1 Folly Point Rd

4,326 Sq. Ft.
$462 / Sq. Ft.
4,326
Sq. Ft.
$462
per Sq. Ft.

Description

Offered below assessed value. An approval to develop is not required. See agent for 4 lot division plan and additional details if considering further development of existing 5 acre lot. Currently offered as an exclusive property commanding 5+ acres of private waterfront set high above Folly Cove, including a striking glass and stucco 4,500+ s.f. contemporary home connected by glassed-in breezeway to two-story 3,800+ s.f. working studio. At once fully modern and self-contained the property features...Offered below assessed value. An approval to develop is not required. See agent for 4 lot division plan and additional details if considering further development of existing 5 acre lot. Currently offered as an exclusive property commanding 5+ acres of private waterfront set high above Folly Cove, including a striking glass and stucco 4,500+ s.f. contemporary home connected by glassed-in breezeway to two-story 3,800+ s.f. working studio. At once fully modern and self-contained the property features an organic and open floor plan that maximizes natural light and offers kaleidoscopic views of sea, sky and gardens in most every room. The deft artisanal design and industrial-quality construction throughout produce a reassuring sense of solidity, quality and communion with the natural surroundings. A bold statement in a sleepy seaside community known for its history of providing a safe haven for artists to live and create inspired by the land and the sea.

Listing Agent

  1. Amanda Armstrong

    Amanda Armstrong

    Listing Agent

    Compass

Property Details for 1 Folly Point Road

Town
Gloucester
Area
MA-Gloucester
Architectural Style
Contemporary
Style
Garden, Contemporary
Garage Spaces
3
Open Parking Spaces
10.00
Parking Spaces Total
10
LISTING UPDATED: 08/05/2022 07:18 AM

Property Details for 1 Folly Point Road

StatusSold
MLS #71937148
Days on Market72
Taxes$41,608 / year
HOA Fees-
Compass TypeSingle Family
MLS TypeSingle Family / Detached
Year Built1991
CountyEssex County

Location

Listing Courtesy of Compass, Amanda Armstrong

Sold By Compass, Amanda Armstrong

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Building Information for 1 Folly Point Road

Stories-Year Built1991Building Size-Lot Size5.18 AC / 225,641 SF

Payment Calculator

$13,538 per month

30 year fixed, 6.46% Interest

Principal and Interest

$10,071

Property Taxes

$3,467

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1 Folly Point Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Conservation Area, Marina, T-Station
  • Current Financing: Conv. Fixed
  • Living Area: 4326.0
  • Color: green
  • Property Attached: No
  • Property Condition: Remodeled
  • Single Family Type: Detached
  • Waterfront: Yes
  • Water View: Yes
  • Year Built Details: Actual
  • Year Built Source: Public Records
Location/School
  • Grade School: Plum Cove
  • High School: Gloucester High
  • Middle School: O'maley Middle
  • Neighborhood: Lanesville
Features
Interior Features
  • Appliances: Range, Oven, Dishwasher, Disposal, Microwave, Indoor Grill, Refrigerator, Washer, Dryer, Range Hood, Oil Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Basement Features: Full, Partially Finished, Walk Out, Interior Access, Concrete Floor
  • Num of Baths: 5.0
  • Num of Full Baths: 4
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 4.50
  • Bathrooms Total Integer: 5
  • DoorFeatures: Insulated Doors
  • FireplaceFeatures: Living Room
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Flooring: Wood, Tile, Vinyl, Carpet, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet
  • Interior Features: Open Floor Plan, Entry Hall, Gallery, Study, Bonus Room, Wine Cellar
  • Interior Features: Security System, Indoor Pool
  • Laundry Features: In Basement, Washer Hookup
  • Primary Bath: Yes
  • Window Features: Insulated Windows, Screens
Exterior Features
  • Construction: Frame
  • Exterior Features: Professional Landscaping, Sprinkler System, Decorative Lighting, Garden, Stone Wall
  • Exterior Features: Screens, Professional Landscaping, Sprinkler System, Decorative Lighting, Garden Area, Stone Wall, Deck, Covered Patio/Deck
  • Lot Description: Corner Lot, Wooded, Cleared, Gentle Sloping
  • Other Structures: Workshop
  • Patio And Porch Features: Deck - Exterior, Porch - Enclosed, Deck, Covered
  • Pool Features: Indoor
  • Pool Private: Yes
  • Roof Material: Rubber
  • View: Scenic View(s)
  • View: Yes
  • Waterfront Features: Waterfront, Beach Front, Stream, Ocean, Frontage, Walk to, Direct Access, Private, 1/2 to 1 Mile To Beach, Beach Ownership(Private, Public)
  • Waterview Features: Ocean, Private, Walk to
Parking Features
  • Attached Garage: Yes
  • Carport: No
  • Covered Spaces: 3.00
  • Garage: Yes
  • Garage Parking: Attached, Garage Door Opener, Heated, Storage, Work Area, Side Entry, Off-Street
  • Parking Features: Attached, Garage Door Opener, Heated, Storage, Work Area, Side Entry, Off-Street
  • Parking Features: Heated, Work Area, Side Entry, Off-Street
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: Generator, 200+ Amp Service
  • Green Energy Generation: Solar
  • Heating: Hot Water, Humidity Control, Oil
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Water: Public
Room Information
Primary Bedroom
  • Room Primary Bedroom Area: 299.0
  • Room Primary Bedroom Features: Bathroom - Full,Walk-In Closet(s),Flooring - Wall to Wall Carpet,Deck - Exterior
  • Room Primary Bedroom Length: 13.0
  • Primary Bedroom Level: Second Floor
  • Room Primary Bedroom Width: 23.0
Bedroom 2
  • Bedroom2 Area: 255.0
  • Bedroom2 Features: Bathroom - Full,Closet/Cabinets - Custom Built,Flooring - Wall to Wall Carpet
  • Bedroom2 Length: 15.0
  • Bedroom2 Level: Second
  • Bedroom2 Width: 17.0
Bedroom 3
  • Bedroom3 Area: 221.0
  • Bedroom3 Features: Bathroom - Full,Closet/Cabinets - Custom Built,Flooring - Wall to Wall Carpet
  • Bedroom3 Length: 13.0
  • Bedroom3 Level: First
  • Bedroom3 Width: 17.0
Bedroom 4
  • Bedroom4 Features: Bathroom - Full,Closet,Flooring - Wall to Wall Carpet
  • Bedroom4 Level: Basement
Bathroom 1
  • Bathroom1 Area: 40.0
  • Bathroom1 Features: Bathroom - Half
  • Bathroom1 Length: 8.0
  • Bathroom1 Level: First
  • Bathroom1 Width: 5.0
Bathroom 2
  • Bathroom2 Area: 132.0
  • Bathroom2 Features: Bathroom - Full
  • Bathroom2 Length: 11.0
  • Bathroom2 Level: Second
  • Bathroom2 Width: 12.0
Bathroom 3
  • Bathroom3 Area: 66.0
  • Bathroom3 Length: 11.0
  • Bathroom3 Level: Basement
  • Bathroom3 Width: 6.0
Dining Room
  • Dining Room Area: 234.0
  • Dining Room Features: Closet/Cabinets - Custom Built,Flooring - Wall to Wall Carpet
  • Dining Room Length: 13.0
  • Dining Room Level: Main
  • Dining Room Width: 18.0
Family Room
  • Family Room Area: 196.0
  • Family Room Features: Closet/Cabinets - Custom Built,Flooring - Wall to Wall Carpet
  • Family Room Length: 14.0
  • Family Room Level: Main
  • Family Room Width: 14.0
Kitchen
  • Kitchen Area: 266.0
  • Kitchen Features: Flooring - Stone/Ceramic Tile,Dining Area,Countertops - Stone/Granite/Solid,Kitchen Island,Cabinets - Upgraded,Stainless Steel Appliances
  • Kitchen Length: 19.0
  • Kitchen Level: Main
  • Kitchen Width: 14.0
Laundry
  • Laundry Dimen: 11X8
Living Room
  • Room Living Room Area: 592.0
  • Room Living Room Features: Closet/Cabinets - Custom Built,Flooring - Wall to Wall Carpet,Window(s) - Picture,Open Floorplan
  • Room Living Room Length: 37.0
  • Room Living Room Level: Main
  • Room Living Room Width: 16.0
Property Information
Property Info
  • UFFI: Unknown
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Private Road
  • Disclosures: Also offered as land sale. Approval not required. All showings must be accompanied and 24 hour notice is required. Property sold as is. Buyer responsible for their own due diligence.
Tax Information
  • Listing Terms: Contract
  • Tax ID: M:0146 B:0028 L:0000,1901007
  • Assessments: $3,048,200
  • Block: 28
  • Book: 10288
  • Lot: 00
  • Map: 146
  • Tax Year: 2015
  • Zoning: R3
Building / Association Information
Living Characteristics
  • Beds Total: 5
Other Building Characteristics
  • Accessibility Features: Accessible Entrance
  • Foundation: Concrete Perimeter
  • Heat Zones: 14
Complex & Association Information
  • Association Security: Security System
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 0

Property History for 1 Folly Point Road

DateEvent & SourcePriceAppreciation
Mar 31, 2016

Sold (Public Record)

Public Record #568505266

$2,000,000

+12.3% / yr

Mar 31, 2016

Sold

MLS PIN #71937148

$2,000,000—
Feb 10, 2016

Under Agreement

MLS PIN #71937148

—
Feb 10, 2016

Contingent

MLS PIN #71937148

—
Nov 30, 2015

Listed (Active)

MLS PIN #71937148

$2,000,000—
Sep 10, 2015

Canceled

MLS PIN #71818467

$2,795,000—
Apr 16, 2015

Listed (Active)

MLS PIN #71818467

$3,000,000—
Jul 21, 2011

Canceled

MLS PIN #71245435

$2,750,000—
Jun 7, 2011

Listed (Active)

MLS PIN #71245435

$2,750,000—
Jul 30, 2009

Canceled

MLS PIN #70929174

$2,950,000—
Jun 4, 2009

Listed (Active)

MLS PIN #70929174

$3,395,000—
Jan 2, 1990

Sold (Public Record)

Public Record #87006296

$95,000—
DateEvent & SourcePrice
03/31/2016

Sold (Public Record)

Public Record #568505266

$2,000,000

+12.3% / yr

03/31/2016

Sold

MLS PIN #71937148

$2,000,000
02/10/2016

Under Agreement

MLS PIN #71937148

—
02/10/2016

Contingent

MLS PIN #71937148

—
11/30/2015

Listed (Active)

MLS PIN #71937148

$2,000,000
09/10/2015

Canceled

MLS PIN #71818467

$2,795,000
04/16/2015

Listed (Active)

MLS PIN #71818467

$3,000,000
07/21/2011

Canceled

MLS PIN #71245435

$2,750,000
06/07/2011

Listed (Active)

MLS PIN #71245435

$2,750,000
07/30/2009

Canceled

MLS PIN #70929174

$2,950,000
06/04/2009

Listed (Active)

MLS PIN #70929174

$3,395,000
01/02/1990

Sold (Public Record)

Public Record #87006296

$95,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1 Folly Point Road

Taxable ValueLand$3,057,100Additions$578,400Total$3,635,500
Tax Record2025$35,337 ($2,945 / month)
Home Facts
Beds3Baths5.5Total Finished SqFt4,326 SqFtAbove Grade Finished SqFt4,326 SqFtUnfinished Basement SqFt953 SqFtStories2Lot Size225,641 SqFtStyleSingle Family ResidenceYear Built1991ZoningR-20CountyESSEXAPNGLOU M:0146 B:0028 L:0000Fireplace TypeHas Fireplace

Schools near 1 Folly Point Road

This home is within Gloucester School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Plum Cove School
PublicK to 5

Ralph B O'Maley Innovation Middle School
Public6 to 8

Gloucester High School
Public9 to 12

East Veterans Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Compass, Amanda Armstrong

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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 or leasing 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 or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.