
54 Lexington Ave #32 Gloucester — Photo 1 of 27
$319,000
Gloucester, MA 01930 — Magnolia
Beds
--
Baths
1
SqFt
400
Style
Condominium
Built
1920
Location, Location and Location and value. This charming top floor condo offers an incredible opportunity to own in the picturesque, seaside village of Magnolia for $319,000. A short distance to Magnolia Beach, Magnolia Pier and Coolidge Reservation, this home delivers the coastal lifestyle you've been looking for. Inside you'll find hardwood floors, a spacious kitchen with granite countertops, and an efficient inviting layout. Step outside to your expansive private deck and enjoy beautiful ocean views, the perfect place to relax or entertain. Additional amenities include in-building laundry, a deeded parking space, and heat and hot water included in the condo fee. On the site of Magnolia’s legendary Oceanside Hotel, this appealing pied-à-terre is ideal as a year-round residence, extra room for guests, quick weekend-vacation getaway, or an income producing investment property. Truly a rare opportunity for savvy buyers.
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Gloucester, MA.
Range • Refrigerator
Public Transportation • Shopping • Park • Walk/Jog Trails • Stable(s) • Golf
6.5 x 7.333333333
Flooring - Hardwood, Recessed Lighting, Lighting - Overhead
7 x 5.916666666
Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Jul 4, 2026
MLS® 73544618
Sep 2, 2025
MLS® 73371228
May 7, 2025
MLS® 73371228
30,075
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
$84K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
36.0%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Nancy Peterson
Listing Office: J. Barrett & Company
MLS® Number: 73544618
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