7 Cove Way Gloucester, MA 01930
West Gloucester NeighborhoodEstimated payment $15,792/month
Total Views
1,327
4
Beds
2
Baths
1,480
Sq Ft
$1,753
Price per Sq Ft
Highlights
- Very Popular Property
- Marina
- Accessory Dwelling Unit (ADU)
- Private Waterfront
- Views of a Sound
- Golf Course Community
About This Home
Occupying a prime waterfront site on the Annisquam River, this property has been newly reimagined to create a luxurious year-round compound. Studs-out renovation includes new kitchen and bathrooms, 5BR septic, town water, new wiring and plumbing. The two-level home maximizes its waterfront setting with walls of windows and expansive decks. The main level has a large primary bedroom, laundry, full bath, and kitchen opening to fireplaced living and dining area. The upper level has 3 bedrooms with river views, full bath and deck. Outside, the large lot has landscaped gardens, stone walkways, exclusive tidal dock, tidal beach and storage shed. A large one-bedroom apartment over the garage allows for guests or extra income, and the oversized heated garage has space for multiple cars and/or boat. A rare opportunity to enjoy multi-generational life on the water: set up your beach chair at low tide or float on a raft at high tide in your private cove and watch the river and boats flow by
Open House Schedule
-
Sunday, June 15, 202511:30 am to 1:00 pm6/15/2025 11:30:00 AM +00:006/15/2025 1:00:00 PM +00:00Dear Colleagues, First Open House. Please join me on Sunday. Waterfront year round property on Rust Island. Come and soak up the sun at the edge of the water and see the property as it is now completely renovated and redesigned including all new plumbing, electric, walls, floors, ceilings, paint, kitchen and baths and so much more. Hope to see you there. AmandaAdd to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,694
Year Built
- Built in 1920 | Remodeled
Lot Details
- 0.84 Acre Lot
- Property fronts a marsh
- Private Waterfront
- Property fronts a private road
- Near Conservation Area
- Private Streets
- Street terminates at a dead end
- Landscaped Professionally
- Level Lot
- Garden
- Additional Land
- Property is zoned R10
Parking
- 3 Car Detached Garage
- Parking Storage or Cabinetry
- Side Facing Garage
- Garage Door Opener
- Stone Driveway
- Open Parking
- Off-Street Parking
Property Views
- Views of a Sound
- River
- Scenic Vista
Home Design
- Contemporary Architecture
- Block Foundation
- Frame Construction
- Spray Foam Insulation
- Shingle Roof
Interior Spaces
- 1,480 Sq Ft Home
- Open Floorplan
- Crown Molding
- Beamed Ceilings
- Vaulted Ceiling
- Skylights
- Recessed Lighting
- Decorative Lighting
- Light Fixtures
- Insulated Windows
- Picture Window
- Window Screens
- Sliding Doors
- Insulated Doors
- Living Room with Fireplace
- Combination Dining and Living Room
- Attic Access Panel
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Solid Surface Countertops
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Dual Closets
- Linen Closet
- 2 Full Bathrooms
- Double Vanity
- Bathtub with Shower
- Separate Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- Partial Basement
- Exterior Basement Entry
- Sump Pump
- Block Basement Construction
- Crawl Space
Outdoor Features
- Private Water Access
- Walking Distance to Water
- Mooring
- Balcony
- Deck
- Patio
- Outdoor Storage
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Schools
- West Parish Elementary School
- Omalley Middle School
- GHS High School
Utilities
- Forced Air Heating and Cooling System
- 2 Cooling Zones
- 2 Heating Zones
- Heating System Uses Propane
- 200+ Amp Service
- Water Heater
- Private Sewer
- Internet Available
- Cable TV Available
Additional Features
- Energy-Efficient Thermostat
- Accessory Dwelling Unit (ADU)
Listing and Financial Details
- Tax Block 0016
- Assessor Parcel Number 1905081
Community Details
Overview
- No Home Owners Association
Amenities
- Medical Services
- Shops
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Jogging Path
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,694 | $1,510,200 | $959,400 | $550,800 |
| 2024 | $14,694 | $1,510,200 | $959,400 | $550,800 |
| 2023 | $13,871 | $1,309,800 | $818,700 | $491,100 |
| 2022 | $13,501 | $1,151,000 | $711,000 | $440,000 |
| 2021 | $13,112 | $1,054,000 | $646,400 | $407,600 |
| 2020 | $12,905 | $1,046,600 | $646,400 | $400,200 |
| 2019 | $12,437 | $980,100 | $616,400 | $363,700 |
| 2018 | $12,124 | $937,700 | $601,300 | $336,400 |
| 2017 | $11,817 | $895,900 | $572,800 | $323,100 |
| 2016 | $11,427 | $839,600 | $547,400 | $292,200 |
| 2015 | $11,069 | $810,900 | $535,000 | $275,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/02/2025 06/02/25 | For Sale | $2,595,000 | -- | $1,753 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Deed | -- | -- |
Source: Public Records
Similar Homes in Gloucester, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73383902
APN: GLOU-000232-000016
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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