$459,900
OPEN SAT 11AM - 1PM

40 Prospect St Unit 40R Marblehead, MA 01945

Estimated payment $2,955/month

2 Beds
1 Bath
590 Sq Ft
$779 Price per Sq Ft

Highlights

  • Beach Front
  • Marina
  • Wood Flooring
  • Marblehead High School Rated A-
  • Property is near public transit
  • Tennis Courts

About This Home

Welcome to one of Marblehead’s best-kept secrets. This ideally located, single-level, two-bedroom condominium in the heart of downtown offers a low-maintenance lifestyle with a private entrance, patio, and lush garden setting. The home features hardwood floors, a fireplaced living and dining area, in-unit laundry, and ample storage. Enjoy the perfect blend of modern convenience and old-world charm, along with two-car parking. This special opportunity is perfect as a year-round residence or care-free retreat near the harbor, beaches, shopping, and restaurants. Enjoy the best of the costal community of Marblehead.

Listing Agent

Zoe Karademos

Coldwell Banker Realty - Marblehead Listed on: 04/28/2026

Coldwell Banker Realty - Marblehead

Open House Schedule

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,027

Year Built

  • Built in 1920

Lot Details

  • Beach Front
  • Fenced Yard
  • Garden

HOA Fees

  • $197 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 1st floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 590 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Bay Window
  • Living Room with Fireplace
  • Basement
  • Exterior Basement Entry

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Paved Parking
  • 2 Open Parking Spaces
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number M:0110 B:0031 L:3,2023563

Community Details

Overview

  • Association fees include insurance, maintenance structure, ground maintenance, snow removal, reserve funds
  • 3 Units

Amenities

  • Shops

Recreation

  • Marina
  • Tennis Courts
  • Park
  • Jogging Path

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,027

Year Built

Built in 1920

Lot Details

0 Sq Ft Lot

HOA Fees

$197 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1920
  • Entry Level: 1
  • Year Built Details: Approximate
  • Special Features: OpenHouse
  • Stories: 1

Interior Features

  • Flooring: Tile, Hardwood
  • Entry Location: Unit Placement(Garden)
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Flooring - Hardwood, Exterior Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Bathroom - Full, Closet, Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood
  • Laundry Features: First Floor, In Unit
  • Room Living Room Level: First
  • Room Living Room Features: Walk-In Closet(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Exterior Access
  • Basement: Y
  • Above Grade Finished Sq Ft: 590
  • Living Area: 590
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN6181

Exterior Features

  • Exterior Features: Patio, Fenced Yard, Garden, Stone Wall
  • Construction Materials: Frame
  • Fencing: Security, Fenced
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Waterfront Features: Harbor, Ocean, 1/2 to 1 Mile To Beach
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 2
  • Open Parking YN: Yes
  • Parking Features: Off Street, Assigned, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 197
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Highway Access, House of Worship, Marina
  • Senior Community YN: No
  • MANAGEMENT: Owner Association

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds

Lot Info

  • Parcel Number: M:0110 B:0031 L:3,2023563
  • Zoning: CR
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 4027.48

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2026 04/28/26 For Sale $459,900 -- $779 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73508871

MLS Property Information Network (MLS PIN)
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