$299,000
About this home
A little piece of New England history is waiting for you by the cliffs of Cape Ann. Experience a true gem of North Shore living in Gloucester’s famed Magnolia neighborhood. Located on the site of the legendary Grande Dame Oceanside Hotel, this charming and cozy studio brings coastal living right to your doorstep, for just $299K! Step outside to sweeping views of the Atlantic Ocean in one direction and Magnolia’s beloved shops, restaurants, library, and post office in the other. And that’s only the beginning. Nearby beaches include Gray Beach, Black Beach, and Singing Beach, while the scenic Coolidge Reservation and Rafe’s Chasm are just minutes away. A true nature lovers paradise! For the perfect end to the day, stroll down Magnolia Pier and take in a beautiful sunset. Back home, enjoy convenient private parking, dedicated storage for your beach and outdoor gear, and a covered porch, the perfect spot for a relaxing meal or drink. Come see what makes this opportunity so special. Open houses: Saturday, 9/19, from 10:00–11:30 a.m. and Sunday, 9/20, from 11:00 a.m.–12:30 p.m.
Property details
- MLS #
- 73578740
- Property type
- Condominium
- Subdivision
- N/A
- Status
- Active
- Days on market
- 16
- On market date
- September 17, 2026
- Stories
- 1
- Total bathrooms
- 1
- Garage spaces
- N/A
- Parking spaces
- 1
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 298
- Student:teacher ratio
- 8.5:1
- District
- Manchester Essex Regional
- Enrollment
- 283
- Student:teacher ratio
- 10.5:1
- District
- Manchester Essex Regional
- Enrollment
- 450
- Student:teacher ratio
- 10.5:1
- District
- Manchester Essex Regional
Walkability
Blended score for Gloucester's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Gloucester, from live MLS data.
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 13 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.