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.
For sale
$299,000
54 Lexington Ave APT 32, Gloucester, MA 01930
0beds
400sqft
Condominium
Built in 1920
-- sqft lot
$297,800 Zestimate®
$748/sqft
$292/mo HOA
What's special
Convenient private parking
- 14 days
- 366
- 12
Zillow last checked:
Listing updated:
Listed by:
Kurt Coleman 617-694-2031,
Coldwell Banker Realty - Brookline 617-731-2447
Source: MLS PIN,MLS#: 73578740
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Flooring - Hardwood, Window(s) - Picture, Balcony / Deck, Exterior Access, Recessed Lighting
- Level: First
Bathroom 1
- Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
- Level: First
Kitchen
- Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Recessed Lighting
- Level: First
Heating
- Baseboard, Oil
Cooling
- Window Unit(s)
Appliances
- Included: Range, Refrigerator
- Laundry: Common Area, In Building
Features
- Has basement: No
- Has fireplace: No
- Common walls with other units/homes: No One Above,Corner
Interior area
- Total structure area: 400
- Total interior livable area: 400 sqft
- Finished area above ground: 400
Property
Parking
- Total spaces: 1
- Parking features: Off Street, Assigned
- Uncovered spaces: 1
Features
- Patio & porch: Porch, Covered
- Exterior features: Porch, Covered Patio/Deck, Storage, Professional Landscaping
- Has view: Yes
- View description: Water, Ocean
- Has water view: Yes
- Water view: Ocean,Water
- Waterfront features: Harbor, Ocean, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Details
- Parcel number: 4617244
- Zoning: R-20
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Frame
- Roof: Shingle,Rubber
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Private Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, Public School
HOA
- Amenities included: Hot Water, Laundry, Storage
- Services included: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
- HOA fee: $292 monthly
Location
- Region: Gloucester
Financial & listing details
- Price per square foot: $748/sqft
- Tax assessed value: $279,100
- Annual tax amount: $2,598
- Date on market: 9/25/2026
Estimated market value
$297,800
$283,000 - $313,000
$1,783/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2026 | Listed for sale | $299,000$748/sqft |
Source: MLS PIN #73578740 Report a problem | ||
| 9/5/2026 | Listing removed | $299,000$748/sqft |
Source: MLS PIN #73544618 Report a problem | ||
| 8/25/2026 | Price change | $299,000-6.3%$748/sqft |
Source: MLS PIN #73544618 Report a problem | ||
| 7/4/2026 | Listed for sale | $319,000-1.5%$798/sqft |
Source: MLS PIN #73544618 Report a problem | ||
| 8/25/2025 | Listing removed | $1,800$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/9/2025 | Listing removed | $324,000$810/sqft |
Source: MLS PIN #73371228 Report a problem | ||
| 8/8/2025 | Listed for rent | $1,800-8.9%$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/29/2025 | Price change | $324,000-1.5%$810/sqft |
Source: MLS PIN #73371228 Report a problem | ||
| 7/2/2025 | Price change | $329,000-2.9%$823/sqft |
Source: MLS PIN #73371228 Report a problem | ||
| 6/24/2025 | Price change | $339,000-3%$848/sqft |
Source: MLS PIN #73371228 Report a problem | ||
| 6/19/2025 | Price change | $349,500-2.1%$874/sqft |
Source: MLS PIN #73371228 Report a problem | ||
| 6/10/2025 | Price change | $357,000-2.7%$893/sqft |
Source: MLS PIN #73371228 Report a problem | ||
| 5/22/2025 | Price change | $367,000-2.1%$918/sqft |
Source: MLS PIN #73371228 Report a problem | ||
| 5/7/2025 | Listed for sale | $375,000+18.3%$938/sqft |
Source: MLS PIN #73371228 Report a problem | ||
| 5/3/2025 | Listing removed | $1,975$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/29/2025 | Listed for rent | $1,975$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/9/2025 | Listing removed | $1,975$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/1/2025 | Price change | $1,975-12.2%$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/27/2025 | Listed for rent | $2,250+18.4%$6/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/13/2024 | Listing removed | $1,900$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/21/2024 | Price change | $1,900-15.6%$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/31/2024 | Listed for rent | $2,250$6/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/30/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/26/2024 | Sold | $317,000+17%$793/sqft |
Source: MLS PIN #73249113 Report a problem | ||
| 6/3/2022 | Sold | $271,000+18.3%$678/sqft |
Source: MLS PIN #72969212 Report a problem | ||
| 7/13/2021 | Sold | $229,000+266.4%$573/sqft |
Source: Public Record Report a problem | ||
| 9/8/2015 | Sold | $62,500-43.4%$156/sqft |
Source: Public Record Report a problem | ||
| 10/24/2013 | Sold | $110,500+35.4%$276/sqft |
Source: Public Record Report a problem | ||
| 6/24/2013 | Sold | $81,600-53.2%$204/sqft |
Source: Public Record Report a problem | ||
| 11/1/2005 | Sold | $174,500$436/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,335 | $240,000 |
| 2024 | $2,335 +3.2% | $240,000 +12.4% |
| 2023 | $2,262 | $213,600 |
| 2022 | $2,262 0% | $213,600 +17.4% |
| 2021 | $2,263 +0.9% | $181,900 |
| 2020 | $2,243 -0.2% | $181,900 +2.7% |
| 2019 | $2,247 +5.9% | $177,100 +8% |
| 2018 | $2,121 +19.6% | $164,000 +22% |
| 2017 | $1,773 +5.3% | $134,400 +8.6% |
| 2016 | $1,684 +1.9% | $123,700 +2.2% |
| 2015 | $1,652 -0.2% | $121,000 -5.2% |
| 2014 | $1,656 -1.5% | $127,600 -4.3% |
| 2013 | $1,682 +1.3% | $133,300 -2.3% |
| 2012 | $1,661 +3.7% | $136,400 -3.7% |
| 2011 | $1,601 +5.5% | $141,600 -2.1% |
| 2010 | $1,518 +2.6% | $144,700 -6.1% |
| 2009 | $1,479 +1.7% | $154,100 -3.6% |
| 2008 | $1,454 +2.1% | $159,800 -3.4% |
| 2007 | $1,424 | $165,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 01930
Nearby schools
Schools provided by the listing agent
- Elementary: West Parish
- Middle: O'maley
- High: Ghs
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







