278 Newbury St, Peabody, MA 01960, USA
(978) 535-2862
Introduction / Overview
For many Massachusetts residents, particularly those looking for an affordable path to homeownership without sacrificing the convenience of North Shore living, Whispering Meadows Co-op in Peabody offers a compelling and unique alternative. This is not a traditional rental park, but a resident-owned community (ROC), a distinctive model that allows members to collectively own the land and infrastructure beneath their homes. This co-operative structure is designed to foster a strong sense of community, offer financial stability through controlled lot fees, and give residents a voice in the operation and management of their neighborhood.
Located strategically in the vibrant city of Peabody, Whispering Meadows Co-op is lauded by residents for its combination of tranquility and accessibility. The neighborhood is described as a "friendly place to live," making it an attractive option for retirees, young professionals, and families alike who are drawn to the North Shore region. While the co-op model involves shared ownership and participation, which has led some members to seek greater transparency in internal affairs, the fundamental benefit of living in an investment-based, established community remains highly valued. The opportunity to own a home in Essex County at a price point significantly lower than conventional stick-built homes is a major draw for local users.
The homes within the community are typically well-maintained, feature comfortable layouts, and are part of a suburban neighborhood environment. The cooperative format means that residents are not merely tenants, but active shareholders in their shared environment, often resulting in a greater commitment to maintenance and collective security. This blend of individual homeownership within a community-governed structure distinguishes Whispering Meadows Co-op as a smart residential choice in a competitive Massachusetts housing market.
Location and Accessibility
Whispering Meadows Co-op is located at
278 Newbury St, Peabody, MA 01960, USA
, positioning it in a highly convenient area of Peabody, a city known for its rich history and modern suburban development. Peabody itself is an integral part of the North Shore region and the Greater Boston metro area.The co-op’s location provides exceptional accessibility for Massachusetts commuters and travelers. It is situated very close to several major regional highways, including
U.S. Route 1
andInterstate 95 (I-95)
, which efficiently connect residents to key destinations. A resident-provided review highlights this benefit, noting the park’s proximity to "routes to Boston and New Hampshire." Downtown Boston is approximately 15 to 20 miles away, translating to an easy commute (traffic permitting) or a quick trip for city amenities. Conversely, I-95 provides direct access northward toward the New Hampshire border, making weekend getaways or daily trips to destinations like Portsmouth straightforward.Beyond regional travel, the immediate neighborhood is a hub of amenities. The community is minutes away from essential services and leisure destinations, including medical facilities, a variety of dining options, and major shopping centers like the renowned
Northshore Mall
. Residents also benefit from Peabody’s municipal services and the community’s closeness to local parks, recreational activities, and therail trail
, which is perfect for walks and dog exercise, as noted by a homeowner. This combination of affordability, a quiet residential setting, and unparalleled access to the commercial and transportation infrastructure of the North Shore is what makes the Whispering Meadows Co-op highly appealing.
Services Offered
As a resident-owned community, the "services offered" at Whispering Meadows Co-op are generally bundled into a monthly co-op fee (often referred to as 'park rent' or 'co-op fee'). This fee covers shared costs and essential community services, contributing to a simplified and predictable monthly housing expense for homeowners. Typical services included in the monthly fee are:
Features / Highlights
ROC
): The paramount feature is the co-operative ownership structure. Residents own a share of the community, providing increased security against sudden rent hikes and promoting long-term stability and pride in their neighborhood.
Contact Information
For Massachusetts residents interested in exploring homeownership or lot leasing opportunities within this community, or for existing members needing administrative information, please use the contact details below. It is always recommended to verify the current co-op board procedures and operational hours when making inquiries.
Address: 278 Newbury St, Peabody, MA 01960, USA
Phone: (978) 535-2862
Mobile Phone: +1 978-535-2862 (Used as a secondary contact line)
Conclusion: Why this place is suitable for locals
Whispering Meadows Co-op is uniquely suitable for Massachusetts locals because it addresses the state’s persistent challenge of balancing high quality of life with rising housing costs, particularly in the highly desirable North Shore area. For retirees, it offers a peaceful, lower-cost lifestyle with tandem parking and low-maintenance needs, allowing them to remain close to the amenities and family ties of Essex County without the expense of a traditional home. The co-op model ensures that their investment is protected by a community they co-own and control.
For commuters and families, the location’s superior access to I-95 and Route 1 makes the daily drive to Boston, Cambridge, or the employment centers of Southern New Hampshire highly manageable. The convenience of having every necessity—from groceries at a massive supermarket to the Northshore Mall, and quick access to medical facilities—all within a very short drive or even walking distance, solidifies its position as a practical and smart choice. In a region where housing security and affordability are paramount, Whispering Meadows Co-op provides Massachusetts residents with a stable, invested, and friendly community environment. It is more than just a place to park a home; it is an ownership-based community solution on the North Shore.
278 Newbury St, Peabody, MA 01960, USA
As a Co-op owner, I have spent over $25k. I have never received a statement. I realize this co-op has hidden a lot of activity. As a retiree, the so-called manager? I have had no input with this community. Now, as a member, who has invested fully, I expect, ALL financial records. That is the beginning.
Jun 18, 2021 · Patricia MccormackFriendly place to live near many amenities shopping, routes to Boston and New Hampshire
Jun 16, 2024 · Chris CaramanicaNice quiet mobile home park
Oct 21, 2021 · Linda Belanger
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