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314 Essex St, Salem, MA 01970

$1,895,000
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BEDS6 BATHS4 full 2 partial SQUARE FEET4,670 MLS#73564359
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONMcIntire Historic District

Property Description

Older than the country itself and standing directly beside Salems 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 owners 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 chefs 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 Salems 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 owners 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.

314 Essex St | MLS# 73564359

This single family home located at 314 Essex St, Salem, MA 01970 is currently listed for sale with an asking price of $1,895,000. This property was built in 1755 and has 6 bedrooms and 4 full and 2 partial baths with 4670 sq. ft. Essex St is located in the McIntire Historic District subdivision. Search McIntire Historic District real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Full, Partially Finished
Cooling: Central Air, Heat Pump, Ductless
Fenced: Yes
Fireplaces: 4
Heating: Forced Air, Heat Pump, Natural Gas, Ductless
Home Style: Antique, Georgian
Lot Size: 0.11 Acres
Roof Type: Shingle
Taxes: $19,275
Year Built: 1755

Amenities

Patio
Fenced Yard
Garden

Feature Descriptions

Appliances: Electric Water Heater, Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer
Building Area Total: 4670
Community Features: Public Transportation, Shopping, Medical Facility, House of Worship, Marina, Private School, Public School, T-Station, University
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 29
Exterior: Frame
Fencing: Fenced/Enclosed, Fenced
Fireplace Y/N: Yes
Flooring: Wood, Tile
HeatingY/N: 1
Lot Features: Level
Open Parking Y/N: Yes
Parcel Number: 2132788
Parking Features: Off Street, Paved
Parking Total: 2
Patio And Porch: Patio
Rooms Total: 16
Sewer: Public Sewer
Utilities: for Gas Range, for Gas Oven
Water: Public
Window Features: Storm Window(s)

Listed By / Shown By

Listed By

Agency Name: Compass
Agent Name: The Bakhtiari Group
Agency Phone: 978-248-8081

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Estimated Payment

$ 6,376.41 per month $4,217.45 Principal & Interest $1,606.25 Property Tax $552.71 Homeowner's Insurance

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