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Magnolia

Magnolia

Neighborhood in Gloucester, Massachusetts

Essex County 01930

$883,610 Average Value
$520 Average Price per Sq Ft
7 Homes For Sale

A small coastal village on the southern end of Cape Ann

The small village of Magnolia sits along the southern end of Cape Ann, offering a coastal neighborhood, suburban homes and a street lined with shops and restaurants. The area has a long history, starting as one of the wealthier neighborhoods in the region with larger homes and a public library. Over the years, homes have been changed and remodeled, but the access to nature, including beaches and wooded trails, remains the same. The neighborhood is also close to the Manchester-by-the-Sea and Gloucester communities for additional dining and shopping options. “It really feels like its own village,” says Rick Marshall, a vice president at J Barret & Company and lifetime resident of the Gloucester area. “Everything is located in such a small area.”

Cape Cods in Magnolia sit on tree filled lots.
Cape Cods in Magnolia sit on tree filled lots.
Friends cheer on as you cross the line at the Ravenswood Run.
Friends cheer on as you cross the line at the Ravenswood Run.
Everyone dog loves the morning at Gray Beach.
Everyone dog loves the morning at Gray Beach.
GrillFriends restaurant serves all-day comfort food to hungry Magnolia folks.
GrillFriends restaurant serves all-day comfort food to hungry Magnolia folks.
Dig in to a cold bowl at the Magnolia Ice Cream Social.
Dig in to a cold bowl at the Magnolia Ice Cream Social.
Gloucester High School provides education to teens in the Gloucester community.
Gloucester High School provides education to teens in the Gloucester community.
O'Maley Middle is a public school located in Gloucester.
O'Maley Middle is a public school located in Gloucester.
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Cape Ann Cape Cods and New Englanders

Magnolia's housing variety is a big draw to the area. Common options include smaller ranch-style homes, Cape Cods, larger New Englander styles and Colonial Revival-inspired homes. Many were constructed between the 1880s and 1980s and are often painted in more muted and clean colors. Homes typically have modest- sized yards where porches and personal gardens are common. “At the turn of the century, it is where a lot of rich people moved to, but since then, many of the older homes have been renovated or been turned into something else,” Marshall says. Prices in the village can range between $550,000 and over $1 million, with homes closer to the water costing more on average.

Magnolia magnificent waterfront residences can reach way over a million dollars.
Magnolia magnificent waterfront residences can reach way over a million dollars.
Cape Cods in Magnolia sit on tree filled lots.
Cape Cods in Magnolia sit on tree filled lots.
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Magnolia Beach and Ravenswood Park

Outdoor fun can be found on the trails and the water in Magnolia. The village is home to several rocky outcroppings, where residents can enjoy the Massachusetts Bay views. Residents can head to the western end of the community to cast a line off Magnolia Pier or put their toes in the sand at the scenic Gray Beach, commonly known as Magnolia Beach. Ravenswood Park is just a short drive away, with over 10 miles of shaded gravel trails that gently curve around the hills that make up the park. The Magnolia Library and Community Center has been around since 1886, hosting weekly and annual events as well as providing a space for study and learning. “If you live in Magnolia, you will end up visiting the library,” Marshall says. “It’s a staple of the community.” History buffs can also stop by the Hammond Castle Museum, built by John Hays Hammond to house numerous European artifacts. The museum itself is constructed uniquely with architectural elements he selected and cobbled together.

Friends cheer on as you cross the line at the Ravenswood Run.
Friends cheer on as you cross the line at the Ravenswood Run.
Everyone enjoys carefree mornings at Gray Beach in Magnolia.
Everyone enjoys carefree mornings at Gray Beach in Magnolia.
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Shopping and dining along Lexington Avenue

There are several dining and shopping options in Magnolia. GrillFriends Restaurant is one of the centrally located restaurants known for its comfort food, like eggs benedict, breakfast bowls and daily lunch and dinner specials. The Magnolia 525 Tavern serves cocktails and seafood options in a low-light setting. They also host private events throughout the year and ladies' night every Thursday. Crosby's Marketplace is a shopping option less than 4 miles away in downtown Manchester-by-the-Sea. Residents can also stop by The Magnolia Community Farmers' Market every Sunday morning from mid-June to mid-September.

GrillFriends restaurant serves all-day comfort food to hungry Magnolia folks.
GrillFriends restaurant serves all-day comfort food to hungry Magnolia folks.
Magnolia shoppers head to Manchester By The Sea to get their groceries from Crosby's.
Magnolia shoppers head to Manchester By The Sea to get their groceries from Crosby's.
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Magnolia and Gloucester festivals

In December, the Magnolia Library and Community Center sponsors the annual Christmas tree lighting and Santa visit. Santa rides through the village on a fire truck before arriving at the library and receiving letters from community children. Families come together once again in January in downtown Gloucester for Gloucester's So Salty event, sponsored by the Cape Ann Museum. During this two-day event, the downtown area is filled with custom-made ice sculptures representing the city’s core values, alongside multiple live music events.

Dig in to a cold bowl at the Magnolia Ice Cream Social.
Dig in to a cold bowl at the Magnolia Ice Cream Social.
Visit the draw bridge at Renaissance Faire Day at Hammond Castle near Magnolia.
Visit the draw bridge at Renaissance Faire Day at Hammond Castle near Magnolia.
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Athletic programs at Gloucester High School

Students in Magnolia are served by Gloucester Public Schools and can start their education at West Parish Elementary School, which receives a B-minus rating on Niche. Ralph B. O’Maley Middle School also earns a B-minus. Students can then head to the B-rated Gloucester High School, known for its athletic programs. Many home games take place in the school’s state-of-the-art New Balance Stadium.

Gloucester High School provides education to teens in the Gloucester community.
Gloucester High School provides education to teens in the Gloucester community.
O'Maley Middle is a public school located in Gloucester.
O'Maley Middle is a public school located in Gloucester.
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Coastal roads and Gloucester public transportation

Due to the village’s small size and isolated location, Magnolia has a mix of pedestrian and car traffic. Normand Avenue takes residents to the heart of Gloucester in less than 10 minutes. The ample sidewalk space in the downtown area also allows residents to walk from the beach to the shops on Lexington Avenue or stroll along Shore Road and enjoy the views. Commuters often take the Yankee Division Highway to the north. This major road connects to larger highways in Massachusetts, like Interstate 95 and U.S. Route 1. Those who use public transportation can take the train at the West Gloucester commuter rail station, less than 4 miles from the community. Addison Gilbert Hospital is 5 miles from the community in Gloucester, and Boston Logan International Airport is 40 miles away to the south.

Braxton Puentes
Written By
Braxton Puentes
Amanda Beattie
Photography Contributed By
Amanda Beattie
Tony Simonetti
Video By
Tony Simonetti

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Pete Castrichini, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

General Edward Lawrence Logan International

50 min drive

Bus

Lexington Ave & Flume Rd

Bus

Western Ave & Magnolia Ave

Bus

Magnolia Square

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$737,500
Median Single Family Price
$831,250
Median 2 Bedroom Price
$660,000
Median 1 Bedroom Price
$899,000
Average Price Per Sq Ft
$520
Number of Homes for Sale
7
Last 12 months Home Sales
16
Months of Supply
5.30
Median List Price
$789,000
Median Discount From 1st List Price
1%
Median Home Sale Price YoY Change
21%

Home Facts

Number of Homes in Neighborhood
711
Median Year Built
1966
Avg. Single Family Home Size Sq Ft
2,060
Above the national average
1,936
Average Townhouse Size Sq Ft
2,974
Average 2 Bedroom Size Sq Ft
1,337
Average 1 Bedroom Size Sq Ft
713
Median Lot Size Sq Ft
12,196

Open Houses

  • Sunday, May 4
    12 - 2pm

    6 Saint Peters Ln, Gloucester, MA 01930

    $849,000

    • 3 Beds
    • 3 Baths
    • 2,020 Sq Ft
    • 6 Saint Peters Ln
    • New 3 days ago

    Magnolia ~ This home has been loved and cared for by the original owners since it was built in 1973! Situated on a cul-de-sac, this spacious 2000+sf home sits on a gorgeous manicured lot and is ready to start a new chapter! The first floor offers a sun lit living room, dining room, eat-in-kitchen with deck access, a full bath, and an office or main level bedroom if one wanted. Upstairs offers 3

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  • Saturday, May 3
    11am - 12:30pm

    204 Hesperus Ave Unit 3, Gloucester, MA 01930

    $699,000

    • 2 Beds
    • 2 Baths
    • 1,450 Sq Ft
    • 204 Hesperus Ave
    • Unit 3
    • New 7 days ago

    Imagine sitting on your private and exclusive deck while watching the amazing sunrise and enjoying your view of Eastern Point Lighthouse. Within a few blocks you have access to beautiful Magnolia beach, restaurants, coffee shops, a post office and many more amenities.This move in ready, light-filled remodeled condo with 2 exclusive decks, newly refinished hardwood floors, designer kitchen with

    Hope Watt-Bucci Coldwell Banker Realty - Manchester

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  • Saturday, May 3
    2 - 3pm

    2 Ocean Ave Unit 3H, Gloucester, MA 01930

    $379,900

    • 2 Beds
    • 1 Bath
    • 870 Sq Ft
    • 2 Ocean Ave
    • Unit 3H
    • New 8 days ago

    Great opportunity to own a newly renovated 2-bedroom, 1-bathroom unit in the heart of Gloucester. Freshly painted with new flooring, updated bathroom vanity, and granite countertops, this home is move-in ready. Enjoy the spacious bedrooms bathed in natural light and featuring new wall-to-wall carpeting. Whether you're seeking a comfortable home or a promising investment opportunity, this unit

    Candor Realty Group Four Points Real Estate, LLC

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Distribution of Home Values

Source: Public Records

Homes for Sale

Interested in learning more about homes in this area? Reach out to Pete Castrichini, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
1,951
Median Age
54
Population under 18
15.7%
Below the national average
23.8%
Population over 65
32.3%
Above the national average
19.1%

Finances

Median Household Income
$99,299
Significantly above the national average
$71,702
Average Household Income
$135,191

Education and Workforce

High School Graduates
96%
College Graduates
47.1%
Above the national average
34.1%
Advanced Degrees
21%
Above the national average
13.3%
% Population in Labor Force
59.1%

Weather

Annual Precipitation
48''
Average Winter Low Temperature
17°F
Average Summer High Temperature
80°F
Annual Snowfall
26''

Area Factors

Somewhat Bikeable

Bike Score®

16 / 100

Car-Dependent

Walk Score®

19 / 100

Minimal Transit

Transit Score®

24 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Reviews

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Magnolia
Pete Castrichini
Barry Realty Group
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