Gloucester, MA 01930 • East Gloucester - Good Harbor Beach
$500,000
Est. $2,661/month
4
Beds
2
Baths
1,184
Sq Ft
$422
Price/Sq Ft
0.71
Acres
1935
Year Built
Single Family Residence
Type
78
Days on Market
Closed
Listed Sep 29, 2025 • MLS# 73336090
About this home
Nestled on a generous lot, this property offers a unique chance for visionary buyers to create a dream home. Although the existing ranch-style home may be a teardown, the potential is remarkable. Positioned near both the renowned Good Harbor Beach and Long Beach, it blends seaside proximity with private street seclusion.The lot's charming pond adds scenic allure, though it falls within a flood zone, requiring insurance and flood-resilient design for new construction.Embrace the challenge and reward of designing a coastal haven in this treasured community. Additionally, there's potential for ocean views with an elevated structure.For those ready to create something spectacular, this property provides the canvas to bring your vision to life amidst Gloucester's tranquil and picturesque backdrop.
Sale Statistics
Sale Overview
Original List Price:$695,000
Final Sale Price:$500,000
Difference:
$195,000 (-28.1%)
Performance Metrics
71.9%
List to Sale Ratio
Sold below asking price
78
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:$587
Sale $/sq ft:$422
This property sold for $422 per square foot
Sale Summary
This property sold for 28.1% below the original asking price.
The property spent 78 days on market before selling.
Facts & Features
Property Overview
Property Type
Single Family Residence
Property Category
Residential
Year Built
1935
Bedrooms
4
Full Bathrooms
2
Living Area
1,184 sq ft
Total Rooms
7
Interior Features
Flooring
Wood, Laminate
Heating
Forced Air, Oil
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Electric Water Heater
Interior Features
Kitchen, Bathroom
Laundry Features
First Floor
Basement Details
Partial, Walk-Out Access, Dirt Floor
Exterior & Structure
Construction Materials
Frame
Architectural Style
Ranch
Roof
Shingle
Foundation
Block, Irregular
Foundation Area
1,056 sq ft
Exterior Features
Deck
Patio/Porch Features
Deck
Has Spa
No
Waterfront Features
Waterfront, Pond, Harbor, Ocean, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Waterfront Property
Yes
Lot & Land
Lot Size
0.71 acres
Lot Size
30,978 sq ft
Lot Size Area
0.7100
Lot Features
Flood Plain, Sloped
Road Frontage Type
Private Road
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 100 Amp Service
Community & HOA
Subdivision
Good Harbor Beach
Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station
HOA
No
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$5,702
Tax Year
2024
Tax Assessed Value
$586,700
Tax Lot
0000
Tax Block
0001
Tax Map Number
0179
Parcel Number
1902518
Zoning
R-10
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Buyer to do due diligence in regards to new construction.
