7 Cove Way Gloucester, MA 01930
Property details
About 7 Cove Way
Occupying a prime waterfront site on the Annisquam River, this property has been newly reimagined to create a luxurious year-round compound. Studs-out renovation includes new kitchen and bathrooms, 5BR septic, town water, new wiring and plumbing. The two-level home maximizes its waterfront setting with walls of windows and expansive decks. The main level has a large primary bedroom, laundry, full bath, and kitchen opening to fireplaced living and dining area. The upper level has 3 bedrooms with river views, full bath and deck. Outside, the large lot has landscaped gardens, stone walkways, exclusive tidal dock, tidal beach and storage shed. A large one-bedroom apartment over the garage allows for guests or extra income, and the oversized heated garage has space for multiple cars and/or boat. A rare opportunity to enjoy multi-generational life on the water: set up your beach chair at low tide or float on a raft at high tide in your private cove and watch the river and boats flow by
Highlights
(New)
Summary
- Full Bathrooms: 2
- Appliances: Water Heater, Range, Oven, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Range Hood, Stainless Steel Appliance(s)
- Basement: Yes
- Flooring Type: Tile, Hardwood, Flooring - Wall to Wall Carpet, Flooring - Vinyl, Flooring - Stone/Ceramic Tile
- Interior: Attic Access, Open Floorplan, Closet, Lighting - Sconce, Countertops - Upgraded, Kitchen Island, Recessed Lighting, Lighting - Pendant, Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet - Linen, Accessory Apt., Bedroom, Kitchen, Living/Dining Rm Combo, Bathroom, Internet Available - Unknown
- Fireplace: Living Room
- Total Bedroom Count: 4
- Garage Space: 3 spaces
- Attached Garage: No
- Parking: Detached, Garage Door Opener, Storage, Garage Faces Side, Insulated, Oversized, Off Street, Driveway, Stone/Gravel
- Waterfront: Waterfront, Beach, Navigable Water, River, Dock, Water Access, Ocean Front, Sound
- View: Other
- Exterior: Deck - Composite, Patio, Balcony, Rain Gutters, Storage, Professional Landscaping, Decorative Lighting, Screens, Garden, Guest House
- Architectural Style: Contemporary
- Heating: Forced Air, Propane
- Cooling: Central Air
- List Price: $2,595,000
- Price/SqFt: $1,753
- Annual Tax Amount: $14,694
- Tax Year: 2024
- Lot: Gentle Sloping, Level
- Directions: Follow GPS
- Year Built: 1920
- Living Area: 1,480 SqFt
- Lot Size: 0.84 Acres
- MLS Number: 73383902
- MLS Name: MLS Property Information Network
- Office Name: Compass
- Office Phone: (781) 534-9229
- Listing Agent: Amanda Armstrong
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/5/2025, 1:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,510,200 | $14,694 |
| 2023 | $1,309,800 | $13,871 |
| 2022 | $1,151,000 | $13,501 |
| 2021 | $1,054,000 | $13,112 |
| 2020 | $1,046,600 | $12,905 |
| 2019 | $980,100 | $12,437 |
History based on county public records data.
Nearby schools
6
West Parish
Public District KG-5
1.1 mi
•10 Concord St
3
Beeman Memorial
Public District KG-5
1.2 mi
•138 Cherry St
3
Veterans Memorial
Public District KG-5
2.3 mi
•11 Webster St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $107,955. The most common annual income of people living in Gloucester, MA is between $100k-200k. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
Figure Skating
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Kmart
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
Frequently asked questions
About 7 Cove Way
The listing price of 7 Cove Way property is $2,595,000.
The property 7 Cove Way is a house located in Gloucester, Massachusetts, 01930.
Active Listing: 7 Cove Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7 Cove Way are: West Parish (GreatSchools Rating 6/10), Beeman Memorial (GreatSchools Rating 3/10), Veterans Memorial (GreatSchools Rating 3/10), Ralph B O'Maley Middle School (GreatSchools Rating 4/10), Rockport Middle School (GreatSchools Rating 8/10), Manchester Essex Regional Middle School (GreatSchools Rating 7/10), Gloucester High School (GreatSchools Rating 3/10), Rockport High School (GreatSchools Rating 8/10), Manchester Essex Regional High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $14,694 (source: MLS/based on county public records data).
The property at 7 Cove Way has 4 bedrooms and 2 bathrooms.
The property 7 Cove Way is 1,480 SqFt (source: MLS/tax record).
The year of construction for 7 Cove Way is 1920.
This home is located at 7 Cove Way in Gloucester, MA and zip code 01930. This 1,480 square foot home, which was built in 1920, sits on a 0.84 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 2, 2025 and is currently priced at $2,595,000.
In May 2025, from all listings sold in Gloucester, MA there were more than 12 sold above asking price, over 9 sold below and more than 2 were sold right at the asked price. The number of listings in Gloucester, MA increased by 35.6% between April and May 2025. Listings spent 34 days on the market in May 2025, and had a median list price of $710,000 during the same period.