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2 Foster St, Marblehead MA 01945

Marblehead, MA 01945 • Marblehead Neck
$2,150,000
Est. $11,443/month
5
Beds
5
Baths
5,835
Sq Ft
$368
Price/Sq Ft
0.53
Acres
1986
Year Built
Single Family Residence
Type
548
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73071243

About this home

AUCTION BIDDING OPEN: Bidding ends July 18th. Previously Listed $3.75M. Current High Bid $1.9M. No Reserve. Showings Saturday and Sunday 2-4pm, and Daily By Appt. Redgate is a lovely Marblehead Neck home situated on picturesque Marblehead harbor. This modern prestigious shingle-style home was featured in Traditional Home Magazine. The location coupled with the high ceilings and oversized windows make this architecturally designed modern shingle-style home an East Coast gem. It boasts a dramatic Great Room, spacious kitchen with a dining area taking advantage of the 180-degree views of the harbor. All three bedrooms in the main house are flooded with natural light and harbor views. The primary suite occupies the entire third floor, with a sitting room, an expansive harbor-facing deck, a walk-in closet, and two bathrooms. Warm wood floors and airy open spaces make this home perfect for entertaining. In addition to the spacious main house, there is an attached 2 BR Gardener’s Cottage

Sale Statistics

Sale Overview
Original List Price: $5,000,000
Final Sale Price: $2,150,000
Difference: $2,850,000 (-57.0%)
Performance Metrics
43.0%
List to Sale Ratio
Sold below asking price
548
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $857
Sale $/sq ft: $368
This property sold for $368 per square foot
Sale Summary

This property sold for 57.0% below the original asking price.

At 548 days on market, this property took longer than average to sell.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1986
Bedrooms
5
Full Bathrooms
4
Half Bathrooms
2
Living Area
5,835 sq ft
Total Rooms
11
Main Level Bedrooms
4

Interior Features

Flooring
Wood, Tile, Flooring - Wood, Flooring - Hardwood
Heating
Baseboard, Natural Gas, Fireplace
Has Heating
Yes
Cooling
Ductless, Whole House Fan
Has Cooling
Yes
Fireplace Features
Family Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Water Heater, Oven, Dishwasher, Disposal, Trash Compactor, Microwave, Range, Refrigerator, Washer, Dryer
Interior Features
Bathroom - Full, Soaking Tub, Bathroom - Tiled With Shower Stall, Bathroom - With Shower Stall, Cathedral Ceiling(s), Closet, Dining Area, Attic Access, Closet - Double, Wet bar, Breakfast Bar / Nook, Recessed Lighting, Sunken, Crown Molding, Decorative Molding, Closet/Cabinets - Custom Built, Balcony - Interior, Open Floorplan, Window Seat, Bathroom, Inlaw Apt., Den, Sitting Room, Great Room, Central Vacuum
Laundry Features
Dryer Hookup - Electric, Washer Hookup, Main Level, Electric Dryer Hookup, Exterior Access, Sink, First Floor, Gas Dryer Hookup
Window Features
Skylight(s), Skylight, Window(s) - Bay/Bow/Box
Door Features
French Doors

Exterior & Structure

Construction Materials
Frame
Architectural Style
Shingle
Roof
Shingle
Foundation
Slab
Exterior Features
Balcony / Deck, Deck, Deck - Wood, Patio, Sprinkler System, Stone Wall
Patio/Porch Features
Deck - Exterior, Deck, Deck - Wood, Patio
Spa Features
Bath
Has Spa
No
Waterfront Features
Waterfront, Ocean, Harbor, Dock/Mooring, Frontage, Direct Access, Harbor, Ocean, Walk to, 0 to 1/10 Mile To Beach
Waterfront Property
Yes

Lot & Land

Lot Size
0.53 acres
Lot Size
23,217 sq ft
Lot Size Area
0.5300
Lot Features
Easements, Level
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Garage Spaces
4
Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
6
Parking Features
Detached, Storage, Workshop in Garage, Off Street, Driveway
Covered Parking Spaces
4

Utilities & Systems

Utilities Available
for Electric Range, for Gas Dryer, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer

Community & HOA

Subdivision
Marblehead Neck
Community Features
Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Private School, Public School, University
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$41,120
Tax Year
2024
Tax Assessed Value
$4,589,300
Tax Block
5A
Tax Map Number
907
Parcel Number
907 5A 0,2028014
Zoning
LSR

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
The property is being sold in "as is" condition.The dock is shared with two neighbors.

Location

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Neighborhood

Marblehead Neck

2 Foster St, Marblehead MA 01945

Marblehead, MA 01945

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $3,427
Homeowners Insurance $200
PMI $0

Property History

Market Insights

11.6%
Price Range
549
Total Days on Market

Property Timeline

✓
Sold
Aug 15, 2024
$2,150,000
Property sold
Days on Market: 549
🏠
Listed for Sale
Jan 17, 2023
$1,900,000
Original listing
Agent: Traci Howe Office: Sagan Harborside Sotheby's International Realty

Price & Status History

Date Event Price Change
Jan 17, 2023 New Listing Added $1,900,000 —

Market Statistics

Days on Market
548 days
Price per Sq Ft
$368

Tax History

Year Taxes Assessment
2024 $41,120 $4,589,300

Financial Details

Annual Property Tax
$41,120
Tax Year 2024
Assessed Value
$4,589,300

Listing Information

Listing Agent Traci Howe
Listing Office Sagan Harborside Sotheby's International Realty
Agent MLS ID C7505718
Office MLS ID AN4472

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