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163 Atlantic Road

Now Accepting Lottery Applications!

Important Documents

Sales Price

  • 3 Bedrooms: $301,400

Maximum Allowable Household Income

  • 1 Person Household: $78,300
  • 2 Person Household: $89,500
  • 3 Person Household: $100,700
  • 4 Person Household: $111,850
  • 5 Person Household: $120,800
  • 6 Person Household: $129,750

Overview:

This is a lottery for one affordable 3BR townhome at 163 Atlantic Road, a new subdivision of 11 homes located steps from the ocean and just minutes from Good Harbor Beach and downtown Gloucester. The affordably priced home contains 2,555 square feet and 5 bathrooms (3 full, 2 half). The townhome is a three-story residence which includes a deck with ocean views, a patio overlooking conservation land, an electric fireplace, and a single car attached garage. The interior features a laundry hook-up, two-zone gas heating system with air conditioning, and a tankless water heater. The kitchen includes stainless steel appliances and designer countertops. The exterior of the home is cedar shingle with clapboard and the yard is professionally landscaped. The homeowner is responsible for taxes, insurance, and all home utilities and maintenance. A fee of $365/month covers common area insurance, maintenance, landscaping, and snow removal. This home will be sold at an affordable price to households with incomes at or below 80% of the Area Median Income.

Units Remaining

  • 1

Key Dates

  • August 1, 2022: Recording of Information Session: https://youtu.be/tR_OP-MrXs4
  • August 29, 2022: Application Deadline: 100% complete applications must be submitted by 2pm
  • September 12, 2022: Lottery: 6:00pm via Zoom. Go to Zoom.com – Join – and enter Meeting ID: 857 2736 5609, Passcode: 276410 or join by conference call (425) 436-6200, Code: 862627