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15 Lorraine Terrace, Marblehead MA 01945
15 Lorraine Terrace, Marblehead MA 01945
Massachusetts>Essex County>Marblehead

15 Lorraine TerraceMarblehead, MA 01945

For Sale

$850,000

Smart Buyer Rebate $4,250

Welcome to 15 Lorraine Terrace, a meticulously maintained split-level ranch lovingly cared for by the same family for decades. Situated in a desirable Marblehead neighborhood just moments from Village Street Dock, this inviting home offers a wonderful combination of comfortable living spaces, thoughtful functionality and beautifully landscaped grounds. The main level features a welcoming living room with a gas fireplace insert framed by built-in bookcases, flowing naturally into the adjoining dining room. The eat-in kitchen offers generous space for casual dining and direct access to the backyard and patio, creating an easy connection between indoor and outdoor living. Three bedrooms include a primary suite with a private bath featuring a walk-in shower, while two additional bedrooms share a full bathroom with tub. The partially finished lower level provides a cozy family room, a half bath, dedicated laundry area and unfinished workshop area, along with convenient interior access to the two-car garage. Additional highlights include gas heat, mini-split systems for cooling and supplemental heating, and beautifully established landscaping in the fenced-in flat backyard. With its flexible floor plan, wonderful outdoor spaces and undeniable pride of ownership, this wonderful property offers an exceptional opportunity to settle into a well-loved home that is ready for its next chapter. Enjoy all that makes Marblehead such a special place to call home, from its picturesque harbor and beautiful beaches to the shops, restaurants and historic charm of Old Town. With a rich maritime heritage, vibrant community and exceptional coastal lifestyle, Marblehead is a perfect place to put down roots.

Listed by Willis + Tierney

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Compass

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6128606446

Listed by Christine Tierney

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Compass

Last updated October 31, 2026

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Source: MLSPin #73595574

Listing Facts

  • TypeSingle-family
  • NeighborhoodMarblehead
  • Bedrooms3
  • Bathrooms3
  • Days on Prevu4
  • Taxes$7,876.74/year
  • Size1,650 sqft
  • Price per sqft$515

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

10/27/2026
Listed by Compass
$850,000
  1. 10/27/2026$850,000
    Listed by Compass

Property Details for 15 Lorraine Terrace

Exterior

Construction

  • Roof: Shingle
  • Year Built: 1963
  • Year Built Details: Actual
  • Architectural Style: Split Entry
  • Construction Materials: Frame
  • Exterior Features: Rain Gutters

Features

  • Fencing: Stone
  • Other Structures: Workshop
  • Patio And Porch Features: Deck, Patio

Measurements

  • Building Area Total: 1,650
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.16
  • Lot Size Area: 0
  • Lot Size Square Feet: 7,361
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 105 14 0,2023276
  • Tax Annual Amount: $7,876.74
  • Tax Assessed Value: $915,900.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Water Heater, Oven, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Dryer
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Wood, Tile, Carpet
  • Interior Features: Master Downstairs

Measurements

  • Living Area: 1,650
  • Living Area Source: Public Records

Rooms

  • Basement: Partially Finished, Interior Entry
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 3
  • Rooms Total: 7

Other

Environmental

  • Green Energy Efficient: Thermostat

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached, Garage Door Opener, Paved, Garage
  • Parking Total: 4

Schools

Elementary School

  • Elementary School: Public/Private

High School

  • High School: Public/Private

Middle or Junior School

  • Middle Or Junior School: Public/Private

Utilities

Equipment

  • Cooling: Ductless, Zoned
  • Has Cooling: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Baseboard, Ductless, Zoned
  • Has Heating: Yes
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 3 bedrooms and 3 bathrooms in this single-family home at 15 Lorraine Terrace.

What schools are nearby to 15 Lorraine Terrace?

Nearby schools include the Public/Private Elementary School, Public/Private Middle School, and Public/Private High School.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 15 Lorraine Terrace.

What are the annual taxes for 15 Lorraine Terrace?

Annual taxes for this single-family home are estimated at $7,876.

How does 15 Lorraine Terrace compare to other single-family homes in Marblehead?

This single-family home is listed 75% below the average price for single-family homes in Marblehead and has been on the market for 86 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 1,650 sqft.

15 Lorraine Terrace is a 3-bedroom, 3-bath single-family home for sale in Marblehead MA 01945. Available on Prevu for 4 days at $850,000. This property features 1,650 square feet of living space, located in Marblehead. The median listing price for single-family homes in this area is $1,260,000. Nearby schools include Public/Private Elementary School, Public/Private Middle School, and Public/Private High School. The home offers private outdoor space, dishwasher, parking, and washer/dryer. Browse more single-family home listings in Essex County.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.