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.
For sale
$1,200,000
118 Prospect St, Gloucester, MA 01930
3beds
2,200sqft
Single Family Residence
Built in 1894
5,765 Square Feet Lot
$1,164,000 Zestimate®
$545/sqft
$-- HOA
What's special
Stunning victorianExceptional modern updatesTimeless architectural characterMahogany deckingLow voltage landscape lightingCedar fencingAbundance of original details
- 10 days
- 1,064
- 47
Zillow last checked:
Listing updated:
Listed by:
Margaret Maher 978-335-6846,
William Raveis R.E. & Home Services 978-704-9406
Source: MLS PIN,MLS#: 73577195
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting
- Level: Second
Bedroom 2
- Features: Closet, Flooring - Hardwood, Recessed Lighting
- Level: Second
Bedroom 3
- Features: Closet, Flooring - Hardwood, Recessed Lighting
- Level: Second
Primary bathroom
- Features: Yes
Bathroom 1
- Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Bathroom - With Tub, Flooring - Stone/Ceramic Tile
- Level: Second
Bathroom 2
- Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile
- Level: Second
Dining room
- Features: Flooring - Hardwood, Recessed Lighting, Remodeled, Lighting - Pendant
- Level: Main,First
Kitchen
- Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Remodeled, Wine Chiller, Lighting - Pendant
- Level: Main,First
Living room
- Features: Flooring - Hardwood, Recessed Lighting, Remodeled
- Level: Main,First
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Electric Water Heater, Range, Dishwasher, Microwave, Refrigerator, Freezer, Wine Refrigerator
- Laundry: Second Floor, Electric Dryer Hookup
Features
- Flooring: Wood, Tile
- Doors: Insulated Doors
- Windows: Insulated Windows
- Basement: Full,Interior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,200
- Total interior livable area: 2,200 sqft
- Finished area above ground: 2,200
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Off Street, Paved
- Uncovered spaces: 2
Features
- Patio & porch: Porch, Patio
- Exterior features: Porch, Patio, Rain Gutters, Professional Landscaping, Fenced Yard, City View(s)
- Fencing: Fenced
- Has view: Yes
- View description: City
- Waterfront features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 5,765 Square Feet
- Features: Corner Lot
Details
- Parcel number: M:0029 B:0021 L:0000,1895192
- Zoning: R-5
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subtype: Single Family Residence
Materials
- Foundation: Other
- Roof: Shingle
Condition
- Year built: 1894
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range, for Electric Oven, for Electric Dryer
Community & HOA
Community
- Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station
HOA
- Has HOA: No
Location
- Region: Gloucester
Financial & listing details
- Price per square foot: $545/sqft
- Tax assessed value: $628,200
- Annual tax amount: $5,849
- Date on market: 9/22/2026
Estimated market value
$1,164,000
$1.11M - $1.22M
$4,060/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2026 | Listed for sale | $1,200,000+106.9%$545/sqft |
Source: MLS PIN #73577195 Report a problem | ||
| 2/11/2026 | Sold | $580,000-7.8%$264/sqft |
Source: MLS PIN #73468938 Report a problem | ||
| 1/21/2026 | Contingent | $629,000$286/sqft |
Source: MLS PIN #73468938 Report a problem | ||
| 1/15/2026 | Listed for sale | $629,000+90.5%$286/sqft |
Source: MLS PIN #73468938 Report a problem | ||
| 8/28/2014 | Sold | $330,250-2.6%$150/sqft |
Source: Public Record Report a problem | ||
| 6/28/2014 | Listed for sale | $339,000+171.2%$154/sqft |
Source: North Shore's Gold Coast Realty #71706533 Report a problem | ||
| 5/3/1990 | Sold | $125,000$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,274 | $542,000 |
| 2024 | $5,274 -8.1% | $542,000 +0% |
| 2023 | $5,739 | $541,900 |
| 2022 | $5,739 +10.5% | $541,900 +29.8% |
| 2021 | $5,194 +5.6% | $417,500 +4.6% |
| 2020 | $4,920 +7.8% | $399,000 +10.9% |
| 2019 | $4,566 +7.4% | $359,800 +9.4% |
| 2018 | $4,253 +6.5% | $328,900 +8.6% |
| 2017 | $3,995 +4.1% | $302,900 +7.4% |
| 2016 | $3,838 +1.9% | $282,000 +2.2% |
| 2015 | $3,766 +5.8% | $275,900 +0.6% |
| 2014 | $3,559 -9.1% | $274,200 -11.6% |
| 2013 | $3,915 +1.7% | $310,200 -1.9% |
| 2012 | $3,850 +6.1% | $316,100 -1.5% |
| 2011 | $3,629 +0.2% | $320,900 -7.1% |
| 2010 | $3,623 +0.4% | $345,400 -8.1% |
| 2009 | $3,607 +1.7% | $375,700 -3.6% |
| 2008 | $3,545 +4.1% | $389,600 -1.5% |
| 2007 | $3,405 -0.8% | $395,500 |
| 2006 | $3,433 +15.9% | $395,500 +20.1% |
| 2005 | $2,961 +4.7% | $329,400 +11.9% |
| 2004 | $2,829 -1.1% | $294,400 +12.7% |
| 2003 | $2,860 +8.5% | $261,200 +31.5% |
| 2001 | $2,635 +24% | $198,600 +41.1% |
| 1999 | $2,125 | $140,800 |
Find assessor info on the county website
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Neighborhood: 01930
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