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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 coveted stretches of shoreline, it commands uninterrupted views of Thatcher Island and its historic twin lighthouses. The perspective is remarkable, encompassing open ocean, rugged coastline, and an ever-changing horizon. Natural light and expansive water views shape the experience throughout the home. From first light over the Atlantic to the evening glow of the twin lighthouses, the landscape is in constant motion. Sailboats trace the horizon, lobster boats work the coastline, seabirds ride the ocean breezes, and the sound of the surf provides a quiet, enduring backdrop. Broad ocean-facing decks and a stone patio extend the living spaces outdoors, offering intimate places to gather or observe the sea. The residence was thoughtfully positioned to capture its extraordinary surroundings. An open living and dining room centers on a substantial stone fireplace, while walls of glass frame the Atlantic beyond. Each of the three bedrooms includes an en suite bath, and the second-floor primary suite is distinguished by a cathedral ceiling and commanding views that extend well beyond the shoreline. Comfortable and understated, the home offers an immediate opportunity to enjoy this exceptional location while preserving the flexibility to reimagine the property over time. Offered for the first time, the property presents a rare opportunity to steward one of Cape Ann's most compelling waterfront sites. Whether preserved, carefully expanded, or re-envisioned as a significant coastal residence, the enduring value lies in the land, the elevation, and the extraordinary relationship to the sea. Despite its remarkable privacy, the location is exceptionally convenient. Loblolly Beach is just 0.1 mile away, with Pebble Beach, Cape Hedge Beach, and Long Beach all within approximately one mile. Set on Rockport's highly regarded South End, where painters have long found inspiration and the Atlantic defines daily life, the property also enjoys convenient access to the galleries, restaurants, and harbors of both Rockport and Gloucester. Properties of this caliber rarely become available. It is not simply the home being offered, but an irreplaceable waterfront setting. Videos @ 10oldpenzance.com

More Info

Basic Information

  • Bedrooms3
  • Mls StatusNew
  • Bathroom3
  • Listing Terms Contract
  • Lot Features Wooded, Gentle Sloping, Sloped
  • Parcel Number 2120885

Tax Information

  • Tax Assessed Value $2,685,100
  • Tax Year 2026
  • Taxes$22,715

School Information

  • High School Rockport
  • Elementary SchoolRockport
  • High SchoolRockport
  • Junior HighRockport

Parking

  • Parking Spaces7
  • Covered Spaces 1
  • Garage YN Yes
  • Parking Features Under, Off Street

Rooms

  • Bathroom 1 First
  • Bathroom 2 First
  • Bathroom 3 Second
  • Bathrooms Total Decimal 3
  • Bedroom 2 First
  • Bedroom 3 First
  • Dining Room Main, First
  • Full Bath3
  • Kitchen Main, First
  • Living Room Main, First
  • Master Bedroom Second
  • Office Second

Basic Information

  • List Price$2,900,000
  • MLS Number73558865
  • Modification Date08/04/2026
  • Property SubTypeSingle Family Residence

Location

  • NeighborhoodThatcher's Island
  • SubdivisionThatcher's Island
  • Address10 Old Penzance Road
  • Building Number10
  • CountyEssex
  • StateMA
  • StreetOld Penzance Road
  • TownRockport
  • Zip01966

Building

  • Attached Garage YN Yes
  • BasementPartial, Interior Entry, Garage Access, Concrete
  • Building Area Units Square Feet
  • Construction Materials Frame
  • Door Features French Doors, Insulated Doors
  • FireplaceYes
  • Fireplace Features Living Room
  • Fireplaces Total 1
  • FoundationConcrete Perimeter
  • Garage Spaces1
  • Patio And Porch Features Deck - Wood, Patio
  • Property StyleContemporary
  • Rooms8
  • Utilities For Gas Range, For Electric Dryer, Washer Hookup
  • Window Features Insulated Windows
  • Year Built1954
  • Year Built Details Approximate, Renovated Since
  • Year Built Source Public Records

Property

  • Acreage0.76

Interior

  • Flooring Wood, Tile, Flooring - Wood
  • Interior Features Bonus Room, Home Office

Exterior

  • Exterior Features Deck - Wood, Patio, Balcony
  • RoofShingle

Utilities

  • Cooling Wall Unit(s), Heat Pump, 3 or More
  • Cooling YN Yes
  • Electric Circuit Breakers,200+ Amp Service
  • Heat SystemYes
  • Heating Baseboard, Oil
  • Sewer Private Sewer
  • Water Source Public

Property Information

  • Square Feet2,925
  • Building Area Source Public Records
  • Living Area 2,925
  • Lot Size Square Feet 33,279
  • Lot Size Units Acres
  • View YN Yes

Amenities

  • Amenities
    • Conservation Area
    • Golf
    • Highway Access
    • House of Worship
    • Medical Facility
    • Public School
    • Shopping
    • T-Station
  • Appliances IncludedRange, Refrigerator, Washer, Dryer

Water Body

  • Miles to Beach0.1
  • WaterfrontYes
  • Waterfront Features Waterfront, Ocean, Ocean, Walk to,0 to 1/10 Mile To Beach, Beach Ownership(Public)

Other

  • Date Listed08/04/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Nice to be Home Group of RE/MAX Beacon

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