Foreclosure for Sale on Mandalay Dr, Peabody, MA 01960

Foreclosures › Massachusetts › Essex › Peabody › Mandalay Dr
Pre-foreclosure property at Mandalay Dr, Peabody, MA 01960. 5 bed 3 bath 2,332 sq ft Essex County foreclosure listing.
Pre-foreclosure Active 70 days on market
Mandalay Dr, Peabody, MA 01960
Price TBD
Essex County · Massachusetts
5
Bedrooms
3
Bathrooms
2,332
Sq ft
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Property details
Listing type Preforeclosure
Property type SingleFamily
Bedrooms 5
Bathrooms 3
Living area 2,332 sq ft
County Essex County
State Massachusetts
ZIP 01960
Days on Market 70 days
Listing ID 65812675
About this property

This home in Peabody, MA is in preforeclosure, which means the homeowner is in default (missed payments). Therefore, there could be an opportunity to strike a great deal with the owner and the bank.

📊 Essex County Market · Updated daily
Active Listings
669
Avg. Est. Value
$553,800
Bank-Owned (REO)
37
Pre-Foreclosures
632

73 active foreclosure listings in Peabody, MA.

Browse all Essex County foreclosures →
❓ Frequently Asked Questions
This is a pre-foreclosure property. The homeowner is behind on mortgage payments but the property has not yet been auctioned. Buyers can negotiate directly with the owner, arrange financing, and conduct a full inspection — often at a price below market value.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Essex County foreclosures for additional guidance on the purchase process.
There are currently 73 active foreclosure listings in Peabody, MA. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition — most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status — eviction may be required if the property is occupied.
🌊 Flood Zone · FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

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🏦 Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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📍 Location Map · Peabody, MA Open in Google Maps →
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🏘️ Neighborhood Profile · ZIP 01960 · U.S. Census ACS
Population
54,057
Median Age
46.8 yrs
Households
22,568
Median Household Income
$91,032
Median Home Value
$508,600
Median Rent
$1,795/mo
Owner-Occupied
65% of homes
Vacancy Rate
3% of units
Unemployment Rate
4.5%

~25% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
🏫 Schools · NCES 2024–25
Schools in ZIP 01960
🏫 Elementary
Captain Samuel Brown
Grades K–5·Peabody ZIP 01960
John E Burke
Grades K–5·Peabody ZIP 01960
John E. McCarthy
Grades K–5·Peabody ZIP 01960
South Memorial
Grades Pre-K–5·Peabody ZIP 01960
Thomas Carroll
Grades Pre-K–5·Peabody ZIP 01960
🏫 Middle
J Henry Higgins Middle
Grades 6–8·Peabody ZIP 01960
🎓 High
Peabody Veterans Memorial High
Grades 9–12·Peabody ZIP 01960

Source: NCES CCD 2024–25 · nces.ed.gov

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