7 Cove Way, Rust IslandGloucester, MA 01930MLS Number 73227075

  • Price: $2,295,000
  • Est. Mortgage of $/month
  • 86 Days on Market
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Federal 30-year interest rate: 6.89% last updated on Jul 11, 2024
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Under Agreement
7 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 019307 Cove Way Gloucester MA 01930
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  • 5Bedrooms
  • 3Bathrooms
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.
Listed by Amanda Armstrong Group of Compass

Driving Directions

Colonial Manor Realty
Colonial Manor Realty
127 Franklin Street
Reading, MA 01867

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More Info

Basic Information

  • Bedrooms5
  • Mls StatusUnder Agreement
  • Bathroom3
  • Contingency Pending P&S
  • Listing Terms Contract
  • Lot Features Corner Lot, Cleared, Gentle Sloping, Marsh
  • Parcel Number 1905081
  • Road Frontage DescriptionUnimproved

Location

  • NeighborhoodRust Island
  • SubdivisionRust Island
  • Address7 Cove Way
  • Building Number7
  • CountyEssex
  • StateMA
  • StreetCove Way
  • TownGloucester
  • Zip01930

Interior

  • Flooring Wood, Tile, Carpet, Laminate, Flooring - Wall to Wall Carpet
  • Interior Features
    • Accessory Apt.
    • Bathroom - Full
    • Breakfast Bar / Nook
    • Cabinets - Upgraded
    • Cable Hookup
    • Closet
    • Countertops - Stone/Granite/Solid
    • Countertops - Upgraded
    • Country Kitchen
    • Dining Area
    • Internet Available - Unknown
    • Kitchen Island
    • Open Floorplan

Property Information

  • Square Feet2,680
  • Building Area Source Measured
  • Living Area 2,680
  • Lot Size Square Feet 36,500
  • Lot Size Units Acres
  • Property Condition Updated/Remodeled
  • View YN Yes

Other

  • Buyer Agency Compensation2
  • Date Listed04/23/2024
  • Farm Land Area Units Square Feet
  • View Count12

Tax Information

  • Tax Assessed Value $1,510,200
  • Tax Year 2024
  • Taxes$14,694

Rooms

  • Bathroom 1 First,5 x 10
  • Bathroom 2 Second,5 x 10
  • Bathrooms Total Decimal 3
  • Bedroom 2 Second,10 x 13
  • Bedroom 3 Second,10 x 14
  • Bedroom 4 Second,11 x 11
  • Full Bath3
  • Kitchen Main, First,9 x 11
  • Living Room Main, First,17 x 15
  • Main Level Bedrooms 1
  • Master Bedroom Main, First,16

Property

  • Acreage0.84
  • Other Structures Guest House

Exterior

  • Exterior Features
    • Balcony
    • Deck - Composite
    • Garden
    • Guest House
    • Rain Gutters
    • Screens
    • Storage
  • RoofShingle

Utilities

  • Cooling Central Air
  • Cooling YN Yes
  • Electric 200+ Amp Service
  • Heat SystemYes
  • Heating Forced Air, Natural Gas
  • Sewer Private Sewer
  • Water Source Public, Private

Amenities

  • Amenities
    • Conservation Area
    • Golf
    • Highway Access
    • House of Worship
    • Marina
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • T-Station
    • Walk/Jog Trails
  • Appliances IncludedElectric Water Heater, Range, Refrigerator, Washer, Dryer

Parking

  • Parking Spaces6
  • Covered Spaces 2
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features
    • Detached
    • Driveway
    • Garage Door Opener
    • Garage Faces Side
    • Insulated
    • Off Street
    • Oversized
    • Stone/Gravel
    • Storage
    • Workshop in Garage

Basic Information

  • List Price$2,295,000
  • MLS Number73227075
  • Modification Date07/09/2024
  • Property SubTypeSingle Family Residence
  • PurchaseContractDate06/24/2024
  • Sale Date07/08/2024

Building

  • Building Area Units Square Feet
  • Construction Materials Frame
  • Door Features Insulated Doors
  • FireplaceYes
  • Fireplace Features Living Room
  • Fireplaces Total 1
  • FoundationSlab
  • Garage Spaces2
  • Patio And Porch Features Deck - Composite
  • Property StyleContemporary
  • Rooms8
  • Utilities For Electric Range, For Electric Dryer
  • Window Features Window(s) - Picture, Insulated Windows, Screens
  • Year Built1920
  • Year Built Details Actual, Renovated Since
  • Year Built Source Public Records

Water Body

  • Miles to Beach0.1
  • WaterfrontYes
  • Waterfront Features Waterfront, Beach Front, Stream, Navigable Water, Sound, River, Dock/Mooring, Frontage, Walk to, Access, Direct Access, Private, Beach Access, River, Direct Access, Frontage, Sound, Walk to,0 to 1/10 Mile To Beach, Beach Ownership(Private)

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