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349 Ocean Avenue, Marblehead MA 01945

Marblehead, MA 01945 • Marblehead Neck - MARBLEHEAD NECK
$8,750,000
$7,750,000
Est. $44,247/month
5
Beds
5.5
Baths
6,500
Sq Ft
$1,192
Price/Sq Ft
1.85
Acres
1900
Year Built
2
Garage Spaces
181
Days on Market
Active Price Drop -$1,000,000 Listed Jan 13, 2026 • MLS# 73467958 Copied! • Updated Jun 28, 2026

About this home

Set on 180 feet of beachfront, this rare and highly coveted Marblehead Neck estate offers an extraordinary blend of privacy, scale, and coastal prestige. Encompassing nearly 2-acres of irreplaceable shoreline, the property presents a once-in-a-generation opportunity to reimagine a legacy retreat in one of North Shore’s most exclusive enclaves. This 5 bedroom, 5.5 bath residence captures sweeping ocean vistas, awe-inspiring sunrises, and gentle sea breezes, providing an unparalleled setting for refined coastal living with private beach ownership. Whether the current home is meticulously restored or the site is transformed into a bespoke modern masterpiece, the land itself represents the ultimate in luxury. Expansive and rich with possibility, this estate is a lifestyle investment offering the rare freedom to design a beachfront vision that will endure for generations. For those seeking a premier waterfront acquisition, this property stands as a hallmark of North Shore excellence.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
11.4%
Price Range

Property Timeline

Price Reduced
Jun 24, 2026
$7,750,000 $1,000,000 (-11.43%)
From $8,750,000 to $7,750,000 (-11.4%)
🏠
Listed for Sale
Jan 13, 2026
$8,750,000
Original listing
Agent: Judith Toner Office: The Proper Nest Real Estate

Tax History

Year Taxes Assessment
2026 $58,309 $6,811,900

Financial Details

Annual Property Tax
$58,309
Tax Year 2026
Assessed Value
$6,811,900

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 1900
Living Area 6,500 sq ft
Lot Size 1.85 acres
Bedrooms 5
Full Baths 5
Half Baths 1
Total Rooms 14

Interior

Heating Forced Air, Hot Water
Cooling Central Air, Ductless
Flooring Wood, Tile, Carpet
Appliances Gas Water Heater
Fireplace Living Room
Fireplaces 2
Basement Partial, Partially Finished, Walk-out Access, Interior Entry
Laundry Second Floor
Features Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Slider, 3/4 Bath, Accessory Apt., Media Room, Great Room, Exercise Room, Home Office

Exterior

Construction Frame
Architecture Colonial
Roof Shingle
Features Porch, Deck - Vinyl, Pool - Inground, Hot Tub/spa, Professional Landscaping, Sprinkler System
Pool In Ground
Spa Private
Fencing None
Patio/Porch Porch, Deck - Vinyl
Garage Spaces 2
Has Garage Yes
Features Attached, Garage Door Opener, Storage, Workshop In Garage, Garage Faces Side, Off Street, Driveway
Total Spaces 8
Electric Circuit Breakers, 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range
Annual Tax $58,309
Assessed Value $6,811,900
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures The Property Has Been Winterized And Is Being Sold As Is. Ready For Renovation For New Owners To Reimagine, Reinvigorate, Or Remodel Their Dream Home. Dep, Zba And Concom Approvals Are Available To Interested, Qualified Buyers. Home Is Not Located In A Flood Zone. Some Photos Are Digitally Enhanced.
Exclusions None
Possession None
Accepted Financing None
Structure Type []
House Color Taupe
Sq Ft Source Public Record
Sq Ft Disclosures as per public record
Documents None
County Essex
Total market time (incl. prior listings) 166 days

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1900
Bedrooms
5
Full Bathrooms
5
Half Bathrooms
1
Living Area
6,500 sq ft
Total Rooms
14

Room Details

Second Floor

Bathroom1
Bedroom5
Bedroom4
Closet, Flooring - Wall to Wall Carpet
Bedroom3
Closet, Flooring - Hardwood
Bathroom2
Bedroom2
Bathroom - 3/4, Closet, Flooring - Hardwood
Bathroom3
Master Bedroom
Bathroom - Full, Walk-In Closet(s), Deck - Exterior

Basement Floor

Office

Other Floor

Master Bathroom
Yes

Main,First Floor

Dining Room
Flooring - Hardwood
Kitchen
Flooring - Hardwood, Breakfast Bar / Nook, Open Floorplan
Living Room
Flooring - Hardwood, Balcony / Deck
Family Room
Flooring - Hardwood, Balcony / Deck, Open Floorplan

Interior Features

Flooring: Wood, Tile, Carpet
Appliances: Gas Water Heater
Interior Features: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Slider, 3/4 Bath, Accessory Apt., Media Room, Great Room, Exercise Room, Home Office
Windows:
Basement: Partial, Partially Finished, Walk-Out Access, Interior Entry
Laundry: Second Floor
Security:

Construction & Materials

Style: Colonial
Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone

Heating, Cooling & Utilities

Heating: Forced Air, Hot Water
Cooling: Central Air, Ductless
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Deck - Vinyl, Pool - Inground, Hot Tub/Spa, Professional Landscaping, Sprinkler System
Patio & Porch: Porch, Deck - Vinyl
Fencing:
Other Structures:
Lot Features: Gentle Sloping
Road Surface: Paved

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 8
Parking Features: Attached, Garage Door Opener, Storage, Workshop in Garage, Garage Faces Side, Off Street, Driveway

Special Features

Fireplaces: 2
Fireplace Type: Living Room
Pool: Private Pool
Pool Features: In Ground
Spa/Hot Tub: Yes
Spa Features: Private
Waterfront: Yes
Waterfront Type: Waterfront, Ocean, Access, Direct Access, Private, Ocean, Direct Access, 0 to 1/10 Mile To Beach, Beach Ownership(Private)
View: Yes
View Type: Scenic View(s)
Community Amenities: Walk/Jog Trails, Bike Path, Conservation Area, Marina, Private School, Public School, Sidewalks

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $4,859
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
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+0.5% Rate
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Payment Over Time

Interest
Principal
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

Marblehead Neck - MARBLEHEAD NECK

349 Ocean Avenue, Marblehead MA 01945

Marblehead, MA 01945

Listing Information

Listing Agent Judith Toner
Listing Office The Proper Nest Real Estate
Office Phone 781-797-4020
Agent MLS ID C7505741
Office MLS ID AN7859
Listing Data Updated Jun 28, 2026 4:05 AM 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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Steven Novak
Steven Novak
BMN Boston Real Estate
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BMN Boston Real Estate

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