Welcome to The Captain’s Quarters, an elevated space inspired by Gloucester’s maritime legacy. This seaside escape is a beautifully renovated two-bedroom, one-bath, and a fully equipped kitchen. This penthouse retreat is nestled in the heart of East Gloucester and the coveted Rocky Neck art colony, offering sweeping views of Smith Cove and its vibrant boating scene. Step inside and discover a sunlit, top-floor getaway where coastal charm meets modern comfort. The spacious living area opens to a large private deck, perfect for dining al fresco, relaxing with a glass of your favorite beverage, or watching the boats drift by. Located in close proximity to Niles Beach, Good Harbor Beach, Pavilion Beach, and Rocky Neck’s galleries, shops, and restaurants, this home is a dream for artists, adventurers, and those seeking a peaceful harbor retreat. Pet-friendly, Free street parking + nearby city parking lot. Also just minutes from downtown Gloucester and all the magic Cape Ann has to offer.
Sale Statistics
Sale Overview
Original List Price:$529,900
Final Sale Price:$483,000
Difference:
$46,900 (-8.9%)
Performance Metrics
91.1%
List to Sale Ratio
Sold below asking price
58
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:$634
Sale $/sq ft:$578
This property sold for $578 per square foot
Sale Summary
This property sold for 8.9% below the original asking price.
The property spent 58 days on market before selling.
Waterfront, Navigable Water, Sound, Harbor, Dock/Mooring, Marina, Beach Access, Harbor, Ocean, Walk to, Other (See Remarks), 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Waterfront Property
Yes
Lot & Land
Parking & Garage
Has Garage
No
Utilities & Systems
Utilities Available
for Gas Range, for Electric Dryer
Water Source
Public
Sewer
Public Sewer, Holding Tank
Community & HOA
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station
HOA Fee
$373
HOA Fee Frequency
Monthly
Association Amenities
Hot Water
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$4,051
Tax Year
2025
Tax Assessed Value
$416,800
Parcel Number
M:0080 B:0035 L:0003,4657085
Zoning
Residentia
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Building Name
Smith Cove Condominium
Attached Property
Yes
Disclosures
The roof was replaced in 2018The heating system was replaced in 2019, The water heater was replaced in 2023. Property is in a flood zone.Building has a holding tank that pumps up to city sewer at street level, residents or property owners are eligible for a 1 year Beach Parking Sticker $20. NO PARKING
Exclusions
Seller's Personal Belongings Including Art Work And Hallway Mirror.
