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Active under contractPrice cut: $20K (7/28)
$479,000
2beds
3,368sqft

338 N Main Street, Salem, NH 03079

2beds
3,368sqft
Single family residence
Built in 1788
1.10 Acres
4 Garage spaces
$142 price/sqft

What's special

Water views

Endless potential at 338 N Main Street. This circa 1790 property offers a rare opportunity to restore, renovate, or redevelop in a desirable location with water views. Bring your vision and unlock the value, ideal for investors, builders, or buyers looking to create their dream home. The lot has water views of Arlington Mill. Opportunities like this are hard to find, don’t miss your chance to transform this property into something exceptional.

123 days
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2,762
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125
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Source: PrimeMLS,MLS#: 5086773MLS Logo
Travel times

Family Room

Kitchen

Dining Room

Zillow last checked:

Listing updated:

Listed by:

Phil Harasek,

Keller Williams Gateway Realty/Salem 603-912-5470

Source: PrimeMLS,MLS#: 5086773MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
Heating
  • Oil, Steam
Cooling
  • None
Features
  • Basement: Dirt Floor,Interior Stairs,Interior Access,Interior Entry
Interior area
  • Total structure area: 4,510
  • Total interior livable area: 3,368 sqft
  • Finished area above ground: 3,368
  • Finished area below ground: 0

Property

Parking
  • Total spaces: 4
  • Parking features: Paved
  • Garage spaces: 4
Features
  • Levels: Two
  • Stories: 2
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • Body of water: Arlington Mill Reservoir
Lot
  • Size: 1.1 Acres
  • Features: Views
Details
  • Parcel number: SLEMM22B5756L
  • Zoning description: RUR

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Antique
  • Property subtype: Single Family Residence
Materials
  • Clapboard Exterior
  • Foundation: Fieldstone
  • Roof: Asphalt Shingle
Condition
  • New construction: No
  • Year built: 1788

Utilities & green energy

  • Electric: 200+ Amp Service
  • Sewer: Private Sewer
  • Utilities for property: Cable Available

Community & HOA

Location
  • Region: Salem

Financial & listing details

  • Price per square foot: $142/sqft
  • Tax assessed value: $471,400
  • Annual tax amount: $8,561
  • Date on market: 5/3/2026
  • Road surface type: Paved

Price history

DateEventPrice
7/28/2026Price change$479,000-4%$142/sqft
Source: PrimeMLS #5086773 Report a problem
6/17/2026Price change$499,000-9.1%$148/sqft
Source: PrimeMLS #5086773 Report a problem
6/2/2026Price change$549,000-5.2%$163/sqft
Source: PrimeMLS #5086773 Report a problem
5/16/2026Price change$579,000-3.5%$172/sqft
Source: PrimeMLS #5086773 Report a problem
5/8/2026Listed for sale$599,900+54.8%$178/sqft
Source: PrimeMLS #5086773 Report a problem
7/27/2006Sold$387,500$115/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2024$8,297 +3.8%$471,400
2023$7,995 +9.8%$471,400 +3.9%
2022$7,280 +1.8%$453,600 +39.7%
2020$7,150 +0.2%$324,700
2019$7,137 +5.5%$324,700 +3.7%
2018$6,768 +3.7%$313,200
2017$6,527 +2%$313,200
2016$6,399 -5%$313,200 -0.6%
2015$6,738 +2.9%$315,000
2014$6,549 +1.6%$315,000
2013$6,445 -0.6%$315,000
2012$6,483 +12%$315,000 -19.2%
2010$5,788 +9.9%$390,000 -1%
2007$5,265 $393,800

Find assessor info on the county website

Monthly payment

Est. payment
$2,989/mo
Principal & interest
$2438
Property taxes
$551
More affordability toolsChevron Right

Estimated market value

Not available

Estimated sales range

Not available

$3,512/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 03079

Nearby schools

North Salem Elementary School
Grades K-50.8 miles
6/10
GreatSchools® Rating
Test Score Rating
7/10
Student Progress Rating
4/10
Woodbury School
Grades 6-83.3 miles
5/10
GreatSchools® Rating
Test Score Rating
6/10
Student Progress Rating
4/10
Salem High School
Grades 9-123.5 miles
6/10
GreatSchools® Rating
College Readiness Rating
6/10