$883,610Average Value$520Average Price per Sq Ft7Homes 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.
Friends cheer on as you cross the line at the Ravenswood Run.
Everyone dog loves the morning at Gray Beach.
GrillFriends restaurant serves all-day comfort food to hungry Magnolia folks.
Dig in to a cold bowl at the Magnolia Ice Cream Social.
Gloucester High School provides education to teens in the Gloucester community.
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.
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.
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.
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.
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.
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.
GreatSchools:
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Interested in learning more about homes in this area?
Reach out to
Pete Castrichini,
an experienced agent in this neighborhood.
Parks in this Area
Ravenswood Park
Trails
Stage Fort Park
Baseball/Softball
Basketball
Picnic Area
Magnolia Surf Park
Gray Beach
Burke Playground
Rafes Chasm Park
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
On average, homes in Magnolia, Gloucester sell after 36 days on the market compared to the national average of 47 days. The average sale price for homes in Magnolia, Gloucester over the last 12 months is $726,328, down 22% from the average home sale price over the previous 12 months.
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
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-BucciColdwell Banker Realty - Manchester
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
Welcome to this stunning 2-bedroom condo in Gloucester’s coveted Harborview Condominiums, perfectly perched in the heart of Magnolia. Enjoy breathtaking panoramic ocean views from this sun-filled, single-level home featuring brand-new flooring, fresh paint, stylish new lighting, and a gorgeous kitchen with quartz countertops and fire-glazed tile backsplash. The thoughtfully updated interior
Your search stops here. Pack your bags, call Atlas Van Lines. Tastefully and professionally restored 4-bedroom colonial situated on a no outlet private way just a short walk into Magnolia Village. You will love this sun splashed retreat. Sit on the front porch to enjoy the cooling ocean sea breezes. Heading out the front door on the south side commences an invigorating stroll to the Magnolia
A legacy home with water views of the Atlantic Ocean from many windows and the master deck or one of the other decks each with a different unique view. This home boast 3 large bedrooms, two bonus rooms-offices and the primary suite having a private bath hot tub/shower, large walk in closet & deck. You can enjoy entertaining from the large living room with a cozy fire looking off the mahogany deck
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.
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.