Active

Listed by: RE/MAX Northern Edge Realty LLC • Steve Grone

Price cut: $50K (9/28)

$499,000

2 Prospect Terrace, Gorham, NH 03581

5beds

3,320sqft

$3,900/mo

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Single Family Residence

Built in 1903

0.89 Acres Lot

$479,200 Zestimate^®

$150/sqft

$-- HOA

What's special

Breathtaking views overlooking gorhamRelaxing hot tubClassic hardwood floors throughout

Historic Queen Anne Victorian with Stunning Views on Appleton Hill Step into elegance with this beautiful five-bedroom, 2.5-bathroom Queen Anne Victorian. Listed on the National Register of Historic Places, this timeless home sits prominently on Appleton Hill, offering breathtaking views overlooking Gorham. The interior boasts classic hardwood floors throughout and features a relaxing hot tub. For ultimate convenience and storage, the property includes an attached garage/barn, complete with both a basement and an attic. Perfectly situated for outdoor enthusiasts, you are just minutes away from the area's best recreation, including skiing, snowmobiling, hiking, and ATV riding. Don't miss the chance to own a piece of local history!

54 days
1,029
125

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 1
3/4 bathrooms: 1
1/2 bathrooms: 1

Heating

Oil, Baseboard, Hot Water, Radiator

Cooling

None

Appliances

Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer, Water Heater off Boiler
Laundry: 1st Floor Laundry

Features

Ceiling Fan(s), Natural Woodwork
Flooring: Carpet, Hardwood, Softwood, Tile
Basement: Bulkhead,Climate Controlled,Unfinished,Interior Access,Interior Entry
Attic: Attic with Hatch/Scuttle

Interior area

Total structure area: 4,711
Total interior livable area: 3,320 sqft
Finished area above ground: 3,320
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Paved, Direct Entry, Attached
Garage spaces: 2

Features

Levels: 2.5
Stories: 2.5
Patio & porch: Covered Porch, Enclosed Porch
Has spa: Yes
Spa features: Heated
Has view: Yes
Frontage length: Road frontage: 10

Lot

Size: 0.89 Acres
Features: Sloped, Views, Wooded

Details

Additional structures: Barn(s)
Parcel number: GORHMU2L15
Zoning description: RA
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Victorian
Property subtype: Single Family Residence

Materials

Wood Frame, Clapboard Exterior, Wood Siding
Foundation: Brick, Concrete, Granite, Stone
Roof: Metal,Architectural Shingle

Condition

New construction: No
Year built: 1903

Utilities & green energy

Electric: 200+ Amp Service, Circuit Breakers
Sewer: Public Sewer
Utilities for property: Cable Available, Phone Available

Community & HOA

Community

Security: Hardwired Smoke Detector

Location

Region: Gorham

Financial & listing details

Price per square foot: $150/sqft
Tax assessed value: $585,220
Annual tax amount: $13,723
Date on market: 8/5/2026
Road surface type: Paved

Estimated market value

$479,200

$455,000 - $503,000

$3,110/mo

Price history

Date	Event	Price
9/28/2026	Price change	$499,000-9.1%$150/sqft
Source: PrimeMLS #5103421 Report a problem
8/5/2026	Listed for sale	$549,000-15.3%$165/sqft
Source: PrimeMLS #5103421 Report a problem
11/8/2022	Listing removed	--
Source: RE/MAX International Report a problem
6/8/2022	Listed for sale	$648,500+90.7%$195/sqft
Source: PrimeMLS #4914368 Report a problem
3/2/2017	Sold	$340,000-14.8%$102/sqft
Source: PrimeMLS #4498494 Report a problem
2/11/2017	Pending sale	$399,000$120/sqft
Source: Four Seasons Sotheby's International Realty #4498494 Report a problem
12/16/2016	Price change	$399,000-9.3%$120/sqft
Source: Four Seasons Sotheby's International Realty #4498494 Report a problem
6/20/2016	Listed for sale	$440,000+166.7%$133/sqft
Source: Four Seasons Sotheby's International Realty #4498494 Report a problem
9/3/2002	Sold	$165,000$50/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$12,830 +2.4%	$453,500 -11.2%
2023	$12,533 +1.2%	$510,500
2022	$12,380 +2.1%	$510,500 +49.9%
2021	$12,122 +11.8%	$340,500
2020	$10,845 -0.4%	$340,500 +5.6%
2019	$10,887 -7.5%	$322,400
2018	$11,771 +8.5%	$322,400 +0.9%
2017	$10,850 +69.3%	$319,600 +53%
2014	$6,409 +42.5%	$208,900 +11.2%
2010	$4,498 +10.6%	$187,800
2008	$4,068 -5.1%	$187,800 -12.9%
2007	$4,286	$215,500