54 Lexington Ave

A single-story condominium complex built in 1920 and set in Gloucester’s Magnolia Village, this property comprises studio and small one- to two-bedroom flats that reflect seaside cottage character. The exterior presents porches, covered decks and private balconies integrated with mature, professional landscaping; many homes offer direct ocean or harbor sightlines protected by easements. Interiors favor period details and modest scale: hardwood floors with inlay, sun rooms or small libraries, galley or eat-in kitchens finished with granite or Corian counters, and tile baths. Shared features include a communal library, a bright sun room, on-site storage and deeded parking; laundry facilities serve residents and maintenance fees commonly cover heat and hot water. Renovations and unit upgrades appear throughout the complex, from refreshed paint and recessed lighting to new cabinetry and appliances, while some units are offered furnished and pet-friendly. The buildings sit a short walk from village restaurants, shops and beaches, combining a coastal, village-oriented lifestyle with practical ownership elements such as assigned parking, updated septic infrastructure in portions of the community, and options suitable for seasonal use or year-round residence.