Experience penthouse living at RIVERWALK SALEM, where sophisticated design meets effortless North Shore living. This spacious new three-bedroom, two-bath penthouse offers exceptional privacy, oversized windows, soaring ceilings, a private balcony, and a signature designer aesthetic. The Chef’s kitchen features Bosch stainless steel appliances, custom cabinetry, quartz countertops and backsplash, and opens to expansive living and dining spaces with European hardwood floors throughout. The luxurious primary suite offers a walk-in closet and spa-inspired bath with heated floors, double vanity, smart bidet, and seamless tiled shower. RIVERWALK amenities include indoor heated parking, elevator, state-of-the-art fitness center, Clubroom Lounge, and Riverside Outdoor Kitchen/Patio. Just moments from historic downtown Salem, dining, shopping, culture, and the commuter rail to Boston.
For sale
$1,000,000
16 Franklin St #1503, Salem, MA 01970
3beds
1,506sqft
Condominium
Built in 2025
-- sqft lot
$-- Zestimate®
$664/sqft
$742/mo HOA
What's special
Seamless tiled showerExceptional privacyPrivate balconySpa-inspired bathLuxurious primary suiteSophisticated designSignature designer aesthetic
- 4 days |
- 165 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Merry Fox Team 978-808-8064,
MerryFox Realty 978-808-8064,
Daniel Fox 978-808-8064
Source: MLS PIN,MLS#: 73564692
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
Bedroom 2
- Level: First
Bedroom 3
- Level: First
Primary bathroom
- Features: Yes
Bathroom 1
- Features: Bathroom - Full
- Level: First
Bathroom 2
- Features: Bathroom - Full
- Level: First
Dining room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central, Heat Pump, Electric
Cooling
- Heat Pump
Appliances
- Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
- Laundry: First Floor, In Unit
Features
- Elevator
- Flooring: Wood, Tile
- Windows: Insulated Windows
- Has basement: No
- Has fireplace: No
- Common walls with other units/homes: Corner
Interior area
- Total structure area: 1,506
- Total interior livable area: 1,506 sqft
- Finished area above ground: 1,506
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage Door Opener, Heated Garage, Deeded
- Attached garage spaces: 1
Accessibility
- Accessibility features: Accessible Entrance
Features
- Patio & porch: Deck
- Exterior features: Deck
- Has view: Yes
- View description: Water, Ocean, Sound
- Has water view: Yes
- Water view: Ocean,Sound,Water
- Waterfront features: Waterfront, Ocean, Sound, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Details
- Parcel number: 2132543
- Zoning: NRCC
- Other equipment: Intercom
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Frame
- Roof: Rubber
Condition
- Year built: 2025
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Highway Access, Public School, T-Station
- Security: Intercom, TV Monitor
HOA
- Amenities included: Elevator(s), Fitness Center, Clubroom
- Services included: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
- HOA fee: $742 monthly
Location
- Region: Salem
Financial & listing details
- Price per square foot: $664/sqft
- Date on market: 8/17/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Listed for sale | $1,000,000$664/sqft |
Source: MLS PIN #73564692 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 01970
Nearby schools
GreatSchools rating
- 5/10Carlton Elementary SchoolGrades: K-5Distance: 0.5 mi
- 6/10Collins Middle SchoolGrades: 6-8Distance: 0.9 mi
- NASalem Prep High SchoolGrades: 9-12Distance: 0.4 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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