This stunning home is located on one of the most beautiful streets on the North Shore. Come see this 19th-century Federalist single family townhouse, thoughtfully renovated in 2021 with care and attention to detail. From the moment you enter the cheery foyer, you're drawn into a spacious double parlor with floor-to-ceiling windows and two fireplaces. Just beyond, the formal dining room features a bay window and its own fireplace. The kitchen blends classic character with modern convenience, offering high-end cabinetry, stainless steel appliances, an island, and a breakfast nook. Upstairs, the primary suite offers a peaceful retreat with a walk-in closet and a beautiful en suite bath that includes a soaking tub. Two additional bedrooms and a stylish full bath complete the 2nd floor. The third level adds even more flexibility, with two more bedrooms, another full bath, and a cedar storage room. The top floor offers a creative space with its own bath. Enchanting yard and 2 car Parking.
For sale
$2,375,000
38 Chestnut St, Salem, MA 01970
5beds
5,807sqft
Est.:
Single Family Residence
Built in 1850
3,851 Square Feet Lot
$2,328,500 Zestimate®
$409/sqft
$-- HOA
What's special
Creative spaceFormal dining roomEnchanting yardSpacious double parlorBeautiful streetsEn suite bathStainless steel appliances
- 93 days |
- 4,946 |
- 259 |
Zillow last checked: 8 hours ago
Listing updated: November 28, 2025 at 12:05am
Listed by:
Beth Jacobs 781-820-9957,
Coldwell Banker Realty - Marblehead 781-631-9511
Source: MLS PIN,MLS#: 73417206
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Primary bedroom
- Features: Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood
- Level: Second
Bedroom 2
- Features: Flooring - Hardwood
- Level: Second
Bedroom 3
- Features: Fireplace, Closet, Flooring - Hardwood, Lighting - Overhead
- Level: Second
Bedroom 4
- Features: Closet, Flooring - Hardwood
- Level: Third
Bedroom 5
- Features: Closet, Flooring - Hardwood
- Level: Third
Primary bathroom
- Features: Yes
Bathroom 1
- Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Soaking Tub
- Level: Second
Bathroom 2
- Features: Bathroom - Full, Bathroom - Tiled With Shower Stall
- Level: Second
Bathroom 3
- Features: Bathroom - Full, Bathroom - Tiled With Shower Stall
- Level: Third
Dining room
- Features: Flooring - Hardwood
- Level: First
Family room
- Features: Flooring - Hardwood
- Level: First
Kitchen
- Features: Closet/Cabinets - Custom Built, Dining Area, Countertops - Stone/Granite/Solid, French Doors, Kitchen Island, Deck - Exterior, Exterior Access, Recessed Lighting, Remodeled, Second Dishwasher, Stainless Steel Appliances, Gas Stove
- Level: First
Living room
- Features: Flooring - Hardwood
- Level: First
Office
- Features: Skylight, Ceiling - Vaulted
- Level: Fourth Floor
Heating
- Forced Air, Radiant, Natural Gas, Electric
Cooling
- Central Air, Window Unit(s)
Appliances
- Laundry: Bathroom - 1/4, In Basement
Features
- Vaulted Ceiling(s), Bathroom - 3/4, Soaking Tub, Bathroom - Half, Home Office, Bathroom
- Flooring: Tile, Marble, Hardwood
- Windows: Skylight(s)
- Basement: Full,Bulkhead
- Number of fireplaces: 8
- Fireplace features: Dining Room, Family Room, Kitchen, Living Room, Master Bedroom, Bedroom
Interior area
- Total structure area: 5,807
- Total interior livable area: 5,807 sqft
- Finished area above ground: 5,807
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Paved Drive, Off Street
- Uncovered spaces: 2
Features
- Patio & porch: Deck
- Exterior features: Deck, Fenced Yard
- Fencing: Fenced
- Waterfront features: Bay, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Other (See Remarks))
Lot
- Size: 3,851 Square Feet
Details
- Parcel number: 2131597
- Zoning: R1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Federal
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Frame, Brick
- Foundation: Irregular
- Roof: Shingle,Slate,Rubber
Condition
- Year built: 1850
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Marina, Public School, T-Station, University
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $409/sqft
- Tax assessed value: $1,972,900
- Annual tax amount: $22,373
- Date on market: 9/11/2025
- Exclusions: Sconces In Front Hall And Dining Room, 0utdoor Chandelier, Primary Bath Chandelier, Kitchen Chandelier
Estimated market value
$2,328,500
$2.21M - $2.44M
$7,508/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/30/2025 | Listed for sale | $2,375,000$409/sqft |
Source: MLS PIN #73417206 Report a problem | ||
| 10/1/2025 | Listing removed | $2,375,000$409/sqft |
Source: MLS PIN #73417206 Report a problem | ||
| 8/13/2025 | Listed for sale | $2,375,000+87.7%$409/sqft |
Source: MLS PIN #73417206 Report a problem | ||
| 4/15/2020 | Sold | $1,265,000-2.3%$218/sqft |
Source: Public Record Report a problem | ||
| 3/9/2020 | Pending sale | $1,295,000$223/sqft |
Source: Gibson Sotheby's International Realty #72629785 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $22,373 +2.9% | $1,972,900 +5.5% |
| 2024 | $21,740 -1.7% | $1,870,900 +5.8% |
| 2023 | $22,126 | $1,768,700 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$14,908/mo
Principal & interest
$12098
Property taxes
$1979
Home insurance
$831
Climate risks
Neighborhood: 01970
Nearby schools
GreatSchools rating
- 5/10Saltonstall SchoolGrades: K-8Distance: 0.7 mi
- NASalem Prep High SchoolGrades: 9-12Distance: 0.5 mi
- 4/10Collins Middle SchoolGrades: 6-8Distance: 0.3 mi
- Loading
- Loading






