5 Babson St # 1, Gloucester MA 01930

Gloucester, MA 01930
$949,000
Est. $6,241/month
2
Beds
2
Baths
2,279
Sq Ft
$416
Price/Sq Ft
1.19
Acres
1900
Year Built
2
Parking
6 hours 45 minutes
Time on Market
Active Listed Jul 29, 2026 • MLS# 73556151 Copied! • Updated Jul 29, 2026

About this home

Discover a truly special coastal urban living experience at 5 Babson St. Unit 1. Sited on private 1.19 acre hilltop lot surrounded by woods and yard overlooking Gloucester Harbor, Ten Pound Island and City! Spacious attractive 2 BR 2 BA 1st floor 1 level condo comprising 2279 SF living area with many original features retained including built ins, hw floors, wainscotting, and 2 working fireplaces (1 gas in LR, 1 wood in MBR). Step inside this former sea captain's home to the kitchen w/granite breakfast bar, ss appliances and breakfast nook which seamlessly integrates into an open floor plan with the living room, creating an inviting space perfect for entertaining and daily life! With 2 BR's and 2 ensuite baths, this 1st floor residence offers comfortable and well-appointed living spaces. Formal DR with French doors and harbor views. Huge primary BR suite with fireplace, hw floors, large sitting area, original wood beam ceilings, water views, primary bath, and walk in closet. Step outside to discover an inviting oversized mahogany deck for enjoying meals al fresco or relax on the charming front porch! The distinguished Mansard roof adds a touch of architectural elegance to this remarkable property. Separate exclusive entrance for unit 1! Deeded 2 car off street parking plus guest parking. Ample basement storage! Pet Friendly! 3 total units all owner occupied. Embrace the opportunity to make this condo your own and schedule a private showing today! Well located for easy access to Stacy Boulevard, downtown Gloucester restaurants and shopping, Beauport Hotel, Stage Fort Park, and 3 harbor beaches!

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Property History

Property Timeline

🏠
Listed for Sale
Jul 29, 2026
$949,000
Original listing
Agent: Lane Team Office: North Shore's Gold Coast Realty

Tax History

Year Taxes Assessment
2026 $7,849 $843,100

Financial Details

Annual Property Tax
$7,849
Tax Year 2026
HOA Fee
$588
Monthly
Assessed Value
$843,100

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 2,279 sq ft
Lot Size 1.19 acres
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Steam, Oil, Individual, Unit Control, Leased Propane Tank
Cooling None
Flooring Tile, Vinyl, Carpet, Hardwood, Flooring - Stone/ceramic Tile
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace Living Room, Master Bedroom
Fireplaces 2
Basement Y
Laundry In Unit
Features Closet, Entry Hall

Exterior

Construction Frame
Architecture None
Roof Shingle, Rubber
Features Porch, Deck - Wood
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck - Wood
Features Off Street, Deeded, Guest, Stone/gravel, Paved
Total Spaces 2
Electric 220 Volts, Circuit Breakers, 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $7,849
Assessed Value $843,100

HOA & Community

HOA Fee $588 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
Amenities None
Optional Fee Includes None
Owner-Occupied Units 3
Pets Yes
Seller Disclosures Subject To Seller Finding Suitable Rental Housing Prior To Closing. Some Basement Heat Pipes Have Encapsulated Wrapped Asbestos On Them.
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 1
Sq Ft Source Public Record
Documents Master Deed, Unit Deed, Rules & Regs, Master Plan, Management Association Bylaws, Floor Plans (6)
County Essex

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
2
Full Bathrooms
2
Living Area
2,279 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Floor Layout

Interior Features

Flooring: Tile, Vinyl, Carpet, Hardwood, Flooring - Stone/Ceramic Tile
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features: Closet, Entry Hall
Windows: Insulated Windows
Basement: Y
Laundry: In Unit
Security:

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 1996
Structure Type: Garden
Exterior Materials: Frame
Roof: Shingle, Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Steam, Oil, Individual, Unit Control, Leased Propane Tank
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Deck - Wood
Patio & Porch: Porch, Deck - Wood
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Deeded, Guest, Stone/Gravel, Paved

Special Features

Fireplaces: 2
Fireplace Type: Living Room, Master Bedroom
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station
School District
Gloucester School District local
C-
🎓 Where Graduates Go Class of 2021
42% attend college
31% 4-Year 11% 2-Year 17% Out of State 14% Working
School Safety 2024-25
1.9% Average
1.9% Suspensions 0.5% In-School
3.6% below state avg
E

Elementary Schools

6 schools
Faith Christian School
1.5 mi
Grades PK-08
C
East Veterans Elementary School
1.2 mi | #651 of 824 | Score: 38.2
Dropped 58 spots from last year
-20 below state avg
451 students Diverse
Grades K-05
Gloucester PreSchool
1.3 mi
101 students Moderate
Grades PK
C-
Beeman Memorial School
1.7 mi | #701 of 824 | Score: 35.6
Dropped 172 spots from last year
-22.6 below state avg
292 students Diverse
Grades K-05
C-
West Parish School
2.2 mi | #683 of 824 | Score: 36.5
Dropped 245 spots from last year
-21.7 below state avg
382 students Less Diverse
Grades K-05
B+
Plum Cove School
4.3 mi | #322 of 824 | Score: 50.1
Improved 68 spots from last year
-8.1 below state avg
217 students Less Diverse
Rising School
Grades K-05
M

Middle Schools

1 school
C+
Ralph B O'Maley Middle School
1.2 mi | #238 of 352 | Score: 37.3
Improved 24 spots from last year
-20.9 below state avg
619 students Moderate
Rising School
Grades 06-08
H

High Schools

1 school
C+
Gloucester High School
0.3 mi | #212 of 346 | Score: 50.4
Improved 27 spots from last year
-7.8 below state avg
776 students Moderate
17 sports • 1,070 athletes
Rising School Career Tech Programs Strong Athletics
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $654
Homeowners Insurance $200
HOA Fee $588/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

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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

5 Babson St # 1, Gloucester MA 01930

Gloucester, MA 01930

Listing Information

Listing Agent Lane Team
Listing Office North Shore's Gold Coast Realty
Office Phone 978-283-4440
Agent MLS ID TEAM0293
Office MLS ID C95247
Listing Data Updated Jul 29, 2026 6:20 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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