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Maggie Li

I'm Maggie Li, a Newton, MA real estate agent serving first-time buyers, luxury clients and sellers across Greater Boston in English & Mandarin. Let's find your home.

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Equal Housing Opportunity. Information deemed reliable but not guaranteed.

  1. Home
  2. Listings
  3. 314 Essex St, Salem, MA 01970
Active
3 Days on market
314 Essex St Salem — Photo 1 of 42

314 Essex St Salem — Photo 1 of 42

$1,895,000

314 Essex St, Salem, MA 01970

Salem, MA 01970 — McIntire Historic District

Beds

6

Baths

5

SqFt

4,670

Style

Single Family

Built

1755

Older than America and standing directly beside Salem's iconic Witch House, the Lindall-Gibbs-Osgood House is a remarkable piece of New England history. Built c.1755, this Georgian-style gambrel offers 4,670 SF across three finished levels and was extensively restored and renovated in 2016, thoughtfully preserving original floors, fireplaces and centuries-old architectural details while introducing modern systems and amenities.A gracious reception foyer anchors the main level, flanked by two formal parlors with wood-burning fireplaces, an elegant dining room and an extraordinary chef's kitchen where an original cooking hearth meets commercial-scale appliances and a steam wall oven. The second floor offers three spacious en-suite bedrooms arranged around a generous central landing. Above, the expansive third level creates a private retreat with a primary suite, spa-like bath, walk-in closet, kitchenette, den, gym and office.Outside, a lush fenced garden provides an unexpected sense of privacy in the heart of downtown Salem, complemented by two coveted off-street parking spaces. Set within the historic McIntire District (one of the nation's largest concentrations of pre-1900 architecture), the home is moments from Salem's restaurants, museums, shops, waterfront and commuter rail.Beyond its appeal as an extraordinary private residence, the home's configuration, en-suite accommodations, substantial common spaces, commercial-scale kitchen, history and prominent downtown location present intriguing possibilities for an owner-occupied inn, guesthouse, boutique hospitality or event concept (subject to City approvals and buyer due diligence). Furnishings may also be available by negotiation.With more than 270 years of history, remarkable architectural character and a setting beside one of New England's most recognizable historic landmarks, 314 Essex Street represents a rare opportunity to become the next steward of an irreplaceable piece of Salem history.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$406/sqft
Local Avg (Salem)$366/sqft
11% AboveMarket Average

* Analysis is based on 20 actively listed and recently sold comparable properties strictly within Salem, MA.

Property Details

Financials

Original Price$1,895,000
Annual Taxes$19,275

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms16
Fireplaces4
FlooringWood, Tile
BasementFull, Partially Finished

Climate & Utilities

HeatingForced Air, Heat Pump, Natural Gas, Ductless
CoolingCentral Air, Heat Pump, Ductless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone, Brick/Mortar
ZoningB1

Property & Lot

Acres0.11
SqFt Lot4,791
Lot FeaturesLevel

Amenities & Appliances

Electric Water Heater • Range • Dishwasher • Disposal • Refrigerator • Freezer • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Medical Facility • House of Worship • Marina • Private School

Geography

Property History

Listed
$1,895,000

Aug 17, 2026

MLS® 73564359

Listed
$1,895,000

Aug 17, 2026

MLS® 73564360

Expired
$1,875,000

Jul 31, 2026

MLS® 73515923

Expired
$1,875,000

Jul 31, 2026

MLS® 73516005

Listed
$1,875,000

May 11, 2026

MLS® 73515923

Listed
$1,875,000

May 11, 2026

MLS® 73516005

Population

44,738

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$85K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

50.4%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 4,670 sq ft principal dwelling). Lot size: 4,791 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Full Salem, MA market report ZIP 01970 market data
Listing Provided By

Listing Agent: Colby Coppage

Listing Office: Compass

MLS® Number: 73564359

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