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46 Holly Pond Rd Marion — Photo 1 of 40

46 Holly Pond Rd Marion — Photo 1 of 40

$1,489,000

Investment Analysis — 46 Holly Pond Rd

Marion, MA 02738 — Indian Cove

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02738 carries an estimated $3,390/mo in gross rent — about a 1.34% cap rate and $19,991/yr in estimated NOI at the $1,489,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

3,164

Style

Single Family

Built

1983

46 Holly Pond Road, Marion, MA – Indian Cove Neighborhood. Welcome to coastal paradise in one of Marion’s most desirable private enclaves.Nestled in the exclusive Indian Cove neighborhood, this stunning single-family home at 46 Holly Pond Road offers the perfect blend of privacy, natural beauty, and convenient waterfront lifestyle. Set on a generous 1.39-acre lot with outstanding views of the bay, this property delivers serene, picturesque living just steps from the shared association Boat House. Built in 1983 and spanning approximately 3,436 square feet, this well-appointed home features 4 bedrooms and 2.5 bathrooms. The spacious layout includes a welcoming entry, comfortable living and family rooms, a formal dining area, and an exceptional kitchen with Corian counters and breakfast nook. The luxurious master suite offers a private full bath and a cozy fireplace. An added highlight is the studio apartment located above the detached 2-car garage, providing flexible space for guests

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 3,164 sq ft principal dwelling). Lot size: 60,436 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$1,489,000
Annual Taxes$10,926

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms10
Fireplaces2
FlooringWood, Tile, Carpet, Hardwood
BasementFull

Climate & Utilities

HeatingForced Air, Oil
CoolingCentral Air
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRB 1010

Property & Lot

Acres1.39
SqFt Lot60,436
Lot FeaturesWooded, Flood Plain

Amenities & Appliances

Water Heater • Range • Oven • Dishwasher • Microwave • Refrigerator • Freezer • Washer • Dryer • Plumbed For Ice Maker

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s)

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Living Room
Lvl First

Skylight, Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Hardwood, Window(s) - Picture, Balcony / Deck, Balcony - Exterior, Wet Bar, Deck - Exterior, Exterior Access, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Slider, Breezeway

Dining Room
Lvl First

Flooring - Hardwood, Deck - Exterior, Open Floorplan, Slider, Breezeway

Kitchen
Lvl First

Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Cable Hookup, Open Floorplan

Family Room
Lvl First

Flooring - Hardwood, Flooring - Wood, French Doors, Deck - Exterior, Exterior Access, Slider

Master Bedroom
Lvl Second

Skylight, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Balcony / Deck, Balcony - Exterior, Deck - Exterior, Exterior Access, Slider, Closet - Double

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bedroom 4
Lvl Second
Bathroom 1
Lvl First
Bathroom 2
Lvl Second
Bathroom 3
Lvl Second
Listing Provided By

Listing Agent: Donald Bliss

Listing Office: Conway - Mattapoisett

MLS® Number: 73552457