$6,289,400
- 5 Beds
- 6 Baths
- 5,639 sqft (on 0.86 acres)
385 Ocean Ave, Marblehead, MA 01945
Currently Off Market - Sold Dec 5, 1997 for $641,000
Home Value
Trulia Estimate
$6.29MSince last month
Increased$16K (+0.3%)Since last year
Increased$224K (+3.7%)Since last sale
Increased$6M (+888.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +3% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $6.34M |
| July 2026 | $6.32M |
| June 2026 | $6.35M |
| May 2026 | $6.34M |
| April 2026 | $6.22M |
| March 2026 | $6.26M |
| February 2026 | $6.12M |
| January 2026 | $6M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.62 | Single-Family Home | $1,625,000 | 11/06/25 | 5 | 3 | 3,008 | |
0.74 | Single-Family Home | $1,750,000 | 11/21/25 | 5 | 3.5 | 3,568 | |
0.65 | Single-Family Home | $5,300,000 | 10/30/25 | 6 | 4 | 3,558 | |
0.78 | Single-Family Home | $1,600,000 | 11/07/25 | 4 | 3.5 | 3,543 | |
1.02 | Single-Family Home | $1,320,000 | 09/30/25 | 5 | 3 | 3,028 | |
0.68 | Single-Family Home | $2,175,000 | 12/18/25 | 5 | 3.5 | 2,942 | |
0.96 | Single-Family Home | $760,000 | 09/25/25 | 4 | 3.5 | 2,781 | |
0.95 | Single-Family Home | $2,800,000 | 07/02/26 | 8 | 5 | 6,205 | |
0.83 | Single-Family Home | $1,600,000 | 10/15/25 | 4 | 4 | 3,107 | |
0.91 | Single-Family Home | $2,000,000 | 06/01/26 | 6 | 3.5 | 3,586 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.10 | $7,156,800 | 5 | 5 | 6,518 | Off Market | |
0.12 | $1,677,700 | 2 | 1.5 | 1,388 | Off Market | |
0.18 | - | 5 | 4.5 | 5,915 | Off Market | |
0.17 | $7,517,300 | 7 | 5 | 7,396 | Off Market | |
0.21 | $2,625,800 | 3 | 3.5 | 4,014 | Off Market | |
0.24 | $7,750,000 | - | - | - | For Sale | |
0.30 | $3,630,400 | 4 | 4.5 | 5,428 | Off Market | |
0.31 | $1,800,700 | 3 | 2 | 1,702 | Off Market | |
0.48 | $4,654,300 | 4 | 4.5 | 5,547 | Off Market | |
0.52 | $6,250,000 | 6 | 5.5 | 7,231 | For Sale | |
0.55 | $1,561,100 | 3 | 2 | 1,994 | Off Market | |
0.54 | $3,349,400 | 6 | 6 | 5,185 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1937
Lot Size
0.86 acres
Living Area
5,639 sqft
Price/Sqft
$1,115
About this House
Nearly an acre of truly breathtaking oceanfront estate on Marblehead Neck, boasting 5,639 square feet of elegant living space with 5 bedrooms and 5 full, 2 half bathrooms. The exquisite marble foyer and grand staircase lead to gracious living areas, boasting stunning ocean views. Watch the sunrise over the water, sailboats bobbing in the harbor, or coastal wildlife play in their natural habitat. Home features a professional-grade, eat-in kitchen; dining room with fireplace and French doors to deck; three distinct fireplaces; and generous media room, sun room, and family room. The luscious, landscaped grounds are ideal for entertaining, showcasing a lagoon-style pool, basketball court, outdoor cooking area, and stone wall with deck and steps to the private beach. Adjacent lot available for purchase. Please refer to MLS listing 71876389
385 Ocean Ave, Marblehead, MA 01945 is a 5 bedroom, 7 bathroom, 5,639 sqft single-family home built in 1937. It last sold for $641,000 on Dec 5, 1997. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $6,289,400, with a rent estimate of $7,407/month.
Home Details for 385 Ocean Ave
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Interior Details BasementNumber of Rooms: 10 |
Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Fireplace & Spa Fireplace |
Levels, Entrance, & Accessibility Floors: Hardwood |
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Exterior Home Features Roof: AsphaltDeckExterior: Stone |
Pool Pool |
Parking & Garage Parking Spaces: 7 |
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Year Built Year Built: 1937 |
Property Type / Style Property Type: Single Family HomeArchitecture: Colonial |
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Units in Building: 1 |
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Lot Area: 0.86 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 22, 2016 Source: Agent Provided | ListingRemoved | $6,600,000 |
Jul 20, 2015 Source: Agent Provided | PriceChange | $6,600,000 Price decreased by 10% |
May 31, 2015 Source: Agent Provided | Listed For Sale | $7,299,000 |
Aug 11, 2014 Source: Agent Provided | ListingRemoved | $7,999,000 |
Sep 11, 2013 Source: Agent Provided | Listed For Sale | $7,999,000 |
Jun 16, 2010 Source: Agent Provided | ListingRemoved | $9,500,000 |
May 2, 2010 Source: Agent Provided | PriceChange | $9,500,000 Price decreased by 10% |
Dec 2, 2009 Source: Agent Provided | Listed For Sale | $10,500,000 |
Dec 5, 1997 Source: N/A | Sold | $641,000 |
Aug 3, 1995 Source: N/A | Sold | $1,600,000 |
Feb 7, 1994 Source: N/A | Sold | $277,000 |
Oct 4, 1991 Source: N/A | Sold | $1,000,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $57,687 | $6,374,300 |
Home facts updated by county records
Market trends in Marblehead
Last updated July 2026
Avg. sale price
$986K
$127KMoM
Sale-to-List Price
101.8%
Price per sq ft
$534
$7MoM
Available listings
50
15MoM
Around this home
What Locals Say about Marblehead
At least 107 Trulia users voted on each feature.
96 % Say it's dog friendly
91 % Say people would walk alone at night
80 % Say yards are well-kept
78 % Say kids play outside
78 % Say parking is easy
78 % Say car is needed
77 % Say there's holiday spirit
72 % Say there are sidewalks
70 % Say it's walkable to restaurants
70 % Say neighbors are friendly
69 % Say they plan to stay for at least 5 years
66 % Say it's quiet
64 % Say it's walkable to grocery stores
64 % Say there's wildlife
64 % Say streets are well-lit
47 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 385 Ocean Ave
- What is 385 Ocean Ave estimated to be worth?Trulia's estimated value for 385 Ocean Ave in Marblehead, MA is $6,289,400.
- What is the price history for 385 Ocean Ave?385 Ocean Ave in Marblehead, MA last sold for $641,000 in December 1997.
- Is Marblehead a buyer's or seller's market?Marblehead is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Marblehead?The median sale price in Marblehead is $986K. That is up $127K from the prior month.
- Does 385 Ocean Ave have air conditioning?Yes, 385 Ocean Ave in Marblehead, MA has air conditioning.
- Does 385 Ocean Ave have a pool?Yes, 385 Ocean Ave in Marblehead, MA has a pool.

