See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

320 Merrimac St #1, Newburyport, MA, 01950

4beds
5baths
3,150sqft
$2,025,000
$643price/sqft
$13,012/moest. monthly cost
$520,480/yrincome needed

About This Home

The Townhomes at 320 Merrimac Street—where exceptional craftsmanship meets modern luxury. These newly constructed townhomes offer over 3,100± sq. ft. of thoughtfully designed living space featuring 4 bedrooms, 4.5 baths, a one-car garage, a private backyard, and a second-level deck for outdoor living and entertaining. The lower level offers the flexibility of a home office/gym area, as well as a media room or family room. Beautifully appointed with exceptional finishes, designer details, and quality craftsmanship throughout. There’s still time to personalize your home by selecting finishes and create the luxury home you’ve always envisioned. Ideally located just moments from downtown Newburyport, waterfront parks, shopping, dining, and commuter routes. A rare opportunity to own luxury new construction in one of Newburyport’s most desirable locations. Estimated completion Spring 2027.

Getting Around

60
WalkingSomewhat Walkable
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

8/10
10/10
Newburyport High SchoolGrades 9-120.6 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2027

Materials

  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: Townhouse
  • Property subType: Condominium,Townhouse

Interior

Appliances

  • Laundry features: Second Floor,In Unit

Basement

  • Has basement: Yes

Bathroom1

  • Level: First

Bathroom2

  • Level: Second

Bathroom3

  • Level: Second

Bedroom2

  • Features: Bathroom - Full, Closet
  • Level: Second
  • Area: 140

Bedroom3

  • Level: Third
  • Area: 126

Bedroom4

  • Level: Third
  • Area: 126

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 3
  • 1/2 bathrooms: 2

Dining Room

  • Level: First
  • Area: 198

Family Room

  • Level: Basement

Features

  • Bathroom - Full,Bathroom - Half,Bathroom,Exercise Room,Media Room
  • Flooring: Wood,Tile
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 731
  • Finished area above ground: 2,419

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,150
  • Total interior livable area: 3,150 sqft

Kitchen

  • Level: First
  • Area: 299

Living Room

  • Level: First
  • Area: 312

Master Bathroom

  • Features: Yes

Master Bedroom

  • Features: Bathroom - Full, Walk-In Closet(s)
  • Level: Second
  • Area: 312

Property

Details

  • Parcel number: 2088507
  • Zoning: R2

Features

  • Entry location: Unit Placement(Street)
  • Patio & porch: Deck - Roof + Access Rights
  • Exterior features: Deck - Roof + Access Rights
  • Fencing: Security
  • Waterfront features: Ocean,Beach Ownership(Public)

Parking

  • Total spaces: 3
  • Parking features: Detached,Off Street
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Earthquake
    EarthquakeModerate
  • Hurricane
    HurricaneModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Inland Flooding
Earthquake
Hurricane
Ice Storm
Lightning
Tornado
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $10,239$122,868
Home Insurance *$431$5,172
Property Taxes $1,721$20,652
Electricity $621$7,453
Total$13,012$156,144
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$446,125/yr
40% on housing$390,360/yr
45% on housing$346,986/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$643This listing

vs Other Active Listings

Avg $/sqft

ZIP 01950$570
Essex County$385

vs Homes Sold Last Month

Median $/sqft

ZIP 01950$546
Essex County$387

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-08Listed for sale$2,025,000

New Construction

AgentHomes & Lifestyles Team
BrokerageGibson Sotheby's International Realty

Similar Homes