Enjoy breathtaking water views and the ease of modern single-level living on the North Shore. This new, spacious penthouse 3-bedroom, 2-bath condominium is designed for the most discerning buyer. This residence features soaring ceilings, oversized windows, top-of-the-line finishes, and private balcony. The chef’s kitchen impresses with Bosch stainless appliances, custom cabinetry, and quartz counters and backsplash, opening to a bright, open-concept living and dining area with European oak hardwood floors. Gaze at the water from the serene primary suite with walk-in closet, heated bathroom floors, double vanity, smart bidet, and a seamless tiled shower. Exclusive amenities include indoor heated parking, elevator, Clubroom Lounge, state-of-the-art fitness center, and Riverside Outdoor Kitchen and Patio. Just across from vibrant historic downtown Salem and the train to Boston, this stunning condominium blends sophistication, comfort, and convenience in a truly exceptional setting.
Sold for $1,187,500
$1,187,500
16 Franklin St #2503, Salem, MA 01970
3beds
1,495sqft
Condominium
Built in 2025
-- sqft lot
$-- Zestimate®
$794/sqft
$-- Estimated rent
Home value
Not available
Estimated sales range
Not available
Not available
Zestimate® history
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List your homeWhat's special
Modern single-level livingSeamless tiled showerTop-of-the-line finishesPrivate balconyHeated bathroom floorsBreathtaking water viewsSerene primary suite
Zillow last checked:
Listing updated:
Listed by:
Merry Fox Team 978-808-8064,
MerryFox Realty 978-808-8064,
Daniel Fox 978-808-8064
Bought with:
Merry Fox Team
MerryFox Realty
Source: MLS PIN,MLS#: 73467805
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: 1,495
- Total interior livable area: 1,495 sqft
- Finished area above ground: 1,495
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: $794/sqft
- Date on market: 3/22/2026
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Sold | $1,187,500-3.1%$794/sqft |
Source: MLS PIN #73467805 Report a problem | ||
| 1/13/2026 | Listed for sale | $1,225,000$819/sqft |
Source: MLS PIN #73467805 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 01970
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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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- Massachusetts
- Essex County
- Salem
- 01970
- 16 Franklin St Unit 2503
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