For Sale

118 Prospect St, Gloucester, MA

Gloucester · MA 01930

$1,200,000
Price
3
Beds
2.5
Baths
2200
Sq. ft.

Overview

Property type: Single Family
Year built: Built in 1894
Lot size: 5,765 Sq.Ft Lot
Price per square foot: $545 / Sq.Ft
Parking: 2 Off Street Spaces
Heating & cooling: Heat, Gas, AC

About this home

Commanding a prominent presence in the heart of Gloucester’s historic Seaport, this stunning Victorian seamlessly blends timeless architectural character with exceptional modern updates. Tastefully renovated to the highest standards, this turnkey property preserves an abundance of original details while offering the efficiency, & amenities expected by today’s discerning buyer. Soaring ceilings & generously proportioned rooms create an elegant sense of scale throughout. The first-floor layout is perfectly suited to both day to day living and entertaining, with living & dining spaces flowing into a spacious kitchen featuring Café appliances, quartz counter tops, wine refrigerator & a striking marble backsplash. Upstairs, the palatial front-to-back primary suite offers a luxurious retreat, complete with a walk-in closet & spa-like bathroom featuring double vanity, shower & a soaking tub. A charming spiral staircase leads to the third floor turret room. Within the suite a bay window provides the perfect setting for an office or cozy reading nook. Thoughtful improvements include a new roof, Andersen high-efficiency windows, heat-pump water heater, heat-pump heating & cooling splits, red oak flooring, mahogany decking, and full insulation. The home also boasts a HERS rating, reflecting its enhanced energy efficiency. Exterior improvements include new landscaping with thoughtfully chosen plantings and trees, new sod, patio, cedar fencing, low voltage landscape lighting, expanded parking for two cars. New granite steps lead to the back yard and rear entrance, and repointed granite front steps lead to the original double entry doors, welcoming you into a home where historic elegance and modern sophistication come together effortlessly. Seller willing to partcipate in 2 1 rate buy down for buyer with the right offer.

Neighborhood & Transit

118 Prospect St, Gloucester · MA 01930

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Gloucester Commuter Rail 1 route 0.47 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
49 days
Listing Price:
$1,200,000
Price per Sq.Ft:
$545
Tax Assessment:
$628,200 in 2026
Taxes:
$487 / Monthly

Home Facts

Interior Features

Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,200 Sq.Ft
Broker Disclosure about Living Area
Square footage taken from floor plans
Kitchen
Main Floor, Open Floor Plan, Wine Chiller, Stone Countertops, Flooring - Hardwood, Main Level, Recessed Lighting, Remodeled, Lighting - Pendant, Dishwasher, Wine Chiller, Range, Microwave, Refrigerator, Freezer
Primary Bedroom
Floor 2, Full Bathroom, Walk-in Closet, Flooring - Hardwood, Recessed Lighting, En-suite bathroom
Laundry
Unknown
Living levels
Unknown
Rooms
6
Above grade area
2200
Flooring
Wood, Tile
Lead paint
Unknown

Utilities

Heating Type
Gas
Heating Zone
Unknown
Cooling
Heat Pump
Cooling Zones
Unknown
Water
City/Town Water
Sewer
City/Town Sewer
Electric Features
220 Volts

Exterior Features

Lot Size
5,765 Sq.Ft
Lot Description
Corner Lot
Exterior Features
City View(s), Porch, Patio, Gutters, Professional Landscaping, Fenced Yard

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
2 Parking Spaces, Off-Street, Paved Driveway

Construction Details

Construction Type
Unknown
Siding
Clapboard
Roof
Asphalt/Fiberglass Shingles

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Room details

Living room level
First Floor
Living room features
Flooring - Hardwood, Main Level, Recessed Lighting, Remodeled
Dining room level
First Floor
Dining room features
Flooring - Hardwood, Main Level, Recessed Lighting, Remodeled, Lighting - Pendant
Bedroom 2 level
Second Floor
Bedroom 2 features
Closet, Flooring - Hardwood, Recessed Lighting
Bedroom 3 level
Second Floor
Bedroom 3 features
Closet, Flooring - Hardwood, Recessed Lighting
Bathroom 1 level
Second Floor
Bathroom 1 features
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Bathroom - With Tub, Flooring - Stone/Ceramic Tile
Bathroom 2 level
Second Floor
Bathroom 2 features
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile

Listing information

Listing agent
Margaret Maher
Listing office
William Raveis R.E. & Home Services
MLS PIN #
73577195
Disclosure
Seller has never lived in the property. Property was renovated May-Sept 2026.
Disclosure
Square footage taken from floor plans