20 Gillis Ter

Salem, NH 03079

$1,890,000
Last Sold Price
5
Beds
7,123 Sq. Ft.
$265 / Sq. Ft.
7,123
Sq. Ft.
$265
per Sq. Ft.
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Closed 9/2/25
Closed 9/2/25

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...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.

Listing Agent

  1. Sean Bakhtiari

    Sean Bakhtiari

    Listing Agent

    Compass

    CallTextEmail

Sold By BHHS Verani Realty Methuen

Property Details for 20 Gillis Terrace

Water Body Type
Lake
Water View
Yes
Waterfront Property
Yes
Zoning
REC
LISTING UPDATED: 09/02/2025 11:11 PM

Property Details for 20 Gillis Terrace

StatusClosed
MLS #5052552
Days on Market4
Taxes$20,309 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family
Year Built2005
Lot Size0.32 AC / 13,939 SF
CountyRockingham County
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Location

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Building Information for 20 Gillis Terrace

Stories2Year Built2005Building Size-Lot Size0.32 AC / 13,939 SF

Payment Calculator

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$11,210 per month

30 year fixed, 6.46% Interest

Principal and Interest

$9,517

Property Taxes

$1,692

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 20 Gillis Terrace

Summary
Location and General Information
  • City: Salem
  • County: NH-Rockingham
  • Directions: N Main St to Gillis Ter. Home will be on the left
  • Latitude: 42.828216736955056
  • Longitude: -71.213525084655757
  • Road Frontage: Yes
  • Seasonal: No
  • State: NH
  • Street Designation: Terrace
  • Map: 28
  • Zip Code: 03079
Taxes and HOA Information
  • Tax Year: 2024
  • Taxes TBD: No
Parking
  • Garage: Yes
  • Garage Capacity: 3.00
  • Driveway: Paved
Property
Lot Information
  • Block: 57
  • Lot: 24
  • Lot Features: Waterfront
  • Lot Size Acres: 0.32
  • Road Frontage Length: 100.0
  • Water Body Access: Yes
  • Water Body Name: Arlington Mill Reservoir
  • Waterfront Property Rights: Exclusively Owned
  • Total Finished Area: 7123.0
  • Above Grade Finished Area: 4751.0
  • Above Grade Finished Area Source: Public Records
  • Above Grade Unfinished Area: 217.0
  • AboveGradeUnfinishedAreaSource: Other
  • Below Grade Finished Area: 2372.0
  • Below Grade Finished Area Source: Public Records
  • Below Grade Unfinished Area: 0.0
  • BelowGradeUnfinishedAreaSource: Other
  • Lot Size Square Feet: 13939.0
  • Total Area: 7340.0
Property and Assessments
  • Assessment Amount: $1,153,900
  • Assessment Year: 2024
  • Property Class: Residential
  • Property Type: Single Family
  • Construction Status: Existing
  • Easements: Unknown
  • Flood Zone: Unknown
  • PreConstruction: No
  • Surveyed: Unknown
  • Water Body Restrictions: Unknown
  • Year Built: 2005
  • School District: Salem School District
  • High School: Salem High School
  • Elementary School: North Salem Elementary
Utilities
  • Electric: 200+ Amp Service, Circuit Breaker(s)
  • Sewer: Private
  • Water Source: Private
  • Utilities: Cable
  • Water Access Details: Beach Access, Dock Access
  • Internet: High Speed Intrnt Avail
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Vinyl Siding
  • Roof: Asphalt Shingle
Interior Features
  • Appliances: ENERGY STAR Qual Dishwshr, Dryer, Freezer, Microwave, Double Oven, Gas Range, Refrigerator, Washer, Wine Cooler, Water Heater
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Finished, Full, Walkout, Interior Access, Exterior Access
  • Rooms: Level 1: Level 1: Dining Room, Level 1: Family Room, Level 1: Foyer, Level 1: Eat-in Kitchen, Level 1: Primary Bdm Ste, Level 1: Office/Study
  • Rooms: Level 2: Level 2: Bedroom, Level 2: Full Bathroom, Level 2: Other
  • Flooring: Carpet, Ceramic Tile, Hardwood, Manufactured
  • Heating: Forced Air
  • Cooling: Central AC
  • Total Stories: 2
  • Rooms Total: 13
  • Bathrooms Full: 3
  • Bathrooms Half: 2
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bedrooms Total: 5
  • Bathrooms Total: 5
Room Information
Room 1
  • Room Level: 1
  • Room Type: Primary BR Suite
Room 2
  • Room Level: 1
  • Room Type: Eat-in Kitchen
Room 3
  • Room Level: 1
  • Room Type: Dining Room
Room 4
  • Room Level: 1
  • Room Type: Family Room
Room 5
  • Room Level: 1
  • Room Type: Office/Study
Room 6
  • Room Level: 2
  • Room Type: Bedroom
Room 7
  • Room Level: 2
  • Room Type: Bedroom
Room 8
  • Room Level: 2
  • Room Type: Bedroom
Room 9
  • Room Level: 2
  • Room Type: Other
Room 10
  • Room Level: 1
  • Room Type: Foyer
Room 11
  • Room Level: 2
  • Room Type: Bathroom Full

Property History for 20 Gillis Terrace

DateEvent & SourcePriceAppreciation
Sep 2, 2025

Sold (Public Record)

Public Record #1912377227

$1,890,000

+1914.4% / yr

Sep 2, 2025

Sold

New England Real Estate Network #5052552

$1,890,000—
Jul 25, 2025

Pending

New England Real Estate Network #5052552

—
DateEvent & SourcePrice
09/02/2025

Sold (Public Record)

Public Record #1912377227

$1,890,000

+1914.4% / yr

09/02/2025

Sold

New England Real Estate Network #5052552

$1,890,000
07/25/2025

Pending

New England Real Estate Network #5052552

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 20 Gillis Terrace

Taxable ValueLand$433,400Additions$780,600Total$1,214,000
Tax Record2025$22,046 ($1,837 / month)
Home Facts
Beds5Baths5Total Finished SqFt4,780 SqFtAbove Grade Finished SqFt4,780 SqFtUnfinished Basement SqFt240 SqFtStories2Lot Size13,939 SqFtStyleSingle Family ResidenceYear Built2005ZoningRECCountyROCKINGHAMAPNSLEM M:28 B:5724 L:Fireplace TypeHas Fireplace

Schools near 20 Gillis Terrace

This home is within Salem School District.
Rating
School
Type
Grades
Distance
North Salem Elementary School
Public - K to 5
Woodbury School
Public - 6 to 8
Salem High School
Public - 9 to 12
Rating
School
Distance
North Salem Elementary School
PublicK to 5

Woodbury School
Public6 to 8

Salem High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 04/28/2026 05:12 PM