$6,600,000
5
Beds
4/2
Baths
6,518
Living Area
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Property Description
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.
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Highlights
- Acres: 1
- Cooling: Central Air
- Heating: Baseboard, Natural Gas, Fireplace(s)
- Property Class: Residential
- Style: Victorian
- Year Built: 1880
- Area: Marblehead Neck
- Has View: Yes
- Parking Spots: 10
- Property Type: Single Family Residence
- Total Rooms: 12
- Status: Closed
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Additional Details
- Appliances: Tankless Water Heater, Range, Dishwasher, Disposal, Trash Compactor, Refrigerator, Washer, Dryer, Range Hood
- Construction: Frame
- Fireplaces: 2
- Foundation: Stone
- Lot Features: Wooded, Easements, Gentle Sloping
- Roof: Shingle, Slate, Rubber
- Year Built Details: Actual
- Zoning: Res
- Basement: Full, Finished, Walk-Out Access, Interior Entry, Garage Access
- Exterior Features: Porch, Deck - Wood, Cabana, Rain Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting, Screens, Garden, Stone Wall
- Flooring: Wood, Tile, Carpet, Flooring - Hardwood, Laminate, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet
- Interior 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
- Road Frontage Type: Public
- View: Scenic View(s)
- Year Built Source: Public Records
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Amenities
- Community Features: Park, Conservation Area, Sidewalks
- Parking Features: Attached, Garage Door Opener, Garage Faces Side, Paved Drive, Off Street, Driveway, Paved
- Waterfront Features: Waterfront, Beach Front, Ocean, Harbor, Access, Beach Access, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Private)
- Covered Parking Spaces: 3
- Waerfront: Yes
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Utilities
- Electric: Circuit Breakers, 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $6,164,800
- Compensation Based On: Net Sale Price
- Tax Year: 2024
- Buyer Agent Compensation: 2.0%
- Facilitator Compensation: 1%
- Taxes: $55,229
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Leading Edge Real Estate.
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