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368 Essex Ave, Gloucester MA 01930

Gloucester, MA 01930 • West Gloucester
$1,499,000
$1,299,000
Est. $7,524/month
3.70
Acres
239
Days on Market
Active Price Drop -$200,000 Listed Nov 12, 2025 • MLS# 73454086 Copied! • Updated May 14, 2026

About this home

Investors, developers, and homesteading enthusiasts — take note! Rare opportunity to acquire a 3.7-acre parcel in highly desirable West Gloucester. Includes a spacious three-family home on 2.44 acres plus an additional 1.26-acre lot, sold together. The existing property offers immediate income potential with three units — ideal for multi-generational living or rental income. Beyond investment appeal, this land invites a self-sufficient, homesteading lifestyle: think gardens, chickens, fruit trees, and room to roam — all minutes from town. Zoned R20 with potential for 5 ANR lots (subject to buyer due diligence and approvals), the property also holds significant development potential. Whether you’re creating a private homestead or exploring subdivision opportunities, the possibilities are abundant. Don’t miss this unique chance to own a rare and versatile piece of land in prime Gloucester!

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Recently Sold Nearby

Property History

Market Insights

2
Price Changes
13.3%
Price Range

Property Timeline

Price Reduced
Apr 15, 2026
$1,299,000 $100,000 (-7.15%)
From $1,399,000 to $1,299,000 (-7.2%)
Price Reduced
Feb 7, 2026
$1,399,000 $100,000 (-6.67%)
From $1,499,000 to $1,399,000 (-6.7%)
🏠
Listed for Sale
Nov 12, 2025
$1,499,000
Original listing
Office: Churchill Properties

Tax History

Year Taxes Assessment
2024 $9,065 $931,700

Financial Details

Annual Property Tax
$9,065
Tax Year 2024
Assessed Value
$931,700

Facts & Features

Home Facts

Type Land
Style Residential
Lot Size 3.70 acres

Exterior

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

Utilities

Electric On-site
Water Public
Sewer Public Sewer, At Street
Gas Nearby
Other None
Annual Tax $9,065
Assessed Value $931,700
Seller Disclosures 368 Essex Ave And 368r Essex Ave (additional 1.26 Acres) Being Sold Together. Rear Lot Is Zoned R-30. Sellers Are Requesting A U&o. Unit 1 Tenant Occupied- Taw, No Photos Of Unit #2
Possession None
Accepted Financing None
Structure Type []
Documents None (1)
County Essex
Total market time (incl. prior listings) 317 days

Property Overview

Property Type
Residential
Listing Type
Land

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

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: Public
Sewer: Public Sewer, At Street
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Sloped, Wooded, Additional Land Available
Road Frontage: 450.00 ft
Road Surface:

Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

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 $755
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.

Location

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Neighborhood

West Gloucester

368 Essex Ave, Gloucester MA 01930

Gloucester, MA 01930

Listing Information

Listing Office Churchill Properties
Office Phone 978-515-7031
Agent MLS ID CN223997
Office MLS ID AN4955
Listing Data Updated May 14, 2026 3:05 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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