Sited prominently on over a quarter acre, just outside of downtown, awaits this iconic 4-bedroom built during the "Japanese Craze" by renowned Salem resident, Bunkio Matsuki. Spacious common areas & bedrooms, wood floors throughout, a second-story balcony, & an unfinished walkup attic with 2 rooms, make this a phenomenal opportunity for either an owner-occupant or developer.  The generous lot size provides ample space for parking, gardens & outdoor entertaining. There is potential, subject to approval, to expand the existing footprint as a single-family home or pursue creating multiple living units. Artfully blending Japanese design & American architecture, this home features a variety of cultural elements including intricate wood engravings, custom carved panels & medallions, decorative stained-glass window, & grass cloth screens-all left largely intact. Don't miss this once in a lifetime chance to own a piece of Salem's unique history close to shops, restaurants, & commuting options.