Marblehead sale over $4 million – guess where?

A house in Marblehead sold this week for $4.15 million in a private transaction, according to the Salem Registry of Deeds.

Where was this? The Neck? Fluen Point? Peach’s Point?

The answer: none of the above. It was at the end of Bartlett Street in an area of town, Clifton, that has a number of ocean front properties but is not on the radar screen of many buyers.

The Clifton area runs from the Swampscott town line down to Goldthwait but for the purpose of this article  I am going to refer to the coast as far as Ocean Avenue, leading to the Neck. And here is the secret. There are a lot of  small streets that lead to the water and have 1 or 2 or maybe 3 or 4 houses sitting directly on the ocean at the end.

And for the most part these houses sit on the rocky Atlantic coast and are high enough that flooding is not a concern, while many of them face South, have great views of Ram Island and down the coastline, and are well protected from the nor’ easters that can impact more exposed areas.

In all I have found 29 properties on this coast with Assessed Values between $2 and $5 million. Two are currently for sale: one on Spray Avenue and one on Crown Way , both under $4 million.

Here’s a map of the area in two sections. First, from Preston Beach to Coolidge Road; secondly, from Coolidge to Ocean Ave.

Source: Town of Marblehead GIS

Source: Town of Marblehead GIS

 

Source: Town of Marblehead GIS

Source: Town of Marblehead GIS

Disclosure: I am the owner and listing agent for the house on Crown Way. The house on Spray Avenue is listed by J.Barrett & Company

If you  - or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, feel free to contact me on 781.631.1223 or andrew@HarborsideRealty.com.

Andrew Oliver is a Realtor with Harborside Realty in Marblehead