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Back 13 Ocean Terrace
Off Market

13 Ocean Terrace

Salem MA 01970

7
5
5
3647 sq. ft.
5667 sq. ft.
Other
Last sold for $1,400,000
Shannon McInnisShannon McInnis, last sold this property on 29 August 2025 after 49 days on market.

Overview

Wake up to the sound of the ocean and watch the sunrise from your window—this is everyday life at this rare 4-family home in Salem’s beloved Forest River Park neighborhood. With ocean views from nearly every room, this property offers the perfect blend of lifestyle and income. The flexible layout features three bright and efficient 1-bedroom, 1-bath units, plus a sun-filled 3–4 bedroom, 2-bath townhouse-style unit—ideal for owner-occupancy or maximizing rental potential. Enjoy two updated kitchens, several refreshed baths, beautiful hardwood floors, and a roof replaced less than 3 years ago. With five off-street parking spots and a shared yard, outdoor living is just as appealing as the view. Enjoy mornings at Forest River Park, spend weekends on nearby beaches, and explore downtown Salem’s shops, restaurants, and culture—all just minutes from your door. Whether you’re building a portfolio or dreaming of coastal living with bonus income, this one-of-a-kind property delivers.

Features

7 bedrooms
5 bathrooms
5 carspaces
3647 sq. ft. floor area
5667 sq. ft. lot size
Other

Estimated Value

Based on this property and similar 7 bedroom other properties sold in Salem over the last 12 months, the estimated median property value of 13 Ocean Terrace is $954.5k.

Median value
$954.5k
Estimated value range
$699.9k - $1.4m
Median days on market
16
Estimated value trend
-7%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Salem. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 13 Ocean Terrace

2025
Sold
$1,400,000
29 Aug 2025 by Shannon McInnis, of Keller Williams Evolution - Beverly

Happy sellers in Salem

96%
96% of sellers in Salem reported that their sale price either exceeded or met their price expectations.

Salem stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Salem over the last 12 months.

Local market activity for 7 bedroom other properties in Salem

In the last 12 months, 5 seven-bedroom other properties similar to 13 Ocean Terrace, have been sold.

This represents a 20% decrease in seven-bedroom other properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Salem

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Kathy & Terry Sullivan

Sellers who recommend Kathy & Terry Sullivan have praised them for being local expert, supportive, responsive, detail-oriented, clear communication, dedicated, and reliable

  •   5   (86 reviews)
  •  2 Reviews in Salem
  •  2 Sales in Salem
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Sean K Connelly

Sellers who recommend Sean K Connelly have praised them for being local expert, clear communication, responsive, reliable, supportive, friendly, and trustworthy

  •   5   (51 reviews)
  •  2 Reviews in Salem
  •  2 Sales in Salem
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Rita Lu

Rita Lu is a recommended agent for Salem.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   4.9   (19 reviews)
  •  2 Reviews in Salem
  •  2 Sales in Salem
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Carol St. Pierre

Carol St. Pierre is a recommended agent for Salem.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (3 reviews)
  •  1 Review in Salem
  •  2 Sales in Salem
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