Offered at $2,200,000Active

beds: —
baths: —
sq ft: —
Built: —

19 Two Penny Ln

Gloucester, MA 01930

About this home

Rare opportunity to own a 3+ acre coastal parcel in Gloucester overlooking Essex Bay and Crane Beach. Set on a private road, this elevated, wooded lot offers exceptional privacy and the potential for a custom home in a premier Cape Ann location. Enjoy close proximity to Wingaersheek Beach, marinas, and downtown Gloucester while surrounded by natural beauty. Generous acreage and topography provide a unique setting to design a year-round residence or seasonal retreat. Buyer to perform all due diligence. Board of Health has denied septic approval; property being sold as-is.

Listing last checked: November 7, 2026 at 9:09 PM ESTListing updated: May 3, 2026 at 4:05 AM EDT

Listed by Mcdermott Group · Gibson Sotheby's International Realty · MLS #73509397

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Details at a glance

Interior1 property facts

Basement: Not reported

Building1 property facts

Style: Residential

Land & utilities6 property facts

Lot size: 3.08 acres
Water: Public
Sewer: Private Sewer, Perc Test On File
Waterfront: Y
Pool: Not reported
Zoning: R-80

Financial2 property facts

Annual taxes: $22,534
Assessment year: 2026

Location

Estimated monthly cost

Explore costs at the $2,200,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$13,002 / monthAdjust

Down payment (%)Interest rate (%)Loan termMonthly property tax ($)Monthly insurance ($)Monthly HOA ($)

Principal & interest: $11,124
Property tax: $1,878
Insurance: Not entered
HOA: Not entered

Listing annual taxes: $22,534. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Automated value estimate $2,378,561

Estimated range $1,706,740–$3,050,382.

Automated estimates are not appraisals or guarantees of market value.

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Comparable properties 1 supplied

Sold Aug 7, 2026

$2,000,000

55 Willow Street

Photo-based condition insights

Overall presentation: poor

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About 19 Two Penny Ln

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Request a tour of 19 Two Penny Ln and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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Availability varies by property and source. Request the documents you need and we will help obtain what is available.

Bean Group · eXp Realty

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

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