CONTINGENT

Listed by Allison Mundry • Keller Williams Gateway Realty/Salem.

Contingent

$449,000

Est. $3,033/mo —

•

1,208

sq ft

138 Shadow Lake Rd, Salem, NH 03079

About this home

Welcome to 138 Shadow Lake Road where everyday living meets the beauty of the lake! Enjoy the changing seasons with lake views and deeded/right-of-way access to Shadow Lake directly across the street. Whether you're enjoying a morning coffee in front of the woodstove, relaxing on the private back deck, or gathering with family and friends in the spacious yard, this charming three-bedroom Colonial offers a wonderful place to call home. Inside, you'll find an open concept kitchen with a small island, stainless steel appliances and tile flooring. This opens up to the livingroom, giving it a spacious feeling. A familyroom at the front of the house gives the opportunity for office, playroom, sleeping room etc. On the backside of the home, the room doubles as a mudroom/laundry room/game room etc. , and provides convenience and additional space. Outside, the private deck, generous side and backyard, paved driveway with parking for 6+ vehicles, and storage shed, provide plenty of space for entertaining, relaxing, and enjoying the outdoors. Numerous updates add peace of mind, including septic, a new heating system, newer oil tank, updated bathroom, siding, new decking, front porch, and shed. And the location? Just minutes to Routes 28 and 93, with restaurants, shopping, and everyday amenities nearby including the Tuscan Village. Lake access and views to Shadow Lake, a welcoming home, and a setting made for enjoying all four seasons. 138 Shadow Lake Road is ready to welcome you home!

Single-familyProperty Type

1918Year Built

6,098 sq ftLot Size

$372Price/Sq.Ft.

Listed by Allison Mundry • Keller Williams Gateway Realty/Salem

Listing updated: Oct 13, 2026 at 10:31pm

Redfin checked: 4 minutes ago

•Source:PrimeMLS #5104846

Payment calculator

$3,033 per month

Principal and interest$2,512

Property taxes

$435

HOA dues

Home insurance

$86

Utilities

Add

5 minutes to get started. No credit impact.

Affordability tools

Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN SAT, 10AM TO 12PM
$1,124,500
3 beds2 baths1,846 sq ft
23 Escumbuit Rd, Derry, NH 03038
OPEN SAT, 10:30AM TO 12:30PM
$595,000
2 beds2 baths1,728 sq ft
16 Sleepy Hollow Rd, Atkinson, NH 03811
OPEN SAT, 11AM TO 1PM
$569,900
3 beds2.5 baths2,122 sq ft
11A Central St Unit A, East Hampstead, NH 03826
OPEN SAT, 11AM TO 1PM
$679,900
4 beds2 baths2,088 sq ft
18 Juniper Rd, Derry, NH 03038
OPEN SAT, 11AM TO 1PM
$549,000
3 beds1.5 baths2,180 sq ft
18 E Derry Rd, Derry, NH 03038
OPEN SAT, 11AM TO 12:30PM
$599,900
3 beds2 baths1,800 sq ft
26 Crestwood Cir, Lawrence, MA 01843
OPEN SAT, 11AM TO 12:30PM
$599,900
3 beds2 baths2,091 sq ft
40 South Warren, Haverhill, MA 01835
OPEN SAT, 11:30AM TO 1PM
$485,000
3 beds1.5 baths1,425 sq ft
8 Morton St, North Andover, MA 01845
OPEN SAT, 1PM TO 3PM
$529,900
3 beds2 baths1,525 sq ft
8 Glasgow Cir, Hudson, NH 03051
REDFIN OPEN SUN, 12PM TO 1:30PM3D WALKTHROUGH
$479,900
2 beds2.5 baths2,146 sq ft
5 Old Robinson Rd Unit B, Hudson, NH 03051

Around this home

Schools

K - 12
Preschool & daycare

North Salem Elementary School

Public K-5 • Assigned • 0.5mi

6/10

Woodbury School

Public 6-8 • Assigned • 2.9mi

5/10

Salem High School

Public 9-12 • Assigned • 3.1mi

6/10

Provided by GreatSchools

About Wheeler's

Mill

Wheeler's Mill, located between NH-28 (South Broadway) and the Massachusetts line, is a residential and retail-adjacent Salem neighborhood with wooded pockets and a commuter-road rhythm. The neighborhood’s character concentrates around the NH-28 corridor near the Tuscan Village district, where sidewalks meet storefront lighting, patios, and steady evening foot traffic. Housing reads as late-20th-century subdivisions and condo communities set against small stands of pines and wetland edges. Canobie Lake Park and the Canobie Lake shoreline set a seasonal backdrop of rides, water views, and lakeside roads. The Rockingham Park at The Mall at Rockingham Park anchors big-day errands and indoor walking loops. Derry Road and local side streets keep the feel quieter away from the main strip.

Provided by Walk Score and Local Logic

Market insights

138 Shadow Lake Rd · $449,000

DAYS ON MARKET

The average home goes pending in 42 days.

SALE-TO-LIST

Most homes are selling 1% above list price.

LIST PRICE

Median sale price in this area is $678,597. (51% higher than this home)

PRICE DROP

19% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bedroom

Living

Dining

Interior features
6 total rooms
Mudroom
Family room
Living room
Kitchen

Bedrooms
Three bedrooms (two on the 2nd floor, one bedroom listed without level)
Bedroom sizes approximately 17 x 9, 12 x 9, 12 x 8

Bathrooms
1 full bathroom

Kitchen
Dishwasher
Electric range
Refrigerator

Laundry & utility
Water heater (off boiler)

Flooring
Carpet
Ceramic tile
Hardwood

Heating & cooling
Oil heat
Baseboard heating

Sale and tax history for 138 Shadow Lake Rd

Sale History
Tax History

Date

Event

Price

PrimeMLS #5104846

Aug 20, 2026

Contingent

—

Aug 13, 2026

Listed

$449,000

$372/sq ft

MLS PIN #72743868

Nov 24, 2020

Sold

$265,000

$219/sq ft

Oct 15, 2020

Listed

$275,000

$228/sq ft

+18

Welcome home to 138 Shadow Lake Road! Enjoy all seasons with lake views and ROW to lake. Three bedroom Colonial with updated kitchen and stainless steel appliances and tile flooriing.Updated bath. Hardwood flooring in living room/dining area and all 3 bedrooms.Heated front porch with cedar closet. Private deck on side of home. Laundry on first floor that also can be used for storage. 3 years' old 3 bedroom septic system, drilled well and hot water tank.Paved driveway with parkihg for 6+ vehiclles.Good sized side and back yard - perfect for year round gatherings! Site assessment complete. Listing agent realted to seller. Minutes from RT 28 and RT93. Close to all area amenities, restaurants and shopping..

PrimeMLS #4830817

Nov 24, 2020

Sold

$265,000

$219/sq ft

Oct 21, 2020

Pending

—

Oct 13, 2020

Price Changed

$275,000

$228/sq ft

Oct 6, 2020

Price Changed

$285,000

$236/sq ft

Sep 25, 2020

Listed

$290,000

$240/sq ft

+27

NEW PRICE! Welcome Home to 138 Shadow Lake Road! Enjoy all four seasons with lake views and ROW to water. Three Bedroom Colonial with updated kitchen and stainless steel appliances and tile flooring. Updated bath. Hardwood flooring in living room/dining area and all three bedrooms. Heated front porch and it even has a cedar closet! Private deck on back side of home. Laundry room on first floor that also can be used for storage. 3 Years old 3 Bedroom septic system, drilled well and electric hot water tank. .. Paved driveway with parking for 6+ vehicles. Good sized side and back yard - perfect for year round gatherings! Site assessment complete and included in Documents. Listing agent related to seller. Minutes from RT 28 and RT 93.. close to all area restaurants, shopping and amenities. Vacant and easy to show.

MLS PIN #72006759

Dec 23, 2016

Sold

$166,000

$137/sq ft

Dec 6, 2016

Pending

—

Nov 4, 2016

Relisted

—

Jul 1, 2016

Pending

—

Jun 6, 2016

Price Changed

$175,000

$145/sq ft

May 17, 2016

Listed

$185,000

$153/sq ft

PrimeMLS #4490600

Dec 27, 2016

Sold

$166,000

$137/sq ft

Dec 6, 2016

Pending

—

Nov 4, 2016

Relisted

—

Jul 1, 2016

Contingent

—

Jun 6, 2016

Price Changed

$175,000

$145/sq ft

May 18, 2016

Relisted

—

May 18, 2016

Delisted

—

May 17, 2016

Listed

$185,000

$153/sq ft

PrimeMLS #1

Jun 15, 2015

Price Changed

$165,000

$137/sq ft

May 27, 2015

Price Changed

$170,000

$141/sq ft

MLS PIN #70585753

Aug 24, 2007

Sold

$180,000

$149/sq ft

Jul 17, 2007

Listing Removed

—

May 25, 2007

Listed

$194,900

$161/sq ft

PrimeMLS #2656072

Aug 23, 2007

Sold

$180,000

$149/sq ft

May 22, 2007

Listed

$194,900

$161/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$5,221 (+3.2%)

$118,400 + $169,100

$287,500

2024

$5,060 (+3.8%)

$118,400 + $169,100

$287,500

2023

$4,876 (+5.7%)

$118,400 + $169,100

$287,500

2022

$4,614 (+0.4%)

$118,400 + $169,100

$287,500

2021

$4,594 (+12.0%)

$118,400 + $169,100

$287,500

2020

$4,100 (+0.2%)

$84,600 + $101,600

$186,200

2019

$4,093 (+1.7%)

$84,600 + $101,600

$186,200

2018

$4,024 (+3.7%)

$84,600 + $101,600

$186,200

2017

$3,880 (+2.0%)

$84,600 + $101,600

$186,200

2016

$3,804 (+2.8%)

$84,600 + $101,600

$186,200

2015

$3,700

$88,700 + $84,300

$173,000

Public record

Public record
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

6,098 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

1,362

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,362

Year built

1918

Style

Single Family Residential

County

Rockingham County

APN

587966

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on May 15, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 97° expected this year, 15 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Salem, NH • 03079

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

94/ 100

Exceptional sunlight

Sunscore

This home receives average direct sun exposure in Salem. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.9 hrs

5.3 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 138 Shadow Lake Rd

$452,486

$3,486 over list price of $449K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $455K to $556K.

SOLD SEP 25, 2026
$526,000 Last sold price
3 beds1 bath1,176 sq ft
122 N Main St, Salem, NH 03079
$75/sq ft
larger lot
22 years newer
SOLD AUG 7, 2026
$520,000 Last sold price
3 beds1 bath1,488 sq ft
97 Old Rockingham Rd, Salem, NH 03079
$23/sq ft
larger lot
31 years newer
SOLD JUL 29, 2026
$555,000 Last sold price
3 beds1 bath1,244 sq ft
43 Bluff St, Salem, NH 03079
$74/sq ft
larger lot
36 years newer
SOLD APR 10, 2026
$515,000 Last sold price
2 beds1 bath1,304 sq ft
64 Lake St, Salem, NH 03079
$23/sq ft
larger lot
41 years newer
SOLD APR 3, 2026
$555,500 Last sold price
2 beds1.5 baths1,536 sq ft
15 King St, Salem, NH 03079
$10/sq ft
smaller lot
97 years newer
SOLD SEP 1, 2026
$455,000 Last sold price
2 beds1.5 baths1,392 sq ft
30 Harris Rd, Windham, NH 03087
$45/sq ft
larger lot
18 years older

Rental earnings

Est. $2,300 per month, based on comparable rentals

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(603) 288-1213

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Details provided by PrimeMLS and may not match the public record. Learn more.

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