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$1,890,000
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Property Description
Experience the pinnacle of lakefront luxury living at 20 Gillis Terrace-an exceptional sun-drenched ~7,123 sqft residence on your own private beach with deeded dock, just 40 minutes from Boston. Tucked in one of the most desirable Salem neighborhoods, this meticulously maintained 5-bedroom home blends grand scale with everyday luxury. The 1st-floor primary suite is a true retreat featuring a fireplace, spa-like bath with sauna shower, jacuzzi tub, double vanities, and European bidet. The chef's kitchen offers granite counters, designer cabinetry, and high-end appliances including a professional-grade range and wine fridge-all flowing into an open-concept living and dining area with soaring ceilings, natural light, and gas fireplace. Upstairs, find additional bedrooms, full baths, and a cozy overlook. The finished walkout lower level stuns with a custom wet bar, gas fireplace, and half bath, while a renovated in-law apartment adds flexibility. Additional highlights include a new HVAC, professionally landscaped grounds, freshly painted interiors, hardwood floors, radiant floors, generator, surround sound, 3-car garage, outdoor fire pit, custom stone walls, and a newer 2-bedroom septic installed in 2020. A rare opportunity to own a truly expansive and turn-key lakefront home on Arlington Pond (269-acres). Property is being used as a 5 bedroom home with in-law but has a 2 bedroom septic system.
Full Property Details
Full Property Details for 20 Gillis Terrace
General
- Sold For: $1,890,000
- Taxes: $20,309 (2024)
- Status: Closed
- Type: Single Family
- Source: PrimeMLS
- MLS ID: 5052552
- Added to Site: 180 day(s) ago
Interior
- Number of Rooms: 13
- Interior Features: Blinds, Cathedral Ceiling, Ceiling Fan, Dining Area, 3 or More Fireplaces, Furnished, In-Law/Accessory Dwelling, Kitchen Island, Primary BR w/ BA, Skylight, Vaulted Ceiling, Walk-In Closet, Wet Bar, Whirlpool Tub, 1st Floor Laundry
- Fireplace: Yes
- Appliances: ENERGY STAR Qual Dishwshr, Dryer, Freezer, Microwave, Double Oven, Gas Range, Refrigerator, Washer, Wine Cooler, Water Heater
- Flooring: Carpet, Ceramic Tile, Hardwood, Manufactured
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 3
- Half Bathrooms: 2
- Bathroom 1: Bathroom Full, Level 2
Bedrooms
- Total Bedrooms: 5
- Primary Suite: Level 1
- Bedroom 1: Level 2
- Bedroom 2: Level 2
- Bedroom 3: Level 2
Other Rooms
- Foyer/Entry: Level 1
- Family Room: Family Room, Level 1
- Dining Room: Dining Room, Level 1
- Office: Level 1
- Other Room 1: Level 2
Additional Information
- Equipment: Irrigation System, HW/Batt Smoke Detector, Gas Stove
Exterior
- Exterior Features: Deck, Patio, Private Dock
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking: Auto Open, Driveway, Garage, Off Street, Parking Spaces 6+, Paved, Attached
Location
- County: Rockingham
- Driving Directions: N Main St to Gillis Ter. Home will be on the left
School Information
- School District: Salem School District
- Elementary School: North Salem Elementary
- High School: Salem High School
Heating & Cooling
- Cooling Type: Central AC
- Heating Type: Forced Air
Utilities
- Sewer: Private
Structural Information
- Construction Status: Existing
- Basement Entrance: Walkout
- Basement Desc.: Finished, Full, Walkout, Interior Access, Exterior Access
- Roof: Asphalt Shingles
- Stories/Levels: 2
- Square Feet: 7,123
- Finished Total: 7,123 Sq. Ft.
- Finished Above Grnd: 4,751 Sq. Ft.
- Finished Below Grnd: 2,372 Sq. Ft.
- Year Built: 2005
Lot Features
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 13,939
- Frontage: Yes Road Frontage
- Frontage Feet: 100
- Driveway/Sidewalk: Paved
- Zoning: REC
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Front Type: Lake
- Water Front Name: Arlington Mill Reservoir
- Water Front Owned: 1
Financial Considerations
- Price Per Sq. Ft.: $266.6
- Assessment Year: 2024
- Assessment Amount: $1,153,900
- Tax Amount: $20,309
- Tax Year: 2024
Disclosures and Reports
- Block: 57
- Lot Number: 24
Listed by Compass New England, LLC, Sean Bakhtiari
Sold by BHHS Verani Realty Methuen, Mirna A. Bechara
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Schools
Schools serving 20 Gillis Terrace
School District:Salem School District, Salem, NH
| Name | Grades | Distance |
|---|---|---|
North Salem Elementary School 140 Zion Hill Road, Salem, NH 03079 | K-5 | 0.8 mi |
Woodbury School 206 Main Street, Salem, NH 03079 | 6-8 | 3.1 mi |
Salem High School, Salem, NH 44 Geremonty Drive, Salem, NH 03079 | 9-12 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20 Gillis Terrace
Date
Details
Price
Change
Source
9/02/2025
Sold
$1,890,000
-0.47%
MLS
7/21/2025
Listed
$1,899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
20 Gillis Terrace, Salem, NH 03079 (MLS# 5052552) is a Single Family property that was sold at $1,890,000 on September 02, 2025. Want to learn more about 20 Gillis Terrace? Do you have questions about finding other Single Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

