MLS #73567403 image #0
Experience the best of waterfront living in one of Salem’s most desirable neighborhoods-Collins Cove. Beautifully updated home offers a rare opportunity to enjoy direct water access with a private dock that accommodates a boat, making it easy to explore Beverly/Salem Harbor and the North Shore coastline. The home features two master suites, including a master suite with a private balcony overlooking the ocean. Expansive outdoor decks provide multiple living spaces for dining, relaxing, and enjoying water views. Professionally landscaped grounds create a private outdoor oasis complete with a fire pit, offering the perfect setting for gatherings with family and friends. Just moments from downtown Salem’s renowned restaurants, boutiques, museums, commuter rail, and waterfront park, this exceptional Collins Cove residence combines the tranquility of coastal living with the convenience of city amenities. A rare offering where everyday feels like a vacation.
Current real estate data for Single Family in Salem as of Oct 17, 2026
64
Single Family Listed
153
Avg DOM
381
Avg $ / SqFt
$757,563
Avg List Price

Property Details

Price:
$1,475,000
MLS #:
73567403
Status:
Pending
Beds:
3
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
salemwillows
Listed Date:
Aug 24, 2026
Finished Sq Ft:
2,072
Total Sq Ft:
2,072
Lot Size:
5,619 sqft / 0.12 acres (approx)
Year Built:
1949
ContemporaryWaterfrontTennisSalem WillowsSalemwillowsBentleySaltonstallSalem High School

Schools

Elementary School:
Bentley
Middle School:
Saltonstall
High School:
Salem High School

Interior

Above Grade Finished Area
2072
Appliances
Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Range Hood, Plumbed For Ice Maker
Bathrooms
3 Full Bathrooms
Cooling
Heat Pump, Ductless, Whole House Fan
Fireplaces Total
1
Flooring
Tile, Hardwood
Heating
Baseboard, Radiant, Heat Pump, Natural Gas, Active Solar, Wood Stove, Ductless
Interior Features
Internet Available – Broadband
Laundry Features
First Floor, Gas Dryer Hookup, Washer Hookup

Exterior

Architectural Style
Contemporary
Attached Garage YN
1
Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station, University, Sidewalks
Construction Materials
Frame
Covered Spaces
2
Exterior Features
Deck, Deck – Wood, Deck – Composite, Patio, Balcony, Rain Gutters, Storage, Professional Landscaping, Sprinkler System, Decorative Lighting, Screens, Fenced Yard, City View(s), Fruit Trees, Stone Wall
Fencing
Fenced/Enclosed, Fenced
Garage Spaces
2
Green Energy Efficient
Attic Vent Elec.
Lot Features
Gentle Sloping
Open Parking Spaces
6
Open Parking YN
1
Parking Features
Attached, Garage Door Opener, Storage, Workshop in Garage, Insulated, Paved Drive, Off Street, Driveway, Paved
Parking Spots
8
Parking Total
8
Patio And Porch Features
Deck, Deck – Wood, Deck – Composite, Patio
Roof
Shingle
View
Scenic View(s), City
Waterfront Features
Waterfront, Ocean, Harbor, Dock/Mooring, Deep Water Access, Private, Harbor, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Window Features
Insulated Windows, Screens

Financial

Tax Year
2027
Taxes
$12,369

Map

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Property Summary

    55 Memorial Dr Salem MA is a Single Family for sale in Salem, MA, 01970. It is listed for $1,475,000 and features 3 beds, 3 baths, and has approximately 2,072 square feet of living space, and was originally constructed in 1949. The current price per square foot is $712. The average price per square foot for Single Family listings in Salem is $381. The average listing price for Single Family in Salem is $757,563. To schedule a showing of MLS#73567403 at 55 Memorial Dr in Salem, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

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55 Memorial Dr
Salem, MA