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5 Elm Avenue, Gloucester MA 01930

Gloucester, MA 01930 • Eastern Point
$1,650,000
Est. $9,340/month
0.74
Acres
Residential
Type
173
Days on Market
Active Price Drop -$150,000 Listed Jun 15, 2025 • MLS# 73391165 Copied!

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.

Property Overview

Property Type
Residential
Listing Type
Land

Facts & Features

Home Facts

Type Land
Style Residential
Lot Size 0.74 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric At Street
Water At Street
Sewer Other
Gas Nearby
Other None

Financial

Annual Tax $9,555
Assessed Value $982,000
HOA Yes

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

Location

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Neighborhood

Eastern Point

5 Elm Avenue, Gloucester MA 01930

Gloucester, MA 01930

Walkability

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Schools

Elementary School
East Veterans
Rating information coming soon
Middle School
O'maley
Rating information coming soon
High School
Gloucester
Rating information coming soon

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $796
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

Interest
Principal
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.

Property History

Property Timeline

🏠
Listed for Sale
Jun 15, 2025
$1,650,000
Original listing
Office: Coldwell Banker Realty - Manchester

Price & Status History

Date Event Price Change
Jun 15, 2025 New Listing Added $1,650,000 —

Market Statistics

Days on Market
173 days
Price per Sq Ft
$—
Total Price Drop
-$150,000

Tax History

Year Taxes Assessment
2025 $9,555 $982,000

Financial Details

Annual Property Tax
$9,555
Tax Year 2025
Assessed Value
$982,000

Listing Information

Listing Agent Scott Smith
Listing Office Coldwell Banker Realty - Manchester
Agent MLS ID C8001248
Office MLS ID AN6220
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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5 Elm Avenue, Gloucester MA 01930 - Photo 1 5 Elm Avenue, Gloucester MA 01930 - Photo 2 5 Elm Avenue, Gloucester MA 01930 - Photo 3 5 Elm Avenue, Gloucester MA 01930 - Photo 4 5 Elm Avenue, Gloucester MA 01930 - Photo 5 5 Elm Avenue, Gloucester MA 01930 - Photo 6 5 Elm Avenue, Gloucester MA 01930 - Photo 7 5 Elm Avenue, Gloucester MA 01930 - Photo 8 5 Elm Avenue, Gloucester MA 01930 - Photo 9 5 Elm Avenue, Gloucester MA 01930 - Photo 10 5 Elm Avenue, Gloucester MA 01930 - Photo 11 5 Elm Avenue, Gloucester MA 01930 - Photo 12 5 Elm Avenue, Gloucester MA 01930 - Photo 13 5 Elm Avenue, Gloucester MA 01930 - Photo 14 5 Elm Avenue, Gloucester MA 01930 - Photo 15 5 Elm Avenue, Gloucester MA 01930 - Photo 16 5 Elm Avenue, Gloucester MA 01930 - Photo 17 5 Elm Avenue, Gloucester MA 01930 - Photo 18

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