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Simply amazing — a luxury residence on coveted Lamplighter Lane offering over 3, 600 sq ft of immaculate living tailored for entertaining and everyday elegance. Step into a soaring family room with vaulted ceilings, a gas fireplace and an included home-theater system — perfect for movie nights or intimate gatherings. The gourmet kitchen features a generous wrap-around bar and offers space for both casual and formal dining. Outdoor amenities read like a private resort: heated Gunite pool, gas fire pit, full irrigation for a lush lawn, and expansive patios for dining and lounging. Practical luxury is everywhere — a standby generator capable of powering the entire home, a heated 3-car garage for winter comfort, and beautiful hardwood floors throughout. Upstairs offers four generous bedrooms, highlighted by a sumptuous primary suite with its own gas fireplace, tiled shower and soaking tub. Plans are already drawn for further expansion — a finished lower level with an added bath and a detached 2-car garage at the end of the driveway — giving you options to customize and grow. This is sophisticated, move-in ready living in one of Salem’s most desirable enclaves. Schedule your private showing today to experience Lamplighter Lane lifestyle in person.
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 PrimMLS. 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 5/6/2026Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,395,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $1,116,000 | $1,116,000 | $1,116,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.349% | 6.058% |
| Monthly Tax Payment | $1,449 | $1,449 | $1,449 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,249 | $6,781 | $9,342 |
| Total Monthly Payment | $7,823 | $8,355 | $10,916 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.