**ATTENTION BUILDERS, DEVELOPERS & REAL ESTATE INVESTORS!** Rare redevelopment opportunity in desirable **West Peabody**. Located at **4 Pinewood Road, Peabody, MA**, this property is likely a **tear-down** and offers an exciting opportunity for a builder, developer, or investor looking to unlock the potential of a **level lot in an established residential neighborhood**.Potential redevelopment possibilities may include construction of a **new single-family home or possible two-unit/condex-style project**, subject to zoning, permitting, municipal approvals, and buyer due diligence.Conveniently located near major highways, shopping, schools, and area amenities, this property offers an attractive location for new construction.**Property is being marketed primarily for its redevelopment potential and is being sold as-is.** Buyers and buyers' agents are responsible for independently verifying all information, including lot dimensions, zoning, allowable use, utilities, permitting requirements, and development potential with the City of Peabody. Seller and listing agent make no representations or warranties regarding the property's suitability for any particular use or development.**Bring your plans, your builder, and your vision—opportunities like this in West Peabody are hard to find.**
Pending
$500,000
4 Pinewood Rd, Peabody, MA 01960
4beds
1,822sqft
Multi Family
Built in 1963
-- sqft lot
$544,500 Zestimate®
$274/sqft
$-- HOA
What's special
- 4 days
- 51
- 0
Zillow last checked:
Listing updated:
Listed by:
Michael Behan 603-235-8600,
Chinatti Realty Group, Inc. 978-320-3377
Source: MLS PIN,MLS#: 73569725
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,822
- Total interior livable area: 1,822 sqft
- Finished area above ground: 1,822
Property
Parking
- Total spaces: 5
- Parking features: Paved Drive
- Uncovered spaces: 5
Lot
- Size: 0.36 Acres
- Features: Fill Needed, Level
Details
- Parcel number: M:0022 B:0142,2097979
- Zoning: R1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Concrete Perimeter
Condition
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Peabody
Financial & listing details
- Price per square foot: $274/sqft
- Tax assessed value: $624,900
- Annual tax amount: $5,787
- Date on market: 9/21/2026
- Total actual rent: 0
Estimated market value
$544,500
$517,000 - $577,000
$4,646/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/30/2026 | Pending sale | $500,000$274/sqft |
Source: MLS PIN #73569725 Report a problem | ||
| 8/29/2026 | Listed for sale | $500,000$274/sqft |
Source: MLS PIN #73569725 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,787 +2.9% | $624,900 +1.3% |
| 2024 | $5,623 +14.3% | $616,600 +19.4% |
| 2023 | $4,918 | $516,600 |
| 2022 | $4,918 -2.6% | $516,600 +7.4% |
| 2021 | $5,047 +4.6% | $481,100 +7.1% |
| 2020 | $4,824 +1.7% | $449,200 +4.3% |
| 2019 | $4,743 +3.4% | $430,800 +7.6% |
| 2018 | $4,587 +0.5% | $400,300 +3.1% |
| 2017 | $4,566 -2.9% | $388,300 -1.6% |
| 2016 | $4,702 +8.7% | $394,500 +12.2% |
| 2015 | $4,325 +2.8% | $351,600 +3.7% |
| 2014 | $4,206 +3.7% | $339,200 +0.2% |
| 2013 | $4,054 +1.7% | $338,400 +0.3% |
| 2012 | $3,988 +2.1% | $337,400 |
| 2011 | $3,907 +19.8% | $337,400 +8.6% |
| 2010 | $3,261 +4.6% | $310,600 -7.3% |
| 2009 | $3,117 +1.5% | $335,200 -5.3% |
| 2008 | $3,070 -1.5% | $354,100 -11.8% |
| 2007 | $3,116 +4.5% | $401,500 +2.3% |
| 2006 | $2,981 +0.5% | $392,300 +9.8% |
| 2005 | $2,965 +2.6% | $357,200 |
| 2004 | $2,890 +7.7% | $357,200 +25.8% |
| 2003 | $2,683 +25.4% | $283,900 +10% |
| 2001 | $2,140 +14.3% | $258,200 +34.2% |
| 1999 | $1,872 | $192,400 |
Find assessor info on the county website
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