498 Washington St Gloucester — Photo 1 of 42
Recent Drop: $100,000
$2,599,000
498 Washington St, Gloucester, MA 01930
Gloucester, MA 01930
Beds
4
Baths
4.5
SqFt
4,255
Style
Single Family
Built
2021
Exceptional waterfront living on the Mill River, this 2021-built contemporary home offers beautiful unobstructed riverfront views with glimpses extending toward Wingaersheek Beach and Ipswich Bay. Thoughtfully designed with 4 bedrooms and 4.5 baths, the home features an expansive open-concept layout centered around a dramatic great room that flows seamlessly onto a spacious deck, perfect for enjoying the ever-changing waterfront scenery. A chef’s kitchen with walk-in pantry anchors the main living space, complemented by high-end finishes and effortless indoor-outdoor living ideal for entertaining. Step outside to your private dock - an exceptional bonus - offering direct access to the Mill River for boating, kayaking, or paddleboarding right from your backyard. Additional highlights include a dedicated home office, oversized 2-car garage, and energy-efficient systems for modern comfort. A rare opportunity to own a nearly new waterfront home in a prime Gloucester location.
Key facts
It was listed on April 29, 2026. The price has come down from an original $3,200,000 to $2,599,000 across 3 changes, most recently on September 28, 2026. The annual property taxes are $15,984 (2026 tax year). It sits on a 0.24-acre (10,500 sq ft) lot.
Open Houses
Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Gloucester, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Oven • Dishwasher • Disposal • Range • Refrigerator • Washer • Dryer • Wine Refrigerator • Plumbed For Ice Maker
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Hardwood, Deck - Exterior, Open Floorplan, Recessed Lighting, Slider
Kitchen
Lvl FirstFlooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Gas Stove
Office
Lvl SecondFlooring - Hardwood, Recessed Lighting
Family Room
Lvl SecondPrimary Bedroom
Lvl SecondWalk-In Closet(s), Flooring - Hardwood, Balcony / Deck, Slider
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Hardwood, Recessed Lighting
Bedroom 4
Lvl SecondCloset, Flooring - Hardwood, Recessed Lighting
Bathroom 1
Lvl FirstBathroom - Tiled With Shower Stall, Recessed Lighting
Bathroom 2
Lvl SecondBathroom - Half, Recessed Lighting
Bathroom 3
Lvl SecondBathroom - Tiled With Shower Stall, Recessed Lighting
Property History
$2,599,000
Was $2,699,000
Sep 28, 2026
MLS® 73510015
$2,699,000
Was $2,995,000
Jul 10, 2026
MLS® 73510015
$2,995,000
Was $3,200,000
Jun 8, 2026
MLS® 73510015
$3,200,000
Apr 29, 2026
MLS® 73510015
Questions about this home
When was 498 Washington St, Gloucester listed?
498 Washington St, Gloucester was listed on April 29, 2026.
Has the price of 498 Washington St, Gloucester changed?
The price has come down from an original $3,200,000 to $2,599,000 across 3 changes, most recently on September 28, 2026.
What are the property taxes for 498 Washington St, Gloucester?
The annual property taxes for 498 Washington St, Gloucester are $15,984 (2026 tax year).
How big is the lot at 498 Washington St, Gloucester?
498 Washington St, Gloucester sits on a 0.24-acre (10,500 sq ft) lot.
What is the status of 498 Washington St, Gloucester?
498 Washington St, 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 4,255 sq ft principal dwelling). Lot size: 10,500 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 Agent: Atlee Alman
Listing Office: Vadala Real Estate
MLS® Number: 73510015
