48 Home Street Peabody — Photo 1 of 35
Recent Drop: $50,000
$405,000
48 Home Street, Peabody, MA 01960
Peabody, MA 01960
Beds
3
Baths
1
SqFt
864
Style
Single Family
Built
1962
This charming three-bedroom, one-bathroom ranch offers classic single-level living with incredible upside for investors, contractors, or ambitious DIY buyers. Located just minutes from vibrant Peabody amenities, this home features a practical layout, a functional eat-in kitchen, and an attached sunroom that overlooks an inground pool. While the property requires significant structural repairs, it presents a powerful opportunity to build equity and customize a classic home to your exact tastes. Agents: Kindly read all showing instructions, firm remarks and/or disclosures.
Key facts
It was listed on August 27, 2026. The price has come down from an original $455,000 to $405,000, most recently on September 25, 2026. The annual property taxes are $3,798 (2025 tax year). It sits on a 0.14-acre (6,268 sq ft) lot.
Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Peabody, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Refrigerator
Neighborhood
Shopping • Park • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Hardwood, Window(s) - Bay/Bow/Box
Kitchen
Lvl Main,FirstFlooring - Vinyl, Dining Area
Primary Bedroom
Lvl Main,FirstCloset, Flooring - Hardwood, Window(s) - Bay/Bow/Box
Bedroom 2
Lvl Main,FirstBedroom 3
Lvl Main,FirstCloset, Flooring - Hardwood, Window(s) - Bay/Bow/Box
Bathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box
Property History
$405,000
Was $455,000
Sep 25, 2026
MLS® 73569241
$455,000
Aug 27, 2026
MLS® 73569241
Questions about this home
When was 48 Home Street, Peabody listed?
48 Home Street, Peabody was listed on August 27, 2026.
Has the price of 48 Home Street, Peabody changed?
The price has come down from an original $455,000 to $405,000, most recently on September 25, 2026.
What are the property taxes for 48 Home Street, Peabody?
The annual property taxes for 48 Home Street, Peabody are $3,798 (2025 tax year).
How big is the lot at 48 Home Street, Peabody?
48 Home Street, Peabody sits on a 0.14-acre (6,268 sq ft) lot.
What is the status of 48 Home Street, Peabody?
48 Home Street, Peabody is actively listed for sale.
Population
54,474
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$97K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
34.6%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Essex County
1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 432 sq ft (the lesser of 900 sq ft or half the 864 sq ft principal dwelling). Lot size: 6,268 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Listing Agent: Sharon F. Power
Listing Office: Silva Realty Group, Inc.
MLS® Number: 73569241
