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$1,119,000
Condo Name: 5-7 Riverbank Condo
3 Beds 4 Baths
HOA
$350
SQFT
3723
7 Riverbank Ave
Danvers, MA 01923
View Map

Property Description

Exquisitely renovated in 2015, this three-level waterfront townhome offers the perfect balance of luxury, convenience, and peace of mind—no flood insurance required and a low condo fee. Walls of windows capture sweeping water views on every floor. The main level boasts a stunning open layout with a designer chef’s kitchen featuring dual islands, a fireplace seamlessly flowing into the dining and living areas, a spacious bedroom, full bath, and direct access to an expansive deck overlooking the water. The top level is devoted to an over 700 sq ft primary suite with spa-inspired bath, double vanities, soaking tub, and separate shower, complemented by a junior ensuite, laundry, and generous storage. The lower level offers a large family room, fourth full bath, and flexible space ideal for a home theater, gym, or guest retreat. Additional highlights include LED lighting, plenty of storage throughout and an oversized garage. Outdoors, private yard with koi pond, jacuzzi, perennial gardens.

Property Details

Amenities

  • Amenities: Bike Path, Conservation Area, Laundromat, Medical Facility, Park, Public Transportation, Shopping, Walk/Jog Trails
  • Association Fee Includes: Master Insurance, Sewer, Snow Removal, Water

Kitchen, Dining, and Appliances

  • Dishwasher, Disposal, Dryer, Range, Refrigerator, Wall Oven, Washer

Bathrooms

  • Full Baths: 4
  • Master Bath: 1

Bedrooms

  • Bedrooms: 3

Other Rooms

  • Total Rooms: 7

Utilities

  • Heating: Hot Water Baseboard, Oil
  • Heat Zones: 3
  • Cooling: Central Air, Ductless Mini-Split System
  • Cooling Zones: 3
  • Electric Info: 220 Volts
  • Energy Features: Insulated Doors, Insulated Windows
  • Utility Connections: for Electric Dryer, for Electric Oven, for Electric Range
  • Water: City/Town Water
  • Sewer: City/Town Sewer

Unit Features

  • Square Feet: 3723
  • Unit Building: 7
  • Unit Level: 3
  • Unit Placement: Garden|Walkout
  • Interior Features: French Doors, Internet Available - Broadband, Laundry Chute, Security System
  • Floors: 3
  • Pets Allowed: Yes
  • Fireplaces: 1
  • Laundry Features: In Unit
  • Accessability Features: Unknown

Condo Complex Information

  • Condo Name: 5-7 Riverbank Condo
  • Condo Type: Condo
  • Complex Complete: Yes
  • Year Converted: 2015
  • Number of Units: 2
  • Elevator: No
  • Condo Association: U
  • HOA Fee: $350
  • Fee Interval: Monthly
  • Management: No Management

Construction

  • Year Built: 1926
  • Style: Townhouse
  • Construction Type: Frame, Stone/Concrete
  • Roof Material: Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Vinyl, Wood
  • Lead Paint: Unknown
  • Warranty: No

Garage & Parking

  • Garage Parking: Attached, Under
  • Garage Spaces: 1
  • Parking Features: Exclusive Parking, Off-Street, Paved Driveway
  • Parking Spaces: 3

Exterior & Grounds

  • Exterior Features: Deck - Composite, Decorative Lighting, Fenced Yard, Garden Area, Gutters, Professional Landscaping
  • Pool: No
  • Waterfront Features: Bay, Direct Access, Frontage

Other Information

  • MLS ID# 73434861
  • Last Updated: 10/10/25
  • Documents on File: Master Deed, Master Plan, Rules & Regs

Mortgage Calculator

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Map

Seller's Representative: The Sarkis Team, Douglas Elliman Real Estate - The Sarkis Team
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-10-10 14:57:00