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Maggie Li

I'm Maggie Li, a Newton, MA real estate agent serving first-time buyers, luxury clients and sellers across Greater Boston in English & Mandarin. Let's find your home.

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  • 1229 Centre Street, Newton Centre, MA, USA
  • (774) 222-0952
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© 2026 Maggie Li. All rights reserved.
Equal Housing Opportunity. Information deemed reliable but not guaranteed.

  1. Home
  2. Listings
  3. 20 Greenwood Road, Peabody, MA 01960
Active Under Contract
15 Days on market
20 Greenwood Road Peabody — Photo 1 of 42

20 Greenwood Road Peabody — Photo 1 of 42

$525,000

20 Greenwood Road, Peabody, MA 01960

Peabody, MA 01960 — South Peabody

Beds

3

Baths

1

SqFt

1,054

Style

Single Family

Built

1948

Welcome home to this beloved South Peabody ranch — don't miss your chance to make it your own! Lovingly maintained and brimming with potential, this charming 3-bedroom ranch sits in one of South Peabody's most desirable neighborhoods, offering the ease of one-level living paired with rock-solid bones. Step inside to hardwood floors spanning the bedrooms, hall, and living room. The sun-filled living room is anchored by a cozy wood-burning fireplace, perfect for New England evenings. The eat-in kitchen offers everyday functionality and is ready for your personal touch, while replacement windows and vinyl siding provide low-maintenance peace of mind for years to come. A 1-car garage and full basement offer abundant storage — or exciting potential for future expansion into additional living space. Out back, an enclosed heated porch extends your living space year-round, ideal as a sunroom, home office, or den. A natural wooded backdrop delivers privacy and a low-maintenance outdoor retreat. With the kitchen and bath ready for your vision, this is a rare chance to build instant equity by customizing a home to fit your exact style — from a fresh coat of paint to a full renovation, the possibilities are yours to shape. Ideally located near shopping, dining, top-rated schools, parks, and easy access to Routes 1, 95, and 128 — commuting and daily errands couldn't be more convenient. This is the opportunity you've been waiting for. Come see the possibilities for yourself!

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$498/sqft
Local Avg (Peabody)$394/sqft
26% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Peabody, MA.

Property Details

Financials

Original Price$525,000
Annual Taxes$3,901

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms5
Fireplaces1
FlooringTile, Hardwood
BasementWalk-Out Access, Unfinished

Climate & Utilities

HeatingForced Air, Oil
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter
ZoningR1A

Property & Lot

Acres0.34
SqFt Lot15,002
Lot FeaturesWooded, Steep Slope

Amenities & Appliances

Water Heater • Range • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Walk/Jog Trails • Golf • House of Worship

Geography

Floorplan Breakdown

Structural Layout

First
Bathroom 1
Main,First
Living RoomKitchenMaster BedroomBedroom 2Bedroom 3
Living Room
Lvl Main,First

18.5 x 12.083333333

Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box

Kitchen
Lvl Main,First

18.083333333 x 9.583333333

Closet, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Dining Area

Master Bedroom
Lvl Main,First

13.25 x 10.083333333

Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box

Bedroom 2
Lvl Main,First

10.916666666 x 10.083333333

Bedroom 3
Lvl Main,First

9.833333333 x 8.083333333

Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box

Bathroom 1
Lvl First

Bathroom - Tiled With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box

Population

54,474

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$97K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

34.6%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 527 sq ft (the lesser of 900 sq ft or half the 1,054 sq ft principal dwelling). Lot size: 15,002 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Full Peabody, MA market report ZIP 01960 market data
Listing Provided By

Listing Agent: Denise Mccarthy

Listing Office: Provided by MLS PIN

MLS® Number: 73559262

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