For Sale

314 Essex St, Salem, MA

Salem · MA 01970

$1,845,000
Price
6
Beds
5
Baths
4670
Sq. ft.

Overview

Property type: Single Family
Year built: Built in 1755
Lot size: 4,791 Sq.Ft Lot
Price per square foot: $395 / Sq.Ft
Parking: 2 Off Street Spaces
Heating & cooling: Heat, Mini-Split, Gas, AC

About this home

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.

Neighborhood & Transit

McIntire Historic District

314 Essex St, Salem · MA 01970

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Salem Commuter Rail 1 route 0.29 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
79 days
Listing Price:
$1,845,000
Price per Sq.Ft:
$395
Tax Assessment:
$1,778,800 in 2026
Taxes:
$1,606 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
4
Half Bathrooms
2
Living Area
4,670 Sq.Ft (Includes Basement)
Kitchen
Dishwasher, Range, Garbage Disposal, Refrigerator, Freezer, Washer, Dryer
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
16
Above grade area
4330
Flooring
Wood, Tile
Lead paint
Unknown

Utilities

Heating Type
Ductless Mini-Split System, Forced Air, Gas, Unit Control
Heating Zone
Unknown
Cooling
Ductless Mini-Split System, Central Air, Heat Pump
Cooling Zones
Unknown
Water
City/Town Water
Sewer
City/Town Sewer
Electric Features
400 Amps

Exterior Features

Lot Size
4,791 Sq.Ft
Lot Description
Fenced/Enclosed, Level
Exterior Features
Garden Area, Patio, Fenced Yard

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
2 Parking Spaces, Off-Street, Paved Driveway

Construction Details

Construction Type
Frame
Siding
Clapboard, Wood
Roof
Asphalt/Fiberglass Shingles

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
The Bakhtiari Group
Listing office
Compass
MLS PIN #
73564359
Disclosure
Property is currently zoned as a 1-Family. Has been commercial in it's past. Buyer to do own due diligence as to zoning changes required for commercial use.