11 months on rocket

51 Folly Point Rd, Gloucester, MA, 01930

$3,500,000

1.42 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
WaterfrontWaterfront, Beach, Ocean Front
ViewOther
MLS #73186630
Lot Size1.42 Acres
StatusActive

About 51 Folly Point Rd

The only buildable, oceanfront parcel of land currently available for sale on the North Shore. Located in Gloucester’s Folly Cove on Folly Point Road with panoramic, bold ocean views towards Halibut Point State Park and Maine. This elevated, dramatic site features an approval not required (ANR) building lot on 1.19± acres. The city sewer and electricity are at located at the street. This beautiful oceanfront parcel of land is perched high above sea level; feel the breeze of the Atlantic Ocean while enjoying marine life and panoramic vistas. A once in a lifetime opportunity to build your dream house in this very private area on Cape Ann with unobstructed ocean views.

Property Details

Property Features

Listing Office:

  • Office Name: LandVest, Inc., Manchester -by-the-Sea
  • Office Phone: (617) 529-1258
  • Listing Agent: Lanse Robb

Exterior Features

Exterior Information:

  • Waterfront: Waterfront, Beach, Ocean Front
  • View: Other

Lot Features

Lot Information:

  • Lot: Gentle Sloping
  • Lot Size: 1.42 Acres

Other

Directions Information:

  • Directions: From Rt 127 turn left on Folly Point Road; lot is on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,500,000
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Housing Market Comparison

See how this home compares to others in Gloucester, MA.

Med. Sold Price

$677.5K

Med. Price/SqFt

$448

Avg. Days On Market

58

# of Sold Homes

23

51 Folly Point Rd vs Gloucester

346 DAYS ON ROCKET

+288 Days

$3,500,000

+$2.8M More

KEY TAKEAWAY

This property is $2.8M more than the Median Sold Price in Gloucester, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73186630

Listing Office:

  • Office Name: LandVest, Inc., Manchester -by-the-Sea
  • Office Phone: (617) 529-1258
  • Listing Agent: Lanse Robb

IDX 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: 11/21/2024, 8:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$17.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-417905
8
/10
  • Plum Cove School

  • 15 Hickory St

  • 1.24 miles

  • Public District Grades KG-5

school-card-donut-417906
7
/10
  • Rockport Elementary School

  • 34 Jerdens Ln

  • 3.02 miles

  • Public District Grades PK-5

school-card-donut-417907
3
/10
  • Beeman Memorial

  • 138 Cherry St

  • 3.77 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,427. Most Gloucester, MA residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 51 Folly Point Rd

What is the listing price of this property?

The listing price of 51 Folly Point Rd property is $3,500,000.

What type of property is this?

The property 51 Folly Point Rd is land located in Gloucester, Massachusetts, 01930.

Is this property for sale now?

Active Listing: 51 Folly Point Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 51 Folly Point Rd is 1.42 acres.
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Rocket HomesMassachusettsEssex CountyGloucester0193051 Folly Point Rd

This home is located at 51 Folly Point Rd in Gloucester, MA and zip code 01930. This home sits on a 1.42 acre lot. It has been listed on Rocket Homes since December 11, 2023 and is currently priced at $3,500,000.

Over 9 listings were sold over their listed price in October 2024 in Gloucester, MA. In the same period over 8 listings were sold below the listed price and 6 listings were sold for the listed price. The number of homes for sale in Gloucester, MA increased by 11% between September 2024 and October 2024. In October 2024, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $677,500.

From Rocket Homes Real Estate and based on county public records data.

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