175 Bridge Rd, Salisbury MA 01952
Salisbury, MA 01952
$4,999,000
$4,899,000
Est. $27,116/month
About this home
Discover a rare coastal investment opportunity—a renovated 18-unit boutique hotel w/ Merrimack River views, PLUS a ~10,000sqft restaurant/event venue. Located on Rings Island, this asset has a unique edge in a high-demand, limited-supply market where Newburyport’s STR regulations have constrained inventory, and benefits from an extensive $2M+ renovation in 2016. With professional management in place since May 2025, summer revenues surged ~88% YoY. Hotel guests enjoy walkability to downtown Newburyport & close proximately to Salisbury Beach. The hotel (Guest House Suites) features 3 Two Bedroom Suites, 2 Junior King Suites, 5 Large King Studios, 3 Standard King Studios & 5 Double Queen Studios. The restaurant (The Slip) provides a variety of options—operate existing restaurant, lease to a new owner, convert to high-end suites (w/ town approvals), etc. The property could be delivered fully furnished/equipped. This is a legacy asset where lifestyle, hospitality, & investment intersect.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
2%
Price Range
Property Timeline
Status: Active under contract
Mar 24, 2026
Active → Active Under Contract
Pending Sale
Mar 23, 2026
Offer accepted, sale pending
Price Reduced
Mar 17, 2026
$4,899,000
$100,000
(-2%)
From $4,999,000 to $4,899,000 (-2.0%)
Listed for Sale
Sep 30, 2025
$4,999,000
Original listing
Agent: The Bakhtiari Group
Office: Compass
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 03/24/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 03/23/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 03/17/2026 | ↓ Price Reduced | $4,899,000 | $100,000 | - | From $4,999,000 to $4,899,000 (-2.0%) |
| 09/30/2025 | 🏠 Listed for Sale | $4,999,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $25,729 | — |
Financial Details
Annual Property Tax
$25,729
Tax Year 2025
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1960
Lot Size
0.90 acres
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
Public Water, Public Sewer, Natural Gas Available
Financial
Annual Tax
$25,729
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Email Offers Along With Letter Of Intent/proof Of Funds, And Signed Property Disclosures... Seller Or Sellers Agent Make No Representations Or Warranties. Buyer To Do Own Due Diligence...
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Essex
Property Overview
Listing Type
Sale Pending
Year Built
1960
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1960
Structure Type:
Exterior Materials:
Roof:
Rubber
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School District
Triton School District local
B-
School Safety
2024-25
1.3%
Average
1.3%
Suspensions
0.7%
In-School
4.2% below state avg
Elementary Schools
3 schools
Newburyport Montessori School
0.5 mi
Grades PK-K
Immaculate Conception School
0.6 mi
Grades K-08
B+
Edward G. Molin Elementary School
1.0 mi
|
#255 of 824
|
Score: 52.3
Improved 21 spots from last year
-5.9 below state avg
310 students
Less Diverse
Rising School
Grades 04-05
Middle Schools
2 schools
A
Rupert A Nock Middle School
1.0 mi
|
#59 of 352
|
Score: 55.1
Improved 46 spots from last year
-3.1 below state avg
470 students
Less Diverse
Rising School
Grades 06-08
B
Amesbury Middle School
3.7 mi
|
#173 of 352
|
Score: 42.7
Improved 50 spots from last year
-15.5 below state avg
364 students
Moderate
Rising School
Grades 06-08
High Schools
3 schools
A
Newburyport High School
0.9 mi
|
#48 of 346
|
Score: 67.5
Improved 17 spots from last year
+9.3 above state avg
743 students
Less Diverse
18 sports
• 1,722 athletes
Strong AP Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
Coastal Connections Academy
4.1 mi
Grades 12
D
Amesbury Innovation High School
4.2 mi
|
#320 of 346
|
Score: 31.4
Dropped 30 spots from last year
-26.8 below state avg
50 students
Moderate
College Ready Curriculum
Grades 09-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
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Property Tax
$2,144
Homeowners Insurance
$200
PMI (if <20% down)
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Loan Summary
Total of 360 payments
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Rate Impact
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
175 Bridge Rd, Salisbury MA 01952
Salisbury, MA 01952
Listing Information
Listing Agent
The Bakhtiari Group
Listing Office
Compass
Office Phone
978-248-8081
Agent MLS ID
TM356376
Office MLS ID
AN7000
Listing Data Updated
Jul 1, 2026 12:10 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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