New Listing
$1,200,000
 $6,442 est/mo Sourced by Back At You

118 Prospect St,Gloucester, MA 01930

Gloucester, MA 01930

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Description

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.

Details

MLS #73577195
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1894
Days On Site3
Listing Provided ByWilliam Raveis R.E. & Home Services | Margaret Maher

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet2,200
BasementY
ZoningR-5
Acreage0.13
Golf CourseYes
Water FrontYes
Property ViewYes

Interior

Rooms Total6
Cooling Yes / NoYes
CoolingHeat Pump
Heating Yes / NoYes
HeatingHeat Pump
Window FeaturesInsulated Windows
AppliancesElectric Water Heater, Range, Dishwasher, Microwave, Refrigerator, Freezer, Wine Refrigerator
Fireplaces Total0
Fireplace Yes / NoNo
FlooringWood, Tile

Exterior

Exterior FeaturesPorch, Patio, Rain Gutters, Professional Landscaping, Fenced Yard, City View(s)
RoofShingle
Foundation DetailsOther
Lot FeaturesCorner Lot
FencingFenced

Parking

Garage Yes / NoNo
Parking FeaturesOff Street, Paved
Open Parking Yes / NoYes

Utilities

Utilitiesfor Electric Range, for Electric Oven, for Electric Dryer
SewerPublic Sewer
Electric220 Volts

Taxes

Tax Annual Amount5849
Tax Assessed Value628200
Tax Year2026

Location

Community FeaturesPublic Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station
Senior Community Yes / NoNo

Area Information

StateMA
CountyEssex
CityGloucester
Zip Code01930
AreaEssex
Listing VS Median (in 01930)
Price:
$1,200,000
low | high
Med:
$599,900
100% of Average
sqft:
2,200
low | high
Med:
1,200
95.454545454545% of Average
$ / sqft:
$545
low | high
Med:
$500
58.348611111111% of Average
On site:
3
low | high
Med:
24
12.5% of Average
Sourced by Back At You

Market Activity 01930

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Learn More About This Property

StateMA
CountyEssex
CityGloucester
Zip Code01930
AreaEssex
Listing VS Median (in 01930)
Price:
$1,200,000
low | high
Med:
$599,900
100% of Average
sqft:
2,200
low | high
Med:
1,200
95.454545454545% of Average
$ / sqft:
$545
low | high
Med:
$500
58.348611111111% of Average
On site:
3
low | high
Med:
24
12.5% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $900K - $1.5M
sqft: 1,500 - 2,500
Listing Updated: September 15, 2026 at 11:00:19 AM PDT