INNOVATE
Real Estate
No photos available for this listing

$1,875,000

314 Essex St, Salem MA 01970
Salem, MA 01970
Listed by Andrew Pike
Bedrooms
N/A
Bathrooms
N/A
Living area
4,670 sqft
Year built
1755

About this home

Amazing Bed & Breakfast opportunity! Built in 1755, this historic Georgian style gambrel features more than 4,500 SF of living space on 3 levels and private fenced yard. This trophy home was completely renovated in 2016 back to its historic grandeur. The entry level features a spacious reception foyer flanked by 2 sitting rooms, both with wood burning fireplaces, a formal dining room with seating for 10+ ppl, and 1/2 bath. Also located on the 1st level is a one-of-a-kind chef's kitchen featuring a large wood-burning hearth and commercial-sized range, fridge, freezer, dishwasher and steam wall oven. The 2nd level features 3 en-suite bedrooms surrounding a spacious landing. The 3rd level boasts a massive primary suite w/ spa-worthy bath, walk-in closet, den, gym, kitchenette and office space. An enterprising owner may capitalize on the B&B/AirBNB and special event potential this location affords abutting the Witch House and downtown Salem.

Property details

MLS #
73516005
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.11 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Saltonstall School
0.67 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
378
Student:teacher ratio
10.5:1
District
Salem
Middle
Collins Middle
0.57 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
633
Student:teacher ratio
11.1:1
District
Salem
High
New Liberty Innovation School
0.31 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
54
Student:teacher ratio
13.5:1
District
Salem

Mortgage calculator

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Est. monthly payment
$11,441/mo
$375,000 down
$1,500,000 loan
Principal & interest$9,729
Property tax (est.)$1,563
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 12, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.