5 Carol Ann Rd, Peabody, MA 01960

Homes offering this level of flexibility are hard to find. With nearly 4,000 square feet of thoughtfully designed living space, an in-law apartment with its own entrance and separate driveway, and exceptional indoor and outdoor living areas, this property is designed to accommodate the way people live today while adapting to changing needs for years to come. The main home centers around an open-concept kitchen overlooking the dining area and family room, creating an inviting space for everyday living and effortless entertaining. A separate valuated living room provides additional gathering space, while the attached two-car garage offers direct access into the home. An oversized composite deck overlooks the in-ground pool, gazebo, and private backyard, creating the perfect backdrop for summer barbecues, pool parties, or relaxing evenings outdoors. The yard extends beyond the pool to include plenty of green space and an established garden, offering room to entertain, play, garden, and enjoy the outdoors. Upstairs, the spacious primary suite features a walk-in closet, a private balcony, and an oversized bath, complemented by two additional bedrooms and hallway walk-in closet. The in-law apartment provides outstanding flexibility with its own kitchen, living room, bedroom, 1.5 bathrooms, laundry hookups, private entrance, and separate driveway, making it ideal for multigenerational living, extended family, long-term guests, or live-in caregivers. The finished lower level expands the home's possibilities even further with recreation space, a full bath, laundry, abundant storage, and a separate room offering excellent potential for an au pair suite, guest accommodations, or additional finished living space. Lovingly maintained and move-in ready, this home presents an exceptional opportunity to personalize the finishes over time while enjoying a layout that would be difficult to replicate today. Conveniently located near shopping, dining, parks, and major commuter routes, this is a rare opportunity to own a home that offers the space, flexibility, and lifestyle to grow with you for years to come.