$1,650,000
Price
32,400 / 0.74
Lot Size / Acres

Description

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...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 Details for 5 Elm Avenue

Town
Gloucester
MLS Area
Eastern Point
Area
MA-Gloucester-Eastern Point, MA-Gloucester
LISTING UPDATED: 10/03/2025 03:09 AM

Property Details for 5 Elm Avenue

StatusActive
MLS #73391165
Days on Market183
Taxes$9,555 / year
HOA Fees-
Compass TypeLand
MLS TypeLand / Residential
Year Built-
CountyEssex County

Location

Listing Courtesy of Coldwell Banker Realty - Manchester, Scott Smith
Add your commute

Building Information for 5 Elm Avenue

Lot Size0.74 AC

Payment Calculator

$8,949 per month

30 year fixed, 6.28% Interest

Principal and Interest

$8,153

Property Taxes

$796

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5 Elm Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Shopping, Tennis Court, Walk/Jog Trails, Golf Course, Medical Facility, Conservation Area, Marina, T-Station
  • Waterfront: No
  • Water View: Yes
Location/School
  • Grade School: East Veterans
  • High School: Gloucester
  • Middle School: O'maley
Features
Interior Features
  • Bathrooms Total Integer: 0
Exterior Features
  • Lot Description: Easements, Wooded
  • View: Scenic View(s)
  • View: Yes
  • Waterfront Features: Harbor, 0 to 1/10 Mile To Beach, Beach Ownership(Private)
  • Waterview Features: Harbor
Utilities
  • Electric: At Street
  • Gas: Nearby
  • Sewer: Other (See Remarks)
  • Water: At Street
Property Information
Property Info
  • Perc Test: Y
  • Documents Available: Septic Design
  • Documents Count: 1
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Private Road
  • Disclosures: Subject to seller obtaining license to sell.
Tax Information
  • Tax ID: 1900494
  • Assessments: $982,000
  • Book: 22208
  • Lot: 21
  • Map: 136
  • Tax Year: 2025
  • Zoning: R-40
Building / Association Information
Complex & Association Information
  • Adult Community: No

Property History for 5 Elm Avenue

DateEvent & SourcePriceAppreciation
Sep 29, 2025

Price Change

MLS PIN #73391165

$1,650,000
Jun 15, 2025

Listed (Active)

MLS PIN #73391165

$1,800,000
May 31, 2025

Expired

MLS PIN #73315875

$1,800,000
Nov 26, 2024

Listed (Active)

MLS PIN #73315875

$1,800,000
DateEvent & SourcePrice
09/29/2025

Price Change

MLS PIN #73391165

$1,650,000
06/15/2025

Listed (Active)

MLS PIN #73391165

$1,800,000
05/31/2025

Expired

MLS PIN #73315875

$1,800,000
11/26/2024

Listed (Active)

MLS PIN #73315875

$1,800,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5 Elm Avenue

Taxable ValueLand$1,031,500Additions-Total$1,031,500
Tax Record2025$10,026 ($836 / month)
Home Facts
Beds0Lot Size32,400 SqFtStyleResidentialZoningRC-40CountyESSEXAPNGLOU M:0136 B:0021 L:0000

Schools near 5 Elm Avenue

This home is within Gloucester School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
East Veterans Elementary School
PublicK to 5

Ralph B O'Maley Innovation Middle School
Public6 to 8

Gloucester High School
Public9 to 12

Eastern Point Day School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5 Elm Avenue is a 0.74 ac of land for sale in Gloucester, MA 01930. This property was listed for sale on June 15, 2025 by Coldwell Banker Realty - Manchester, it's currently listed at $1,650,000. This listing's school district is Gloucester School District. Nearby schools include East Veterans Elementary School, Ralph B O'Maley Innovation Middle School and Gloucester High School. 5 Elm Avenue is a 0-bed, 0-bath, 0.74 ac of land on a 32,400 sq. ft. / 0.74 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Realty - Manchester, Scott Smith

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.