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341 Locust St, Danvers, MA, 01923

3beds
3baths
2,266sqft
$920,000
$406price/sqft
$6,194/moest. monthly cost
$247,760/yrincome needed

About This Home

Some homes simply offer a place to live. Others offer a way to live. Tucked away from the road on more than ONE ACRE of land, 341 Locust Street welcomes you home with the kind of PRIVACY that's becoming increasingly hard to find. As you pull up the driveway, the world seems to slow down. The expansive front porch invites quiet mornings with a cup of coffee, long summer evenings with friends, and the simple pleasure of watching the seasons change. Every space has been designed for simple living. There is room to gather, room to work from home, and room to spread out. CENTRAL AIR keeps the home comfortable through the warmer months, while the mudroom, (with its thoughtful PET WASHING STATION) makes it easy to come home after muddy paws, gardening, or a walk along the nearby Danvers Rail Trail. Outside you'll quickly discover what truly makes this property exceptional. The impressive (approximately) 30' x 40' HEATED TWO-LEVEL BARN is far more than a garage. Whether you dream of restoring classic cars, building furniture, creating art, storing recreational equipment, or finally having the workshop you've always imagined, this remarkable space gives you the freedom to make it your own. Complete with a rear garage door and endless versatility, it's the kind of feature that rarely becomes available.The ATTACHED 2 CAR HEATED GARAGE offers everyday convenience, while the sprawling grounds provide space to garden, entertain, play, or simply enjoy the peace and quiet that comes with owning over an acre of land. Despite its sense of seclusion, you're never far from where you want to be. Spend weekends exploring Endicott Park, walking the trails at Choate Farm, biking the Danvers Rail Trail, or enjoying the shops and restaurants of downtown Danvers. With easy access to major commuter routes, this home offers both tranquility and connection. Locust Street isn't simply a property with a beautiful home and an extraordinary barn. It's a place where hobbies become passions, gatherings become traditions, and everyday moments become the ones you'll remember most. It's the kind of home that gives you the space to dream a little bigger, and the opportunity to truly enjoy the lifestyle you've been looking for.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

5/10
Smith Elementary SchoolGrades K-51.1 mi
4/10
5/10
Danvers High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1948

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Water Heater
  • Laundry features: Dryer Hookup - Electric,Washer Hookup,Sink,First Floor,Electric Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Sump Pump,Unfinished

Bathroom1

  • Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Level: First
  • Area: 88

Bathroom2

  • Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Level: Second
  • Area: 55

Bathroom3

  • Features: Bathroom - Half
  • Level: Second
  • Area: 15

Bedroom2

  • Features: Ceiling Fan(s), Closet, Flooring - Wood
  • Level: Second
  • Area: 165

Bedroom3

  • Features: Ceiling Fan(s), Closet, Flooring - Wood
  • Level: Second
  • Area: 200

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Features: Flooring - Wood, Window(s) - Bay/Bow/Box
  • Level: First
  • Area: 108

Family Room

  • Features: Ceiling Fan(s), Flooring - Wood, French Doors
  • Level: Main,First
  • Area: 289

Features

  • Home Office,Mud Room
  • Flooring: Wood,Tile,Vinyl,Carpet,Flooring - Wood
  • Number of fireplaces: 2
  • Fireplace features: Family Room,Living Room
  • Fireplace: Yes
  • Finished area above ground: 2,266

Heating & Cooling

  • Heating features: Forced Air,Baseboard,Oil,Propane
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,266
  • Total interior livable area: 2,266 sqft

Kitchen

  • Features: Kitchen Island, Stainless Steel Appliances, Gas Stove
  • Level: First
  • Area: 204

Living Room

  • Features: Wood / Coal / Pellet Stove, Flooring - Wood, Deck - Exterior, Exterior Access
  • Level: First
  • Area: 192

Master Bedroom

  • Features: Bathroom - Full, Ceiling Fan(s), Flooring - Wall to Wall Carpet
  • Level: Second
  • Area: 400

Office

  • Features: Flooring - Wood
  • Level: First
  • Area: 120

Property

Details

  • Parcel number: M:010 L:004 P:,1873546
  • Zoning: R3
  • Exclusions: See Inclusion/Exclusion Sheet.

Features

  • Patio & porch: Porch - Enclosed,Deck,Patio
  • Exterior features: Porch - Enclosed,Deck,Patio,Barn/Stable

Lot

  • Lot size: 1.17 Acres
  • Features: Easements

Parking

  • Total spaces: 12
  • Parking features: Attached,Paved Drive,Shared Driveway,Off Street
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 10

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Inland Flooding
Ice Storm
Lightning
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,652$55,824
Home Insurance *$269$3,228
Property Taxes $827$9,924
Electricity $446$5,362
Total$6,194$74,328
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$212,365/yr
40% on housing$185,820/yr
45% on housing$165,173/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$406This listing

vs Other Active Listings

Avg $/sqft

ZIP 01923$308
Essex County$385

vs Homes Sold Last Month

Median $/sqft

ZIP 01923$403
Essex County$387

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-03Listed for sale$920,000
2022-08-25Sold$710,000
2022-06-25Contingent$699,000
2022-06-19Listed for sale$699,000
2022-06-08Contingent$699,000
2022-06-01Listed for sale$699,000
2010-10-25Sold$399,000
2010-08-11Listed for sale$410,000

For Sale by Agent

AgentMelanie Lentini
BrokerageLeading Edge Real Estate

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