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$319,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 400 Sq. Ft.
  • Updated 6 hours ago
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Location, Location and Location and value. This charming top floor condo offers an incredible opportunity to own in the picturesque, seaside village of Magnolia for $319,000. A short distance to Magnolia Beach, Magnolia Pier and Coolidge Reservation, this home delivers the coastal lifestyle you've been looking for. Inside you'll find hardwood floors, a spacious kitchen with granite countertops, and an efficient inviting layout. Step outside to your expansive private deck and enjoy beautiful ocean views, the perfect place to relax or entertain. Additional amenities include in-building laundry, a deeded parking space, and heat and hot water included in the condo fee. On the site of Magnolia's legendary Oceanside Hotel, this appealing pied-á-terre is ideal as a year-round residence, extra room for guests, quick weekend-vacation getaway, or an income producing investment property. Truly a rare opportunity for savvy buyers.

Full Property Details for 54 Lexington Ave #32

General

  • Price: $319,000
  • HOA FEE: $272/month
  • Taxes: $2,490 (2025)
  • Status: Active
  • Type: Condo
  • MLS ID: 73544618
  • Updated: 7/4/2026
  • Added to Site: 1 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bathroom 1: 7.00 x 5.92, First

Bedrooms

  • Total Bedrooms: 1

Other Rooms

  • Kitchen: 6.50 x 7.33, First

Parking

  • Parking Features: Off Street, Assigned

Location

  • County: Essex

Structural Information

  • Basement: Yes
  • Stories/Levels: 1
  • Square Feet: 400
  • Year Built: 1920

Financial Considerations

  • Association Fee: $272
  • Tax Amount: $2,490
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: See offer instructions attached to listing. Allow 24 hours for response to offers please. DepositLink is accepted. Please, no buyer letters. Note: Self-managed building. No management company.No smoking in the building or groundsNo grilling
  • Property ID: M:0167 B:0017 L:0032, 4564276

Listed by J. Barrett & Company, Nancy Peterson and Kimberlee Burns

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Listing agents

— 54 Lexington Ave #32 —

  • Nancy Peterson

    J. Barrett & Company

  • Kimberlee Burns

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 54 Lexington Ave #32

School District:Gloucester School District
NameGradesDistance
West Parish
10 Concord Street, Gloucester, MA 01930
K-53.1 mi
Ralph B O'maley Middle School
32 Cherry Street, Gloucester, MA 01930
6-84.3 mi
Gloucester High School
32 L O Johnson Rd, Gloucester, MA 01930
9-123.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 54 Lexington Ave #32 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/04/2026
Listed
$319,000
0.63%
MLS
7/26/2024
Sold
$317,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 54 Lexington Ave #32

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,490
7%
$256,200
7%
2024
$2,335
3%
$240,000
12%
2023
$2,262
—
$213,600
10%
2022
$2,269
—
$193,400
6%
2021
$2,263
1%
$181,900
—
2020
$2,243
—
$181,900
3%
2019
$2,247
6%
$177,100
8%
2018
$2,121
20%
$164,000
22%
2017
$1,773
5%
$134,400
9%
2016
$1,684
2%
$123,700
2%
2015
$1,652
—
$121,000
-5%
2014
$1,656
—
$127,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 54 Lexington Ave #32

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by J. Barrett & Company, Nancy Peterson and Kimberlee Burns

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54 Lexington Ave #32, Gloucester, MA 01930 (MLS# 73544618) is a Condo property with 1 bedroom and 1 full bathroom. 54 Lexington Ave #32 is currently listed for $319,000 and was received on July 04, 2026. Want to learn more about 54 Lexington Ave #32? Do you have questions about finding other Condo real estate for sale in Gloucester? You can browse all Gloucester real estate or contact a Coldwell Banker agent to request more information.

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