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  5. One Drake Way
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One Drake Way

One Drake Way, Peabody, MA, 01960

YEAR BUILT

2007

# STORIES

3

# TOTAL UNITS

10

UNIT SIZE RANGE

1,400-1,614 sqft

Description

One Drake Way stands in Peabody, Massachusetts, at the intersection of Lynn Fells Parkway and Main Street. This low-rise condominium building has three stories and holds a total of 10 units. The site was built in 2007, making it relatively modern in design and construction. The individual units range in size from 1,400 to 1,614 square feet. Each unit contains three bedrooms, which cater well to families or those needing extra space. Prices for these units start at $270,000, reflecting the quality of living available in the area. Residents have access to several amenities, including highway access for easy commuting. Public transportation options are also nearby, which can be helpful for those who prefer not to drive. Local dining options include Family Fare Restaurant, while shoppers can find Neat Impressions in the vicinity. The building's location in Peabody places it near several important features. Nearby educational institutions include Peabody Public Schools, making it convenient for families with children. Local parks and commercial centers enhance the community feel of the neighborhood. With a solid structure and well-designed units, One Drake Way offers a comfortable living experience. The layout of the building supports a friendly community atmosphere while providing the privacy that homebuyers seek.

Building ImageMLS ID #71348915
Building ImageView Listing

One Drake Way

One Drake Way, Peabody, MA, 01960

YEAR BUILT

2007

# STORIES

3

# TOTAL UNITS

10

UNIT SIZE RANGE

1,400-1,614 sqft

Description

One Drake Way stands in Peabody, Massachusetts, at the intersection of Lynn Fells Parkway and Main Street. This low-rise condominium building has three stories and holds a total of 10 units. The site was built in 2007, making it relatively modern in design and construction. The individual units range in size from 1,400 to 1,614 square feet. Each unit contains three bedrooms, which cater well to families or those needing extra space. Prices for these units start at $270,000, reflecting the quality of living available in the area. Residents have access to several amenities, including highway access for easy commuting. Public transportation options are also nearby, which can be helpful for those who prefer not to drive. Local dining options include Family Fare Restaurant, while shoppers can find Neat Impressions in the vicinity. The building's location in Peabody places it near several important features. Nearby educational institutions include Peabody Public Schools, making it convenient for families with children. Local parks and commercial centers enhance the community feel of the neighborhood. With a solid structure and well-designed units, One Drake Way offers a comfortable living experience. The layout of the building supports a friendly community atmosphere while providing the privacy that homebuyers seek.

Next

Description

One Drake Way stands in Peabody, Massachusetts, at the intersection of Lynn Fells Parkway and Main Street. This low-rise condominium building has three stories and holds a total of 10 units. The site was built in 2007, making it relatively modern in design and construction. The individual units range in size from 1,400 to 1,614 square feet. Each unit contains three bedrooms, which cater well to families or those needing extra space. Prices for these units start at $270,000, reflecting the quality of living available in the area. Residents have access to several amenities, including highway access for easy commuting. Public transportation options are also nearby, which can be helpful for those who prefer not to drive. Local dining options include Family Fare Restaurant, while shoppers can find Neat Impressions in the vicinity. The building's location in Peabody places it near several important features. Nearby educational institutions include Peabody Public Schools, making it convenient for families with children. Local parks and commercial centers enhance the community feel of the neighborhood. With a solid structure and well-designed units, One Drake Way offers a comfortable living experience. The layout of the building supports a friendly community atmosphere while providing the privacy that homebuyers seek.

One Drake Way Market Stats Last 12 months

Avg. Listed Price-

Avg. Sale Price-
Year over year list price0.00%

Year over year sale price 0.00%
Total Listings0 Listed

Total sold0 Sold
Average Days on Market0 days

Average HOA fees per sqft-
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Market Stats

Year over year list price0.00%

Year over year sale price0.00%
Total Listings0 Listed

Total sold0 Sold
Average Days on Market0 days

Average HOA fees per sqft-

Glen Gardens Estate Availability & Demand

Unit Availability

-
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

-
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

One Drake Way Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 22156433772012-05-25
MLS#: 71348915
Closed$270,000
Unit 2
2

3 Beds

3 Baths

1564 sqft


DateStatusPrice
2012-05-25Closed$270,000
MLS#: 71348915
Days On Market77
View Complete Unit Listing HistorySource By: MLSPIN

Amenities

One of the standout perks of living at Drake Crossing is its prime location with easy access to highways and public transportation. This means you can spend less time commuting and more time enjoying everything Peabody has to offer. Imagine effortlessly hopping on the highway to explore the vibrant surroundings or catching a bus to nearby destinations. For pet owners, there are also lovely nearby parks for you and your furry friends to enjoy.

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Amenities Description

One of the standout perks of living at Drake Crossing is its prime location with easy access to highways and public transportation. This means you can spend less time commuting and more time enjoying everything Peabody has to offer. Imagine effortlessly hopping on the highway to explore the vibrant surroundings or catching a bus to nearby destinations. For pet owners, there are also lovely nearby parks for you and your furry friends to enjoy.

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

Policies

As with most condo communities, Drake Crossing does have some restrictions to maintain the quality of living for all its residents. Being aware of these is important for ensuring that your lifestyle aligns with the community's standards.

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)
One Drake Way--
10 Bourbon St$486/sqft.$3 /sqft.
Ledgewood$474/sqft.$3 /sqft.
13 Bourbon St$474/sqft.$3 /sqft.
4 Ledgewood Way$443/sqft.$3 /sqft.
7 Ledgewood Way$386/sqft.$3 /sqft.

Nearby Schools

Residents of One Drake Way enjoy access to nearby educational institutions across Peabody. Schools within a 2-mile radius enhance convenience for daily routines. Close proximity supports consistent attendance and flexibility. This location promotes a family-friendly lifestyle.

Peabody Veterans Memorial High School

D+
Public|Grades 9–12
485 Lowell St|0.75 miles away

Kindercare Learning Center

--
Private|Grades PK–TKG
520 Lowell St|0.8 miles away

Covenant Christian Academy

--
Private|Grades PK–12
83 Pine St Ste 9|1.48 miles away

Center Elementary School

D+
Public|Grades KG–5
18 Irving St|1.49 miles away

John E. McCarthy Elementary School

C+
Public|Grades PK–5
76 Lake St|1.52 miles away

J. Henry Higgins Middle School

C-
Public|Grades 6–8
85 Perkins St|1.71 miles away
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Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

Residents of One Drake Way enjoy access to nearby educational institutions across Peabody. Schools within a 2-mile radius enhance convenience for daily routines. Close proximity supports consistent attendance and flexibility. This location promotes a family-friendly lifestyle.

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|1.48 Miles Away

Center Elementary School

D+
Public|Grades KG–5
18 Irving St|1.49 Miles Away

John E. McCarthy Elementary School

C+
Public|Grades PK–5
76 Lake St|1.52 Miles Away

J. Henry Higgins Middle School

C-
Public|Grades 6–8
85 Perkins St|1.71 Miles Away

South Memorial Elementary School

C+
Public|Grades PK–5
16 Maple Street Ex...|1.80 Miles Away

Transit

One Drake 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 - Boston Children's @ Peabody

1.21 miles away|24 min walk

10 Centennial Drive - West

1.04 miles away|20 min walk

10 Sylvan St

1.65 miles away|32 min walk

1 First Ave

1.04 miles away|20 min walk

23 Lynn St

1.89 miles away|37 min walk

2 Centennial Dr

0.87 miles away|17 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

One Drake 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 - Boston Children's @ Peabody

1.21 miles away|24 min walk

10 Centennial Drive - West

1.04 miles away|20 min walk

10 Sylvan St

1.65 miles away|32 min walk

1 First Ave

1.04 miles away|20 min walk

23 Lynn St

1.89 miles away|37 min walk

2 Centennial Dr

0.87 miles away|17 min walk

5 Centennial Dr

0.86 miles away|17 min walk

715 Lynnfield St

1.9 miles away|37 min walk

724 Lynnfield St

1.91 miles away|37 min walk

Centennial Dr @ Corporation Way

1.02 miles away|20 min walk

Centennial Dr opp Corporation Way

1.01 miles away|20 min walk

Centennial Dr opp Marriott Dr

1.08 miles away|21 min walk

Centennial Dr opp Rt128 Ramp

1.18 miles away|23 min walk

Commonwealth Ave @ Endicott St

1.85 miles away|36 min walk

Endicott St @ Commonwealth Ave

1.83 miles away|36 min walk

Essex Ctr Dr @ Essex Green Dr

1.26 miles away|25 min walk

Essex Ctr Dr opp Essex Green Dr

1.27 miles away|25 min walk

First Ave @ Lynnfield St

1.2 miles away|24 min walk

First Ave opp Centennial Dr

0.99 miles away|20 min walk

Lahey Clinic before Crosswalk

1.32 miles away|26 min walk

Lynnfield St @ Bartholomew St

1.5 miles away|29 min walk

Lynnfield St @ Bradford Rd

1.87 miles away|36 min walk

Lynnfield St @ Cobb Ln

1.86 miles away|36 min walk

Lynnfield St @ Lookout Terr

1.85 miles away|36 min walk

Lynnfield St opp Bartholomew St

1.5 miles away|29 min walk

Lynnfield St opp Lookout Terr

1.84 miles away|36 min walk

Lynnfield St @ Regina Rd

1.99 miles away|39 min walk

Lynnfield St @ Tuscan Rd

1.99 miles away|39 min walk

Lynn St @ Brown St

1.97 miles away|38 min walk

Lynn St opp Lynn St Ct

1.9 miles away|37 min walk

Lynn St @ Rainbow Rd

1.97 miles away|38 min walk

Northshore Mall At JC Penney Entrance

1.53 miles away|30 min walk

Northshore Mall @ Entrance F

1.49 miles away|29 min walk

Opp 10 Sylvan St

1.66 miles away|32 min walk

opp 11 Centennial Dr

1.06 miles away|21 min walk

Washington St @ Allens Ln

1.96 miles away|38 min walk

Washington St @ Granite St

1.87 miles away|36 min walk

Washington St @ Hingston St

1.98 miles away|38 min walk

Washington St opp Granite St

1.87 miles away|36 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.

Next

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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One Drake Way Demographics

Age Demographics

0–14 Years

4.98%

15–29 Years

16.27%

30–44 Years

9.36%

45–59 Years

19.7%

60+ Years

49.69%

Commute

2.82%

Transit

1.59%

Walk

85.86%

Drive

0%

Bike

Housing Ownership

54.88%

Owner Occupied

45.12%

Rental Units

Household Types

Single Family
17.23%
Multi Family
0.76%
Single Person
51.89%
Multi Person
48.11%

Average Income

Household:$8,017,686.95 /yr

Individual:$4,747,716.48 /yr

Education

Bachelors Degree26.56%
High School College24%
Diploma9.99%
Post Graduate18.39%
Others21.06%
Next

Education

Diploma9.99%
Post Graduate18.39%
Others21.06%
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    One Drake Way
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