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5 Riverbank RdSalem, MA 01970

In Contract

$855,000

Smart Buyer Rebate $4,275

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.

Listed by Leonel Espinal

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Four Points Real Estate, LLC

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978-430-8134

Listed by Emilio Espinal

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Four Points Real Estate, LLC

Last updated October 23, 2025

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Source: MLSPin #73443057

Listing Facts

  • TypeSingle-family
  • NeighborhoodSouth Salem
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu10
  • Taxes$8,131/year
  • Size1,704 sqft
  • Price per sqft$502

Amenities

  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

10/24/2025
Status changed to In Contract
$855,000
10/14/2025
Listed by Four Points Real Estate, LLC
$855,000

Property Details for 5 Riverbank Rd

Association

Amenities

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Private School, Public School, T-Station

Exterior

Construction

  • Roof: Shingle
  • Window Features: Insulated Windows
  • Year Built: 1951
  • Year Built Details: Actual
  • Architectural Style: Tudor
  • Construction Materials: Frame
  • Exterior Features: Deck - Composite, Patio, Rain Gutters, Storage, Sprinkler System

Features

  • Patio And Porch Features: Deck - Composite, Patio
  • Road Frontage Type: Public
  • View: Scenic View(s)
  • Waterfront Features: Waterfront, Ocean, River, 0 To 1/10 Mile To Beach, Beach Ownership(Association)
  • Waterfront: Yes

Measurements

  • Building Area Total: 1,704
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.13
  • Lot Size Area: 0
  • Lot Size Square Feet: 5,602
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: M:31 L:0247,2133988
  • Tax Annual Amount: $8,131.00
  • Tax Assessed Value: $717,000.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Gas Water Heater, Tankless Water Heater, Range, Refrigerator
  • Fireplace: Yes
  • Fireplaces Total: 2
  • Flooring: Wood, Tile

Measurements

  • Living Area: 1,704
  • Living Area Source: Public Record

Rooms

  • Basement: Partial
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Rooms Total: 7

Other

Location

  • Subdivision Name: Forest River

Parking

Parking

  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Open Parking: Yes
  • Parking Features: Detached, Paved Drive
  • Parking Total: 3

Schools

Elementary School

  • Elementary School: Salltonstall

High School

  • High School: Salem High

Middle or Junior School

  • Middle Or Junior School: Salem Middle School

Utilities

Equipment

  • Cooling: Wall Unit(s)
  • Has Cooling: Yes
  • Electric: 110 Volts
  • Heating: Forced Air, Baseboard, Natural Gas
  • Has Heating: Yes
  • Laundry Features: Flooring - Laminate, In Basement, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: For Gas Range, For Electric Range, Washer Hookup
  • Water Source: Public

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. 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, leasing or renting 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, leasing or renting. MLS Property Information Network, Inc. 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.