436 Lafayette St, Salem MA 01970

Salem, MA 01970 • Forest River
$1,450,000
Est. $7,718/month
4
Beds
2.5
Baths
5,109
Sq Ft
$284
Price/Sq Ft
0.48
Acres
1947
Year Built
Single Family Residence
Type
9
Days on Market
Active Listed Sep 26, 2025 • MLS# 73431363

About this home

Welcome to 436 Lafayette Street —“The Marblehead House”—a stately Federal Colonial built in 1947 by then-Mayor Manning as his personal residence. Perched high on Castle Hill above Lafayette Street, it offers wooded privacy, curated gardens, and ocean views from both the home and a raised terrace. Inside, 5,100+ sq ft blend historic charm—vintage hardwoods, art deco moldings, soaring ceilings—with modern comfort. A grand great room anchors the main level, while a bright cook’s kitchen opens to a Goshen stone patio for al fresco dining. The four-season solarium, positioned to capture a sweeping 180° panorama, overlooks the level backyard, patio and the elevated terrace. Upstairs holds a full-depth primary suite plus three bedrooms; the walkout lower level offers an ADU/in-law suite potential. Nearly half an acre of meticulously landscaped grounds, a slate roof, and an oversized 2-car garage. DEEDED Salem Harbor access. More than a home—it’s a legacy.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1947
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
5,109 sq ft
Total Rooms
7

Interior Features

Flooring
Tile, Hardwood
Heating
Baseboard, Oil
Has Heating
Yes
Cooling
Window Unit(s), Heat Pump
Has Cooling
Yes
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
2
Appliances
Water Heater, Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Interior Features
Kitchen, Sun Room, Foyer, Great Room, Entry Hall, Walk-up Attic
Laundry Features
Gas Dryer Hookup, Washer Hookup
Basement Details
Finished, Interior Entry, Garage Access

Exterior & Structure

Construction Materials
Frame, Brick
Architectural Style
Colonial
Roof
Slate
Foundation
Concrete Perimeter
Exterior Features
Porch - Enclosed, Patio, Covered Patio/Deck, Rain Gutters, Storage, Professional Landscaping, Sprinkler System, Garden, Stone Wall, ET Irrigation Controller
Patio/Porch Features
Porch - Enclosed, Patio, Covered
Has Spa
No
Waterfront Features
Waterfront, Ocean, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Waterfront Property
Yes

Lot & Land

Lot Size
0.48 acres
Lot Size
21,009 sq ft
Lot Size Area
0.4800
Lot Features
Corner Lot
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
4
Parking Features
Attached, Under, Oversized, Off Street, Paved
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup, Icemaker Connection
Water Source
Public
Sewer
Public Sewer
Electric
220 Volts, Circuit Breakers
Energy Efficient Features
Thermostat

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Marina, Private School, Public School, T-Station, University
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$12,551
Tax Year
2025
Tax Assessed Value
$1,106,800
Parcel Number
M:31 L:0222,2133963
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Ask agent about deeded water access, Twin bedroom - one cracked window pane, Living Room - side window has one broken window pane, Solarium - Slate floor under engineered hardwood flooring. Corner near terrace has staining under one plant.
Exclusions
Ceiling Medallion, Brass Chandelier, Draperies In Living Room, Rope & Shower Rod, Electric Shades.
Listing Terms
Contract

Location

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Neighborhood

Forest River

436 Lafayette St, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

Middle School
Collins Middle
Rating information coming soon
High School
Salem High
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $1,046
Homeowners Insurance $200
PMI $0

Property History

Market Insights

Property Timeline

🏠
Listed for Sale
Sep 16, 2025
$1,450,000
Original listing
Agent: Sherwood & Company Team Office: Compass
🏠
Listed for Sale
Sep 16, 2025
$1,450,000
Original listing
Agent: Sherwood & Company Team Office: Compass

Price & Status History

Date Event Price Change
Sep 16, 2025 New Listing Added $1,450,000
Sep 16, 2025 New Listing Added $1,450,000

Market Statistics

Days on Market
9 days
Price per Sq Ft
$284

Tax History

Year Taxes Assessment
2025 $12,551 $1,106,800

Financial Details

Annual Property Tax
$12,551
Tax Year 2025
Assessed Value
$1,106,800

Listing Information

Listing Agent Sherwood & Company Team
Listing Office Compass
Agent MLS ID TM352103
Office MLS ID AN2383

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