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!
This home has been viewed 21 times
Last Checked: February 12th, 2026 at 5:29am (Source: MLS PIN #73468987)
Air Conditioning
Waterview
Lead Paint Free
General Information for 118 Prospect St, Gloucester MA 01930
Listing ID73468987
Property TypeSingle Family / Detached
Price$629,000 ($298.67/SqFt)
StyleColonial
CityGloucester
CountyEssex
Neighborhood(s)Ipswich
Garage Parking0
ZoningR5
Year Built1894
Year Built SourcePublic Records
Year Built DetailsActual
Handicap Access / Features0
Interior Features for 118 Prospect St, Gloucester MA 01930
Approximate Living Area Total2106
Living Area Includes BasementNo
Rooms8
Bedrooms4
Primary En Suite BathroomYes
BasementFull
CoolingSplit
Fireplaces
AppliancesRange
FlooringTile
Electric220 Volts
Exterior Features for 118 Prospect St, Gloucester MA 01930
Approximate Lot Size (Acres)0.13
Approximate Lot Size (Square Feet)5660
Total Parking2
Garage Parking0
WaterPublic
SewerPublic Sewer
Lot FeaturesGentle Sloping
Parking Features1
Exterior FeaturesPorch
Foundation Area1008
Foundation Materials
Construction MaterialsFrame
Road Frontage Type
Patio & PorchCovered
Roof MaterialAsphalt/fiberglass Shingles
Utility Connections
Water ViewsYes
Water Views FeaturesBay
Waterfront0
Waterfront FeaturesRiver
Pool Features
Horse Permitted0
Horse AmenitiesRiver
Disclosures for 118 Prospect St, Gloucester MA 01930
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Special Listing Conditions
ExclusionsNo
Compensation Based On
Financial Information for 118 Prospect St, Gloucester MA 01930
Association Fee
Association Fee Frequency
Association Fee Includes
Real Estate Tax5848.54
Tax Year2026
Assessed Value$628,200
Location Information for 118 Prospect St, Gloucester MA 01930
Middle SchoolO'maley
High SchoolGloucester
Neighborhood(s)Ipswich
Area AmenitiesWalk/jog Trails
Contact Information for 118 Prospect St, Gloucester MA 01930