Residential at 5 Elm Avenue, Gloucester MA 01930, Gloucester
Residential at 5 Elm Avenue, Gloucester MA 01930, Gloucester, photo 2 of 11
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Residential at 5 Elm Avenue, Gloucester MA 01930, Gloucester, photo 5 of 11
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Residential at 5 Elm Avenue, Gloucester MA 01930, Gloucester, photo 11 of 11
11 photos

$1,300,000

5 Elm Avenue, Gloucester MA 01930
Gloucester, MA 01930
Listed by Scott Smith
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

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.

Highlights

View

Property details

MLS #
73504591
Property type
Residential
Subdivision
N/A
Status
Active
Days on market
170
On market date
April 21, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.74 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
East Gloucester Elementary
1.72 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
167
Student:teacher ratio
9.8:1
District
Gloucester
Middle
Ralph B O'Maley Middle
2.95 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
630
Student:teacher ratio
11.3:1
District
Gloucester
High
Gloucester High
1.93 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
830
Student:teacher ratio
10.5:1
District
Gloucester

Walkability

Blended score for Gloucester's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

59
Somewhat walkable
out of 100
EPA National Walkability Index
12.8 / 20 -- Above average walkable
Google Places amenity density
50 / 100
Restaurants & cafes4
Grocery stores0
Parks4
Schools3
Transit stops8
Pharmacies0

Market position

How this listing compares to current activity in Gloucester, from live MLS data.

On the market 170 days -- 63 more days than Gloucester's current average of 107 days.
For reference, the median list price across 238 active listings in Gloucester right now is $599,000.

Mortgage calculator

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Est. monthly payment
$7,979/mo
$260,000 down
$1,040,000 loan
Principal & interest$6,745
Property tax (est.)$1,083
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated July 12, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.