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2 Ocean Ave # 1M, Gloucester MA 01930

$324,900

Estimated $2,214/month Calculator

Condo

1 Bedrooms

Baths

765

Total Parking: 1

Built in 2003

This freshly painted 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. Two iconic Cape Ann beaches 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.

This home has been viewed 5 times

Last Checked: June 24th, 2026 at 5:48am (Source: MLS PIN #73495153)

Air Conditioning

Waterview

Lead Paint Free

General Information for 2 Ocean Ave # 1M, Gloucester MA 01930

Listing ID73495153

Property TypeCondominium

Price324900 ($424.71/SqFt)

Building Style2/3 Family

CityGloucester

CountyEssex

Neighborhood(s)Ipswich

Total Parking1

Unit Level1

Levels in Unit1

Year Built2003

Year Built SourcePublic Records

Year Built DetailsActual

Building Construction StatusReady for Occupancy

ZoningVB

Unit Features for 2 Ocean Ave # 1M, Gloucester MA 01930

Approximate Living Area Total765

Living Area Includes BasementNo

Rooms3

Bedrooms1

Primary En Suite BathroomYes

BasementFull

Cooling1, Split

Laundry

Fireplaces

Outdoor Space

FlooringTile

Electric

Appliances

Condo Association Features for 2 Ocean Ave # 1M, Gloucester MA 01930

Complex NameOcean Terrace Condominiums

Pet PolicyNot Allowed

Building ManagementDeveloper Advisory Board

Building Construction StatusReady for Occupancy

Number of Units42

Units Owner Occupied34

Year Built2003

Year Built DetailsActual

Year Built SourcePublic Records

WaterPublic

SewerPrivate Sewer

Parking Features1

Building AmenitiesBeach Rights

Disclosures for 2 Ocean Ave # 1M, Gloucester MA 01930

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceField Card

Special Listing Conditions

ExclusionsPersonal Property

Title 5F

Owner Occupancy SourceMgmt Co.

Compensation Based On

Documents AvailablePerc Test

Financial Information for 2 Ocean Ave # 1M, Gloucester MA 01930

Association Fee

Optional Fee0

Association Fee IncludesLandscaping

Optional Fee Includes

Association Fee FrequencyMonthly

Assessed Value$262,200

Real Estate Tax2549

Tax Year2025

Location Information for 2 Ocean Ave # 1M, Gloucester MA 01930

Neighborhood(s)Ipswich

Area AmenitiesWalk/jog Trails

Contact Information for 2 Ocean Ave # 1M, Gloucester MA 01930

Agent

Name: The Bill Butler Group

Office

Name: Leading Edge Real Estate

Phone: 781-979-0100

Payment Calculator

, Interest

Property Taxes 212.42

Principal & Interest 2001.93

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Leading Edge Real Estate

The Bill Butler Group

Agent Phone

Office Phone

(781) 979-0100

Text Agent Call Agent Call Office

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EXIT

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