Magnolia Homes under $1 million

Magnolia Homes under $1 million

Welcome to Magnolia, a picturesque village nestled within the enchanting city of Gloucester, Massachusetts. Known for its stunning coastal views and charming New England ambiance, Magnolia offers a serene escape that perfectly balances nature and community living. With its scenic beaches, lush parks, and historic landmarks, this quaint area is ideal for those seeking a peaceful lifestyle while remaining connected to the vibrant culture of Gloucester.

The real estate market in Magnolia is particularly appealing for homebuyers looking for value without compromising on quality. With a selection of beautiful homes priced under $1 million, you can find the perfect residence to suit your needs. Whether you’re searching for a cozy cottage with ocean views, a modern family home with ample outdoor space, or a charming colonial that reflects the area's rich history, Magnolia has something for everyone.

Residents enjoy easy access to a plethora of outdoor activities, from hiking the scenic trails of nearby Cape Ann to enjoying a sunny day at the local beaches. The community is known for its friendly atmosphere, making it easy to forge connections with neighbors and participate in local events. Plus, with Gloucester's vibrant downtown just a short drive away, you'll have access to delightful shops, restaurants, and cultural attractions.

In Magnolia, you’ll find not just a house, but a place to call home. Embrace the coastal lifestyle and explore the wonderful real estate opportunities this charming village has to offer—where your dream home awaits!

Newest Magnolia Homes under $1 million

2 Flume Rd, Gloucester, MA
$799,900
2 Beds ⋅ 2 Baths ⋅ 73590112 MLS
Discover the charm of coastal living at 2 Flume Rd. Gloucester, ideally situated just steps from beautiful Magnolia Beach. This inviting two-bedroom, two-bath home blends timeless character with thoughtful modern updates. Rich cherry hardwood floors add warmth and elegance, while a striking fieldstone fireplace creates a cozy focal point for relaxing or entertaining. The updated kitchen offers a fresh, stylish space for preparing meals and gathering with family and friends. The exterior of this home features mature plantings that add natural beauty, along with a welcoming farmer's porch perfect for relaxing and enjoying the outdoors. An oversized garage provides ample space for vehicles, hobbies and additional storage, offering both convenience and functionality. With its appealing combination of classic New England charm, comfortable living spaces, peaks of the water from the second floor and an exceptional location near the shoreline, this home offers a wonderful opportunity to enjoy the best of Magnolia's coveted coastal lifestyle.

2 Flume Rd, Gloucester, MA
44 Lexington Ave Unit 37, Gloucester, MA
$329,000
1 Beds ⋅ 1 Baths ⋅ 73581794 MLS ⋅ ['Harborview Condominium'] BLDG.
Enjoy carefree coastal living in this beautifully renovated 1-bedroom, 1-bath condominium located in a professionally managed, elevator-serviced building in Gloucester's beautiful village of Magnolia! Just moments from the beach and ocean, this light-filled, one-level home offers stylish updates throughout and a highly sought-after low-maintenance lifestyle.The stunning kitchen features stainless steel appliances, soft-close cabinetry with a sophisticated stone finish, quartz countertops, a classic white subway tile backsplash, recessed lighting, and under-cabinet illumination. The thoughtfully renovated bathroom showcases a tiled walk-in shower with glass enclosure, radiant heated tile flooring, pedestal sink, and updated fixtures.Beautiful wide pine flooring extends throughout the living room, kitchen, and bedroom, creating warmth and character. A newer sliding glass door opens to a private covered balcony, the perfect place to relax and enjoy refreshing ocean breezes and picturesque sunset views.Additional amenities include deeded parking for one vehicle, common laundry facilities, and a dedicated lower-level storage closet. Ideal for downsizers, second-home buyers, or anyone seeking easy living by the sea, this move-in-ready home offers the perfect blend of comfort, style, and coastal charm.

44 Lexington Ave Unit 37, Gloucester, MA
54 Lexington Ave Unit 32, Gloucester, MA
$299,000
1 Baths ⋅ 73578740 MLS ⋅ ['Ocean Breeze Condominiums'] BLDG.
A little piece of New England history is waiting for you by the cliffs of Cape Ann. Experience a true gem of North Shore living in Gloucester’s famed Magnolia neighborhood. Located on the site of the legendary Grande Dame Oceanside Hotel, this charming and cozy studio brings coastal living right to your doorstep—for just $299K! Step outside to sweeping views of the Atlantic Ocean in one direction and Magnolia’s beloved shops, restaurants, library, and post office in the other. And that’s only the beginning. Nearby beaches include Gray Beach, Black Beach, and Singing Beach, while the scenic Coolidge Reservation and Rafe’s Chasm are just minutes away. A true nature lovers paradise! For the perfect end to the day, stroll down Magnolia Pier and take in a beautiful sunset. Back home, enjoy convenient private parking, dedicated storage for your beach and outdoor gear, and a covered porch—the perfect spot for a relaxing meal or drink. Come see what makes this opportunity so special.

54 Lexington Ave Unit 32, Gloucester, MA
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board logoCopyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated .

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