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  1. Home
  2. /Gloucester, MA
  3. /
    The Ocean Terrace Condominium

The Ocean Terrace Condominium

2 Ocean, Gloucester, MA, 01930

0 Units for Sale

Building imageView Listing
MLS ID #73425003
Building ImagesView ListingMLS ID #73425003
Building ImagesView ListingMLS ID #73425003
Building ImagesView ListingMLS ID #73318935
Building ImagesView ListingMLS ID #73318935
YearBuilt

Year Built

2003

Stories

# Stories

1

#TotalUnits

# Total Units

56
UnitSizeRange

Unit Size Range

820-920 sqft

UnitDemand

Unit Demand

Stories

-

UnitAvailability

Unit Availability

Stories

-


About The Ocean Terrace Condominium

The Ocean Terrace Condominium, located at 2 Ocean, Gloucester, MA, 01930, is a single-story development built in 2003. The property offers 1 and 2-bedroom condo units, accommodating a range of living needs. Residents have access to a variety of amenities that enhance their living experience. These include a tennis court, a pool, and convenient on-site laundry facilities. For those who enjoy outdoor activities, the condo is located near a bike path and conservation area, making it ideal for nature enthusiasts. The property’s location offers easy access to public transportation and major highways, facilitating convenient commutes. The nearby presence of a golf course and park provides additional recreational opportunities. Residents can enjoy community facilities such as a house of worship, contributing to a well-rounded living environment. The building ensures a balance between modern urban living and connection to nature, without compromising on accessibility to essential services. Its blend of amenities and thoughtful design caters to a diverse set of lifestyle preferences, positioning it as a notable residential option for those seeking a well-integrated living space.

Building imageView Listing
MLS ID #73425003
Building ImagesView ListingMLS ID #73425003
Building ImagesView ListingMLS ID #73425003
Building ImagesView ListingMLS ID #73318935
Building ImagesView ListingMLS ID #73318935

Amenities

One of the wonderful aspects of condo living is the access to fantastic amenities, and The Ocean Terrace doesn't disappoint. Imagine starting your day with a swim in the pool or enjoying a friendly match on the tennis courts. If you like staying active, the nearby bike paths will let you explore the gorgeous landscape at your leisure. Plus, you'll find conveniences like public transportation and easy highway access right at your fingertips. The property is also close to tranquil conservation areas and parks, giving you plenty of outdoor options for relaxation and recreation.

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevator
Central ACCentral AC
PoolPoolCheck Icon
Fitness CenterFitness Center
-
Visitors ParkingVisitors Parking

Building Policies

When considering a condo, it’s important to understand the building policies. Fortunately, The Ocean Terrace keeps things straightforward with flexible rules, allowing you to make your new home truly your own. Whether you have guests over or are planning to personalize your space, you’ll find the guidelines friendly and accommodating.

Pet AllowedPets Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

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The Ocean Terrace Condominium Market Report (last 12 months)

Avg. List Price
$350,000 ($458/Sqft.)
Year-Over-Year List Price
0.00%
Total Listings
Listings2
Avg. Days On Market
Calendar70
Avg. Sale Price
$345,000 ($452/Sqft.)
Year-Over-Year Sale Price
0.00%
Total Sold
Sold2
Avg. HOA Fees/Sqft
$3 /monthly

The Ocean Terrace Condominium Sales History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 1J1J76511552025-10-28
MLS#: 73425003
Closed$340,000
Unit 2N2N87021362023-06-09
MLS#: 73107390
Closed$365,000
Unit 2A2A870212122023-03-15
MLS#: 73025472
Closed$390,000
Unit 1J
1J

1 Beds

1 Baths

765 sqft

Days On Market55

DateStatusPrice
2025-10-28Closed$340,000
MLS#: 73425003
Unit 2A
2A

2 Beds

1 Baths

870 sqft

Days On Market212

DateStatusPrice
2023-03-15Closed$390,000
MLS#: 73025472
Unit 2N
2N

2 Beds

1 Baths

870 sqft

Days On Market36

DateStatusPrice
2023-06-09Closed$365,000
MLS#: 73107390
View Complete Unit Listing HistorySource By: MLSPIN

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
The Ocean Terrace Condominium$452/sqft.$3 /sqft.
2 Ocean Ave$432/sqft.$3 /sqft.
Harborview Condominium$443/sqft.$2 /sqft.
44 Lexington Ave$448/sqft.$2 /sqft.
Ocean Breeze$793/sqft.$2 /sqft.
54 Lexington Ave$793/sqft.$2 /sqft.

Nearby Schools

No Schools Data Available

Schools

No Schools Data Available

Transit

Experience convenience and connectivity with premium transit options just moments away.

Lexington Ave & Flume Rd

0.11 miles away|3 min walk

Magnolia Square

0.28 miles away|6 min walk

Rafe's Chasm

0.73 miles away|15 min walk

Western Ave & Magnolia Ave

0.94 miles away|18 min walk

Hammond Castle

1.51 miles away|29 min walk

Ravenswood Park

2.28 miles away|44 min walk
Transitarrow right
View nearby transit options
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Transit

Lexington Ave & Flume Rd

0.11 miles away|3 min walk

Magnolia Square

0.28 miles away|6 min walk

Rafe's Chasm

0.73 miles away|15 min walk

Western Ave & Magnolia Ave

0.94 miles away|18 min walk

Hammond Castle

1.51 miles away|29 min walk

Ravenswood Park

2.28 miles away|44 min walk

The Neighborhood:

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  1. Home
  2. /Gloucester, MA
  3. /
    The Ocean Terrace Condominium
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