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38 Chestnut StreetSalem, MA 01970

For Sale

$2,375,000

Smart Buyer Rebate $11,875

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.

Listed by Beth Jacobs

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Coldwell Banker Realty - Marblehead

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781-820-9957

Last updated November 28, 2025

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Source: MLSPin #73417206

Listing Facts

  • TypeSingle-family
  • NeighborhoodSouth Salem
  • Bedrooms5
  • Bathrooms5
  • Days on Prevu121
  • Taxes$22,373/year
  • Size5,807 sqft
  • Price per sqft$409

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

10/30/2025
Status changed to Active
$2,375,000
10/01/2025
Status changed to Withdrawn
$2,375,000
08/13/2025
Listed by Coldwell Banker Realty - Marblehead
$2,375,000

Property Details for 38 Chestnut Street

Association

Amenities

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Marina, Public School, T-Station, University

Exterior

Construction

  • Property Attached: Yes
  • Roof: Shingle, Slate, Rubber
  • Window Features: Skylight(s)
  • Year Built: 1850
  • Year Built Details: Approximate
  • Architectural Style: Federal
  • Construction Materials: Frame, Brick
  • Exterior Features: Deck, Fenced Yard

Features

  • Fencing: Fenced
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Waterfront Features: Bay, Ocean, 1 To 2 Mile To Beach, Beach Ownership(Other (See Remarks))

Measurements

  • Building Area Total: 5,807
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Area: 0
  • Lot Size Square Feet: 3,851
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 2131597
  • Tax Annual Amount: $22,373.00
  • Tax Assessed Value: $1,972,900.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Fireplace Features: Dining Room, Family Room, Kitchen, Living Room, Master Bedroom, Bedroom
  • Fireplace: Yes
  • Fireplaces Total: 8
  • Flooring: Tile, Marble, Hardwood
  • Interior Features: Vaulted Ceiling(s), Bathroom - 3/4, Soaking Tub, Bathroom - Half, Home Office, Bathroom

Measurements

  • Living Area: 5,807
  • Living Area Source: Public Record

Rooms

  • Basement: Full, Bulkhead
  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 5
  • Rooms Total: 9

Other

General

  • Exclusions: Sconces In Front Hall And Dining Room, 0utdoor Chandelier,Primary Bath Chandelier,Kitchen Chandelier

Parking

Parking

  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off Street
  • Parking Total: 2

Utilities

Equipment

  • Cooling: Central Air, Window Unit(s)
  • Has Cooling: Yes
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Forced Air, Radiant, Natural Gas, Electric
  • Has Heating: Yes
  • Laundry Features: Bathroom - 1/4, In Basement
  • Sewer: Public Sewer
  • Utilities: For Gas Range
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 5 bedrooms and 5 bathrooms in this single-family home at 38 Chestnut Street.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 38 Chestnut Street.

What are the annual taxes for 38 Chestnut Street?

Annual taxes for this single-family home are estimated at $22,373.

How does 38 Chestnut Street compare to other single-family homes in South Salem?

This single-family home is listed 211% above the average price for single-family homes in South Salem and has been on the market for 102 more days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 5,807 sqft.

38 Chestnut Street is a 5-bedroom, 5-bath single-family home for sale in Salem MA 01970. Available on Prevu for 121 days at $2,375,000. This home features 5,807 square feet of living space, located in South Salem. The median listing price for single-family homes in this area is $594,950. The home offers private outdoor space, dishwasher, air conditioning, parking, and washer/dryer. Browse more single-family home listings in Salem.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.