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  5. 1 Ledgewood Way
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1 Ledgewood Way

1 Ledgewood Way, Peabody, MA, 01960
Ledgewood

YEAR BUILT

1980

# STORIES

1

# TOTAL UNITS

42

UNIT SIZE RANGE

794-1,470 sqft

Description

1 Ledgewood Way is located in Peabody, MA. The building sits near the intersection of U.S. Route 1 and Elliott Street. This low-rise condominium was built in 1980 and consists of 42 units. It offers a range of unit sizes from 794 to 1,470 square feet. Bedrooms include options for 1, 2, or 3. Prices for units vary from $427,500 to $465,000. The average closing price for the last year is about $465,000, with a price per square foot at $396. Units typically spend around 36 days on the market. Residents can enjoy many amenities, including an in-ground pool and tennis courts. A clubhouse provides space for gatherings, and there is ample guest parking. An elevator allows easy access to all floors, while on-site management handles day-to-day needs. Some units may have private balconies and ground-level storage. Nearby, various points of interest enhance daily living. The area includes parks, golf courses, and bike paths for outdoor activities. Public transportation options are accessible, making travel simple. Schools such as McVannokeefe Public School and Expressions In Dance provide educational opportunities. Dining options nearby include Jade's Restaurant. Shopping and other services are close, making errands manageable. The location balances a residential feel with access to urban conveniences. The proximity to greenspace leads to a calming environment while being close to major highways.

Building ImageMLS ID #73405657
Building ImageMLS ID #73405657
Building Image
Building ImageView Listing

1 Ledgewood Way

1 Ledgewood Way, Peabody, MA, 01960


Ledgewood

YEAR BUILT

1980

# STORIES

1

# TOTAL UNITS

42

UNIT SIZE RANGE

794-1,470 sqft

Description

1 Ledgewood Way is located in Peabody, MA. The building sits near the intersection of U.S. Route 1 and Elliott Street. This low-rise condominium was built in 1980 and consists of 42 units. It offers a range of unit sizes from 794 to 1,470 square feet. Bedrooms include options for 1, 2, or 3. Prices for units vary from $427,500 to $465,000. The average closing price for the last year is about $465,000, with a price per square foot at $396. Units typically spend around 36 days on the market. Residents can enjoy many amenities, including an in-ground pool and tennis courts. A clubhouse provides space for gatherings, and there is ample guest parking. An elevator allows easy access to all floors, while on-site management handles day-to-day needs. Some units may have private balconies and ground-level storage. Nearby, various points of interest enhance daily living. The area includes parks, golf courses, and bike paths for outdoor activities. Public transportation options are accessible, making travel simple. Schools such as McVannokeefe Public School and Expressions In Dance provide educational opportunities. Dining options nearby include Jade's Restaurant. Shopping and other services are close, making errands manageable. The location balances a residential feel with access to urban conveniences. The proximity to greenspace leads to a calming environment while being close to major highways.

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Description

1 Ledgewood Way is located in Peabody, MA. The building sits near the intersection of U.S. Route 1 and Elliott Street. This low-rise condominium was built in 1980 and consists of 42 units. It offers a range of unit sizes from 794 to 1,470 square feet. Bedrooms include options for 1, 2, or 3. Prices for units vary from $427,500 to $465,000. The average closing price for the last year is about $465,000, with a price per square foot at $396. Units typically spend around 36 days on the market. Residents can enjoy many amenities, including an in-ground pool and tennis courts. A clubhouse provides space for gatherings, and there is ample guest parking. An elevator allows easy access to all floors, while on-site management handles day-to-day needs. Some units may have private balconies and ground-level storage. Nearby, various points of interest enhance daily living. The area includes parks, golf courses, and bike paths for outdoor activities. Public transportation options are accessible, making travel simple. Schools such as McVannokeefe Public School and Expressions In Dance provide educational opportunities. Dining options nearby include Jade's Restaurant. Shopping and other services are close, making errands manageable. The location balances a residential feel with access to urban conveniences. The proximity to greenspace leads to a calming environment while being close to major highways.

1 Ledgewood Way Key Stats Last 12 months

Avg. Listed Price$430,000($366/Sqft.)

Avg. Sale Price$465,000($396/Sqft.)
Year over year list priceDown Arrow3.35%

Year over year sale priceUp Arrow 8.77%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market36 days

Average HOA fees per sqft$3 /monthly
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Key Stats

Year over year list priceDown Arrow3.35%

Year over year sale priceUp Arrow8.77%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market36 days

Average HOA fees per sqft$3 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Medium
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

1 Ledgewood Way Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 55117522362025-08-22
MLS#: 73405657
Closed$465,000
Unit 66100822882024-06-17
MLS#: 73215284
Closed$427,500
Unit 55100422512022-06-30
MLS#: 72979155
Closed$385,000
Unit 5
5

2 Beds

2 Baths

1175 sqft


DateStatusPrice
2025-08-22Closed$465,000
MLS#: 73405657
Days On Market36
Unit 5
5

2 Beds

2 Baths

1004 sqft


DateStatusPrice
2022-06-30Closed$385,000
MLS#: 72979155
Days On Market51
Unit 6
6

2 Beds

2 Baths

1008 sqft


DateStatusPrice
2024-06-17Closed$427,500
MLS#: 73215284
Days On Market88
View Complete Unit Listing HistorySource By: MLSPIN

Amenities

One of the most attractive features of condo living at Ledgewood is the abundance of amenities designed to enhance your lifestyle. Imagine spending your weekends playing tennis on the courts or taking a refreshing dip in the pool. For fitness enthusiasts, there’s a fitness center just waiting for you to break a sweat! The clubhouse invites social gatherings while nearby bike paths and parks cater to those who love the outdoors. With nearby access to public transportation and highways, going anywhere you need is a breeze!

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Amenities Description

One of the most attractive features of condo living at Ledgewood is the abundance of amenities designed to enhance your lifestyle. Imagine spending your weekends playing tennis on the courts or taking a refreshing dip in the pool. For fitness enthusiasts, there’s a fitness center just waiting for you to break a sweat! The clubhouse invites social gatherings while nearby bike paths and parks cater to those who love the outdoors. With nearby access to public transportation and highways, going anywhere you need is a breeze!

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
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Amenities

Elevator(s)

Elevator(s)

Pool

Pool

Security System

Security System

Security Guard

Security Guard

Tennis Court(s)

Tennis Court(s)

Clubhouse

Clubhouse

Storage

Storage

Balcony

Balcony

Policies

As a prospective buyer, knowing the building's policies can help. Ledgewood maintains a friendly atmosphere and has minimal restrictions. This opens the door for a more flexible and comfortable living experience, allowing residents to truly make these condos their home.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
1 Ledgewood Way$396/sqft.$3 /sqft.
2 Ledgewood Way$358/sqft.$3 /sqft.
3 Ledgewood$413/sqft.$3 /sqft.
Ledgewood$411/sqft.$3 /sqft.
4 Ledgewood Way$443/sqft.$3 /sqft.
5 Ledgewood$338/sqft.$3 /sqft.

Nearby Schools

1 Ledgewood Way is located near 8+ schools throughout Peabody. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.

Peabody Veterans Memorial High School

D+
Public|Grades 9–12
485 Lowell St|0.36 miles away

Kindercare Learning Center

--
Private|Grades PK–TKG
520 Lowell St|0.51 miles away

Covenant Christian Academy

--
Private|Grades PK–12
83 Pine St Ste 9|1.27 miles away

Highlands Elementary School

B-
Public|Grades KG–5
190 Hobart St|1.32 miles away

John E. McCarthy Elementary School

C+
Public|Grades PK–5
76 Lake St|1.51 miles away

Plumfield Academy Inc

--
Private|Grades 2–8
123 Dayton St|1.85 miles away
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Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

1 Ledgewood Way is located near 8+ schools throughout Peabody. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.

Peabody Veterans Memorial High School

D+
Public|Grades 9–12
485 Lowell St|Less than 1 Mile Away

Kindercare Learning Center

--
Private|Grades PK–TKG
520 Lowell St|Less than 1 Mile Away

Covenant Christian Academy

--
Private|Grades PK–12
83 Pine St Ste 9|1.27 Miles Away

Highlands Elementary School

B-
Public|Grades KG–5
190 Hobart St|1.32 Miles Away

John E. McCarthy Elementary School

C+
Public|Grades PK–5
76 Lake St|1.51 Miles Away

Plumfield Academy Inc

--
Private|Grades 2–8
123 Dayton St|1.85 Miles Away

West Memorial Elementary School

C-
Public|Grades PK–5
15 Bow St|1.94 Miles Away

Great Oak Elementary School

B-
Public|Grades KG–5
76 Pickering St|1.96 Miles Away

Transit

1 Ledgewood Way benefits from a network of nearby public transportation options within a 2-mile radius. Access to Bus ensures convenient travel to employment hubs and local destinations. Strong transit connectivity reduces travel time and improves daily convenience. A transit-friendly location adds value for residents and visitors alike.

10 Centennial Drive - West

1.9 miles away|37 min walk

10 Sylvan St

1.56 miles away|30 min walk

2 Centennial Dr

1.98 miles away|38 min walk

5 Centennial Dr

1.97 miles away|38 min walk

Commonwealth Ave @ Endicott St

1.69 miles away|33 min walk

Endicott St @ Commonwealth Ave

1.68 miles away|33 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

1 Ledgewood Way benefits from a network of nearby public transportation options within a 2-mile radius. Access to Bus ensures convenient travel to employment hubs and local destinations. Strong transit connectivity reduces travel time and improves daily convenience. A transit-friendly location adds value for residents and visitors alike.

10 Centennial Drive - West

1.9 miles away|37 min walk

10 Sylvan St

1.56 miles away|30 min walk

2 Centennial Dr

1.98 miles away|38 min walk

5 Centennial Dr

1.97 miles away|38 min walk

Commonwealth Ave @ Endicott St

1.69 miles away|33 min walk

Endicott St @ Commonwealth Ave

1.68 miles away|33 min walk

Essex Ctr Dr @ Essex Green Dr

1.56 miles away|30 min walk

Essex Ctr Dr opp Essex Green Dr

1.56 miles away|30 min walk

Lahey Clinic before Crosswalk

1.7 miles away|33 min walk

Liberty Tree Mall

1.94 miles away|38 min walk

Liberty Tree Mall @ Best Buy

1.91 miles away|37 min walk

Northshore Mall At JC Penney Entrance

1.78 miles away|35 min walk

Northshore Mall @ Entrance F

1.68 miles away|33 min walk

Opp 10 Sylvan St

1.57 miles away|31 min walk

The Neighbourhood: Proctor

Proctor is a small village in Essex County, Massachusetts. The area has green parks, neighborhood stores, and a public library. This district hosts community events and offers a few local restaurants and cafes. The area has basic services like a post office, grocery options, and health clinics nearby. Short walking paths and a town center make errands easy. Local roads connect to nearby towns, and public buses run through the district for commuting. The area keeps a quiet, small-town feel while staying close to larger towns for more services.

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Neighbourhood Description

Proctor is a small village in Essex County, Massachusetts. The area has green parks, neighborhood stores, and a public library. This district hosts community events and offers a few local restaurants and cafes. The area has basic services like a post office, grocery options, and health clinics nearby. Short walking paths and a town center make errands easy. Local roads connect to nearby towns, and public buses run through the district for commuting. The area keeps a quiet, small-town feel while staying close to larger towns for more services.

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1 Ledgewood Way Demographics

Age Demographics

0–14 Years

5.27%

15–29 Years

16.83%

30–44 Years

8.6%

45–59 Years

18.94%

60+ Years

50.37%

Commute

1.9%

Transit

0.61%

Walk

88.38%

Drive

0%

Bike

Housing Ownership

55.94%

Owner Occupied

44.06%

Rental Units

Household Types

Single Family
16.56%
Multi Family
1.01%
Single Person
52.61%
Multi Person
47.39%

Average Income

Household:$7,405,887.38 /yr

Individual:$4,869,096.46 /yr

Education

Bachelors Degree29.76%
High School College21.7%
Diploma9.08%
Post Graduate17.02%
Others22.44%
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Education

Diploma9.08%
Post Graduate17.02%
Others22.44%
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