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7 Cove Way, Rust IslandGloucester, MA 01930Price: $2,595,000

  • Price: $2,595,000
  • Est. Mortgage of $/month
  • 23 Days on Market
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Federal 30-year interest rate: 6.81% last updated on Jun 18, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,595,000List Price
  • 4Bedrooms
  • 2Bathrooms
  • 0.84Acreage
  • 1,480Square Feet
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Listed by Amanda Armstrong of Compass
Occupying a prime waterfront site on the Annisquam River, this property has been newly reimagined to create a luxurious year-round compound. Studs-out renovation includes new kitchen and bathrooms, 5BR septic, town water, new wiring and plumbing. The two-level home maximizes its waterfront setting with walls of windows and expansive decks. The main level has a large primary bedroom, laundry, full bath, and kitchen opening to fireplaced living and dining area. The upper level has 3 bedrooms with river views, full bath and deck. Outside, the large lot has landscaped gardens, stone walkways, exclusive tidal dock, tidal beach and storage shed. A large one-bedroom apartment over the garage allows for guests or extra income, and the oversized heated garage has space for multiple cars and/or boat. A rare opportunity to enjoy multi-generational life on the water: set up your beach chair at low tide or float on a raft at high tide in your private cove and watch the river and boats flow by

Property Details of 7 Cove Way, Rust Island

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