314 Essex St, Salem, MA 01970

$1,845,000
6
BD
6
BA
4,670
SqFt

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Listing courtesy of Listing Agent: The Bakhtiari Group from Listing Office: Compass.

List Price
$1,845,000
Status
ACTIVE
Days on Market
84
Price Change
▼ $50,000 1792630249
MLS#
73564359
Subtype
Residential
Style
Antique, Georgian
Year Built
1755
Bedrooms
6
Bathrooms
6
Full Baths
4
Half Baths
2
Living Area
4,670
Lot Size
4,791
Acres
0.11
Subdivision
McIntire Historic District

Property 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.

Additional Information

Exterior Features
Patio, Fenced Yard, Garden
Taxes
$19,275
Property Description
Antique, Georgian
Zoning
B1
Flooring
Wood, Tile
Appliances
Electric Water Heater, Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer
Heating
Forced Air, Heat Pump, Natural Gas, Ductless
Air Conditioning
Central Air, Heat Pump, Ductless
Exterior Features
Frame
Foundation
Stone, Brick/Mortar
Parking Features
Off Street, Paved

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