This classic 1920s gambrel offers over 3,300 sq. ft. of living space with five bedrooms and three full baths, set just steps from Magnolia Beach and the village center. While legally a two-family, it lives seamlessly as a single-family home, providing rare flexibility for multi-generational living, rental income, or expanded guest space. Renovations including the primary bedroom and bathroom, and third-floor kitchen and dining space, blend beautifully with original character - hardwood floors, period details, and abundant natural light carry throughout. Outdoor living is equally appealing with porches and enclosed balconies designed to capture fresh ocean air and seasonal views. Sited in the heart of Magnolia, in extremely close proximity to the shoreline, restaurants, and shops, this property provides an exceptional opportunity to enjoy Gloucester’s coveted coastal lifestyle.