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405 Ocean Ave, Marblehead, MA 01945

$7,658,000

Last sold 09/27/2024 for $6.6M

5
bed
6
bath
6,518
Sqft ($1,013/Sqft)

House not for sale

About 405 Ocean Ave

Property type House

Neighborhood

Year built 1880

HOA fee $0/month

Lot size 1.82 Acre

Movoto estimate

Parking 3 garage spaces

Property description

Welcome to “The Tea house on the Neck”, originally 4 lots with two residences, and owned by the same family including the head of the Lipton Tea Company from 1880-1990. A spectacular property with the perfect smaller "tea house" at the tip of the point from which to enjoy a morning (or evening) drink. The lots were subdivided in 1991, and 405 Ocean Avenue now sits perched on a double lot totaling 1.82 acres, surrounded by trees shaped by the sun and wind, rocky ledges (“the lower woods”), mature plantings, an easement to a small beach, and potential for further subdivision. Also, stunning 360 degree views of the Atlantic Ocean, Marblehead Rock, Children’s Island, and Castle Rock Park, as well as Marblehead Harbor and The Marblehead Lighthouse! The interior of the home is spacious with 5+ bedrooms, 6 bathrooms and 6518 SF of living space. Period details throughout the house are obvious, but the current owners have also made it a priority to bring the house up to modern day standards.

Listed by

Listing Agent - Elizabeth Walters

Listing Office - Coldwell Banker Realty - Marblehead

Source: MLS Property Information Network, Inc.

MLS#73279953 • last updated 1 year ago

Movoto checked MLS Property Information Network, Inc. for data 3 minutes ago

Overview
Cooling/AC	Central Air
Heating	Baseboard, Natural Gas, Fireplace(s)
Levels/Style	Victorian
MLS #	73279953
Type	Residential
Status	Closed
SubType	Single Family Residence
SqFt	6518
Lot Size (SqFt)	79497
Lot Size (Acres)	1.82
Annual Property Tax	55229
Year Built	1880
Property Condition	Remodeled

Interior
Bathroom 2	Bathroom - 3/4, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce
Bathroom 3	Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Sconce
Primary Bathroom	Yes
Total # of Bathrooms	6
Bathroom 1	Bathroom - Half, Flooring - Hardwood, Lighting - Sconce, Crown Molding, Pedestal Sink
# Full Baths	4
# Half Baths	2
Total # of Bedrooms	5
Bedroom 5	Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting, Remodeled
Bedroom 3	Closet, Flooring - Hardwood, Recessed Lighting
Bedroom 4	Flooring - Hardwood, Remodeled, Lighting - Sconce, Window Seat
Bedroom 2	Closet, Flooring - Hardwood, Recessed Lighting
Basement	Full, Finished, Walk-Out Access, Interior Entry, Garage Access
Office	Fireplace, Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting, Wainscoting, Lighting - Sconce
Family Room	Closet, Flooring - Wall To Wall Carpet, Recessed Lighting, Remodeled, 21
Living Room	Flooring - Hardwood, Window(s) - Bay/Bow/Box, Exterior Access, Recessed Lighting, Slider, Pocket Door
Dining Room	Main, First, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting, Pocket Door
Total # of Rooms	12
Laundry	Dryer Hookup - Electric, Washer Hookup, Second Floor
Kitchen	Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Deck - Exterior, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Lighting - Pendant, Pocket Door, Tray Ceiling(s)
Flooring	Wood, Tile, Carpet, Flooring - Hardwood, Laminate, Flooring - Stone/Ceramic Tile, Flooring - Wall To Wall Carpet
Appliances	Tankless Water Heater, Range, Dishwasher, Disposal, Trash Compactor, Refrigerator, Washer, Dryer, Range Hood
# Fireplaces	2
Interior Features	Closet/Cabinets - Custom Built, Recessed Lighting, Wainscoting, Lighting - Sconce, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Ceiling Fan(s), Vaulted Ceiling(s), Closet, Lighting - Overhead, Decorative Molding, Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Steam / Sauna, Home Office, Bathroom, Sitting Room, Exercise Room
Fireplace	Living Room
Window Features	Insulated Windows, Screens

Exterior
Foundation	Stone
Roof	Shingle, Slate, Rubber
Construction	Frame
# Covered Spaces	3
Parking Desc	Attached, Garage Door Opener, Garage Faces Side, Paved Drive, Off Street, Driveway, Paved
# Parking Spaces	10
# Garage Spaces	3
Exterior Features	Porch, Deck - Wood, Cabana, Rain Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting, Screens, Garden, Stone Wall
Patio/ Porch	Porch, Deck - Wood
Lot Desc	Wooded, Easements, Gentle Sloping
Other Structures	Cabana

Amenities / Utilities
Sewer	Public Sewer
Electricity	Circuit Breakers, 200+ Amp Service
Water Source	Public

Location
View	Scenic View(s)
Waterfront	Waterfront, Beach Front, Ocean, Harbor, Access, Beach Access, Ocean, Walk To, 0 To 1/10 Mile To Beach, Beach Ownership(Private)
County	Essex
Community Features	Park, Conservation Area, Sidewalks
Subdivision	Marblehead Neck
Elementary School	Brown School
Middle School	Village/Vets
High School	Marblehead High
Zoning	RES
APN	2028284
Directions	Best To Drive All The Way To End Of Driveway, Enjoy The Views, And Meet Agent At Front Door.

Lot/ Land Details
Road Frontage	Public
Road Responsibility	Public Maintained Road
Road Surface	Paved

$7.65M

Range: $6.58M-$8.73M

Last 30 days

Lower your payment with the loan terms that fit you.

Dec 2024
MLS # 73279953
Dec 4, 2024 Sold
$6,600,000 (-2.9%)
Sep 28, 2024 Pending
—
Sep 28, 2024 Active
—
Aug 20, 2024 Listed
$6,795,000
Aug 20, 2024 Listed
$6,795,000 (+51.0%)
Apr 2014
MLS # 71656562
Apr 7, 2014 Listed
$4,500,000
Apr 2013
MLS # 71505823
Apr 9, 2013 Listed
$4,500,000 (-8.2%)
Aug 2012
MLS # 71424891
Aug 21, 2012 Listed
$4,900,000 (-7.5%)
Jul 2011
MLS # 71260418
Jul 12, 2011 Listed
$5,300,000 (-10.2%)
Aug 2010
MLS # 71128436
Aug 25, 2010 Listed
$5,900,000

Year Property taxes Tax assessment
2025
$56,058 +1.5%

$6,194,300 +0.48%
2024
$55,237 -2.3%

$6,164,800 +9.08%
2023
$56,514 -2.8%

$5,651,400 +2.3%
2022
$58,114 +1.1%

$5,524,100 +0.18%
2021
$57,459 +13.7%

$5,514,300 +13.36%
2020
$50,539 -0.9%

$4,864,200 +2.44%
2019
$50,997 -2.5%

$4,748,300
2018
$52,326 +0.1%

$4,748,300
2017
$52,279 +7.1%

$4,748,300 +8.01%
2016
$48,799

$4,396,300

405 Ocean Ave
$6.6M
Marblehead Neck
—
01945
$995K +2% y/y
Marblehead
$962K +10% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
409 Ocean Ave, Marblehead, MA 01945	$7,245,000	4/4	6,178	0.03
412 Ocean Ave, Marblehead, MA 01945	$2,405,000	4/2	2,541	0.04
410 Ocean Ave, Marblehead, MA 01945	$2,690,000	4/3	3,944	0.04
393 Ocean Ave, Marblehead, MA 01945	$8,093,000	5/5	7,598	0.05
414 Ocean Ave, Marblehead, MA 01945	$2,927,000	4/2	3,467	0.05
415 Ocean Ave, Marblehead, MA 01945	$6,387,000	4/5	4,419	0.05
1 Corinthian Ln, Marblehead, MA 01945	$1,857,000	2/1	1,388	0.05
3 Corinthian Ln, Marblehead, MA 01945	$1,496,000	2/1	885	0.06

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.