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Idyllic private backyard with panoramic views of Forest River in Salem, MA, a short walking distance to the Marblehead Rail Trail and scenic views of Salem Harbor. Enjoy nature’s beauty while you barbecue and sit at the gorgeous deck or under the brand new pergola of this renovated two-bedroom, two bathroom Cape-style home with garage and ample additional parking. The first floor offers a spacious living room with full water views, hardwood floors, a beautiful gas fireplace and a full bathroom with steam. The bright and sunny kitchen overlooks the water and marsh and features stainless steel appliances and quartz countertops, and opens up to the dining room. Upstairs, retreat to a spacious master bedroom with ample storage and custom built-ins, a second bedroom and a stylish full bathroom. Enjoy the game with your friends in the finished basement that features a second gas fireplace, laundry, additional storage and space for an office or gym.
Current real estate data for Single Family in Salem as of Nov 17, 2025
53
Single Family Listed
124
Avg DOM
374
Avg $ / SqFt
$829,722
Avg List Price

Property Details

Price:
$855,000
MLS #:
73443057
Status:
Pending
Beds:
2
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Forest River
Listed Date:
Oct 14, 2025
Finished Sq Ft:
1,704
Total Sq Ft:
1,704
Lot Size:
5,602 sqft / 0.13 acres (approx)
Year Built:
1951
WaterfrontForest RiverSalltonstallSalem Middle SchoolSalem High

Schools

Elementary School:
Salltonstall
Middle School:
Salem Middle School
High School:
Salem High

Interior

Appliances
Gas Water Heater, Tankless Water Heater, Range, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
Wall Unit(s)
Fireplaces Total
2
Flooring
Wood, Tile
Heating
Forced Air, Baseboard, Natural Gas
Laundry Features
Flooring – Laminate, In Basement, Washer Hookup

Exterior

Architectural Style
Tudor
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Private School, Public School, T-Station
Construction Materials
Frame
Exterior Features
Deck – Composite, Patio, Rain Gutters, Storage, Sprinkler System
Parking Features
Detached, Paved Drive
Parking Spots
3
Roof
Shingle

Financial

Tax Year
2025
Taxes
$8,131

Map

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Community

Property Summary

    Located in the Forest River subdivision, 5 Riverbank Rd Salem MA is a Single Family for sale in Salem, MA, 01970. It is listed for $855,000 and features 2 beds, 2 baths, and has approximately 1,704 square feet of living space, and was originally constructed in 1951. The current price per square foot is $502. The average price per square foot for Single Family listings in Salem is $374. The average listing price for Single Family in Salem is $829,722. To schedule a showing of MLS#73443057 at 5 Riverbank Rd 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
5 Riverbank Rd
Salem, MA