Active

9 Days on market

5 Grapevine Rd Gloucester — Photo 1 of 17

$525,000

5 Grapevine Rd, Gloucester, MA 01930

Gloucester, MA 01930 — East Gloucester

Beds

Baths

SqFt

607

Style

Single Family

Built

1925

Cozy rustic 1 BR 1 BA year round Cottage in need of some updating but in prime East Gloucester neighborhood! Great location in an area of many multi-million dollar homes! Close to Niles Beach, Rocky Neck art galleries, shops, restaurants, boat marinas, Gloucester Stage Co. theater, Bass Rocks, Good Harbor Beach and Eastern Point! Owners have obtained approvals from Gloucester Zoning Board and Conservation Commission for your construction of an approximately 2968 Sq. Ft. 3-4 BR, 2.5 BA Craftsman style single family home featuring 1st floor primary BR and bath designed for age in place living! All utilities on site include city water, city sewer, natural gas, electric and cable. Renovate and expand existing cottage or build new depending on your needs!

Market Value Analysis

This Property

Size (SqFt) →Price →

This Property$865/sqft

Local Avg (Gloucester)$627/sqft

38% AboveMarket Average

* Analysis is based on 13 actively listed and recently sold comparable properties strictly within Gloucester, MA.

Financials

Original Price$525,000

Annual Taxes$4,255.6

Parking

Garage0

Off-Street1

Interior Specifications

Total Rooms4

Fireplaces1

FlooringWood, Vinyl, Flooring - Vinyl

BasementNone

Climate & Utilities

HeatingBaseboard, Natural Gas

CoolingNone

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame

RoofAsphalt/Composition Shingles

FoundationStone

ZoningR10

Property & Lot

Acres0.12

SqFt Lot5,245

Lot FeaturesGentle Sloping, Level

Amenities & Appliances

Gas Water Heater • Water Heater • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

First

Living RoomKitchenMaster BedroomBathroom 1

Living Room

Lvl First

13 x 15

Closet, Flooring - Wood, Exterior Access

Kitchen

Lvl First

7 x 14

Flooring - Wood

Master Bedroom

Lvl First

9.5 x 9.5

Flooring - Vinyl, Closet - Double

Bathroom 1

Lvl First

6.416666666 x 5.75

Bathroom - With Shower Stall, Flooring - Vinyl

Property History

Listed

$525,000

Aug 12, 2026

MLS® 73562301

Listed

$525,000

Apr 15, 2026

MLS® 73501679

Population

30,075

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$84K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

36.0%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 304 sq ft (the lesser of 900 sq ft or half the 607 sq ft principal dwelling). Lot size: 5,245 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Full Gloucester, MA market report ZIP 01930 market data

Listing Provided By

Listing Agent: Lane Team

Listing Office: North Shore's Gold Coast Realty

MLS® Number: 73562301