5 Carol Ann Rd
Peabody, MA, 01960 $ 995,000
Bedrooms5 Baths4.1 Sq 3,997 Monthly Estimate*
$ 6,283
for $995,000 with 5 bedrooms and 4 full baths, 1 half bath. This 3,997 square foot home was built in 1987 on a lot size of 0.45.
Homes offering this level of flexibility are hard to find. With nearly 4,000 square feet of thoughtfully designed living space, an in-law apartment with its own entrance and separate driveway, and exceptional indoor and outdoor living areas, this property is designed to accommodate the way people live today while adapting to changing needs for years to come. The main home centers around an open-concept kitchen overlooking the dining area and family room, creating an inviting space for everyday living and effortless entertaining. A separate valuated living room provides additional gathering space, while the attached two-car garage offers direct access into the home. An oversized composite deck overlooks the in-ground pool, gazebo, and private backyard, creating the perfect backdrop for summer barbecues, pool parties, or relaxing evenings outdoors. The yard extends beyond the pool to include plenty of green space and an established garden, offering room to entertain, play, garden, and enjoy the outdoors. Upstairs, the spacious primary suite features a walk-in closet, a private balcony, and an oversized bath, complemented by two additional bedrooms and hallway walk-in closet. The in-law apartment provides outstanding flexibility with its own kitchen, living room, bedroom, 1.5 bathrooms, laundry hookups, private entrance, and separate driveway, making it ideal for multigenerational living, extended family, long-term guests, or live-in caregivers. The finished lower level expands the home's possibilities even further with recreation space, a full bath, laundry, abundant storage, and a separate room offering excellent potential for an au pair suite, guest accommodations, or additional finished living space. Lovingly maintained and move-in ready, this home presents an exceptional opportunity to personalize the finishes over time while enjoying a layout that would be difficult to replicate today. Conveniently located near shopping, dining, parks, and major commuter routes, this is a rare opportunity to own a home that offers the space, flexibility, and lifestyle to grow with you for years to come.
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List ByThe Pizzo GroupListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $6,283
- Monthly Property Taxes
- $838
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Peabody, MA
Average List Price $738,731
Percent of Sale Price 26%
About Peabody, MA 54,399 Population
13% Since 2002
$ 66,405 Median Income
45.92 Median Age
23% Households with Children
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Pricing History| Date | Price | Price Change | Description |
|---|
| 8/5/2026 | $995,000 | | Listed Price |