$345,000 ($450.98 per sqft)

Est. Mortgage $1,699/mo *

Quick Pre-Approval

Open House Schedule

04/11/2026
11:00 AM to 12:30 PM
Google calendar
Other calendars


2 Ocean Ave, #1M, Gloucester, MA, 01930

2 Ocean Ave, #1M, Gloucester, MA, 01930

3 rooms

1 beds

1 Full baths

2003

765 sqft

This turnkey unit is move-in ready with no stairs and single-level living — ideal for buyers seeking an effortless, low-maintenance lifestyle steps from the water. A private, exclusive-use outdoor patio extends your living space into the fresh salt air, perfect for morning coffee or an evening glass of wine with the ocean breeze. Popplestone Beach is just one-third of a mile away, and Magnolia Village — with its shops, casual dining, and year-round charm — is practically in your backyard. Ocean breezes roll through the neighborhood in the warmer months, making outdoor living a daily ritual rather than a weekend trip. Bike-friendly streets connect you to the shoreline, the village, and the quiet, tree-lined roads that define this corner of Cape Ann. Whether you're arriving for summer or staying year-round, this Magnolia condo delivers the coastal lifestyle without the stairs, the projects, or the wait. Ready for occupancy now — just in time for the season. Gloucester, MA.


Status:

Active

Type:

Condo

Units:

42

Zoning:

VB

Complex:

Ocean Terrace Condominiums

Heating:

Electric

Cooling:

Wall Unit(s)

Basement:

N

Levels:

1

Parking:

1-car, Off Street, Assigned, Paved

Common Charge:

$320 Monthly

Est. Taxes:

$2,549

Assessment

$262,200

HOA Fee

$320

Utilities

for Electric Range, for Electric Oven

Amenities:

Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility, Highway Access, House of Worship, Marina, Public School, T-Station

Pet Policy:

No

MLS #:

73495153


Community Info

School Info

Walk Score

Mass Transit

Yelp


Listing courtesy of The Bill Butler Group, Leading Edge Real Estate