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$1,180,000
5
Beds
3
Baths
3,393
Living Area
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Property Description
This classic 1920s gambrel offers over 3,300 sq. ft. of living space with five bedrooms and three full baths, set just steps from Magnolia Beach and the village center. While legally a two-family, it lives seamlessly as a single-family home, providing rare flexibility for multi-generational living, rental income, or expanded guest space. Renovations including the primary bedroom and bathroom, and third-floor kitchen and dining space, blend beautifully with original character - hardwood floors, period details, and abundant natural light carry throughout. Outdoor living is equally appealing with porches and enclosed balconies designed to capture fresh ocean air and seasonal views. Sited in the heart of Magnolia, in extremely close proximity to the shoreline, restaurants, and shops, this property provides an exceptional opportunity to enjoy Gloucester’s coveted coastal lifestyle.
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Highlights
- Area: Magnolia
- Has View: Yes
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1920
- Cooling: Ductless
- Heating: Forced Air, Propane, Radiant
- Parking Spots: 2
- Property Type: 2 Family - 2 Units Up/Down
- Total Rooms: 14
- Status: Closed
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Range Hood
- Construction: Frame
- Fireplaces: 1
- Foundation: Granite
- Lot Features: Gentle Sloping
- Roof: Shingle
- Total Number of Units: 2
- Year Built Details: Renovated Since
- Zoning: R20
- Basement: Walk-Out Access, Interior Entry, Unfinished
- Exterior Features: Balcony/Deck, Balcony, Rain Gutters
- Flooring: Wood, Tile, Carpet, Stone/Ceramic Tile
- Interior Features: Pantry, Crown Molding, Stone/Granite/Solid Counters, Bathroom with Shower Stall, Bathroom With Tub & Shower, Ceiling Fan(s), Cathedral/Vaulted Ceilings, Storage, Walk-In Closet(s), Living Room, Dining Room, Kitchen, Laundry Room, Mudroom, Living RM/Dining RM Combo, Loft
- Road Frontage Type: Public
- SqFt Source: Public Record
- View: Scenic View(s)
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation
- Waterfront Features: Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Private Sewer
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Fees / Taxes
- Assessed Value: $969,400
- Taxes: $9,432
- Tax Year: 2025
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Coldwell Banker Realty - Manchester.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
