1 Drake Way

1 Drake Way is a condo located in Peabody Town Center, Peabody. The building was first built in 2006 and is 18 years old. In total, 1 Drake Way has a total floor area of 1,488 square feet. 1 Drake Way has a total of 3 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 10 closings on record, of which we have matching data for 6 listings. In the past 3 years, a listing in this building will typically remain on the market for about 53 days The transaction that took the longest to complete was unit 15, listed on Jul 08, 2016 for $309,900. This particular unit ultimately sold 81 days later for $312,000. The most recent transaction was for unit 11, which was first advertised on Sep 08, 2021, sold for $445,000 on Oct 01, 2021. Fun fact, the oldest transaction we have on record took place on Dec 22, 2009. See the full transaction history for 1 Drake Way below.

Peabody Town Center, where 1 Drake Way is located, has a median asking price of $375,000 for condo buildings. Meanwhile, the building itself has a median asking price of $314,950. For interested buyers, that means the building's median asking price is around 0.16% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $520,000. It is a 3-bedroom and 3-bathroom unit.