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Magnolia Condo for Sale

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    $350,000

    • 1 Bed
    • 1 Bath
    • 765 Sq Ft

    2 Ocean Ave Unit 1J, Gloucester, MA 01930

    Coastal Living at Its Best! Located in the beautiful Magnolia Village! This is a first-floor unit rare to find!! It is perfect for downsizers, first-time home buyers, or anyone seeking a coastal getaway. This charming 1-bedroom, 1-bath condo offers a comfortable living space just moments from the ocean. Enjoy the convenience of in-building laundry, assigned parking, and a private patio for

    Gabriela DeBenedicitis Coldwell Banker Realty - Manchester

    2 Ocean Ave Unit 1J, Gloucester, MA 01930

Why Live in Magnolia

Magnolia, a neighborhood in Gloucester, offers a diverse range of housing styles, including ranch-style homes, Cape Cods, New Englander styles, and Colonial Revival-inspired homes, many of which were built between the 1880s and 1980s. These homes often feature muted colors and modest-sized yards with porches and personal gardens. Outdoor attractions in Magnolia include the scenic Gray Beach, also known as Magnolia Beach, and Magnolia Pier, ideal for fishing and enjoying Massachusetts Bay views. Ravenswood Park, a short drive away, provides over 10 miles of shaded gravel trails. The Magnolia Library and Community Center, a community staple since 1886, hosts various events and offers study spaces. History enthusiasts can visit the Hammond Castle Museum, which houses European artifacts. Dining options include GrillFriends Restaurant, known for comfort food, and Magnolia 525 Tavern, offering cocktails and seafood. The Magnolia Community Farmers' Market operates every Sunday from mid-June to mid-September. The neighborhood is pedestrian-friendly, with ample sidewalks connecting the beach to shops on Lexington Avenue. For commuters, the West Gloucester commuter rail station is less than 4 miles away, and major highways like Interstate 95 and U.S. Route 1 are accessible via the Yankee Division Highway. Addison Gilbert Hospital is 5 miles away, and Boston Logan International Airport is 40 miles to the south. Students attend Gloucester Public Schools, which are highly rated and known for their athletic programs.

Home Trends in Magnolia, MA

Housing Trends

Median Sale Price
$695,000
Median Single Family Sale Price
$812,500
Median Townhouse Sale Price
$1,250,000
Median 2 Bedroom Sale Price
$585,000
Median 1 Bedroom Sale Price
$350,000
Average Price Per Sq Ft
$464
Number of Homes for Sale
6
Last 12 months Home Sales
18
Months of Supply
4.00
Median List Price
$704,500
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-16%
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