**ATTENTION BUILDERS, DEVELOPERS & REAL ESTATE INVESTORS!** Rare redevelopment opportunity in desirable **West Peabody**. Located at **4 Pinewood Road, Peabody, MA**, this property is likely a **tear-down** and offers an exciting opportunity for a builder, developer, or investor looking to unlock the potential of a **level lot in an established residential neighborhood**.Potential redevelopment possibilities may include construction of a **new single-family home or possible two-unit/condex-style project**, subject to zoning, permitting, municipal approvals, and buyer due diligence.Conveniently located near major highways, shopping, schools, and area amenities, this property offers an attractive location for new construction.**Property is being marketed primarily for its redevelopment potential and is being sold as-is.** Buyers and buyers' agents are responsible for independently verifying all information, including lot dimensions, zoning, allowable use, utilities, permitting requirements, and development potential with the City of Peabody. Seller and listing agent make no representations or warranties regarding the property's suitability for any particular use or development.**Bring your plans, your builder, and your vision—opportunities like this in West Peabody are hard to find.**
| Units | 2 |
| Living area | 1,822 sqft |
| Lot size | 15,625 sqft |
| Year built | 1963 |
| Price / sqft | $274 |
| County | Essex |
| MLS # | 73569725 |
| Days on market | 0 days |
| Listed on | August 28, 2026 |
| Annual property tax | $5,787 |
| Tax year | 2025 |
| Assessed value | $624,900 |
| Zoning | R1 |
| Total actual rent | $0/mo |
| Stories | 3 |
| Total rooms | 9 |
| Lot size | 0.36 acres |
| Garage spaces | 0 |
| Parking spaces | 5 |
| Parking | Paved Drive |
| Basement | Full |
| Foundation | Concrete Perimeter |
| Sewer | Public Sewer |
| Water | Public |
More about investing in Peabody →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 2-unit multi-family property with 1,822 sqft of living area, built in 1963.
4 Pinewood Rd, Peabody MA 01960 has been listed for 0 days (since August 28, 2026).
At a list price of $500,000 across 2 units, that works out to roughly $250,000 per unit.
Annual property taxes are $5,787 (2025), on an assessed value of $624,900.
At $500,000 for 1,822 sqft, that's about $274 per square foot.
5 total parking spaces (paved drive).
4 Pinewood Rd, Peabody MA 01960 is in Peabody, Essex County, MA 01960.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.