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Sold for $6,600,000
  • $6,600,000

    405 Ocean Ave, Marblehead, MA 01945

    5beds
    6,518sqft
    Single Family Residence
    Built in 1880
    1.83 Acres Lot
    $6,950,700 Zestimate®
    $1,013/sqft
    $7,849 Estimated rent

    Home value

    $6,950,700

    $6.26M - $7.72M

    $7,849/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Elizabeth Walters 617-438-3665,

    Coldwell Banker Realty - Marblehead 781-631-9511

    Bought with:

    Lauren O'Brien & Co. Team

    Leading Edge Real Estate

    Source: MLS PIN,MLS#: 73279953

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    • Main level bathrooms: 1
    Primary bedroom
    • Features: Ceiling Fan(s), Closet - Linen, Closet, Flooring - Hardwood, Dressing Room, Recessed Lighting
    • Level: Second
    • Area: 221
    • Dimensions: 17 x 13
    Bedroom 2
    • Features: Closet, Flooring - Hardwood, Recessed Lighting
    • Level: Second
    • Area: 234
    • Dimensions: 18 x 13
    Bedroom 3
    • Features: Closet, Flooring - Hardwood, Recessed Lighting
    • Level: Second
    • Area: 196
    • Dimensions: 14 x 14
    Bedroom 4
    • Features: Flooring - Hardwood, Remodeled, Lighting - Sconce, Window Seat
    • Level: Third
    • Area: 275
    • Dimensions: 25 x 11
    Bedroom 5
    • Features: Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting, Remodeled
    • Level: Basement
    • Area: 120
    • Dimensions: 15 x 8
    Primary bathroom
    • Features: Yes
    Bathroom 1
    • Features: Bathroom - Half, Flooring - Hardwood, Lighting - Sconce, Crown Molding, Pedestal Sink
    • Level: Main,First
    • Area: 30
    • Dimensions: 6 x 5
    Bathroom 2
    • Features: Bathroom - 3/4, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce
    • Level: Second
    • Area: 72
    • Dimensions: 9 x 8
    Bathroom 3
    • Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Sconce
    • Level: Second
    • Area: 55
    • Dimensions: 11 x 5
    Dining room
    • Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting, Pocket Door
    • Level: Main,First
    • Area: 256
    • Dimensions: 16 x 16
    Family room
    • Features: Closet, Flooring - Wall to Wall Carpet, Recessed Lighting, Remodeled
    • Level: Basement
    • Area: 231
    • Dimensions: 21 x 11
    Kitchen
    • Features: 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)
    • Level: Main,First
    • Area: 288
    • Dimensions: 18 x 16
    Living room
    • Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Exterior Access, Recessed Lighting, Slider, Pocket Door
    • Level: Main,First
    • Area: 576
    • Dimensions: 36 x 16
    Office
    • Features: Fireplace, Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting, Wainscoting, Lighting - Sconce
    • Level: Main
    • Area: 325
    • Dimensions: 25 x 13
    Heating
    • Baseboard, Natural Gas, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Tankless Water Heater, Range, Dishwasher, Disposal, Trash Compactor, Refrigerator, Washer, Dryer, Range Hood
    • Laundry: Dryer Hookup - Electric, Washer Hookup, Second Floor
    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
    • Flooring: Wood, Tile, Carpet, Flooring - Hardwood, Laminate, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet
    • Windows: Insulated Windows, Screens
    • Basement: Full,Finished,Walk-Out Access,Interior Entry,Garage Access
    • Number of fireplaces: 2
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 6,518
    • Total interior livable area: 6,518 sqft

    Property

    Parking
    • Total spaces: 13
    • Parking features: Attached, Garage Door Opener, Garage Faces Side, Paved Drive, Off Street, Driveway, Paved
    • Attached garage spaces: 3
    • Uncovered spaces: 10
    Features
    • Patio & porch: Porch, Deck - Wood
    • Exterior features: Porch, Deck - Wood, Cabana, Rain Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting, Screens, Garden, Stone Wall
    • Has view: Yes
    • View description: Scenic View(s), Water, Harbor, Ocean
    • Has water view: Yes
    • Water view: Harbor,Ocean,Water
    • Waterfront features: Waterfront, Ocean, Harbor, Access, Beach Access, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Private)
    Lot
    • Size: 1.82 Acres
    • Features: Wooded, Easements, Gentle Sloping
    Details
    • Additional structures: Cabana
    • Parcel number: 2028284
    • Zoning: RES

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Victorian
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Foundation: Stone
    • Roof: Shingle,Slate,Rubber
    Condition
    • Remodeled
    • Year built: 1880

    Utilities & green energy

    • Electric: Circuit Breakers, 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Park, Conservation Area, Sidewalks
    Location
    • Region: Marblehead
    • Subdivision: Marblehead Neck

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/3/2024Sold$6,600,000-2.9%$1,013/sqft
    Source: MLS PIN #73279953 Report a problem
    9/28/2024Contingent$6,795,000$1,042/sqft
    Source: MLS PIN #73279953 Report a problem
    8/21/2024Listed for sale$6,795,000+58%$1,042/sqft
    Source: MLS PIN #73279953 Report a problem
    7/9/2014Sold$4,300,000-4.4%$660/sqft
    Source: Public Record Report a problem
    4/11/2014Pending sale$4,500,000$690/sqft
    Source: J. Barrett & Company #71656562 Report a problem
    4/7/2014Listed for sale$4,500,000$690/sqft
    Source: J. Barrett & Company #71656562 Report a problem
    10/9/2013Listing removed$4,500,000$690/sqft
    Source: J. Barrett & Company #71505823 Report a problem
    4/10/2013Price change$4,500,000-8.2%$690/sqft
    Source: J. Barrett & Company #71505823 Report a problem
    8/21/2012Listed for sale$4,900,000-7.5%$752/sqft
    Source: Sterling Lion, LLC #71424891 Report a problem
    7/1/2012Listing removed$5,300,000$813/sqft
    Source: Visual Tour #71260418 Report a problem
    6/1/2012Listed for sale$5,300,000$813/sqft
    Source: Visual Tour #71260418 Report a problem
    2/25/2012Listing removed$5,300,000$813/sqft
    Source: Coldwell Banker Residential Brokerage - #71260418 Report a problem
    7/14/2011Price change$5,300,000-10.2%$813/sqft
    Source: Coldwell Banker Residential Brokerage - #71260418 Report a problem
    8/28/2010Listed for sale$5,900,000+136%$905/sqft
    Source: Robert Borden #71128436 Report a problem
    8/16/1991Sold$2,500,000$384/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$56,058 +1.5%$6,194,300 +0.5%
    2024$55,237 -2.3%$6,164,800 +9.1%
    2023$56,514 $5,651,400
    2022$56,514 -1.6%$5,651,400 +2.5%
    2021$57,459 +13.7%$5,514,300 +13.4%
    2020$50,539 -0.9%$4,864,200 +2.4%
    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%
    2016$48,799 +0.6%$4,396,300 +0.4%
    2015$48,509 +0.5%$4,378,100 +0.6%
    2014$48,263 +2.2%$4,351,900
    2013$47,218 +4.9%$4,351,900 +1.7%
    2012$45,005 +6.9%$4,278,000 +3.7%
    2011$42,106 +5.7%$4,124,000 -1%
    2010$39,850 -0.1%$4,164,100 -6.1%
    2009$39,875 +3.5%$4,435,500 -3.9%
    2008$38,513 +7.5%$4,617,900
    2007$35,835 +6.2%$4,617,900 +15.4%
    2006$33,744 +4.4%$4,002,800 +2.3%
    2005$32,312 -12.5%$3,911,900 -10.2%
    2004$36,924 +21.6%$4,354,200 +20.7%
    2003$30,366 +8.5%$3,606,400 +22.4%
    2002$27,990 +8.2%$2,946,300 +26.9%
    2000$25,868 +44.9%$2,322,100 +54.1%
    1995$17,851 $1,506,400

    Find assessor info on the county website

    Neighborhood: 01945

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Brown School
    • Middle: Village/Vets
    • High: Marblehead High

    Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $6,950,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $6,950,700