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349 Ocean Avenue, Marblehead MA 01945

Marblehead, MA 01945 • Marblehead Neck
$8,750,000
$7,750,000
Est. $44,247/month
1.85
Acres
135
Days on Market
Active Price Drop -$1,000,000 Listed Mar 4, 2026 • MLS# 73482564 Copied! • Updated Jun 28, 2026

About this home

Set along 180 feet of direct beachfront on Marblehead Neck, this extraordinary nearly 2-acre parcel presents a rare opportunity to secure irreplaceable shoreline in one of the North Shore’s most exclusive enclaves. With sweeping ocean vistas, breathtaking sunrises, and private beach ownership, the setting offers unmatched privacy, scale, and prestige. Whether reimagined as a custom coastal retreat or developed into a bespoke modern estate, the true value lies in the land — expansive, dramatic, and rich with possibility. A premier waterfront acquisition and a once-in-a-generation chance to create a legacy property in an unparalleled seaside location.

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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
Mar 4, 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

Home Facts

Type Land
Style Residential
Lot Size 1.85 acres

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Utilities

Electric On-site
Water Public, On-site
Sewer Public Sewer, On-site
Gas On-site
Other None
Annual Tax $58,309
Assessed Value $6,811,900
Seller Disclosures There Currently Is A Home On The Lot. This Is An Opportunity To Completely Reimagine, Reinvigorate, Or Remodel The Existing Structure. Dep, Zba And Concom Approvals In Place. Home Is Not Located In A Flood Zone. Architectural Renderings Are Represented In Photos And Available Upon Request.
Possession None
Accepted Financing None
Structure Type []
Documents Land Survey (1)
County Essex
Total market time (incl. prior listings) 116 days

Property Overview

Property Type
Residential
Listing Type
Land

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public, On-Site
Sewer: Public Sewer, On-Site
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Gentle Sloping, Curbs & Gutters, Sidewalks
Road Surface: Paved

Parking & Garage

Parking Features:

Special Features

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, Golf, Medical Facility, Marina, Public School, T-Station, University, Sidewalks
School District
Marblehead School District local
A-
School Safety 2024-25
0.4% Low
0.4% Suspensions 0.2% In-School
5.1% below state avg
E

Elementary Schools

5 schools
Devereux - Marblehead
1.6 mi
Grades PK-12
Tower School
1.9 mi
Grades PK-08
Epstein Hillel School
2.2 mi
Grades K-08
A
Lucretia and Joseph Brown School
1.8 mi | #161 of 824 | Score: 56.6
Dropped 60 spots from last year
-1.6 below state avg
445 students Moderate
Grades PK-03
A+
Glover School
2.3 mi | #63 of 824 | Score: 61.5
Improved 47 spots from last year
+3.3 above state avg
318 students Moderate
Rising School Strong Attendance
Grades PK-03
M

Middle Schools

3 schools
B+
Marblehead Community Charter Public School
1.2 mi | #115 of 352 | Score: 48.0
Improved 94 spots from last year
-10.2 below state avg
192 students Moderate
Rising School Strong Attendance
Grades 04-08
B+
Village School
1.7 mi | #253 of 824 | Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students Moderate
Grades 04-06
A-
Marblehead Veterans Middle School
1.3 mi | #83 of 352 | Score: 51.5
Dropped 30 spots from last year
-6.7 below state avg
411 students Less Diverse
Grades 07-08
H

High Schools

1 school
A-
Marblehead High School
1.7 mi | #80 of 346 | Score: 62.1
Dropped 37 spots from last year
+3.9 above state avg
861 students Less Diverse
20 sports • 2,426 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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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
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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

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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