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54 Lexington Ave # 32, Gloucester MA 01930

Gloucester, MA 01930 • Magnolia
$319,000
Est. $2,293/month
1
Beds
1
Baths
400
Sq Ft
$798
Price/Sq Ft
1920
Year Built
2 hours 2 minutes
Time on Market
Active Listed Jul 4, 2026 • MLS# 73544618 Copied!

About this home

Location, Location and Location and value. This charming top floor offers an incredible opportunity to own in the picturesque, seaside village of Magnolia for $319,000. A short distance to Magnolia Beach, Magnolia Pier and Coolidge Reservation, this home delivers the coastal lifestyle you've been looking for. Inside you'll find hardwood floors, a spacious kitchen with granite countertops, and an efficient inviting layout. Step outside to your expansive private deck and enjoy beautiful ocean views, the perfect place to relax or entertain. Additional amenities include in-building laundry, a deeded parking space, and heat and hot water included in the condo fee. On the site of Magnolia’s legendary Oceanside Hotel, this appealing pied-à-terre is ideal as a year-round residence, extra room for guests, quick weekend-vacation getaway, or an income producing investment property. Truly a rare opportunity for savvy buyers.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1920
Bedrooms
1
Full Bathrooms
1
Living Area
400 sq ft
Total Rooms
3
Stories
1
Entry Level
3

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1920
Living Area 400 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Baseboard, Oil
Cooling None
Flooring Wood, Tile, Flooring - Hardwood
Appliances Range, Refrigerator
Fireplace None
Basement Y
Laundry Common Area, In Building
Features Dining Area, Breakfast Bar / Nook, Recessed Lighting, Lighting - Overhead, Living/dining Rm Combo

Exterior

Construction Frame
Architecture None
Roof None
Features Balcony - Exterior, Deck - Wood
Pool None
Spa None
Fencing None
Patio/Porch Deck - Wood

Parking

Features Off Street, Assigned
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer, Private Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $2,490
Assessed Value $256,200

Interior Features

Flooring: Wood, Tile, Flooring - Hardwood
Appliances: Range, Refrigerator
Interior Features: Dining Area, Breakfast Bar / Nook, Recessed Lighting, Lighting - Overhead, Living/Dining Rm Combo
Windows:
Basement: Y
Laundry: Common Area, In Building
Security:

Construction & Materials

Year Built: 1920
Structure Type: Mid-Rise
Exterior Materials: Frame
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Oil
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer, Private Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony - Exterior, Deck - Wood
Patio & Porch: Deck - Wood
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned

Location

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Neighborhood

Magnolia

54 Lexington Ave # 32, Gloucester MA 01930

Gloucester, MA 01930

Walkability

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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
E

Elementary Schools

6 schools
Faith Christian School
4.4 mi
Grades PK-08
C-
West Parish School
3.1 mi | #683 of 824 | Score: 36.5
Dropped 245 spots from last year
-21.7 below state avg
382 students Less Diverse
Grades K-05
C
East Veterans Elementary School
4.5 mi | #651 of 824 | Score: 38.2
Dropped 58 spots from last year
-20 below state avg
451 students Diverse
Grades K-05
Gloucester PreSchool
4.7 mi
101 students Moderate
Grades PK
C-
Beeman Memorial School
4.8 mi | #701 of 824 | Score: 35.6
Dropped 172 spots from last year
-22.6 below state avg
292 students Diverse
Grades K-05
B+
Plum Cove School
7.4 mi | #322 of 824 | Score: 50.1
Improved 68 spots from last year
-8.1 below state avg
217 students Less Diverse
Rising School
Grades K-05
M

Middle Schools

1 school
C+
Ralph B O'Maley Middle School
4.4 mi | #238 of 352 | Score: 37.3
Improved 24 spots from last year
-20.9 below state avg
619 students Moderate
Rising School
Grades 06-08
H

High Schools

1 school
C+
Gloucester High School
3.3 mi | #212 of 346 | Score: 50.4
Improved 27 spots from last year
-7.8 below state avg
776 students Moderate
17 sports • 1,070 athletes
Rising School Career Tech Programs Strong Athletics
Grades 09-12
Learn about these ratings

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 $208
Homeowners Insurance $200
HOA Fee $272/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

Interest
Principal
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.

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Recently Sold Nearby

Property History

Market Insights

28.2%
Price Range
3
Previous Sales

Property Timeline

🏠
Listed for Sale
Jul 4, 2026
$319,000
Original listing
Agent: Nancy Peterson Office: J. Barrett & Company
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

Price & Status History

Date Event Price Change
Jul 4, 2026 New Listing Added $319,000
Jul 26, 2024 Sold $317,000
Jun 3, 2022 Sold $271,000
Jul 13, 2021 Sold $229,000

Market Statistics

Time on Market
2 hours 2 minutes
Price per Sq Ft
$798

Tax History

Year Taxes Assessment
2025 $2,490 $256,200

Financial Details

Annual Property Tax
$2,490
Tax Year 2025
HOA Fee
$272
Monthly
Assessed Value
$256,200

Listing Information

Listing Agent Nancy Peterson
Listing Office J. Barrett & Company
Agent MLS ID CN230395
Office MLS ID AC2087
Listing Data Updated Jul 4, 2026 11:16 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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