$610,000
225 Derby St # 503
Salem, MA, 01970
Experience a luxury lifestyle in this sun-drenched, spacious 1 bedroom, 1-1/2 bath condo featuring mesmerizing harbor & ocean views atop the Salem Waterfront Hotel & Suites. Ideally set on Salem Harbor adjacent to the elegant boutiques & world-class eateries at Pickering Wharf & Marina. Includes access to hotel amenities, including a heated pool. Open layout features a living/dining area w/ gas fireplace, Juliet balcony, & large windows showcasing water views. The kitchen gleams w/ brand-new stainless LG appliances & granite countertops. Central air, in-unit washer/dryer, elevator & parking just steps from the entrance add convenience. Pets allowed w/ approval. Salem residents enjoy free admission to Peabody Essex Museum & The House of Seven Gables. A fast commute to Boston by MBTA Commuter Rail & Salem Ferry. Getting around Salem is easy by Bluebikes, & Salem Skipper rideshare. Walk to historic downtown, Salem Maritime National Park, Essex Street Pedestrian Mall, & Salem Common.
Property Details
Price:
$610,000
MLS #:
73481755
Status:
Pending
Beds:
1
Baths:
1.5
Type:
Condo
Subtype:
Condominium
Listed Date:
Mar 3, 2026
Finished Sq Ft:
1,151
Total Sq Ft:
1,151
Lot Size:
39,648 sqft / 0.91 acres (approx)
Year Built:
2004
Schools
Interior
Above Grade Finished Area
1151
Appliances
Range, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Washer, Dryer
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Cooling
Central Air, Unit Control
Fireplaces Total
1
Flooring
Carpet, Marble, Hardwood
Heating
Forced Air, Natural Gas
Interior Features
Elevator
Laundry Features
In Unit, Electric Dryer Hookup, Washer Hookup
Exterior
Accessibility Features
Accessible Entrance
Association Amenities
Pool, Elevator(s)
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Marina, Public School, T-Station, University
Open Parking Spaces
1
Parking Features
Off Street, Assigned
Parking Spots
1
Parking Total
1
Security Features
Intercom
Stories
1
Waterfront Features
Waterfront, Ocean, Harbor, Marina, Public, Ocean, 1 to 2 Mile To Beach
Window Features
Insulated Windows
Financial
HOA Fee
$516
HOA Fee Frequency
Monthly
HOA Includes
Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Tax Year
2026
Taxes
$6,305
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…
More About MarieMortgage Calculator
Map
Community
- Address225 Derby St # 503 Salem MA
- CitySalem
- CountyEssex
- Zip Code01970
Subdivisions in Salem
Similar Listings Nearby
Property Summary
- 225 Derby St # 503 Salem MA is a Condo for sale in Salem, MA, 01970. It is listed for $610,000 and features 1 beds, 2 baths, and has approximately 1,151 square feet of living space, and was originally constructed in 2004. The current price per square foot is $530. 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#73481755 at 225 Derby St # 503 in Salem, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of RE/MAX Destiny. 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.
225 Derby St # 503
Salem, MA

























