20 Gillis Terrace

Salem NH 03079

7340 sq. ft.

13939 sq. ft.

Single-Family

Last sold for $1,890,000

Sean Bakhtiari, last sold this property on 02 September 2025 after -70 days on market.

Overview

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 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.

Features

5 bedrooms

5 bathrooms

3 carspaces

3 garage spaces

7340 sq. ft. floor area

13939 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Salem over the last 12 months, the estimated median property value of 20 Gillis Terrace is $806.5k.

Median value

$806.5k

Estimated value range

$540k - $1.89m

Median days on market

Estimated value trend

-18%

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.