FeaturesFlooring - Hardwood, Countertops - Stone/Granite/Solid, Recessed Lighting
LevelFirst
54 Lexington Ave # 32, Gloucester MA 01930
Gloucester, MA 01930 • Magnolia
$299,000
Est. $2,220/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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Open House Schedule
19
Sep
Saturday, September 19
10:00 AM - 11:30 AM EDT
20
Sep
Sunday, September 20
11:00 AM - 12:30 PM EDT
About this home
A little piece of New England history is waiting for you by the cliffs of Cape Ann. Experience a true gem of North Shore living in Gloucester’s famed Magnolia neighborhood. Located on the site of the legendary Grande Dame Oceanside Hotel, this charming and cozy studio brings coastal living right to your doorstep—for just $299K! Step outside to sweeping views of the Atlantic Ocean in one direction and Magnolia’s beloved shops, restaurants, library, and post office in the other. And that’s only the beginning. Nearby beaches include Gray Beach, Black Beach, and Singing Beach, while the scenic Coolidge Reservation and Rafe’s Chasm are just minutes away. A true nature lovers paradise! For the perfect end to the day, stroll down Magnolia Pier and take in a beautiful sunset. Back home, enjoy convenient private parking, dedicated storage for your beach and outdoor gear, and a covered porch—the perfect spot for a relaxing meal or drink. Come see what makes this opportunity so special. Open houses: Saturday, 9/19, from 10:00–11:30 a.m. and Sunday, 9/20, from 11:00 a.m.–12:30 p.m.
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Recently Sold Nearby
Property History
Market Insights
27.8%
Price Range
3
Previous Sales
Property Timeline
Listed for Sale
Sep 17, 2026
$299,000
Original listing
Agent: Kurt Coleman
Office: Coldwell Banker Realty - Brookline
Previous Transaction - MLS #73249113
Full transaction history available when tracking began
Previously Sold
Jul 26, 2024
$317,000
MLS #73249113
Previous Transaction - MLS #72969212
Full transaction history available when tracking began
Previously Sold
Jun 3, 2022
$271,000
MLS #72969212
Previous Transaction - MLS #72826820
Full transaction history available when tracking began
Previously Sold
Jul 13, 2021
$229,000
MLS #72826820
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/17/2026 | 🏠 Listed for Sale | $299,000 | - | - | Original listing |
| 07/26/2024 | 🏷️ Previously Sold | $317,000 | - | - | MLS #73249113 |
| 06/03/2022 | 🏷️ Previously Sold | $271,000 | - | - | MLS #72969212 |
| 07/13/2021 | 🏷️ Previously Sold | $229,000 | - | - | MLS #72826820 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $2,598 | $279,100 |
Financial Details
Annual Property Tax
$2,598
Tax Year 2026
HOA Fee
$292
Monthly
Assessed Value
$279,100
Facts & Features
Home Facts
Type
Residential
Style
Condominium
Year Built
1920
Living Area
400 sq ft
Stories
1
Full Baths
1
Total Rooms
2
Interior
Heating
Baseboard, Oil
Cooling
Window Unit(s)
Flooring
None
Appliances
Range, Refrigerator
Fireplace
None
Basement
N
Laundry
Common Area, In Building
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle, Rubber
Features
Porch, Covered Patio/deck, Storage, Professional Landscaping
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch, Covered
Parking
Features
Off Street, Assigned
Total Spaces
1
Utilities
Electric
None
Water
Public
Sewer
Private Sewer
Gas
None
Other
None
Financial
Annual Tax
$2,598
Assessed Value
$279,100
HOA & Community
HOA Fee
$292 Monthly
Fee Includes
Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities
Hot Water, Laundry, Storage
Optional Fee Includes
None
Owner-Occupied Units
9
Pets
Yes w/ Restrictions
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
See Attached Rules And Regs. Well-behaved Cats And Dogs Are Allowed. Furniture Can Be Included.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Mid-Rise"]
Unit/Building
32
Sq Ft Source
Public Record
Documents
Master Deed, Unit Deed, Rules & Regs (3)
County
Essex
Property Overview
Property Type
Condominium
Listing Type
For Sale
Year Built
1920
Full Bathrooms
1
Living Area
400 sq ft
Total Rooms
2
Stories
1
Entry Level
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
400 sq ft above grade
FeaturesBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
LevelFirst
FeaturesFlooring - Hardwood, Window(s) - Picture, Balcony / Deck, Exterior Access, Recessed Lighting
LevelFirst
Display Options
Outdoor Areas
Patio & porchPorch, Covered
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Range, Refrigerator
Interior Features:
Windows:
Basement:
N
Laundry:
Common Area, In Building
Security:
Construction & Materials
Year Built:
1920
Structure Type:
Mid-Rise
Exterior Materials:
Frame
Roof:
Shingle, Rubber
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Baseboard, Oil
Heating Zones:
1
Cooling:
Window Unit(s)
Hot Water:
Water Source:
Public
Sewer:
Private Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Porch, Covered Patio/Deck, Storage, Professional Landscaping
Patio & Porch:
Porch, Covered
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
1
Parking Features:
Off Street, Assigned
Nearby Schools
School District
Gloucester School District local
C-
Where Graduates Go
Class of 2021
42%
attend college
31%
4-Year
11%
2-Year
17%
Out of State
14%
Working
School Safety
2024-25
1.9%
Average
1.9%
Suspensions
0.5%
In-School
3.6% below state avg
Elementary Schools
3 schools
A
Manchester Memorial Elementary School
2.7 mi
|
#128 of 825
|
Score: 57.7
Dropped 11 spots from last year
-0.5 below state avg
305 students
Less Diverse
Strong Attendance
Grades PK-05
C-
West Parish School
3.1 mi
|
#681 of 825
|
Score: 36.8
Dropped 243 spots from last year
-21.4 below state avg
359 students
Less Diverse
Grades K-05
Brookwood School
4.4 mi
Grades PK-08
Middle Schools
3 schools
A
Manchester Essex Regional Middle School
2.8 mi
|
#57 of 352
|
Score: 55.8
Improved 43 spots from last year
-2.4 below state avg
278 students
Less Diverse
Rising School
Strong Attendance
Grades 06-08
Landmark School - Elementary Middle School
4.2 mi
Grades K-09
C+
Ralph B O'Maley Middle School
4.4 mi
|
#233 of 352
|
Score: 37.6
Improved 29 spots from last year
-20.6 below state avg
594 students
Moderate
Rising School
Grades 06-08
High Schools
2 schools
A+
Manchester Essex Regional High School
2.8 mi
|
#26 of 346
|
Score: 72.1
Improved 7 spots from last year
+13.9 above state avg
373 students
Less Diverse
19 sports
• 932 athletes
Strong AP Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
C+
Gloucester High School
3.3 mi
|
#219 of 346
|
Score: 50.4
Improved 20 spots from last year
-7.8 below state avg
769 students
Moderate
17 sports
• 1,070 athletes
Rising School
Career Tech Programs
Strong Athletics
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$217
Homeowners Insurance
$200
HOA Fee
$292/mo
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
Magnolia
54 Lexington Ave # 32, Gloucester MA 01930
Gloucester, MA 01930
Listing Information
Listing Agent
Kurt Coleman
Listing Office
Coldwell Banker Realty - Brookline
Office Phone
617-731-2447
Agent MLS ID
CN220866
Office MLS ID
AN6199
Listing Data Updated
Sep 17, 2026 7:31 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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