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$1,250,000
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Property 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 attractions that make the city the hub of the North Shore.
Full Property Details
Full Property Details for 5 Elm Ave
General
- Sold For: $1,250,000
- Taxes: $10,364 (2026)
- Status: Closed
- Type: Land Residential
- Source: MLSPin
- MLS ID: 73504591
- Added to Site: 185 day(s) ago
Location
- Area: Eastern Point
- County: Essex
- Driving Directions: Eastern Point Boulevard to Fort Hill Avenue to Elm Avenue
School Information
- Elementary School: East Veterans
- Middle School: O'maley
- High School: Gloucester
Community
- Association: Yes
Utilities
- Gas: Nearby
- Sewer: Other
- Water: At Street
Lot Features
- Lot Size (Acres): 0.74
- Lot Dimensions: .74
- Frontage: Private Road
- Lot Features: Easements, Wooded
Water Features
- Water Front Desc.: Harbor, 0 to 1/10 Mile To Beach, Beach Ownership(Private)
Financial Considerations
- Tax Amount: $10,364
- Tax Year: 2026
Disclosures and Reports
- Documents Avail.: Septic Design
- Disclosures/Rstr.: Subject to seller obtaining license to sell.
- Perc Report: Y
- Property ID: 1900494
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Schools
Schools serving 5 Elm Ave
School District:Gloucester School District
| Name | Grades | Distance |
|---|---|---|
Ralph B O'maley Middle School 32 Cherry Street, Gloucester, MA 01930 | 6-8 | 3 mi |
Gloucester High School 32 L O Johnson Rd, Gloucester, MA 01930 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5 Elm Ave
Date
Details
Price
Change
Source
10/20/2026
Sold
$1,250,000
-3.85%
MLS
7/08/2026
Price Reduced
$1,300,000
-18.5%
MLS
4/21/2026
Listed
$1,595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5 Elm Avenue, Gloucester, MA 01930 (MLS# 73504591) is a Land Residential property that was sold at $1,250,000 on October 20, 2026. This property was listed by Scott Smith from our Manchester, MA Office.Want to learn more about 5 Elm Avenue? Do you have questions about finding other Land Residential real estate for sale in Gloucester? You can browse all Gloucester real estate or contact a Coldwell Banker agent to request more information.


