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2 Ocean Ave 1M, Gloucester MA 01930
2 Ocean Ave 1M, Gloucester MA 01930
2 Ocean Ave 1M, Gloucester MA 01930
2 Ocean Ave 1M, Gloucester MA 01930
2 Ocean Ave 1M, Gloucester MA 01930
2 Ocean Ave 1M, Gloucester MA 01930
2 Ocean Ave 1M, Gloucester MA 01930
2 Ocean Ave 1M, Gloucester MA 01930
2 Ocean Ave 1M, Gloucester MA 01930
2 Ocean Ave 1M, Gloucester MA 01930
2 Ocean Ave 1M, Gloucester MA 01930
2 Ocean Ave 1M, Gloucester MA 01930
2 Ocean Ave 1M, Gloucester MA 01930
2 Ocean Ave 1M, Gloucester MA 01930
2 Ocean Ave 1M, Gloucester MA 01930
2 Ocean Ave 1M, Gloucester MA 01930
2 Ocean Ave 1M, Gloucester MA 01930
2 Ocean Ave 1M, Gloucester MA 01930
Massachusetts>Gloucester>Magnolia

2 Ocean Ave 1MGloucester, MA 01930

For Sale

$339,900

Smart Buyer Rebate - Ask

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.

Listed by The Bill Butler Group

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Leading Edge Real Estate

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617-771-9376

Last updated April 20, 2026

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Source: MLSPin #73495153

Listing Facts

  • TypeCondo
  • NeighborhoodMagnolia
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu29
  • HOA/Maint. Fees$320/month
  • Taxes$2,549/year
  • Size765 sqft
  • Price per sqft$444

Amenities

  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

04/16/2026
Price Decreased
$339,900
04/02/2026
Listed by Leading Edge Real Estate
$345,000

Property Details for 2 Ocean Ave 1M

Association

Amenities

  • Association Amenities: Laundry
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility, Highway Access, House Of Worship, Marina, Public School, T-Station
  • Pets Allowed: No

Fees

  • Association Fee: $320.00 Monthly
  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Exterior

Construction

  • Number Of Units Total: 42
  • Roof: Rubber
  • Stories: 1
  • Stories Total: 1
  • Structure Type: Garden
  • Year Built: 2003
  • Year Built Details: Actual
  • Building Name: Ocean Terrace Condominiums
  • Entry Level: 1
  • Entry Location: Unit Placement(Ground,Walkout)
  • Exterior Features: Patio

Features

  • Patio And Porch Features: Patio
  • Waterfront Features: Ocean, Walk To, 1/10 To 3/10 To Beach, Beach Ownership(Private, Public)

Measurements

  • Building Area Total: 765
  • Building Area Units: Square Feet
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 1901952
  • Tax Annual Amount: $2,549.00
  • Tax Assessed Value: $262,200.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Vinyl, Carpet

Measurements

  • Living Area: 765
  • Living Area Source: Field Card

Rooms

  • Basement: N
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1
  • Rooms Total: 3

Other

Location

  • Tax Block: 0003
  • Tax Lot: 0001M

Parking

Parking

  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Off Street, Assigned, Paved
  • Parking Total: 1

Utilities

Equipment

  • Cooling: Wall Unit(s)
  • Has Cooling: Yes
  • Heating: Electric
  • Has Heating: Yes
  • Sewer: Private Sewer
  • Utilities: For Electric Range, For Electric Oven
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There is 1 bedroom and 1 bathroom in this condo at 2 Ocean Ave 1M.

Does this condo have parking?

Yes, there is 1 parking space available for 2 Ocean Ave 1M.

What are the annual taxes for 2 Ocean Ave 1M?

Annual taxes for this condo are estimated at $2,549.

What building or home owners association is the condo part of?

This condo is in the Ocean Terrace Condominiums building.

What is the square footage on this condo?

According to the MLS, this listing is 765 sqft.

2 Ocean Ave 1M is a 1-bedroom, 1-bath condo for sale in Gloucester MA 01930. On Prevu for 29 days at $339,900. This includes a recent price decrease of $5,100. This home features 765 square feet of living space, located in Gloucester. The median listing price for condos in this area is $1,599,000. Property amenities include private outdoor space and parking. Browse more condo listings in Gloucester.

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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.