About this home
Experience single-level waterfront living at RIVERWALK, where sophisticated design, effortless convenience, and breathtaking views come together. Ideally located just minutes from the commuter rail to Boston and Salem’s celebrated restaurants, shops, waterfront, and historic downtown, this beautifully appointed three-bedroom, two-bath residence offers refined single-level living in a serene setting. An open, light-filled floor plan is enhanced by soaring ceilings, oversized windows, European oak hardwood floors, and sweeping river and city skyline views. The stunning chef’s kitchen features Bosch appliances, custom cabinetry, quartz countertops, and a seamless connection to the spacious living and dining areas. The private primary suite is a luxurious retreat with a walk-in closet and spa-inspired bath featuring radiant heated floors, dual vanity, glass-enclosed shower, and smart bidet. RIVERWALK residents enjoy exceptional amenities including heated indoor garage parking, elevator, Clubroom Lounge, state-of-the-art fitness center, and beautifully landscaped riverside outdoor kitchen and patio. A rare opportunity to enjoy turnkey luxury, spectacular views, and the best of Salem—all in one exceptional address.
Listing last checked: Listing updated:
Listed by Merry Fox Team · MerryFox Realty · MLS #73570035
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Details at a glance
Interior5 property facts
- Rooms
- 6
- Heating
- Central, Heat Pump, Electric
- Cooling
- Heat Pump
- Flooring
- Wood, Tile
- Basement
- No
Building5 property facts
- Style
- Condominium
- Year built
- 2025
- Garage
- 1
- Parking
- 1
- Roof
- Rubber
Land & utilities5 property facts
- Water
- Public
- Sewer
- Public Sewer
- Waterfront
- Y
- Pool
- Not reported
- Zoning
- NRCC
Financial2 property facts
- Assessment year
- 2025
- HOA fee
- $783 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $1,100,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$5,562 / monthAdjust
- Principal & interest
- $5,562
- Property tax
- Not entered
- Insurance
- Not entered
- HOA
- Not entered
Annual property taxes were not supplied. Listing HOA fee: $783. The billing period was not supplied; confirm the monthly amount before adding it.
Partial estimate: add property tax, insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Ter
$1,100,000 · May 11, 2026
More property insights
Automated value estimate $1,106,567
Estimated range $1,047,943–$1,165,192.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: excellent
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About 16 Franklin Street #2401
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