7 Cove Way

Gloucester, MA 01930

$2,295,000
Price
5
Beds
3
Baths
2,680 Sq. Ft.
$856 / Sq. Ft.
2,680
Sq. Ft.
$856
per Sq. Ft.

Description

Occupying a private waterfront site on Annisquam River, this property has been in the same family since the early 80’s. Used now as a seasonal getaway, the home could be renovated to provide a year-round family compound just up river from downtown Gloucester and moments from route 128 to Boston. The two-level home is ideally situated to enjoy its splendid natural setting, with walls of windows and expansive new decks framing waterviews. The main level has a large primary bedroom, full bath with porthole...Occupying a private waterfront site on Annisquam River, this property has been in the same family since the early 80’s. Used now as a seasonal getaway, the home could be renovated to provide a year-round family compound just up river from downtown Gloucester and moments from route 128 to Boston. The two-level home is ideally situated to enjoy its splendid natural setting, with walls of windows and expansive new decks framing waterviews. The main level has a large primary bedroom, full bath with porthole window, and large kitchen opening to fire-placed living and dining areas. On the upper level are 3 bedrooms with river views, full bath and deck. Outside, the property is bordered by terraced gardens and rock outcroppings, with a tidal dock, tidal beach, and storage shed. A separate 2-story garage has heated space for multiple cars and/or boat,with large 1-bedroom one bath apartment above with full kitchen. A rare opportunity to support multi-generational living on the water in Glou.

Listing Agents

  1. Amanda Armstrong

    Amanda Armstrong

    Alternative Listing Agent

    Compass

Property Details for 7 Cove Way

Town
Gloucester
MLS Area
Rust Island
Area
MA-Gloucester-Rust Island, MA-Gloucester
Architectural Style
Contemporary
Style
Garden, Contemporary
Garage Spaces
2
Parking Spaces
6.00
Parking Spaces Total
8
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LISTING UPDATED: 04/30/2024 08:09 PM

Property Details for 7 Cove Way

StatusActive
MLS #73227075
Days on Market9
Taxes$14,694 / year
HOA Fees-
Compass TypeSingle Family
MLS TypeSingle Family / Detached
Year Built1920
CountyEssex County
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Virtual Tour

Building Information for 7 Cove Way

Stories-Year Built1920Building Size-Lot Size0.84 AC / 36,500 SF

Payment Calculator

$13,749 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,525

Property Taxes

$1,225

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7 Cove Way

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Park, Walk/Jog Trails, Golf Course, Medical Facility, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station
  • Living Area: 2680.0
  • Color: grey
  • SqFt with Basement: No
  • Property Attached: No
  • Property Condition: Updated/Remodeled
  • Single Family Type: Detached
  • Waterfront: Yes
  • Water View: Yes
  • Year Built Details: Actual,Renovated Since
  • Year Built Source: Public Records
Location/School
  • Neighborhood: Rust Island
Features
Interior Features
  • Appliances: Electric Water Heater, Range, Refrigerator, Washer, Dryer
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • DoorFeatures: Insulated Doors
  • FireplaceFeatures: Living Room
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Flooring: Wood, Tile, Carpet, Laminate, Flooring - Wall to Wall Carpet
  • Interior Features: Bathroom - Full, Closet, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Breakfast Bar / Nook, Cabinets - Upgraded, Cable Hookup, Country Kitchen, Open Floorplan, Accessory Apt., Internet Available - Unknown
  • Interior Features: Internet Available - Unknown
  • Laundry Features: First Floor, Electric Dryer Hookup
  • Main Level Bedrooms: 1
  • SpaYN: No
  • Window Features: Window(s) - Picture, Insulated Windows, Screens
Exterior Features
  • Construction: Frame
  • Exterior Features: Deck - Composite, Balcony, Rain Gutters, Storage Shed, Screens, Garden, Guest House
  • Exterior Features: Screens, Guest House, Balcony, Storage Shed, Garden Area, Deck - Composite
  • Lot Description: Corner Lot, Cleared, Gentle Sloping, Marsh
  • Other Structures: Guest House
  • Patio And Porch Features: Deck - Composite
  • Roof Material: Shingle
  • View: Scenic View(s)
  • View: Yes
  • Waterfront Features: Waterfront, Beach Front, Stream, Navigable Water, Sound, River, Dock/Mooring, Frontage, Walk to, Access, Direct Access, Private, Beach Access, 0 to 1/10 Mile To Beach, Beach Ownership(Private)
  • Waterview Features: Dock/Mooring, River, Sound, Walk to
Parking Features
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Detached, Garage Door Opener, Storage, Work Area, Side Entry, Insulated, Oversized Parking, Off-Street, Improved Driveway, Stone/Gravel
  • Open Parking: Yes
  • Parking Features: Detached, Garage Door Opener, Storage, Work Area, Side Entry, Insulated, Oversized Parking, Off-Street, Improved Driveway, Stone/Gravel
  • Parking Features: Work Area, Side Entry, Oversized Parking, Off-Street, Improved Driveway, Stone/Gravel
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Electric: 200+ Amp Service
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Private Sewerage
  • Utility Connections: for Electric Range, for Electric Dryer
  • Water: Public, Private
Room Information
Primary Bedroom
  • Room Primary Bedroom Area: 240.0
  • Room Primary Bedroom Features: Vaulted Ceiling(s),Closet,Flooring - Wall to Wall Carpet,Window(s) - Picture,Cable Hookup,Deck - Exterior,Exterior Access,High Speed Internet Hookup,Remodeled,Slider
  • Room Primary Bedroom Length: 16.0
  • Primary Bedroom Level: Main, First Floor
  • Room Primary Bedroom Width: 15.0
Bedroom 2
  • Bedroom2 Area: 130.0
  • Bedroom2 Features: Closet
  • Bedroom2 Length: 10.0
  • Bedroom2 Level: Second
  • Bedroom2 Width: 13.0
Bedroom 3
  • Bedroom3 Area: 140.0
  • Bedroom3 Features: Closet
  • Bedroom3 Length: 10.0
  • Bedroom3 Level: Second
  • Bedroom3 Width: 14.0
Bedroom 4
  • Bedroom4 Area: 121.0
  • Bedroom4 Features: Closet
  • Bedroom4 Length: 11.0
  • Bedroom4 Level: Second
  • Bedroom4 Width: 11.0
Bathroom 1
  • Bathroom1 Area: 50.0
  • Bathroom1 Length: 5.0
  • Bathroom1 Level: First
  • Bathroom1 Width: 10.0
Bathroom 2
  • Bathroom2 Area: 50.0
  • Bathroom2 Length: 5.0
  • Bathroom2 Level: Second
  • Bathroom2 Width: 10.0
Kitchen
  • Kitchen Area: 99.0
  • Kitchen Features: Flooring - Hardwood,Window(s) - Picture,Cabinets - Upgraded,Exterior Access,Open Floorplan
  • Kitchen Length: 9.0
  • Kitchen Level: Main,First
  • Kitchen Width: 11.0
Living Room
  • Room Living Room Area: 255.0
  • Room Living Room Features: Closet,Flooring - Hardwood,Window(s) - Picture,Cable Hookup,Deck - Exterior,Exterior Access,Open Floorplan
  • Room Living Room Length: 17.0
  • Room Living Room Level: Main,First
  • Room Living Room Width: 15.0
Property Information
Property Info
  • Year Round: No
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Private Road
  • Road Surface Type: Unimproved
  • Disclosures: One large bedroom (1200 sq ft +/-) with full bath with full kitchen is located in the apartment on the 2nd floor of the oversized detached garage on the property. Sales includes two separate legal lots 7 Cove Way = 21,600 and 42 Ye Olde County Road = .34 acres. Ask agent for details.
Tax Information
  • Listing Terms: Contract
  • Tax ID: 1905081
  • Assessments: $1,510,200
  • Block: 0016
  • Book: 0
  • Lot: 0000
  • Map: 0232
  • Tax Year: 2024
  • Zoning: R-10
Building / Association Information
Living Characteristics
  • Beds Total: 5
Other Building Characteristics
  • Foundation: Slab
  • Cooling Zones: 1
  • Heat Zones: 1
Complex & Association Information
  • Adult Community: No
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 7 Cove Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7 Cove Way

Taxable ValueLand$959,400Additions$550,800Total$1,510,200
Tax Record2024$14,694 ($1,224 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,480 SqFtAbove Grade Finished SqFt1,480 SqFtStories2Lot Size21,600 SqFtStyleSingle Family ResidenceYear Built1920ZoningR-10CountyESSEXAPNGLOU M:0232 B:0016 L:0000

Schools near 7 Cove Way

This home is within Gloucester School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
West Parish
PublicK to 5

Ralph B O'maley Middle School
Public6 to 8

Gloucester High School
Public9 to 12

Faith Christian School
PrivatePK to 8

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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7 Cove Way is a single family home for sale in Gloucester, MA 01930. This property was listed for sale on April 22, 2024 by Compass, it's currently listed at $2,295,000. This listing's school district is Gloucester School District. Nearby schools include West Parish, Ralph B O'maley Middle School and Gloucester High School. 7 Cove Way is a 5-bed, 3-bath, 2,680 sqft single family home built in 1920.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

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.