51 Folly Point Rd Lot 2, Gloucester, MA 01930

$3,500,000

0 beds 0 baths —23 days on marketActive

About this home

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.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment

$22,843/mo

Real estate (PITI + HOA + PMI): $23,313
Utilities: $1,255
Transportation: $112
Other (entertainment): $157

Your monthly budget

Budget$23,343/mo

Remaining after TLC$500/mo

Purchase price

$3,500,000

Down payment

$175,000 (5%)

Loan amount

$3,325,000

APR

Quick facts

Type

Residential

Style

—

Year built

—

Lot size

1.42 ac

Stories

Heating

—

Cooling

—

Water

At Street

HOA

—

Annual tax

$22,208

MLS #

73186630

County

Essex

At a glance

Waterfront

Home features

Sewer

At Street

Lot features

Gentle Sloping

Neighborhood — 01930

Metric	This ZIP	County	USA
Population	31,729	6,444,931	299,088,112
Population Change Since1990	7.00%	7.00%	20.00%
Population Density	1,130	786	—
Male	15,331	3,127,134	147,432,321
Female	16,398	3,317,797	151,655,844
Never Married	7,454	1,612,885	63,775,926
Married	13,194	2,586,314	123,120,365
Separated	899	247,857	12,639,686
Widowed	2,121	363,594	15,467,586
Divorced	2,571	436,888	23,075,029
Number Of House Hold	13,184	2,431,591	111,826,380
Average House Hold Size	2.38	2.56	2.60
Medial Age	41.07	37.25	35.46
Median House Hold Income	$54,695	$57,698	$48,276
Average House Hold Income	$67,088	$75,023	$63,629
P C I	$28,192	$29,196	$24,529
M D I	$45,934	$48,105	$41,133
A T H E	$53,185	$57,083	$50,898
S T R	5.00%	5.00%	—
W C J	81.48%	81.38%	77.74%

(Zip) Code

1930

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

Walk Score

See walkability, transit, and bike scores for 51 Folly Point Rd Lot 2, Gloucester, MA 01930 on walkscore.com →

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Listing information last refreshed 12/11/2023. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.