Active
48 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 the country itself and standing directly beside Salem’s iconic Witch House, the Lindall-Gibbs-Osgood House presents a rare opportunity for an exceptional historic residence or intimate, owner-occupied bed-and-breakfast in the heart of downtown Salem. Built c.1755, this Georgian-style gambrel offers approximately 4,670 square feet across three finished levels.The current owners purchased the property in 2012 and undertook an extensive three-and-a-half-year restoration and renovation, completed in 2016. Original floors, four working fireplaces and centuries-old architectural details were carefully preserved while modern systems, multiple heating and cooling zones and high-end amenities were introduced throughout.Following the renovation, the owners operated three guest rooms as a bed-and-breakfast. The layout is particularly well suited to owner-occupied hospitality, with three spacious en-suite bedrooms arranged around a generous second-floor landing and private owner’s quarters occupying the entire third level. The primary retreat includes a spa-like bath, walk-in closet, kitchenette, den, gym and office. The property may also offer potential to create additional guest rooms. A gracious reception foyer anchors the main level, flanked by two formal parlors with wood-burning fireplaces, an elegant dining room and a true chef’s kitchen. An original cooking hearth is paired with commercial-scale appliances, a steam wall oven and ample space for cooking, entertaining and gathering with guests.The partially finished lower level already includes a bathroom and offers additional flexibility and buildout potential. Outside, a beautifully maintained fenced garden provides unexpected privacy, complemented by two coveted off-street parking spaces.Located within Salem’s historic McIntire District, the property is moments from restaurants, museums, shops, the waterfront and commuter rail. Its en-suite accommodations, generous common areas, commercial-scale kitchen and separation between guest rooms and owner’s quarters create a compelling foundation for a distinctive Salem B&B. Its scale, private garden and thoughtful renovation make it equally appealing as a remarkable single-family residence. Furnishings may also be available by negotiation.

Key facts

It was listed on August 17, 2026. The annual property taxes are $19,275 (2026 tax year). It sits on a 0.11-acre (4,791 sq ft) lot.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$406/sqft
Local Avg (Salem)$378/sqft
7% AboveMarket Average

* Analysis is based on 21 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

Questions about this home

When was 314 Essex St, Salem listed?

314 Essex St, Salem was listed on August 17, 2026.

Has the price of 314 Essex St, Salem changed?

The price hasn't changed since it was listed at $1,895,000.

What are the property taxes for 314 Essex St, Salem?

The annual property taxes for 314 Essex St, Salem are $19,275 (2026 tax year).

How big is the lot at 314 Essex St, Salem?

314 Essex St, Salem sits on a 0.11-acre (4,791 sq ft) lot.

What is the status of 314 Essex St, Salem?

314 Essex St, Salem is actively listed for sale.

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

1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '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.

Listing Provided By

Listing Agent: The Bakhtiari Group

Listing Office: Compass

MLS® Number: 73564359