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7 Cove WayGloucester, MA 01930

For Sale

$2,595,000

Smart Buyer Rebate $12,975

Occupying a prime waterfront site on the Annisquam River, this property has been newly reimagined to create a luxurious year-round compound. Studs-out renovation includes new kitchen and bathrooms, 5BR septic, town water, new wiring and plumbing. The two-level home maximizes its waterfront setting with walls of windows and expansive decks. The main level has a large primary bedroom, laundry, full bath, and kitchen opening to fireplaced living and dining area. The upper level has 3 bedrooms with river views, full bath and deck. Outside, the large lot has landscaped gardens, stone walkways, exclusive tidal dock, tidal beach and storage shed. A large one-bedroom apartment over the garage allows for guests or extra income, and the oversized heated garage has space for multiple cars and/or boat. A rare opportunity to enjoy multi-generational life on the water: set up your beach chair at low tide or float on a raft at high tide in your private cove and watch the river and boats flow by

Listed by Amanda Armstrong

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Compass

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978-879-6322

Listed by Amanda Armstrong Group

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Compass

Listed by Carling Berglund

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Compass

Last updated September 01, 2025

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Source: MLSPin #73383902

Listing Facts

  • TypeSingle-family
  • NeighborhoodWest Gloucester
  • Bedrooms4
  • Bathrooms2
  • Days on Prevu96
  • Taxes$14,694/year
  • Size2,499 sqft
  • Price per sqft$1,038

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

06/02/2025
Listed by Compass
$2,595,000

Property Details for 7 Cove Way

Association

Amenities

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Walk/Jog Trails, Golf, Medical Facility, Conservation Area, Highway Access, House Of Worship, Marina, Public School, T-Station

Exterior

Construction

  • Roof: Shingle
  • Window Features: Window(s) - Picture, Insulated Windows, Screens
  • Year Built: 1920
  • Year Built Details: Actual,Renovated Since,Finished, Never Occupied
  • Architectural Style: Contemporary
  • Construction Materials: Frame
  • Exterior Features: Deck - Composite, Patio, Balcony, Rain Gutters, Storage, Professional Landscaping, Decorative Lighting, Screens, Garden, Guest House

Features

  • Other Structures: Guest House
  • Patio And Porch Features: Deck - Composite, Patio
  • Road Frontage Type: Private Road, Dead End
  • View: Scenic View(s)
  • Waterfront Features: Waterfront, Navigable Water, River, Dock/Mooring, Frontage, Walk To, Access, Direct Access, Private, Beach Access, Ocean, Sound, 1 To 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Measurements

  • Building Area Total: 2,499
  • Building Area Units: Square Feet
  • Lot Features: Additional Land Avail., Gentle Sloping, Level
  • Lot Size Acres: 0.84
  • Lot Size Area: 0
  • Lot Size Square Feet: 36,500
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 1905081
  • Tax Annual Amount: $14,694.00
  • Tax Assessed Value: $1,510,200.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Water Heater, Range, Oven, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Range Hood, Stainless Steel Appliance(s)
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Tile, Hardwood, Flooring - Wall To Wall Carpet, Flooring - Vinyl, Flooring - Stone/Ceramic Tile
  • Interior Features: Attic Access, Open Floorplan, Closet, Lighting - Sconce, Countertops - Upgraded, Kitchen Island, Recessed Lighting, Lighting - Pendant, Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet - Linen, Accessory Apt., Bedroom, Kitchen, Living/Dining Rm Combo, Bathroom, Internet Available - Unknown

Measurements

  • Living Area: 2,499
  • Living Area Source: Measured

Rooms

  • Basement: Partial, Crawl Space, Sump Pump, Concrete, Unfinished
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Rooms Total: 7

Other

Environmental

  • Green Energy Efficient: Thermostat

Features

  • Accessibility Features: No

Location

  • Tax Block: 0016
  • Tax Lot: 0000

Parking

Parking

  • Covered Spaces: 3
  • Garage Spaces: 3
  • Garage: Yes
  • Open Parking: Yes
  • Parking Features: Detached, Garage Door Opener, Storage, Garage Faces Side, Insulated, Oversized, Off Street, Driveway, Stone/Gravel
  • Parking Total: 9

Schools

Elementary School

  • Elementary School: West Parish

High School

  • High School: Ghs

Middle or Junior School

  • Middle Or Junior School: Omalley

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Electric: 200+ Amp Service
  • Heating: Forced Air, Propane
  • Has Heating: Yes
  • Laundry Features: Laundry Closet, Main Level, Electric Dryer Hookup, Washer Hookup, First Floor, Gas Dryer Hookup
  • Sewer: Private Sewer
  • Utilities: For Gas Oven, For Gas Dryer, Washer Hookup
  • Water Source: Public

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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.