Peabody Homes under $500,000

Welcome to Peabody, Massachusetts – a charming city nestled in Essex County that beautifully blends suburban tranquility with urban accessibility. Known for its rich history and vibrant community, Peabody offers residents a delightful mix of modern amenities and historic charm. With its roots dating back to the 17th century, the city boasts a variety of attractions, including the Peabody Essex Museum, local parks, and a thriving downtown area filled with shops, restaurants, and entertainment options.

For those seeking affordable housing options, Peabody presents an enticing opportunity with a selection of homes available for under $500,000. This price point opens the door for first-time homebuyers, growing families, and anyone looking to invest in a community that values both comfort and convenience. The housing market here features a variety of styles, from cozy single-family homes to well-appointed townhouses, ensuring that there’s something for everyone.

Living in Peabody means enjoying easy access to major highways, making commutes to Boston and surrounding areas a breeze. The city is also served by excellent schools, making it an ideal location for families. With its friendly atmosphere, beautiful parks, and a strong sense of community, Peabody is not just a place to live, but a place to thrive.

Explore the charming neighborhoods and discover your dream home in Peabody today – where affordability meets quality living in the heart of Essex County!

Newest Peabody Homes under $500,000

$319,950

4 Beds ⋅ 1 Baths ⋅ 73586106 MLS

Wonderful affordable opportunity to own a single family residence located in Peabody on a sleepy dead end street.Located minutes from all the conveniences Peabody has to offer, this very cute Cape home offers the perfect opportunity.A two vehicle detached garage with plenty of driveway parking offers unlimited potential.Home is currently occupied, BUYERS- PLEASE DO NOT DISTURB THE OCCUPANTS OR STEP FOOT ON THE PROPERTY.THE BUYER WILL BE RESPONSIBLE FOR THE REMOVAL OF THE CURRENT OCCUPANTS along with taking responsibility for CO certificate. Amazing opportunity for the right buyer in this very aggressive real estate market.Property being conveyed in AS IS, WHERE IS CONDITION.

20 Beacon Blvd, Peabody

$319,900

1 Beds ⋅ 1 Baths ⋅ 73584529 MLS ⋅ ['Chateaux Royale'] BLDG.

Welcome to Chateaux Royale! This charming top-floor one-bedroom condo offers easy, comfortable living in a convenient location. Enjoy the added privacy of being on the top floor, along with your own private balcony. Shared laundry facilities are conveniently located on each floor. The low condo fee includes heat and hot water. With shopping, dining, transportation, and everyday conveniences nearby, this is a wonderful opportunity to enjoy condo living in a well-located community. Come see all that this inviting home has to offer. Please join us at our Open House Sunday, October 4th 12n-1pm.

500 Northshore Road Unit 6C, Peabody

$475,000

2 Beds ⋅ 2 Baths ⋅ 73584337 MLS ⋅ ['Ledgewood Condominium'] BLDG.

Enjoy easy, single-level living in this spacious 1,535 sq. ft. garden-style condo in the desirable Ledgewood community. Set in a peaceful, well-maintained and professionally managed elevator building, this move-in-ready second-floor unit offers a comfortable and versatile layout with plenty of closet space and thoughtful storage throughout. The open floor plan features a generous living/dining room combination with access to the private balcony, creating a wonderful space to relax. The eat-in kitchen offers ample cabinetry and is conveniently located next to an in-unit laundry and storage/utility room. The spacious primary suite features a walk-in closet and ensuite bath with double vanity and shower, along with direct access to the private balcony. The generously sized second bedroom also offers a slider to the balcony, while a welcoming entry foyer provides additional closet space. Additional highlights include a second full bath, assigned lower-level garage parking conveniently located next to the elevator, and a private storage closet. Residents of Ledgewood enjoy an outdoor in-ground pool, clubhouse, tennis courts, and plenty of guest parking. Conveniently located near shopping, restaurants, major highways, and all that Peabody and the North Shore have to offer. A wonderful opportunity for comfortable, convenient condo living in a well maintained unit in desirable setting. Schedule a private showing or attend Open House Sat. 10/3 2-3:30.

10 Ledgewood Way Unit 10, Peabody

$450,000

2 Beds ⋅ 2 Baths ⋅ 73583627 MLS

Rare opportunity to purchase an updated 3 level townhouse featuring 2 bedrooms and 1.5 bathrooms. The main level is comprised of a living room, dining room with slider to patio, and a beautiful kitchen with white cabinets, quartz counters and stainless-steel appliances. A half bathroom completes this level. Upstairs has a master bedroom with walk in closet, a second bedroom, and a full bathroom. The basement features a family room, in unit laundry and large additional storage space. Other features include hardwood floors, central A/C and 2 off street parking spaces. The convenient location offers easy access to Rt. 128, downtown Peabody and the North Shore Mall. Hot water tank replaced summer 2026. Roof, heating system and central A/C are all approximately 40 years old. Some photos virtually staged. Buyer responsible for the cost of any lender required condo questionnaire.

129 Lowell Street Unit 4, Peabody

$459,000

2 Beds ⋅ 2 Baths ⋅ 73580301 MLS ⋅ ['Ledgewood Condominiums'] BLDG.

Ledgewood Way brings you into the well maintained Ledgewood Condominium Community. 4 Ledgewood Way welcomes you to the elevated third floor unit #21. Enter into the pristine 1020 square feet of bright sunny open living room and dining room with hardwood floors. Kitchen boasts hardwood floors, granite counters, stove, refrigerator, disposal, dishwasher and plenty of cabinet storage. The bright primary bedroom includes hardwood floors, full bath and walk in closet. The bright 2nd bedroom has hardwood floors and large closet, with full up dated bath room and linen closet in hallway. Step outside the living room onto the balcony over looking mature landscaping and seasonal pool. Large in unit utility and laundry room. Updates throughout include hardwood flooring, tiled bathroom floors, new furnace, air conditioner unit, washer and dryer, crown moulding and window treatments. Your parking is assigned with additional guest parking. On the lower level is the 9x12 storage unit to accomodate your extras. Condo fee $478. A must see and move in ready. Come experience all Peabody and the North Shore have to offer.

4 Ledgewood Way Unit 21, Peabody

$449,000

2 Beds ⋅ 1 Baths ⋅ 73578662 MLS ⋅ ['Chateau Royale'] BLDG.

Comfort, style and thoughtful updates come together in this inviting 2-bedroom condo, ideally located in the country’s current hottest ZIP Code, offering a rare opportunity as the first 2-bedroom to become available in this highly desirable complex since 2023! Offering 853 sq. ft. of well-designed living space, a neutral palette and high ceilings create a bright, spacious feel, while thoughtfully placed built-ins add both character and function. The living room is warm and welcoming with recessed lighting and an electric fireplace, opening directly to a private gated deck that extends the living space outdoors. The updated kitchen blends style and practicality with granite countertops, stainless steel appliances and a center island with seating and storage. The primary bedroom features two closets with built-in storage, while the second bedroom offers a double closet along with additional built-ins. An upgraded bath with extensive tilework, a glass-enclosed shower and granite-topped vanity complements the home’s clean, polished feel. A $360 monthly condo fee that INCLUDES HEAT adds even more value! Everyday conveniences include two wall-unit A/Cs, a laundry room just one door down the hall, additional private storage, two assigned parking spaces and ample guest parking. Beyond the unit, enjoy the association’s inground pool and the Independence Greenway extension currently underway along Northshore Road. With shopping, dining and major highways nearby, this is an opportunity to enjoy easy condo living with comfort, character and convenience in a Peabody location that’s getting attention for all the right reasons!

500 Northshore Rd Unit 11A, Peabody

$349,000

2 Beds ⋅ 2 Baths ⋅ 73577637 MLS

Welcome to 107 Foster Street, a bright and inviting two-bedroom, 1.5-bathroom condo situated on the third floor of a premier elevator building close to the heart of downtown Peabody. This well-maintained 27-unit community offers the convenience of assigned parking along with additional spaces for guests.Inside, the home features a seamless open-concept layout, perfectly integrating the kitchen, dining, and living areas for modern living. The primary suite is a true retreat, offering generous proportions, a walk-in closet, and a private half-bathroom. The second bedroom is equally impressive, providing ample space for a king-sized bed and excellent storage. The full bathroom is thoughtfully positioned between both bedrooms, creating an ideal flow for the home. Practicality meets comfort with central air conditioning and a dedicated laundry closet featuring washer and dryer hookups. With quick access to major highways and all the vibrant shops and restaurants of downtown Peabody just moments away, this home offers a perfect blend of style and accessibility. With so much potential, this unit is a no brainer!

107 Foster St Unit 304, Peabody

$485,000

2 Beds ⋅ 2 Baths ⋅ 73577457 MLS ⋅ ['Ledgewood'] BLDG.

Welcome to desirable Building 12 at Ledgewood! Step into the welcoming foyer with a convenient coat closet and an impressive 1,535 sq. ft. of one-level living. The oversized, front-to-back living and dining room features a large picture window and flexible open layout. Wood laminate flooring extends throughout the living room, dining room, hallway, and both bedrooms, creating a cohesive flow. A private balcony overlooking beautiful greenery can be accessed from the living room, hallway, and bedrooms. The spacious galley-style kitchen offers granite counters and plenty of room to enjoy meals at your table in the sun-filled eat-in area, where a large window brings in an abundance of natural light. At the opposite end, the in-unit washer and dryer add everyday convenience. The generously sized primary bedroom features a walk-in closet and oversized private bath, while a second bedroom and full bath complete the space. Minor cosmetic updates offer the next owner an opportunity to make it their own while creating instant equity. Elevator access leads to the highly desirable one-car garage parking space and private storage closet. Ledgewood residents enjoy an in-ground pool, renovated clubroom, abundant guest parking, professional management, high owner occupancy, beautifully landscaped grounds that bloom throughout the seasons, and the convenience of incoming and outgoing mail right in the building. Enjoy everything Peabody and the Ledgewood community have to offer, with easy access to major highways, shopping, restaurants, and more!This is a non smoking complex. Pets need prior approval from association

12 Ledgewood Way Unit 21, Peabody

$249,999

1 Beds ⋅ 1 Baths ⋅ 73576771 MLS

One-bedroom condominium in a professionally managed building in downtown Peabody featuring off-street parking, in-unit laundry, and elevator access; all appliances, including the washer, dryer, and hot water tank were replaced within the past year. Text listing agent for tour, easy to show.

80 Foster St Unit 307, Peabody

10 Crowninshield Street Unit 306, Peabody

$480,000

2 Beds ⋅ 2 Baths ⋅ 73571630 MLS ⋅ ['Peabody Crossing'] BLDG.

Located in the heart of downtown Peabody, this beautifully renovated 2-bedroom, 2-bathroom condo offers comfortable, low-maintenance living in a well-maintained complex. The spacious unit features an inviting living room, a modern kitchen with brand-new stainless-steel appliances and granite countertops, and new hardwood flooring throughout. Additional updates include a brand-new central A/C system, new bathroom vanities, and fresh paint throughout. The generous primary bedroom provides plenty of space and comfort, while the equally spacious second bedroom offers flexibility for guests, a home office, or additional living space.Enjoy the convenience of one deeded off-street parking space and easy access to downtown Peabody, local restaurants and shops, and major routes including Route 128.Don't miss this opportunity to own a beautifully updated condo in a convenient location! Schedule your private showing to see this true gem!!

10 Crowninshield Street Unit 306, Peabody

$289,900

2 Beds ⋅ 2 Baths ⋅ 73570106 MLS

PRECONSTRUCTION ON THIS MANUFACTUTED HOME NEW CONSTRUCTON LARGEST AND NICEST HOME IN PEBODY. LIVE IN THE USAS HOTTEST ZIP CODE HUGE 14 X 66 2 BEDROOM 2 BATH UNIT LOCATED IN VERY DESIRABLE MOBILE ESTATES, LARGE YARD VERY DESIRABLE PARK KING SIZED BEDROOMS FULLY APPLIANCED KITCHEN WITH STAINLESS STEEL APPLIANCES, TOP QUALITY THROUOUT, LARGE DRIVEWAY FULL SIZE LAUNDRY , NICE PRIVATE YARD PARK RENT ONLY 228 A MONTH INCLUDES, RE TAXES, WATER AND SEWER, RUBBISH REMOVAL, SNOW PLOWING AND COMMON AREA MAINTENANCE... ONE YEARS MANUFACTURES WARRANTY, GREAT LOCATION VERY QUIET , DONT MISS THIS CHANCE TO HAVE YOUR BRAND NEW HOME......2026 CHAMPION 14 X66 QUALITY NEW CONSTRUCTION AT AN AFFORDABLE PRICE

286 Newbury Unit 10, Peabody

$405,000

3 Beds ⋅ 1 Baths ⋅ 73569241 MLS

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.

48 Home Street, Peabody

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