Marblehead’s Unknown Oceanfront Properties update

A while back I published Marblehead’s Unknown Oceanfront Properties, referring to houses on or oceanside of Atlantic Avenue between Preston Beach and Beach Street.

In that article I pointed out that: “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.”

This section of Marblehead is seeing price appreciation as evidenced by the number of properties with Assessed Values over $2 million. That number was 29 in 2014, 32 in 2015 and has now jumped to 44 in the recently released assessments for 2016.

How much longer will this area be a secret I wonder?

There are two Open Houses today of oceanfront property in this stretch of town:

11 Crown Way from 12:00-2:00

DCIM101MEDIADJI_0404.JPG

and 2-4 Coolidge Road from 12:00-1:30

DSCN1032

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 617.834.8205 or Andrew.Oliver@SothebysRealty.com.

Read Which broker will actually sell my house?

Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated

You can REGISTER to receive email alerts of new posts on the right hand side of the home page at www.OliverReports.com.

@OliverReports

Get Free Email Updates!

Did you find this article useful? Add your email address and I will send you notification of new articles.

I will never give away, trade or sell your email address. You can unsubscribe at any time.