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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
1
Parking
2
Days on Market
Active Listed Jul 4, 2026 • MLS# 73544618 Copied! • Updated Jul 5, 2026

About this home

Location, Location and Location and value. This charming top floor condo 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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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

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

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
Features Off Street, Assigned
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer, Private Sewer
Gas None
Other For Electric Range
Annual Tax $2,490
Assessed Value $256,200

HOA & Community

HOA Fee $272 Monthly
Fee Includes Heat, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Hot Water, Laundry, Storage
Optional Fee Includes None
Down Payment Resource Eligible
Pets Yes
Seller Disclosures See Offer Instructions Attached To Listing. Allow 24 Hours For Response To Offers Please. Depositlink Is Accepted. Please, No Buyer Letters. Note: Self-managed Building. No Management Company.no Smoking In The Building Or Groundsno Grilling
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 32
Sq Ft Source Public Record
Sq Ft Disclosures This is a cozy studio condo with a bathroom and kitchen.
Documents Master Deed, Unit Deed, Rules & Regs (3)
County Essex
Total market time (incl. prior listings) 1 days

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

Room Details

First Floor

Bathroom1
7 x 5.916666666
Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Kitchen
6.5 x 7.333333333
Flooring - Hardwood, Recessed Lighting, Lighting - Overhead

Other Floor

Bedroom5
Bedroom4
Bedroom3
Dining Room
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom
No

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

Nearby Schools

School information not available for this location.

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.

Location

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Neighborhood

Magnolia

54 Lexington Ave # 32, Gloucester MA 01930

Gloucester, MA 01930

Listing Information

Listing Agent Nancy Peterson
Listing Office J. Barrett & Company
Office Phone 978-922-3683
Agent MLS ID CN230395
Office MLS ID AC2087
Listing Data Updated Jul 5, 2026 3:30 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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