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$345,000
12 Days On Site

Ocean Terrace Condominiums
2 Ocean Ave 1M
Gloucester, MA 01930

For Sale|Condominium|Active
1
Bed
1
Total Bath
1
Full Bath
765
SqFt
$451
/SqFt
2003
Built
County:
Essex
2 Ocean Ave 1M2 Ocean Ave 1M2 Ocean Ave 1M2 Ocean Ave 1M
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Monthly Payment (Est.)

$1,574
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This turnkey unit is move-in ready with no stairs and single-level living — ideal for buyers seeking an effortless, low-maintenance lifestyle steps from the water. A private, exclusive-use outdoor patio extends your living space into the fresh salt air, perfect for morning coffee or an evening glass of wine with the ocean breeze. Popplestone Beach is just one-third of a mile away, and Magnolia Village — with its shops, casual dining, and year-round charm — is practically in your backyard. Ocean breezes roll through the neighborhood in the warmer months, making outdoor living a daily ritual rather than a weekend trip. Bike-friendly streets connect you to the shoreline, the village, and the quiet, tree-lined roads that define this corner of Cape Ann. Whether you're arriving for summer or staying year-round, this Magnolia condo delivers the coastal lifestyle without the stairs, the projects, or the wait. Ready for occupancy now — just in time for the season. Gloucester, MA.

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Listing Snapshot
Price 
$345,000
Days On Site 
12 Days
Bedrooms 
1
Inside Area (SqFt) 
765 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2003
MLS® Number 
73495153
Status 
Active
Property Tax 
$2,549
HOA/Condo/Coop Fees 
$320 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 days agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Disclosures 
Buyer and Buyer agent to verify all information and do their own due diligence. Room sizes approximate.
Number Of Stories 
1
Parking 
Off StreetAssignedPaved
Parking Spaces 
1
Pets 
No
Property Sub Type 
Condominium
Sewer 
Private Sewer
SqFt Above 
765
SqFt Total 
765
Water Source 
Public
Zoning 
VB
Interior Features
Cooling 
Wall Unit(s)
Flooring 
VinylCarpet
Heating 
Electric
Interior 
Master Downstairs
Bathroom 1 
Dimensions - 6x5Level - FirstArea - 30
Kitchen 
Dimensions - 14x9Level - FirstArea - 126
Living Room 
Dimensions - 20x13Level - FirstArea - 260
Master Bedroom 
Dimensions - 14x11Level - FirstArea - 154
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Exterior Features
Patio And Porch 
Patio
Roof 
Rubber
Waterfront Features 
Ocean Front
Community Features
Association Amenities 
Laundry
Association Dues 
320
Building Access 
Unit Placement(Ground,Walkout)
Community Features 
Golf
HOA Fee Frequency 
Monthly
Listing courtesy of The Bill Butler Group of Leading Edge Real Estate



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, landlords, 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, leasing or renting 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, leasing or renting. 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.

Last checked 2026-04-15 12:50 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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