1 Summit Terrace Peabody, MA ^$ 699,900

1 Summit Terrace

^$ 699,900

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Open House 7/25 11am - 1pm

1 Summit Terrace

Peabody, MA, 01960

^$ 699,900

Bedrooms4 Baths2.0 Sq 1,922

Monthly Estimate*

^$ 4,419

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Single Family Home for sale in Peabody, MA

for $699,900 with 4 bedrooms and 2 full baths. This 1,922 square foot home was built in 1950 on a lot size of 0.18.

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.

Open House

7/25/2026 11:00 AM - 1:00 PM

7/26/2026 10:00 AM - 12:00 PM

1 Summit Terrace Peabody, MA

* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

^$ 699,900

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 5,243

Style

Cape

Lot Size

0.18

Year Built

1950

Town/City

Peabody

County/Region

Essex

MLS | Web ID

73553754

List By

Shannon McInnis

Listing Agent

Lyv Realty

Broker

Affordability Calculator

$4,856

Per Month

Monthly Principal & Interest: $4,419
Monthly Property Taxes: $437
Monthly Home Insurance: --

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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.

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Nearby

Trends

Single family listings in Peabody, MA

Average List Price ^$730,802

Percent of Sale Price 4%

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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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
7/22/2026	$699,900		Listed Price

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1 Summit Terrace, Peabody, MA, 01960 is a Single Family Home for sale at $699,900 with 1,922 sqft and a lot size of 0.18. 1 Summit Terrace has 4 bedrooms, 2.0 baths, and was built in 1950. The property's zip code is 01960 which is in Peabody, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Data is updated as of 7/25/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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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1 Summit Terrace

Single Family Home for sale in Peabody, MA

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