338 N Main Street, Salem, NH, 03079
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1788
Materials
- Foundation: Fieldstone
- Roof: Asphalt Shingle
- Construction materials: Clapboard Exterior
Type & Style
- Home type: SingleFamily
- Architectural style: Antique
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Dirt Floor,Interior Stairs,Interior Access,Interior Entry
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Finished area below ground: 0
- Finished area above ground: 3,368
Heating & Cooling
- Heating features: Oil,Steam
- Cooling features: None
Interior Area
- Total structure area: 4,510
- Total interior livable area: 3,368 sqft
Property
Details
- Parcel number: SLEMM22B5756L
- Zoning description: RUR
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Lake,Water
- Water view: Lake,Water
Lot
- Lot size: 1.10 Acres
Parking
- Total spaces: 4
- Parking features: Paved
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
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
- Inland Flooding
- Ice Storm
- Lightning
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Hampshire Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,422 | $29,064 |
| Home Insurance | $120 | $1,440 |
| Property Taxes | $725 | $8,700 |
| Electricity | $493 | $5,918 |
| Total | $3,760 | $45,120 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-08 | Listed for sale | $599,900 |
| 2006-07-27 | Sold | $387,500 |
For Sale by Agent
View on Zillow