Active
36 Days on market
10 Old Penzance Rd. Rockport — Photo 1 of 42

10 Old Penzance Rd. Rockport — Photo 1 of 42

$2,900,000

10 Old Penzance Rd., Rockport, MA 01966

Rockport, MA 01966 — Thatcher's Island

Beds

3

Baths

3

SqFt

2,925

Style

Single Family

Built

1954

An exceptional waterfront offering on Cape Ann's celebrated coastline, this property is defined by its setting. Elevated above the Atlantic on one of Rockport's most desirable stretches of shoreline, it enjoys uninterrupted views of Thatcher Island and its historic twin lighthouses. The outlook spans open ocean, rugged coastline, and an ever-changing horizon.Natural light and sweeping water views define the spaces. From sunrise over the Atlantic to the evening glow of the twin lighthouses, the scenery is constantly changing. Sailboats cross the horizon, lobster boats work the coast, and the sound of the surf and shore birds provides a peaceful backdrop. Ocean-facing decks and a stone patio extend the living space outdoors, creating inviting places to relax or entertain.Thoughtfully positioned to take full advantage of its setting, the residence features an open living and dining room anchored by a substantial stone fireplace, with walls of glass framing the Atlantic. Each of the three bedrooms has an en suite bath, while the second-floor primary suite offers a cathedral ceiling and panoramic ocean views.Comfortable and understated, the home can be enjoyed immediately while offering the flexibility to update over time. Offered for the first time, it presents a rare opportunity to own one of Cape Ann's most compelling waterfront locations. Whether preserved, thoughtfully expanded, or reimagined as a signature coastal home, its lasting value lies in the land, elevation, and extraordinary connection to the sea.Despite its privacy, the location is remarkably convenient. Loblolly Beach is just 0.1 mile away, with Pebble Beach, Cape Hedge Beach, and Long Beach all within approximately one mile. Located in Rockport's sought-after South End, the property also offers easy access to the galleries, restaurants, and harbors of both Rockport and Gloucester. Properties of this caliber rarely become available. This is more than a home—it's an irreplaceable waterfront setting.

Immersive Experience

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$991/sqft
Local Avg (Rockport)$706/sqft
40% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Rockport, MA.

Property Details

Financials

Original Price$2,900,000
Annual Taxes$22,715

Parking

Garage1
Off-Street7

Interior Specifications

Total Rooms8
Fireplaces1
FlooringWood, Tile, Flooring - Wood
BasementPartial, Interior Entry, Garage Access, Concrete

Climate & Utilities

HeatingBaseboard, Oil
CoolingWall Unit(s)
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter, Block
ZoningR1

Property & Lot

Acres0.76
SqFt Lot33,279
Lot FeaturesWooded, Gentle Sloping, Sloped

Amenities & Appliances

Electric Water Heater • Range • Refrigerator • Washer • Dryer

Neighborhood

Shopping • Golf • Medical Facility • Conservation Area • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

Second
OfficeMaster BedroomBathroom 3
First
Bedroom 2Bedroom 3Bathroom 1Bathroom 2
Main,First
Living RoomDining RoomKitchen
Living Room
Lvl Main,First

Flooring - Wood, Open Floorplan, Slider

Dining Room
Lvl Main,First

Flooring - Wood, French Doors, Open Floorplan

Kitchen
Lvl Main,First

Flooring - Stone/Ceramic Tile, Balcony / Deck, Countertops - Upgraded

Office
Lvl Second
Master Bedroom
Lvl Second

Bathroom - Full, Beamed Ceilings, Vaulted Ceiling(s), Closet, Flooring - Wood, Balcony / Deck, Balcony - Interior, French Doors

Bedroom 2
Lvl First
Bedroom 3
Lvl First

Bathroom - 3/4, Closet, Flooring - Wood

Bathroom 1
Lvl First
Bathroom 2
Lvl First
Bathroom 3
Lvl Second

Property History

Listed
$2,900,000

Aug 4, 2026

MLS® 73558865

Expired
$3,999,000

Sep 6, 2025

MLS® 73352645

Listed
$3,999,000

Mar 7, 2025

MLS® 73352645

Population

7,009

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$96K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

31.7%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,925 sq ft principal dwelling). Lot size: 33,279 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Listing Provided By

Listing Agent: Nice To Be Home Group

Listing Office: RE/MAX Beacon

MLS® Number: 73558865

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