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$629,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 2,106 Sq. Ft.
  • 0.13 Acres
  • Updated 10 hours ago

Next open house:

Open House: 11:00 AM - 2:00 PM

Sunday 1/18 11:00 AM - 2:00 PM

118 Prospect St,Gloucester, MA 01930

118 Prospect StGloucesterMA01930

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Nestled at 118 Prospect St, Gloucester, MA, this Mansard Col. presents a unique opportunity to own a piece of history in a vibrant community, offering a canvas ready for your vision. Within this residence, discover 3-4 BR's thoughtfully positioned to create private retreats, offering a haven for rest and rejuvenation. The home includes 2 full Baths which offer essential fixtures. With 2106 square feet of living area spread across 2 stories, this property offers ample space to shape the layout of your dreams either as 2 fam. or large single family, while the 5660 square feet lot provides a setting for outdoor enjoyment. Constructed in 1894, this home carries with it a rich heritage, poised to blend timeless charm with modern aspirations. This Gloucester residence is a promising venture, ready for its transformation into a cherished home. 2 car paved off street parking. Newer gas heating and hot water systems. Waterview Cupola room! Close to all downtown Gloucester has to offer!

Full Property Details for 118 Prospect St

General

  • Price: $629,000
  • Taxes: $5,848 (2026)
  • Status: Active
  • Type: Single Family
  • MLS ID: 73468987
  • Updated: 1/15/2026
  • Added to Site: 1 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bathroom 1: First
  • Bathroom 2: Second

Bedrooms

  • Total Bedrooms: 4
  • Primary Bedroom: Second
  • Bedroom 2: Second
  • Bedroom 3: Second
  • Bedroom 4: Second

Other Rooms

  • Living Room: First
  • Kitchen: First
  • Dining Room: First

Parking

  • Parking Features: Paved Drive, Off Street, Paved

Location

  • County: Essex

Structural Information

  • Architectural Style: Colonial
  • Basement: Yes
  • Square Feet: 2,106
  • Year Built: 1894

Lot Features

  • Lot Size (Acres): 0.13

Financial Considerations

  • Tax Amount: $5,848.54
  • Tax Year: 2026

Disclosures and Reports

  • Disclosures/Rstr.: Property being sold in as is condition.
  • Property ID: 1895192

Listed by North Shore's Gold Coast Realty, Lane Team and Peter Lane

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Listing agents

— 118 Prospect St —

  • Lane Team

    North Shore's Gold Coast Realty

  • Peter Lane

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 118 Prospect St

School District:Gloucester School District
NameGradesDistance
Ralph B O'maley Middle School
32 Cherry Street, Gloucester, MA 01930
6-81.2 mi
Gloucester High School
32 L O Johnson Rd, Gloucester, MA 01930
9-120.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 118 Prospect St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/15/2026
Listed
$629,000
90.46%
MLS
8/28/2014
Sold
$330,250
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 118 Prospect St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,371
2%
$552,600
2%
2024
$5,274
-8%
$542,000
—
2023
$5,739
7%
$541,900
18%
2022
$5,372
3%
$458,000
10%
2021
$5,194
6%
$417,500
5%
2020
$4,920
8%
$399,000
11%
2019
$4,566
7%
$359,800
9%
2018
$4,253
6%
$328,900
9%
2017
$3,995
4%
$302,900
7%
2016
$3,838
2%
$282,000
2%
2015
$3,766
6%
$275,900
1%
2014
$3,559
—
$274,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 118 Prospect St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by North Shore's Gold Coast Realty, Lane Team and Peter Lane

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118 Prospect St, Gloucester, MA 01930 (MLS# 73468987) is a Single Family property with 4 bedrooms and 2 full bathrooms. 118 Prospect St is currently listed for $629,000 and was received on January 15, 2026. Want to learn more about 118 Prospect St? Do you have questions about finding other Single Family real estate for sale in Gloucester? You can browse all Gloucester real estate or contact a Coldwell Banker agent to request more information.

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