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40-R Prospect St 3Marblehead, MA 01945

For Sale

$459,900

Smart Buyer Rebate - Ask

~ 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. ** OPEN HOUSE Saturday, May 2nd 11-1pm and Sunday, May 3rd 12-1:30 **

Listed by Zoe Karademos

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Coldwell Banker Realty - Marblehead

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781-405-7122

Last updated April 30, 2026

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Source: MLSPin #73508871

Listing Facts

  • TypeCondo
  • NeighborhoodMarblehead
  • Bedrooms2
  • Bathrooms1
  • Days on Prevu2
  • HOA/Maint. Fees$197/month
  • Taxes$4,027.48/year
  • Size590 sqft
  • Price per sqft$779

Amenities

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

Location

Mortgage Calculator

Listing History

04/28/2026
Listed by Coldwell Banker Realty - Marblehead
$459,900

Property Details for 40-R Prospect St 3

Association

Amenities

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Highway Access, House Of Worship, Marina
  • Pets Allowed: Yes w/ Restrictions

Fees

  • Association Fee: $197.00 Monthly
  • Association Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Shingle
  • Stories: 1
  • Stories Total: 1
  • Structure Type: Garden
  • Window Features: Insulated Windows
  • Year Built: 1920
  • Year Built Details: Approximate
  • Construction Materials: Frame
  • Entry Level: 1
  • Entry Location: Unit Placement(Garden)
  • Exterior Features: Patio, Fenced Yard, Garden, Stone Wall

Features

  • Fencing: Security, Fenced
  • Patio And Porch Features: Patio
  • Waterfront Features: Harbor, Ocean, 1/2 To 1 Mile To Beach

Measurements

  • Building Area Total: 590
  • Building Area Units: Square Feet
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: M:0110 B:0031 L:3,2023563
  • Tax Annual Amount: $4,027.48
  • Tax Assessed Value: $470,500.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Tile, Hardwood

Measurements

  • Living Area: 590
  • Living Area Source: Public Record

Rooms

  • Basement: Y
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • Rooms Total: 4

Parking

Parking

  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Off Street, Assigned, Paved
  • Parking Total: 2

Utilities

Equipment

  • Cooling: Window Unit(s)
  • Has Cooling: Yes
  • Electric: Circuit Breakers
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Laundry Features: First Floor, In Unit
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 2 bedrooms and 1 bathroom in this condo at 40-R Prospect St 3.

Does this condo have parking?

Yes, there are 2 parking spaces available for 40-R Prospect St 3.

Are pets allowed at 40-R Prospect St?

Yes, 40-R Prospect St allows pets. Check the Property Details for any relevant restrictions.

What are the annual taxes for 40-R Prospect St 3?

Annual taxes for this condo are estimated at $4,027.

How does 40-R Prospect St 3 compare to other condos in Marblehead?

This condo is listed 19% below the average price for condos in Marblehead and has been on the market for 74 less days than the typical home in this area.

What is the square footage on this condo?

According to the MLS, this listing is 590 sqft.

40-R Prospect St 3 is a 2-bedroom, 1-bath condo for sale in Marblehead MA 01945. On Prevu for 2 days at $459,900. This home features 590 square feet of living space, located in Marblehead. The median listing price for condos in this area is $999,900. Property amenities include private outdoor space, dishwasher, pets allowed, parking, and washer/dryer. Browse more condo 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.