Active
134 Days on market
53-55 Western Ave Gloucester — Photo 1 of 26

53-55 Western Ave Gloucester — Photo 1 of 26

Recent Drop: $300,000

$1,800,000
$1,500,000

$1,500,000

53-55 Western Ave, Gloucester, MA 01930

Gloucester, MA 01930

Beds

9

Baths

5.5

SqFt

4,628

Style

4 Family - 4 Units Up/Down

Built

1741

The Inn at Babson Court is a 1741 post & beam Colonial overlooking historic Gloucester Harbor and the Fisherman's Memorial. The property is currently used as an inn/multi family. Currently there are 3 "apartments" and 2 suites (no kitchen). Public record states 4 family. Exposed beams and historic charm throughout. Many possibilities exist for its future uses. Plenty of parking behind house including a 2 car garage (ADU?). 4-100amp electric service panels plus house meter. Common decks and patio, covered outside sitting area. Beach and harbor across the street!

Key facts

It was listed on May 23, 2026. The price has come down from an original $1,800,000 to $1,500,000, most recently on September 23, 2026. The annual property taxes are $11,818 (2026 tax year). It sits on a 0.13-acre (5,648 sq ft) lot.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$324/sqft
Local Avg (Gloucester)$519/sqft
38% BelowMarket Average

* Analysis is based on 17 actively listed and recently sold comparable properties strictly within Gloucester, MA.

Property Details

Financials

Original Price$1,800,000
Annual Taxes$11,818

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms18
Fireplaces1
FlooringWood
BasementPartial

Climate & Utilities

HeatingSteam, Oil
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionPost & Beam
RoofRubber
FoundationGranite
ZoningR-5

Property & Lot

Acres0.13
SqFt Lot5,648
Lot FeaturesFlood Plain

Amenities & Appliances

Range • Refrigerator

Geography

Property History

Price Drop
$1,500,000

Was $1,800,000

Sep 23, 2026

MLS® 73523157

Listed
$1,800,000

May 23, 2026

MLS® 73523157

Questions about this home

When was 53-55 Western Ave, Gloucester listed?

53-55 Western Ave, Gloucester was listed on May 23, 2026.

Has the price of 53-55 Western Ave, Gloucester changed?

The price has come down from an original $1,800,000 to $1,500,000, most recently on September 23, 2026.

What are the property taxes for 53-55 Western Ave, Gloucester?

The annual property taxes for 53-55 Western Ave, Gloucester are $11,818 (2026 tax year).

How big is the lot at 53-55 Western Ave, Gloucester?

53-55 Western Ave, Gloucester sits on a 0.13-acre (5,648 sq ft) lot.

What is the status of 53-55 Western Ave, Gloucester?

53-55 Western Ave, 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)

Listing Provided By

Listing Agent: Michael Beaton

Listing Office: Churchill Properties

MLS® Number: 73523157