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118 Prospect StGloucester, MA 01930

For Sale

$1,200,000

Smart Buyer Rebate $6,000

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.

Last updated September 15, 2026

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Source: MLSPin #73577195

Listing Facts

  • TypeSingle-family
  • NeighborhoodCentral Gloucester
  • Bedrooms3
  • Bathrooms3
  • Days on PrevuNew Today
  • Taxes$5,849/year
  • Size2,200 sqft
  • Price per sqft$545

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

09/15/2026
Listed by
$1,200,000
  1. 09/15/2026$1,200,000
    Listed by

Property Details for 118 Prospect St

Association

Amenities

  • Community Features: Pool, Tennis Court(s), Park, Golf

Exterior

Construction

  • Roof: Shingle
  • Window Features: Insulated Windows
  • Year Built: 1894
  • Year Built Details: Actual,Renovated Since
  • Architectural Style: Victorian
  • Exterior Features: Rain Gutters

Features

  • Fencing: Fenced
  • Patio And Porch Features: Porch, Patio
  • View: City
  • Waterfront Features: Ocean Front

Measurements

  • Building Area Total: 2,200
  • Building Area Units: Square Feet
  • Lot Features: Corner Lot, Landscaped
  • Lot Size Acres: 0.13
  • Lot Size Area: 0
  • Lot Size Square Feet: 5,765
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: M:0029 B:0021 L:0000,1895192
  • Tax Annual Amount: $5,849.00
  • Tax Assessed Value: $628,200.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Electric Water Heater, Range, Dishwasher, Microwave, Refrigerator, Freezer, Wine Refrigerator
  • Flooring: Wood, Tile
  • Interior Features: Walk-In Closet(s), Recessed Lighting

Measurements

  • Living Area: 2,200

Rooms

  • Basement: Full, Interior Entry, Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 3
  • Rooms Total: 6

Parking

Parking

  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Off Street, Paved
  • Parking Total: 2

Utilities

Equipment

  • Cooling: Heat Pump
  • Has Cooling: Yes
  • Electric: 220 Volts
  • Heating: Heat Pump
  • Has Heating: Yes
  • Laundry Features: Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 3 bedrooms and 3 bathrooms in this single-family home at 118 Prospect St.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 118 Prospect St.

What are the annual taxes for 118 Prospect St?

Annual taxes for this single-family home are estimated at $5,849.

How does 118 Prospect St compare to other single-family homes in Central Gloucester?

This single-family home is listed 51% above the average price for single-family homes in Central Gloucester and has been on the market for 60 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 2,200 sqft.

118 Prospect St is a 3-bedroom, 3-bath single-family home for sale in Gloucester MA 01930. Available on Prevu for 0 days at $1,200,000. This home features 2,200 square feet of living space, located in Central Gloucester. The median listing price for single-family homes in this area is $539,450. Property amenities include private outdoor space, dishwasher, parking, and swimming pool. View other single-family home listings in Gloucester.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.