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54 Lexington Ave 32Gloucester, MA 01930

For Sale

$298,500

Smart Buyer Rebate - Ask

***Seller Now Offering $7,000 towards a 2-1 buydown and/or buyer closing costs*** 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 at an amazing value! 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 special.

Listed by Kurt Coleman

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Coldwell Banker Realty - Brookline

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6176942031

Last updated October 30, 2026

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Source: MLSPin #73578740

Listing Facts

  • TypeCondo
  • NeighborhoodMagnolia
  • Bathrooms1
  • Days on Prevu44
  • HOA/Maint. Fees$292/month
  • Taxes$2,598.42/year
  • Size400 sqft
  • Price per sqft$746

Amenities

  • Private Outdoor Space
  • Pets Allowed
  • Parking
  • Storage

Location

Mortgage Calculator

Listing History

10/31/2026
Price Decreased
$298,500
09/17/2026
Listed by Coldwell Banker Realty - Brookline
$299,000
  1. 10/31/2026$298,500
    Price Decreased
  2. 09/17/2026$299,000
    Listed by Coldwell Banker Realty - Brookline

Property Details for 54 Lexington Ave 32

Association

Amenities

  • Association Amenities: Hot Water, Laundry, Storage
  • Community Features: Park
  • Pets Allowed: Yes

Fees

  • Association Fee: $292.00 Monthly
  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Exterior

Construction

  • Number Of Units Total: 11
  • Property Attached: Yes
  • Roof: Shingle, Rubber
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1920
  • Year Built Details: Approximate
  • Building Name: Ocean Breeze Condominiums
  • Common Walls: No One Above
  • Construction Materials: Frame
  • Entry Level: 3
  • Exterior Features: Storage

Features

  • Other Structures: Storage
  • Patio And Porch Features: Porch, Covered, Patio, Deck
  • View: Ocean, Water
  • Waterfront Features: Ocean Front

Measurements

  • Building Area Total: 400
  • Building Area Units: Square Feet
  • Frontage Type: Bay/Harbor
  • Lot Features: Landscaped
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 4571198
  • Tax Annual Amount: $2,598.42
  • Tax Assessed Value: $279,100.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Range, Refrigerator
  • Interior Features: Master Downstairs

Measurements

  • Living Area: 400
  • Living Area Source: Public Records

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Rooms Total: 2

Parking

Parking

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

Schools

Elementary School

  • Elementary School: West Parish

High School

  • High School: Ghs

Middle or Junior School

  • Middle Or Junior School: O'maley

Utilities

Equipment

  • Cooling: Window Unit(s)
  • Has Cooling: Yes
  • Heating: Baseboard, Oil
  • Has Heating: Yes
  • Laundry Features: Common Area
  • Sewer: Private Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There is bedrooms and 1 bathroom in this condo at 54 Lexington Ave 32.

What schools are nearby to 54 Lexington Ave 32?

Nearby schools include the West Parish Elementary School, O'maley Middle School, and Ghs High School.

Does this condo have parking?

Yes, there is 1 parking space available for 54 Lexington Ave 32.

Are pets allowed at 54 Lexington Ave?

Yes, 54 Lexington Ave allows pets.

What are the annual taxes for 54 Lexington Ave 32?

Annual taxes for this condo are estimated at $2,598.

How does 54 Lexington Ave 32 compare to other condos in Magnolia?

This condo is listed 12% below the average price for condos in Magnolia and has been on the market for 40 less days than the typical home in this area.

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

This condo is in the Ocean Breeze Condominiums building.

What is the square footage on this condo?

According to the MLS, this listing is 400 sqft.

54 Lexington Ave 32 is a -bedroom, 1-bath condo for sale in Gloucester MA 01930. On Prevu for 44 days at $298,500. This includes a recent price decrease of $500. This home features 400 square feet of living space, located in Magnolia. The median listing price for condos in this area is $1,034,000. Nearby schools include West Parish Elementary School, O'maley Middle School, and Ghs High School. The home offers private outdoor space, pets allowed, storage, 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.