrigerator In Basement And Table In The Kitchen.
Compensation Based On
Documents AvailablePerc Test
Financial Information for 16 Franklin Street # 1503, Salem MA 01970
Association Fee
Optional Fee0
Association Fee IncludesLandscaping
Optional Fee Includes
Association Fee FrequencyMonthly
Assessed Value$0
Real Estate Tax0
Tax Year2025
Location Information for 16 Franklin Street # 1503, Salem MA 01970
Neighborhood(s)Ipswich
Area AmenitiesWalk/jog Trails
Contact Information for 16 Franklin Street # 1503, Salem MA 01970