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About this home
A landmark of Magnolia's storied coastline, this extraordinary oceanfront estate has graced Shore Road since 1889. Set above the Atlantic on one of Cape Ann's most coveted seaside addresses, the residence masterfully blends timeless architecture with thoughtfully curated updates, creating a home that feels both historically significant and effortlessly livable. Sunlight pours through expansive windows, illuminating gracious rooms designed for intimate gatherings and grand entertaining alike, while six fireplaces add warmth and character throughout. Outside, terraces and gardens frame panoramic ocean vistas where the rhythm of the tides, passing sailboats, and spectacular coastal sunsets become part of everyday life. Just moments from Magnolia Village, beaches and miles of scenic conservation trails, this is a rare opportunity to become the next steward of one of the North Shore's most distinguished waterfront homes.
Single-familyProperty Type
1889Year Built
0.44 acresLot Size
$707Price/Sq.Ft.
3 garage spacesParking
Listed by McDermott Group• Gibson Sotheby's International Realty
Magnolia, located between Gloucester Harbor and Manchester-by-the-Sea, is a coastal and residential Gloucester neighborhood with pocket beaches and rocky headlands. The neighborhood’s character concentrates around Magnolia Village Center near the intersection of Magnolia Avenue and Lexington Avenue, where a small cluster of local storefronts and porch-front streets sets the pace. Community pillars include the Magnolia Library & Community Center, the Magnolia Farmers Market, and the historic Magnolia Pier. Shingle-style cottages and classic New England homes line winding lanes that open to salt air and water views. Shore walks trace the edges of Magnolia Harbor and the coves around Coffins Beach. Summer brings a steady rhythm of beach days and pier-side sunsets.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Open floorplan with archway and coffered ceilings
Recessed lighting and pendant/sconce lighting throughout
Ceiling fans in multiple rooms
Wainscoting and custom built cabinets
Walk-up attic and wired-for-sound
Exercise room, foyer, sun room
Bedrooms
Primary bedroom on the second floor with double vanity and walk-in closet
Additional second-floor bedrooms with hardwood floors, closets, bay/bow/box windows, recessed or pendant lighting
A third-floor bedroom with ceiling fan, hardwood floors and wainscoting
Bathrooms
Five full bathrooms and one half bath
Master bath present
Bathrooms feature marble and stone/ceramic tile flooring, tiled shower stalls, double vanities, pedestal sinks, linen closets, and sconce lighting
Main-floor half bath with marble flooring and pedestal sink
Kitchen
Granite/stone countertops with kitchen island
Upgraded cabinets and pantry
Stainless steel appliances
Pot filler faucet and wine chiller
Pendant and recessed lighting; exterior access
Laundry & utility
Second-floor laundry area with washer and electric dryer hookups
Laundry area finished with marble flooring and sconce lighting
Flooring
Hardwood throughout main living areas and bedrooms
Marble and stone/ceramic tile in select bathrooms and laundry
Tile and wall-to-wall carpet in some areas; pine flooring also noted
Heating & cooling
Forced air and baseboard heating
Oil-fired system and multiple fireplaces
Has heating
Exterior features
Oceanfront property with scenic water and harbor views; public frontage and walk-to beach access (approximately 0.3–0.5 miles)
Decks (wood and exterior) and a patio
Professional landscaping
Corner, level lot on a paved private road with public maintenance
Home design
Single-family residence
Approximately 6,367 total above-grade finished area with an additional finished below-grade area
Tan exterior color
Has waterview (ocean)
Parking
Attached garage with three garage spaces and three covered spaces
Total of nine parking spaces including six open/off-street spaces
Garage has under-storage, garage door opener and interior access
Construction
Frame construction
Concrete perimeter and stone foundation
Shingle and rubber roofing
Year built listed as approximate (public records)
Utilities
Public water
Private sewer
Electric service with circuit breakers
Gas range and electric oven hookups; electric dryer hookup; washer hookup
HOA & community
Community amenities nearby include shopping, tennis courts, parks, walk/jog trails, golf, medical facility, laundromat, conservation area, highway access, places of worship, marina, and public schools
Not a senior community
Electricity and solar
View estimated energy costs and solar savings for this home
This oceanfront villa on Shore Road in historic, gilded-era Magnolia embodies the timeless allure of its maritime setting with sweeping waterviews. Floor plan invites casual living and elegant entertaining. Impeccably maintained as a 7-bed single family Villa Atlanta comfortably accommodates a home business with additional private two bedroom apartment.The home blends seamlessly into its natural setting. Enjoy amazing sunsets, stroll to the village or grab a beach chair and savor the sea breeze.
Public Records
Jul 1, 1977
Sold
$125,000
$20/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$27,997 (+3.3%)
$1,000,500 + $1,643,200
$2,643,700
2022
$27,107 (+3.6%)
$870,400 + $1,440,500
$2,310,900
2021
$26,159 (−1.8%)
$790,700 + $1,312,100
$2,102,800
2020
$26,644 (+3.4%)
$790,700 + $1,370,200
$2,160,900
2019
$25,772 (+1.6%)
$754,000 + $1,276,900
$2,030,900
2018
$25,356 (+3.2%)
$735,600 + $1,225,400
$1,961,000
2017
$24,569 (+3.0%)
$700,500 + $1,162,200
$1,862,700
2016
$23,861 (+9.5%)
$669,700 + $1,083,500
$1,753,200
2015
$21,789 (+25.7%)
$654,500 + $941,800
$1,596,300
2014
$17,330 (+8.5%)
$654,500 + $680,600
$1,335,100
2013
$15,972 (+4.0%)
$643,900 + $621,700
$1,265,600
2012
$15,355 (+2.4%)
$611,800 + $648,900
$1,260,700
2011
$15,000 (+6.2%)
$643,400 + $682,900
$1,326,300
2010
$14,126 (−4.7%)
$656,800 + $689,800
$1,346,600
2009
$14,828
$691,400 + $853,200
$1,544,600
Public record
Beds
7
Baths
5.5
Stories
2
Lot width
—
Lot depth
—
Lot size
0.28 Acres
Year renovated
—
Finished Sq. Ft.
6,367
Unfinished Sq. Ft.
—
Total Sq. Ft.
6,367
Year built
1930
Style
Single Family Residential
County
APN
1901842
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 91° expected this year, 16 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Gloucester, MA • 01930
Average low and high temperatures (°F)
33
21
35
22
47
32
55
40
65
50
76
60
80
65
76
61
71
57
62
48
52
38
39
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
79/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.9 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 31 Shore Rd
$4,512,379
$12K over list price of $4.50M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $2.1M to $3.2M.