Experience the pinnacle of lakefront luxury living at 20 Gillis Terrace—an exceptional sun-drenched ~7,123 sqft residence on your own private beach with deeded dock, just 40 minutes from Boston. Tucked in one of the most desirable Salem neighborhoods, this meticulously maintained 5-bedroom home blends grand scale with everyday luxury. The… Read More 1st-floor primary suite is a true retreat featuring a fireplace, spa-like bath with sauna shower, jacuzzi tub, double vanities, and European bidet. The chef’s kitchen offers granite counters, designer cabinetry, and high-end appliances including a professional-grade range and wine fridge—all flowing into an open-concept living and dining area with soaring ceilings, natural light, and gas fireplace. Upstairs, find additional bedrooms, full baths, and a cozy overlook. The finished walkout lower level stuns with a custom wet bar, gas fireplace, and half bath, while a renovated in-law apartment adds flexibility. Additional highlights include a new HVAC, professionally landscaped grounds, freshly painted interiors, hardwood floors, radiant floors, generator, surround sound, 3-car garage, outdoor fire pit, custom stone walls, and a newer 2-bedroom septic installed in 2020. A rare opportunity to own a truly expansive and turn-key lakefront home on Arlington Pond (269-acres). Property is being used as a 5 bedroom home with in-law but has a 2 bedroom septic system. Read Less
Courtesy of Sean Bakhtiari, Compass New England, LLC 978-248-8081
Listing Snapshot
Days Online
6
Last Updated
Property Type
Single Family
Beds
5
Full Baths
3
Partial Baths
2
Square Ft.
7,123
Lot Size
0.32 Acres
Year Built
2005
MLS Number
5052552
30 Days Snapshot Of 03079
$612k
0%
(avg) sold price
31
-8%
homes sold
14
+27%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage: Yes
Building
Basement: Yes, 13 rooms, Built in 2005, 7,123 total finished sqft, Total stories: 2, Construction status: Existing, 217 unfinished sqft above grade, 4,751 finished sqft above grade, 2,372 finished sqft below grade
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