314 Essex St Salem, MA

$1,895,000
Beds 6
Baths 5
Square Feet 4,670
Acres 0.11
Photo of 314 Essex St Salem MA 01970




Description

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.


Listed by Compass, The Bakhtiari Group

Details

MLS 73564359
Status Active
Price $1,895,000
DOM 51 days
Type Single Family
Style Georgian, Antique
Beds 6
Baths 4 full, 2 half baths
Square Feet 4,670 sqft
Lot Size 0.11 acres
Year Built 1755

Lot & Building Features

Appliances Electric Water Heater, Freezer, Disposal, Dryer, Washer, Dishwasher, Refrigerator, Range
Construction Frame
Cooling Heat Pump, Ductless, Central Air
Heating Ductless, Heat Pump, Forced Air, Natural Gas
Sewer Public Sewer
Tax Year 2026
Taxes Paid $19,275
Water Public
Foundation Brick/Mortar, Stone
Exterior Features Garden, Fenced Yard, Patio
Roof Shingle
Full Baths 4
Half Baths 2
Parking Paved, Off Street
Total Rooms 16
Basement Feature Partially Finished, Full
Garage Spaces 0
Fireplaces 4

Map

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Financing

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20%
1%
6.75%
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$
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per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

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