Single Family Residence at 10 Summit Ter, Peabody
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$649,900

10 Summit Ter
Peabody, MA 01960
Listed by Alie Broom
Bedrooms
4
Bathrooms
2
Living area
1,104 sqft
Year built
1950

About this home

Welcome to 10 Summit Terrace! This well maintained and updated four bedroom, two bath Cape combines classic charm with comfortable everyday living. The main home offers a welcoming interior and a flexible bedroom layout, with space to accommodate a home office or hobbies. A standout feature is the separate, fully finished detached building, offering exciting possibilities beyond the main house. Whether you envision a game room, workout studio, dedicated workspace, or a place to relax and entertain, this bonus space is ready for your ideas. The converted garage bonus space already has electricity and a water hookup. Buyers can also explore potential conversion to an accessory dwelling unit, subject to applicable requirements and approvals. A versatile property with room to make it your own!

Highlights

Fireplace

Property details

MLS
MLS Property Information Network
MLS #
73589454
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
16
On market date
October 14, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
6
Lot size
0.14 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Center
0.37 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
419
Student:teacher ratio
15.5:1
District
Peabody
Middle
J Henry Higgins Middle
0.63 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,393
Student:teacher ratio
13.8:1
District
Peabody
High
Peabody Veterans Memorial High
1.5 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,455
Student:teacher ratio
12.1:1
District
Peabody

Walkability

Blended score for Peabody's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

77
Walkable
out of 100
EPA National Walkability Index
14.0 / 20 -- Above average walkable
Google Places amenity density
88 / 100
Restaurants & cafes11
Grocery stores3
Parks5
Schools4
Transit stops15
Pharmacies1

Market position

How this listing compares to current activity in Peabody, from live MLS data.

On the market 16 days -- 69 fewer days than Peabody's current average of 85 days.
For reference, the median list price across 257 active listings in Peabody right now is $489,777.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$4,064/mo
$129,980 down
$519,920 loan
Principal & interest$3,372
Property tax (est.)$542
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network. Last updated 6 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.