Ocean Terrace Condominium

2 Ocean Avenue, Unit 2K, MagnoliaGloucester, MA 01930MLS Number 73478156

  • Price: $349,000
  • Est. Mortgage of $/month
  • 20 Days on Market
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Federal 30-year interest rate: 6.0% last updated on Mar 5, 2026
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2 Ocean Avenue Gloucester MA 019302 Ocean Avenue Gloucester MA 019302 Ocean Avenue Gloucester MA 019302 Ocean Avenue Gloucester MA 019302 Ocean Avenue Gloucester MA 019302 Ocean Avenue Gloucester MA 019302 Ocean Avenue Gloucester MA 019302 Ocean Avenue Gloucester MA 019302 Ocean Avenue Gloucester MA 019302 Ocean Avenue Gloucester MA 019302 Ocean Avenue Gloucester MA 019302 Ocean Avenue Gloucester MA 019302 Ocean Avenue Gloucester MA 019302 Ocean Avenue Gloucester MA 019302 Ocean Avenue Gloucester MA 019302 Ocean Avenue Gloucester MA 019302 Ocean Avenue Gloucester MA 019302 Ocean Avenue Gloucester MA 019302 Ocean Avenue Gloucester MA 019302 Ocean Avenue Gloucester MA 019302 Ocean Avenue Gloucester MA 019302 Ocean Avenue Gloucester MA 019302 Ocean Avenue Gloucester MA 019302 Ocean Avenue Gloucester MA 019302 Ocean Avenue Gloucester MA 019302 Ocean Avenue Gloucester MA 01930
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  • 1Bedrooms
  • 1Bathrooms
  • 2003Year Built
  • 765Square Feet

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Coastal living just one block from the beach! This beautifully updated 1-bedroom condo offers 765 sq ft of comfortable, low-maintenance living in an unbeatable location in Magnolia village. Freshly painted throughout, the unit features brand-new waterproof luxury vinyl flooring and a bright, open layout connecting the living, dining, and kitchen areas. The spacious bedroom includes generous closet space, and the private balcony is perfect for morning coffee or enjoying the ocean breeze. With multiple recent sales in the building, demand here is proven - ideal for first-time buyers, downsizers, investors, or anyone seeking a beachside retreat. Move in and start enjoying the coastal lifestyle.
Listed by David Picardy of Real Broker MA,LLC

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More Info

Basic Information

  • Bedrooms1
  • Mls StatusActive
  • Bathroom1
  • Parcel Number M:0169 B:0003 L:0002(K),1901945
  • Unit Number2K

Location

  • NeighborhoodMagnolia
  • SubdivisionMagnolia
  • Address2 Ocean Avenue
  • Building Number2
  • CountyEssex
  • StateMA
  • StreetOcean Avenue
  • TownGloucester
  • Zip01930

Property Information

  • Square Feet765
  • Building Area Source Public Records
  • Living Area 765
  • Lot Size Units Acres
  • Structure Type Garden

Water Body

  • Miles to Beach0.1
  • Waterfront Features Beach Access, Harbor, Ocean,0 to 1/10 Mile To Beach, Beach Ownership(Public)

Tax Information

  • Tax Assessed Value $262,200
  • Tax Year 2025
  • Taxes$2,549

Rooms

  • Bathroom 1 First
  • Bathrooms Total Decimal 1
  • Full Bath1
  • Kitchen First
  • Living Room First
  • Master Bedroom First

Exterior

  • RoofShingle

Utilities

  • Cooling Wall Unit(s)
  • Cooling YN Yes
  • Heat SystemYes
  • Heating Electric
  • Sewer Private Sewer
  • Water Source Public

Amenities

  • Amenities
    • Bike Path
    • Highway Access
    • House of Worship
    • Laundromat
    • Marina
    • Medical Facility
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Walk/Jog Trails
  • Appliances IncludedRange, Dishwasher, Microwave, Refrigerator
  • Association Amenities Laundry
  • Other AmenitiesBeachfront
  • Security Features Intercom

Parking

  • Parking Spaces1
  • Open Parking YN Yes
  • Parking Features Off Street, Assigned, Paved

Basic Information

  • List Price$349,000
  • MLS Number73478156
  • Modification Date03/08/2026
  • Property SubTypeCondominium

Building

  • BasementN
  • Building Area Units Square Feet
  • Construction Materials Frame
  • Entry Level 2
  • Property NameOcean Terrace Condominium
  • Rooms3
  • Stories1
  • Utilities For Electric Range, For Electric Oven
  • Window Features Insulated Windows
  • Year Built2003
  • Year Built Details Actual
  • Year Built Source Public Records

Other

  • Association Fee $327
  • Association Fee Frequency Monthly
  • Association Fee Includes Water, Sewer, Insurance, Maintenance Grounds, Snow Removal
  • Date Listed02/18/2026
  • Farm Land Area Units Square Feet
  • Other Equipment Intercom
  • View Count24

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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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