5 Elm Avenue, Gloucester MA 01930
Gloucester, MA 01930 • Eastern Point
$1,595,000
$1,300,000
Est. $7,637/month
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About this home
Outstanding land opportunity on coveted Eastern Point. This prime parcel is beautifully positioned on Elm Avenue and has views of Gloucester Harbor, Dog Bar Breakwater and the distant Boston skyline. There is an appoved 5-bedroom septic system in hand, with water and electricity at the street. A short stroll will take you to multiple beaches, private clubs and conservation land with endless trails to explore. Downtown Gloucester is moments away with fine dining, galleries, boutiques and cultural attractions that make the city the hub of the North Shore.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
18.5%
Price Range
Property Timeline
Price Reduced
Jul 8, 2026
$1,300,000
$295,000
(-18.5%)
From $1,595,000 to $1,300,000 (-18.5%)
Listed for Sale
Apr 21, 2026
$1,595,000
Original listing
Agent: Scott Smith
Office: Coldwell Banker Realty - Manchester
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/08/2026 | ↓ Price Reduced | $1,300,000 | $295,000 | - | From $1,595,000 to $1,300,000 (-18.5%) |
| 04/21/2026 | 🏠 Listed for Sale | $1,595,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $10,364 | $1,113,200 |
Financial Details
Annual Property Tax
$10,364
Tax Year 2026
Assessed Value
$1,113,200
Facts & Features
Home Facts
Type
Land
Style
Residential
Lot Size
0.74 acres
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Utilities
Electric
At Street
Water
At Street
Sewer
Other
Gas
Nearby
Other
None
Financial
Annual Tax
$10,364
Assessed Value
$1,113,200
MA Disclosures
Seller Disclosures
Subject To Seller Obtaining License To Sell.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
Septic Design (1)
County
Essex
Total market time (incl. prior listings)
82 days
Property Overview
Property Type
Residential
Listing Type
For Sale
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Structure Type:
Exterior Materials:
Roof:
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
At Street
Sewer:
Other
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Easements, Wooded
Road Surface:
Parking & Garage
Parking Features:
Special Features
View:
Yes
View Type:
Scenic View(s)
Community Amenities:
Shopping, Tennis Court(s), Walk/Jog Trails, Golf, Medical Facility, Conservation Area, Marina, T-Station
Nearby Schools
School District
Gloucester School District local
C-
Where Graduates Go
Class of 2021
42%
attend college
31%
4-Year
11%
2-Year
17%
Out of State
14%
Working
School Safety
2024-25
1.9%
Average
1.9%
Suspensions
0.5%
In-School
3.6% below state avg
Elementary Schools
6 schools
Faith Christian School
3.2 mi
Grades PK-08
C
East Veterans Elementary School
2.3 mi
|
#651 of 824
|
Score: 38.2
Dropped 58 spots from last year
-20 below state avg
451 students
Diverse
Grades K-05
Gloucester PreSchool
2.8 mi
101 students
Moderate
Grades PK
C-
West Parish School
3.4 mi
|
#683 of 824
|
Score: 36.5
Dropped 245 spots from last year
-21.7 below state avg
382 students
Less Diverse
Grades K-05
C-
Beeman Memorial School
3.4 mi
|
#701 of 824
|
Score: 35.6
Dropped 172 spots from last year
-22.6 below state avg
292 students
Diverse
Grades K-05
B+
Plum Cove School
6.0 mi
|
#322 of 824
|
Score: 50.1
Improved 68 spots from last year
-8.1 below state avg
217 students
Less Diverse
Rising School
Grades K-05
Middle Schools
1 school
C+
Ralph B O'Maley Middle School
3.0 mi
|
#238 of 352
|
Score: 37.3
Improved 24 spots from last year
-20.9 below state avg
619 students
Moderate
Rising School
Grades 06-08
High Schools
1 school
C+
Gloucester High School
1.9 mi
|
#212 of 346
|
Score: 50.4
Improved 27 spots from last year
-7.8 below state avg
776 students
Moderate
17 sports
• 1,070 athletes
Rising School
Career Tech Programs
Strong Athletics
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
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Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$864
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
Eastern Point
5 Elm Avenue, Gloucester MA 01930
Gloucester, MA 01930
Listing Information
Listing Agent
Scott Smith
Listing Office
Coldwell Banker Realty - Manchester
Office Phone
978-526-7572
Agent MLS ID
C8001248
Office MLS ID
AN6220
Listing Data Updated
Jul 12, 2026 3:07 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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