$1,225,000
16 Franklin Street # 2503
Salem, MA, 01970
Enjoy breathtaking water views and the ease of modern single-level living on the North Shore. This new, spacious penthouse 3-bedroom, 2-bath condominium is designed for the most discerning buyer. This residence features soaring ceilings, oversized windows, top-of-the-line finishes, and private balcony. The chef’s kitchen impresses with Bosch stainless appliances, custom cabinetry, and quartz counters and backsplash, opening to a bright, open-concept living and dining area with European oak hardwood floors. Gaze at the water from the serene primary suite with walk-in closet, heated bathroom floors, double vanity, smart bidet, and a seamless tiled shower. Exclusive amenities include indoor heated parking, elevator, Clubroom Lounge, state-of-the-art fitness center, and Riverside Outdoor Kitchen and Patio. Just across from vibrant historic downtown Salem and the train to Boston, this stunning condominium blends sophistication, comfort, and convenience in a truly exceptional setting.
Property Details
Price:
$1,225,000
MLS #:
73467805
Status:
Pending
Beds:
3
Baths:
2
Type:
Condo
Subtype:
Condominium
Listed Date:
Jan 13, 2026
Finished Sq Ft:
1,495
Total Sq Ft:
1,495
Year Built:
2025
Schools
Interior
Above Grade Finished Area
1495
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Bathrooms
2 Full Bathrooms
Cooling
Heat Pump
Flooring
Wood, Tile
Heating
Central, Heat Pump, Electric
Interior Features
Elevator
Laundry Features
First Floor, In Unit
Exterior
Accessibility Features
Accessible Entrance
Association Amenities
Elevator(s), Fitness Center, Clubroom
Attached Garage YN
1
Common Walls
Corner
Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Highway Access, Public School, T-Station
Construction Materials
Frame
Covered Spaces
1
Exterior Features
Deck
Garage Spaces
1
Parking Features
Attached, Garage Door Opener, Heated Garage, Deeded
Parking Spots
1
Parking Total
1
Patio And Porch Features
Deck
Roof
Rubber
Security Features
Intercom, TV Monitor
Stories
1
Waterfront Features
Waterfront, Ocean, Sound, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Window Features
Insulated Windows
Financial
HOA Fee
$742
HOA Fee Frequency
Monthly
HOA Includes
Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Tax Year
2025
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Community
- Address16 Franklin Street # 2503 Salem MA
- CitySalem
- CountyEssex
- Zip Code01970
Subdivisions in Salem
Similar Listings Nearby
Property Summary
- 16 Franklin Street # 2503 Salem MA is a Condo for sale in Salem, MA, 01970. It is listed for $1,225,000 and features 3 beds, 2 baths, and has approximately 1,495 square feet of living space, and was originally constructed in 2025. The current price per square foot is $819. The average price per square foot for Condo listings in Salem is $450. The average listing price for Condo in Salem is $535,492. To schedule a showing of MLS#73467805 at 16 Franklin Street # 2503 in Salem, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of MerryFox Realty. The property listing data and information 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 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 set forth herein.
16 Franklin Street # 2503
Salem, MA