40 Lee St, Marblehead, MA 01945
Property image
Property image
OFF MARKET

$964,100

Trulia Estimate
  • 2 Beds
  • 2.5 Baths
  • 1,240 sqft

40 Lee St, Marblehead, MA 01945

Est. Refi. Payment $5,752/mo*
Refinance Your Home
Currently Off Market - Sold Nov 30, 2023 for $880,000

Home Value

Trulia Estimate
$964K
Since last month
Decreased$13K (-1.3%)
Since last year
Increased$34K (+3.6%)
Since last sale
Increased$85K (+9.6%)
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 +103% in the last 10 years
MonthEstimated value
2026
August 2026$965K
August 2026$964K
July 2026$978K
June 2026$978K
May 2026$983K
April 2026$967K
March 2026$967K
February 2026$935K
January 2026$916K
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
0.23
Single-Family Home
$815,000
10/07/25
3
2.5
1,297
0.35
Single-Family Home
$675,000
09/01/26
2
2.5
1,296
0.27
Single-Family Home
$815,000
07/17/26
2
1.5
1,240
0.22
Single-Family Home
$725,000
01/02/26
4
2.5
1,276
0.38
Single-Family Home
$1,360,000
07/24/26
2
1.5
1,404
0.38
Single-Family Home
$1,350,000
06/04/26
2
1.5
1,423
0.34
Single-Family Home
$445,000
06/01/26
2
1.5
1,028
0.12
Single-Family Home
$975,000
10/22/25
3
2
1,872
0.37
Single-Family Home
$910,000
04/06/26
3
2
1,000
0.50
Single-Family Home
$770,000
04/24/26
3
1.5
1,141

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
0.04
$1,462,500
4
2.5
2,580
Off Market
0.04
$1,529,700
4
2.5
2,754
Off Market
0.02
$944,400
3
1.5
1,400
Off Market
0.01
$1,496,100
4
2.5
1,594
Off Market
0.01
$1,594,400
2
2.5
1,629
Off Market
0.10
$2,032,600
4
4.5
3,017
Off Market
0.10
$433,000
1
1
767
Off Market
0.04
$599,000
1
1.5
920
Recently Sold
0.04
$2,199,600
4
3.5
2,963
Off Market
0.05
$911,400
1
2
1,130
Off Market
0.05
$650,900
1
1
620
Off Market

Local Information

  • Map ViewExplore the area around 40 Lee St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1710
1,240 sqft
$778/sqft
1 Open Spaces

About this House

Welcome to 40 Lee Street, a captivating coastal retreat that seamlessly blends timeless elegance with modern comforts boasting loads of updates including new custom kitchen, 2.5 new baths, new HE heat, new 200A electrical and so much more. This stunning 2+ bedroom residence offers a lifestyle of unparalleled charm and sophistication, perfectly situated in Old Town, this home enjoys a prime location within walking distance to picturesque beaches, historic sites including Crocker Park, Fort Sewall, Gas House Beach, Old Burial Hill (just to name a few), boutique shops, and renowned restaurants, providing the ideal backdrop for a vibrant coastal lifestyle. A true testament to timeless craftsmanship, this home features meticulous attention to detail with custom millwork, 2 oversized fireplaces, high-end finishes, and architectural sophistication throughout, last but not least...1 car parking. Come see! OPEN Saturday 10/21 & Sunday 10/22 @ 11:30-1PM.
40 Lee St, Marblehead, MA 01945 is a 2 bedroom, 3 bathroom, 1,240 sqft single-family home built in 1710. It last sold for $880,000 on Nov 30, 2023 (10% above the $799,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $964,100, with a rent estimate of $4,226/month.
Last check for updates: about 8 hours ago
Listed by Judith Toner, (781) 704-6592
The Proper Nest Real Estate, (781) 797-4020
Melissa Weinand, (781) 254-8669
Bought with: Traci Howe, (617) 510-4341, Sagan Harborside Sotheby's International Realty, (781) 631-8800
Source: MLS PIN, MLS#73171332

Home Details for 40 Lee St

Interior Features

Interior Details
Number of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Master Bathroom, Bathroom 1, Bathroom 2, Bathroom 3, Family Room, Kitchen, Office
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 1240 Square Feet
Appliances & Utilities
Utilities: for Gas RangeAppliances: Gas Water Heater, Tankless Water Heater, Range, Dishwasher, Disposal, Refrigerator, Washer, DryerDishwasherDisposalDryerLaundry: Closet - Walk-in,Flooring - Wall to Wall Carpet,Remodeled,Second FloorRefrigeratorWasher
Heating & Cooling
Heating: Hot Water,Natural GasHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Hot Water
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Family RoomHas a FireplaceNo Spa
Gas & Electric
Electric: Circuit Breakers, 200+ Amp Service
Windows, Doors, Floors & Walls
Window: Storm Window(s)Flooring: Wood, Tile, Hardwood, Pine, Flooring - Hardwood
Levels, Entrance, & Accessibility
Floors: Wood, Tile, Hardwood, Pine, Flooring Hardwood

Exterior Features

Exterior Home Features
Roof: ShingleExterior: Rain GuttersFoundation: Stone
Parking & Garage
Open Parking Spaces: 1No GarageHas Open ParkingParking Spaces: 1Parking: Off Street,Driveway
Frontage
Waterfront: Ocean, Direct Access, Walk to, 1/2 to 1 Mile To Beach, Beach Ownership(Public)Road Frontage: PublicRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1710
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Antique
Building
Construction Materials: FrameAttached To Another StructureDoes Not Include Home Warranty
Property Information
Not Included in Sale: 3 Matching Window Treatments On The 2nd Floor.Parcel Number: 2024899

Price & Status

Price
List Price: $799,000
Status Change & Dates
Off Market Date: Sat Oct 28 2023

Active Status

MLS Status: Sold

Location

Direction & Address
City: MarbleheadCommunity: Old Town
School Information
Jr High / Middle School: MvmHigh School: Mhs

Building

Building Area
Building Area: 1240 Square Feet

Community

Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, UniversityNot Senior Community

HOA

No HOA

Lot Information

Lot Area: 1650 sqft

Offer

Contingencies: Pending P&S

Miscellaneous

Mls Number: 73171332

Additional Information

Public TransportationShoppingTennis Court(s)ParkWalk/Jog TrailsGolfMedical FacilityLaundromatBike PathConservation AreaHighway AccessHouse of WorshipMarinaPrivate SchoolPublic SchoolT-StationUniversity

Price and Tax history

DateEventPrice
Nov 30, 2023
Source: MLS PIN #73171332
Sold
$880,000
Oct 20, 2023
Source: MLS PIN #73171332
Contingent
$799,000
Oct 18, 2023
Source: MLS PIN #73171332
Listed For Sale
$799,000
May 6, 2016
Source: N/A
Sold
$460,000
Apr 6, 2016
Source: Agent Provided
Pending
$470,000

Market trends in Marblehead

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$986K
$127K
MoM
Sale-to-List Price
101.8%
Price per sq ft
$534
$7
MoM
Available listings
50
15
MoM

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.
  • Trulia User
    "There are lots of community events and one of the best July 4th celebrations. Lots of church groups, Council on aging, etc"
  • 9vpwcs25jb
    "Everyone is friendly towards dogs. The dogs love every person who comes close to them. It’s a pleasure to see. "
  • 9vpwcs25jb
    "I work from home so I don’t commute. I have the best of both worlds and I’m totally appreciative. Out of the worst pandemic comes the best commute ever! How lucky we are!! "
  • Lytania Jason Knowles
    "I work ten minutes away so it’s great. 7:45-8:15 in town is a mess because all the schools are doing drop off. "
  • MARC MELTZER
    "Aside from the morning & afternoon traffic the commute is okay but to & from work can be very stressful "
  • Bdmn63
    "This is an absolutely fantastic community with parents who are actively involved with their families in the community great schools and great lifestyle with the beaches in waterfronts"
  • Tpnohelty
    "Great area to walk with dogs. Safe neighborhood and everyone keeps their dogs leashed when out and about."
  • Cassandra
    "Christmas walk every year Santa comes in a lobster boat and they have a parade and all the local stores have specials "
  • Cassandra
    "Art festival in the summer. Sidewalk sales for all the local shops. Crocker park has fireworks on holidays and beautiful view of the ocean. Outdoor dining on the water "
  • R E. M.
    "this is a one of a kind community. it is very historic, going back to the 1600's. it is very safe and family friendly. it is a bit hard to commute to, but totally worth it."
  • Chalvinleo
    "Marblehead is truly something else. I have lived here for the past 10 years and I am sad to leave. This town will always feel like home. "
  • Msherman48
    "It’s Marblehead, an almost 400 year old fishing village on Massachusetts Bay. We have a small town but urban “walking” downtown on a spectacularly beautiful natural harbor. This is the real thing! And, it’s only a short hop to Boston, America’s intellectual capital city. If it didn’t have a cold winter, the whole world would want to live here!"
  • Cynshor
    "Takes a little while to get out of Marblehead and through surrounding Salem and Swampscott. Worth every minute on the ride home when you hit the water views."
  • dbrownbos
    "My neighborhood is in a great location close to schools and old town section of town. You can walk to shopping and the harbor. Lots of attractions nearby. "
  • Frank K.
    "I’ve lived in this neighborhood for fourteen years and have nice neighbors. It is safe and people watch out for each other."
  • Rhonda
    "Stunning ocean and harbor views. Beach and water sports. Walking running and biking on the Neck. Eastern and Corinthian yacht clubs among others. "
  • richard n. a.
    "Fabulous and unique seaside community. History is everywhere. 16 miles from Boston. No place to build so housing is always in demand and home values do not get hit hard in economic downturns. Great town to protect your real estate investment. "
  • Sean
    "A corner lot in the desirable family neighborhood. Kids all abound. Ice Cream Trucks and good people."
  • Alicia H.
    "I live here and this town is fantastic - it's beautiful and friendly and full of things to do! "
  • Arian S.
    "Excellent location, wonderful views, quite. I love to live and work here."

LGBTQ Local Legal Protections

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.

Frequently asked questions about 40 Lee St

  • What is 40 Lee St estimated to be worth?
    Trulia's estimated value for 40 Lee St in Marblehead, MA is $964,100.
  • What is the price history for 40 Lee St?
    40 Lee St in Marblehead, MA last sold for $880,000 in November 2023.
  • 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 40 Lee St have air conditioning?
    Yes, 40 Lee St in Marblehead, MA has air conditioning.
  • Does 40 Lee St have laundry facilities?
    Yes, 40 Lee St in Marblehead, MA has in-unit laundry.

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