54 Lexington Ave #32
$299,000
1
Bath
400
Sqft
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$299,000
1
Bath
400
Living Area
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Property Description
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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Highlights
- Area: Magnolia
- Cooling: Window Unit(s)
- HOA Fee: $292
- Property Class: Residential
- Stories: 1
- Unit Number: 32
- Status: Active
- Building Name: Ocean Breeze Condominiums
- Heating: Baseboard, Oil
- Parking Spots: 1
- Property Type: Condominium
- Total Rooms: 2
- Year Built: 1920
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Pets Allowed: Yes w/ Restrictions
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R-20
- Basement: N
- Exterior Features: Porch, Covered Patio/Deck, Storage, Professional Landscaping
- Roof: Shingle, Rubber
- Total Number of Units: 11
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, Public School
- Waterfront Features: Harbor, Ocean, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
- Parking Features: Off Street, Assigned
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Utilities
- Sewer: Private Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $279,100
- HOA Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
- Taxes: $2,598
- HOA Fee Frequency: Monthly
- Tax Year: 2026
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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 - Brookline.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.