The origin of this property, at 333 Ocean Road, dates back to the 1840s. Joseph Peace Hazard, a member of a family famous for its textile mills, began construction of his home here. A 105-foot tower still stands, along with several adjacent structures. According to an article in Harper's written by Hazard's nephew, his uncle was a deep believer in spirits and believed he could talk to the ones living on the property.
At one point, the Hazards' land stretched from what is now Ocean Road and Route 108. The 38-acre home to Hazard Castle was purchased by the Catholic Diocese in 1951 and served for many years as Our Lady of Peace, a spiritual center and monastery. Today, the structures on the property are unoccupied and visitable, although the area is technically private property. Several private houses are farther along on Hazard Avenue, and the facilities are currently for sale with an advertised price tag of $5.95 million.