Active
295 Days on market
162 Main St Essex — Photo 1 of 26

162 Main St Essex — Photo 1 of 26

Recent Drop: $70,000

$695,000
$625,000

$625,000

162 Main St, Essex, MA 01929

Essex, MA 01929

Investor Analysis

Beds

1

Baths

1

SqFt

1,114

Style

Single Family

Built

1963

In the heart of Essex Village, this beautifully renovated cedar shingle style property offers a rare opportunity for residential conversion or a live/work space. Currently set up as a bakery and coffee shop, the space blends timeless New England character with thoughtful modern upgrades. The interior features soaring cathedral ceilings, oversized windows, and an open layout well suited for reimagining as a residence, studio, gallery, or private live/work space. Extensive renovations include all new plumbing and electrical systems, ADA compliance, mini-split climate control, and new windows throughout. The rear patio overlooking the Great Marsh offers an extraordinary outdoor setting with sweeping natural views. Three dedicated parking spaces and close proximity to Essex’s shops, dining, marinas, and outdoor recreation complete the offering. An exceptional opportunity to create a truly unique coastal home or creative retreat in one of the North Shore’s most loved seaside villages.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$561/sqft
Local Avg (Essex)$436/sqft
29% AboveMarket Average

* Analysis is based on 8 actively listed and recently sold comparable properties strictly within Essex, MA.

Property Details

Financials

Original Price$695,000
Annual Taxes$9,739

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms4
FireplacesNone
FlooringWood
BasementBulkhead, Unfinished

Climate & Utilities

HeatingElectric Baseboard, Heat Pump
CoolingHeat Pump
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRS2

Property & Lot

Acres0.14
SqFt Lot6,098
Lot FeaturesLevel

Amenities & Appliances

Electric Water Heater

Neighborhood

Shopping • Walk/Jog Trails • Stable(s) • Golf • Conservation Area • Highway Access

Geography

Property History

Price Drop
$625,000

Was $695,000

May 20, 2026

MLS® 73457077

Listed
$695,000

Nov 21, 2025

MLS® 73457077

Listed
$625,000

Sep 5, 2025

MLS® 73426703

Sold
$1,200

Apr 13, 2010

MLS® 71052782

Listed
$1,200

Mar 24, 2010

MLS® 71052782

Population

3,621

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$156K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

25.4%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 557 sq ft (the lesser of 900 sq ft or half the 1,114 sq ft principal dwelling). Lot size: 6,098 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Listing Provided By

Listing Agent: Monahan Barker Team

Listing Office: LandVest, Inc., Ipswich

MLS® Number: 73457077

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