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Stylish Penthouse with Harbor Views! Live the good life at Pickering Wharf in this sleek 2BR/2BA corner penthouse at the celebrated Salem Waterfront Hotel. This luxurious sun-splashed unit offers a lovely open floor plan with cathedral ceilings, gas fireplace and Juliet balcony overlooking vibrant city and harbor views. The designer granite and stainless kitchen flows into the bright living and dining space—perfect for entertaining. The primary suite features a large walk-in closet and a spacious private bath. Enjoy exclusive hotel amenities including a heated indoor pool, on-site dining and bar and patio access . Units are rarely offered at this highly desirable complex and deeded parking is included. Moments from historic downtown Salem, the PEM, commuter rail, ferry to Boston, and the best in dining, shopping, and seaside charm. Welcome to 225 Derby Street—where every day feels like a getaway.
Current real estate data for Condo in Salem as of Oct 07, 2025
83
Condo Listed
78
Avg DOM
439
Avg $ / SqFt
$581,322
Avg List Price

Property Details

Price:
$709,900
MLS #:
73415103
Status:
Active Under Contract
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Neighborhood:
downtown
Listed Date:
Aug 7, 2025
Finished Sq Ft:
1,455
Total Sq Ft:
1,455
Lot Size:
39,648 sqft / 0.91 acres (approx)
Year Built:
2004
WaterfrontPoolTennisParking TotalThe Salem Waterfront Hotel And SuitesDowntownDowntownCollins MiddleSalem High & CharterPets Allowed

Schools

Middle School:
Collins Middle
High School:
Salem High & Charter

Interior

Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air, Unit Control
Fireplaces Total
1
Flooring
Carpet, Wood Laminate
Heating
Forced Air, Natural Gas
Laundry Features
Laundry Closet, Flooring – Laminate, Flooring – Wood, Main Level, Gas Dryer Hookup, Recessed Lighting, Washer Hookup, In Unit

Exterior

Association Amenities
Pool, Elevator(s)
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Construction Materials
Brick, Stone
Exterior Features
Patio, Covered Patio/Deck, Decorative Lighting, City View(s), Screens, Professional Landscaping, Sprinkler System
Parking Features
Off Street, Deeded
Parking Spots
1
Roof
Shingle
Security Features
Intercom, Security System

Financial

HOA Fee
$659
HOA Frequency
Monthly
HOA Includes
Insurance, Security, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Reserve Funds
Tax Year
2025
Taxes
$7,024

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Property Summary

    225 Derby St # 608 Salem MA is a Condo for sale in Salem, MA, 01970. It is listed for $709,900 and features 2 beds, 2 baths, and has approximately 1,455 square feet of living space, and was originally constructed in 2004. The current price per square foot is $488. The average price per square foot for Condo listings in Salem is $439. The average listing price for Condo in Salem is $581,322. To schedule a showing of MLS#73415103 at 225 Derby St # 608 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.,…

More About James
225 Derby St # 608
Salem, MA