Check Availability
$1,300,000
● Land - In Contract

5 Elm Avenue

Gloucester, MA 01930
bedrooms
Studio
bathrooms
0 Bath
$7,247
Est. Monthly

About This Property

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.
Unit Size
-
Days on Market
-
Land Size
0.74 acres
Price per sqft
-
Property Type
Land
Property Taxes
$864
HOA Dues
-
Year Built
-

Listed By

Scott Smith
Coldwell Banker Realty - Manchester

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (MLSPIN #73504591)

Price History

Date / Event Date Event Price
Aug 22, 2026 In contract -
In contract
Jul 8, 2026 Price Decreased $1,300,000
↓ $295K (18.5%)
Price Decreased
Apr 21, 2026 Listed by Coldwell Banker Realty - Manchester $1,595,000
Listed by Coldwell Banker Realty - Manchester
Feb 5, 2026 No longer available -
No longer available
Jan 4, 2026 Relisted $1,650,000
Relisted
Show More

Property Highlights

Exterior Details
Waterfront Features: Harbor, 0 to 1/10 Mile To Beach, Beach Ownership(Private)
Building Area Units: Square Feet
Lot Features: Wooded, Easements
Lot Size Area: 0.74
Lot Size Units: Acres
Lot Size Acres: 0.74
Lot Size Square Feet: 32400
Tax Lot: 21
Water Source: At Street
Financial Details
Tax Map Number: 136
Tax Assessed Value: $1,113,200
Tax Annual Amount: $10,364
Utilities Details
Sewer : Other

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,400
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000744
  • Standard Land Use Code: 8001
  • County Land Use Code: 130

Neighborhood

  • School District Name: Gloucester School District
  • School Tax School District: GLOUCESTER SD
  • Census Tract: 221300

Zoning

  • Zoning: RC-40

Geography

  • Parcel: GLOU M:0136 B:0021 L:0000
  • Block: 21
  • Municipality: GLOUCESTER
  • Latitude: 42.5876
  • Longitude: -70.6606

    Address

  • Full Address: 5 Elm Ave
  • Address - House Number: 5
  • Address - Street Name: Elm
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C023
  • 4-Digit Zip Code: 4406
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $955,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $982,000
  • Assessed Land Value: $982,000
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Gloucester


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 5 Elm Avenue built and last sold?
The property at 5 Elm Avenue was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5 Elm Avenue is $1,313,000.
What are some comparable homes to 5 Elm Avenue?
There are currently no comparable homes to 5 Elm Avenue.