Active under contract
$479,000
2beds
3,368sqft
338 N Main Street, Salem, NH 03079
2beds
3,368sqft
Single Family Residence
Built in 1788
1.1 Acres Lot
$142/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.
- 180 days
- 210
- 5
Source: PrimeMLS,MLS#: 5086773
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#: 5086773
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
- Special conditions: Other
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
| Date | Event | Price |
|---|---|---|
| 7/28/2026 | Price change | $479,000-4%$142/sqft |
Source:  PrimeMLS #5086773 Report a problem | ||
| 6/17/2026 | Price change | $499,000-9.1%$148/sqft |
Source: PrimeMLS #5086773 Report a problem | ||
| 6/2/2026 | Price change | $549,000-5.2%$163/sqft |
Source: PrimeMLS #5086773 Report a problem | ||
| 5/16/2026 | Price change | $579,000-3.5%$172/sqft |
Source: PrimeMLS #5086773 Report a problem | ||
| 5/8/2026 | Listed for sale | $599,900+54.8%$178/sqft |
Source: PrimeMLS #5086773 Report a problem | ||
| 7/27/2006 | Sold | $387,500$115/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
$3,152/mo
Principal & interest
$2601
Property taxes
$551
More affordability tools
Estimated market value
Not available
Estimated sales range
Not available
$3,627/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-5 • 0.8 miles6/10
GreatSchools® Rating
Test Score Rating
7/10Student Progress Rating
4/10Woodbury School
Grades 6-8 • 3.3 miles5/10
GreatSchools® Rating
Test Score Rating
6/10Student Progress Rating
4/10Salem High School
Grades 9-12 • 3.5 miles6/10
GreatSchools® Rating
College Readiness Rating
6/10