Active
171 Days on market
127-131 Eastern Point Blvd Gloucester — Photo 1 of 38

127-131 Eastern Point Blvd Gloucester — Photo 1 of 38

$4,595,000

127-131 Eastern Point Blvd, Gloucester, MA 01930

Gloucester, MA 01930 — Eastern Point

Beds

5

Baths

2.5

SqFt

2,757

Style

Single Family

Built

1999

Presenting a rare waterfront Eastern Pt compound spanning 3 contiguous parcels, ideally located between the yacht club and iconic lighthouse. This unique offering includes two single-family homes and a charming bunkhouse. 127 features a two-story, 2-BR home with a flexible first floor: 2 BRs, den, and screened porch which can comfortably host additional sleeping, and the stunning second-floor features an open-concept kitchen, dining, and living area with cathedral ceiling and a 30-foot wraparound deck. 129 is a single level, 3-BR bungalow with an updated kitchen, open living/dining, sunroom, and spacious wraparound deck. Completing the property, 131 has the delightful 11' x 15“ bunkhouse (has electricity, no plumbing), and is outfitted with 4 beds and a waterfront window that opens to an outdoor bar. A one-of-a-kind coastal retreat, with character and versatility - perfect for hosting family and guests. Attached is a feature sheet that provides detailed information about each parcel.

Key facts

It was listed on April 16, 2026. The annual property taxes are $32,085 (2026 tax year). It sits on a 0.21-acre (9,100 sq ft) lot.

Immersive Experience

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$1667/sqft
Local Avg (Gloucester)$651/sqft
156% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Gloucester, MA.

Property Details

Financials

Original Price$4,595,000
Annual Taxes$32,085

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms13
Fireplaces3
FlooringHardwood, Stone / Slate
BasementNone

Climate & Utilities

HeatingElectric Baseboard
CoolingNone
WaterPublic
SewerPrivate Sewer, Holding Tank

Building & Exterior

ConstructionFrame
RoofShingle
FoundationOther
ZoningRC-40

Property & Lot

Acres0.21
SqFt Lot9,100
Lot FeaturesFlood Plain

Amenities & Appliances

Range • Dishwasher • Refrigerator • Washer • Dryer

Geography

Questions about this home

When was 127-131 Eastern Point Blvd, Gloucester listed?

127-131 Eastern Point Blvd, Gloucester was listed on April 16, 2026.

Has the price of 127-131 Eastern Point Blvd, Gloucester changed?

The price hasn't changed since it was listed at $4,595,000.

What are the property taxes for 127-131 Eastern Point Blvd, Gloucester?

The annual property taxes for 127-131 Eastern Point Blvd, Gloucester are $32,085 (2026 tax year).

How big is the lot at 127-131 Eastern Point Blvd, Gloucester?

127-131 Eastern Point Blvd, Gloucester sits on a 0.21-acre (9,100 sq ft) lot.

What is the status of 127-131 Eastern Point Blvd, Gloucester?

127-131 Eastern Point Blvd, Gloucester is actively listed for sale.

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

1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '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: 900 sq ft (the lesser of 900 sq ft or half the 2,757 sq ft principal dwelling). Lot size: 9,100 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.

Listing Provided By

Listing Agent: Barbara Dugan

Listing Office: Engel & Volkers By the Sea

MLS® Number: 73503067