• $1,200,000List Price
  • 3Bedrooms
  • 2Bathrooms
  • 2025Year Built
  • 1,569Square Feet

Perched atop RIVERWALK, this exceptional penthouse residence offers luxury single-level living with sweeping river and city skyline views. Ideally located minutes from commuter rail service to Boston and the acclaimed dining, shopping, and cultural attractions of historic downtown Salem, it combines urban convenience with waterfront tranquility. The thoughtfully designed three-bedroom, two-bath layout features soaring ceilings, oversized windows, and an open-concept living space finished with wide-plank European oak flooring. The chef-inspired kitchen showcases Bosch appliances, custom cabinetry, and elegant quartz surfaces. The private primary suite includes a walk-in closet and a spa-like bath with radiant heated floors, dual vanities, glass shower, and smart bidet. Amenities include heated indoor garage parking, elevator access, Clubroom Lounge, fitness center, and a beautifully landscaped riverside patio.

More Info

Basic Information

  • Bedrooms3
  • Mls StatusNew
  • Bathroom2
  • Parcel Number 2132543
  • Unit Number2501

Location

  • Address16 Franklin Street
  • Building Number16
  • CountyEssex
  • StateMA
  • StreetFranklin Street
  • TownSalem
  • Zip01970

Interior

  • Flooring Wood, Tile
  • Interior Features Elevator

Utilities

  • Cooling Heat Pump
  • Cooling YN Yes
  • Electric Circuit Breakers
  • Heat SystemYes
  • Heating Central, Heat Pump, Electric
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Accessibility Features Accessible Entrance
  • Amenities
    • Golf
    • Highway Access
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Tennis Court(s)
  • Appliances IncludedRange, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Association Amenities Elevator(s), Fitness Center, Clubroom
  • Other AmenitiesGolf, Tennis, Waterfront, Water View
  • PetsYes
  • Security Features Intercom, TV Monitor

Tax Information

  • Tax Year 2025

Rooms

  • Bathroom 1 First
  • Bathroom 2 First
  • Bathrooms Total Decimal 2
  • Bedroom 2 First
  • Bedroom 3 First
  • Dining Room First
  • Full Bath2
  • Kitchen First
  • Living Room First
  • Master Bedroom First

Property

  • Entry Location Unit Placement(Upper)

Exterior

  • Exterior Features Deck
  • RoofRubber

Property Information

  • Square Feet1,569
  • Building Area Source Plans
  • Living Area 1,569
  • Lot Size Units Acres
  • Structure Type Garden

Water Body

  • Miles to Beach0.1
  • WaterfrontYes
  • Waterfront Features Waterfront, Ocean, Sound, Ocean,0 to 1/10 Mile To Beach, Beach Ownership(Public)

Parking

  • Parking Spaces1
  • Covered Spaces 1
  • Garage YN Yes
  • Parking Features Attached, Garage Door Opener, Heated Garage, Deeded

Basic Information

  • List Price$1,200,000
  • MLS Number73540185
  • Modification Date06/23/2026
  • Property SubTypeCondominium

Building

  • Attached Garage YN Yes
  • BasementN
  • Building Area Units Square Feet
  • Common Walls Corner
  • Construction Materials Frame
  • Entry Level 2
  • Garage Spaces1
  • Patio And Porch Features Deck
  • Rooms6
  • Stories1
  • Window Features Insulated Windows
  • Year Built2025
  • Year Built Details Actual
  • Year Built Source Owner

Legal

  • ZoningNRCC

Other

  • Association Fee $776
  • Association Fee Frequency Monthly
  • Association Fee Includes
    • Insurance
    • Maintenance Grounds
    • Maintenance Structure
    • Reserve Funds
    • Sewer
    • Snow Removal
    • Trash
    • Water
  • Date Listed06/23/2026
  • Farm Land Area Units Square Feet
  • Other Equipment Intercom

Map Location

Driving Directions

Listed by Merry Fox Team of MerryFox Realty

Salem, MA Demographics

There is no data available

Salem, MA Real Estate Market Data

There is no data available

Salem, MA Schools

School NameDistanceTypeGrades

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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