North Shore Co-Ownership Opportunity – Spacious 4-Bedroom Garrison with Private In-Ground Pool
Currency
$6899
Crypto
738.13 M Invastor Coins (INV)
Sold By: Regal
Join a group of 5 investors to co-own this charming and meticulously maintained Colonial at 21 Bayberry Rd, Danvers, MA. Priced at $689,900, each investor contributes $137,980, with a fully refundable 5% platform fee of $6,899. Proudly owned by the original owners since 1973, this Garrison-style home features gleaming hardwood floors, updated windows, a new roof, and four spacious bedrooms. A partially finished lower level offers flexible space for a home office, gym, or playroom, while the private backyard oasis with an inground pool is perfect for relaxation and entertaining. Payments are securely held in escrow and the transaction is facilitated by a verified attorney. Don’t miss this rare opportunity to co-own a timeless home in one of Danvers’ most desirable neighborhoods!
Condition: New
Ships From: , Massachusetts, United States
Delivery Options: Local Pickup
Dreaming of a classic New England home with room for the whole family, a private backyard oasis, and easy access to the best of the North Shore? Here’s your chance to co-own a beautifully maintained 4-bedroom, 1.5-bathroom Garrison-style home in Essex County. With nearly an acre of land and a private in-ground pool, this property blends suburban comfort with shared ownership value.
Property Overview
- Location: Danvers, MA
- Listing Price:$689,900 (shared equally among co-owners)
- Platform Fee: $6,899 5% of total price (fully refundable if the deal does not proceed)
- Property Type: Single-Family Residence
- Year Built: 1973
- Style: Garrison Colonial
- Living Area: 1,836 sq ft
- Lot Size: 0.82 acres (36,067 sq ft)
- Zoning: R2 Residential
- Status: Active Listing
Interior Features
- Bedrooms: 4 (all located on the second floor)
- Bathrooms: 1 full bath on the second level, 1 half bath on the first floor
- Total Rooms: 7, including a spacious living room and family room
- Flooring: Wood, tile, and carpet throughout
- Cooling: Window units
- Heating: Baseboard (Electric, 100 Amp Service)
- Fireplaces: 1
- Laundry: In basement
- Windows: Insulated and storm windows
- Extras: Storm doors for energy efficiency
- Kitchen & Dining
- Kitchen: Located on the first floor with modern appliances and ample cabinetry
- Dining Room: Convenient first-floor location, adjacent to kitchen and family spaces
Included Appliances:
- Range
- Refrigerator
- Dishwasher
- Washer & Dryer
- Electric Water Heater
Basement
- Type: Full, partially finished
- Access: Walk-out, interior entry
- Utilities: Sump pump for peace of mind
Exterior Features
- Backyard Oasis: Private in-ground pool—ideal for relaxing or entertaining
- Lot Description: Level and usable with mature landscaping
- Parking: Detached 2-car garage plus 2 additional off-street spaces (paved driveway)
- Roof: Shingle
- Construction: Frame with concrete perimeter foundation
Community & Location
Located near:
- Public transportation
- Shopping and dining
- Walking and jogging trails
- Medical facilities and laundromats
- Highway access, private and public schools, and places of worship
Financial Overview
- Annual Property Tax: $7,867 (2025)
- HOA Fees: None
Co-Ownership Structure
- Ownership Model: Shared via LLC for secure, transparent ownership
- Use Plan: Rotating calendar for fair access and usage
- Maintenance: Shared responsibility and cost
- Escrow: All funds held securely until full ownership group is formed
How It Works
- Join the Group: Limited number of co-owners will share this property
- Secure Your Share: A refundable platform fee shows serious intent
- Form the LLC: We create a legal co-ownership structure
- Close the Deal: Once funded, the property is purchased and co-owned
- Enjoy the Home: Split time fairly, share costs, and build equity together
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