
349 Ocean Avenue Marblehead — Photo 1 of 23
Recent Drop: $1,000,000
$7,750,000
349 Ocean Avenue, Marblehead, MA 01945
Marblehead, MA 01945 — MARBLEHEAD NECK
Beds
5
Baths
5.5
SqFt
6,500
Style
Single Family
Built
1900
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.
Market Value Analysis
* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Marblehead, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater
Neighborhood
Walk/Jog Trails • Bike Path • Conservation Area • Marina • Private School • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Hardwood, Balcony / Deck
Dining Room
Lvl Main,FirstFlooring - Hardwood
Kitchen
Lvl Main,FirstFlooring - Hardwood, Breakfast Bar / Nook, Open Floorplan
Office
Lvl BasementFamily Room
Lvl Main,FirstFlooring - Hardwood, Balcony / Deck, Open Floorplan
Master Bedroom
Lvl SecondBathroom - Full, Walk-In Closet(s), Deck - Exterior
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Hardwood
Bedroom 4
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bedroom 5
Lvl SecondBathroom 1
Lvl SecondBathroom 2
Lvl SecondBathroom 3
Lvl SecondProperty History
$7,750,000
Was $8,750,000
Jun 24, 2026
MLS® 73467958
$8,750,000
Jan 13, 2026
MLS® 73467958
Population
20,470
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$180K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
14.7%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Essex County
992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 6,500 sq ft principal dwelling). Lot size: 80,738 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Listing Agent: Judith Toner
Listing Office: The Proper Nest Real Estate
MLS® Number: 73467958
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