Active
101 Days on market
18 Traverse Street Gloucester — Photo 1 of 41

18 Traverse Street Gloucester — Photo 1 of 41

Recent Drop: $100,000

$999,000
$899,000

$899,000

18 Traverse Street, Gloucester, MA 01930

Gloucester, MA 01930 — East Gloucester

Investor Analysis

Beds

3

Baths

2

SqFt

1,430

Style

Single Family

Built

1955

East Gloucester beauty with an amazing new look and price! Enjoy one-level living in a highly desirable neighborhood, offering outstanding curb appeal on a gorgeous, beautifully manicured 14,000+ sq. ft. lot. The versatile floor plan includes a private au pair/in-law suite, ideal for extended family, guests or multi-generational living. The main house features 2 bedrooms and a full bath, plus a dining room that was formerly a 3rd bedroom and could easily be converted back. Enjoy outdoor entertaining and peaceful mornings on the expansive deck overlooking the lush green yard. Just around the corner from Bass Rocks Golf & Tennis Club, 1.2 miles to Good Harbor Beach, and minutes to historic Rocky Neck and the famous Back Shore! Bonuses include fully owned solar panels, a 1-car garage under, freshly painted interior and basement, newly stained and varnished h/w floors throughout, and move-in-ready condition for a quick close. Family-owned for over 53 years, this lovingly cared-for home is ready for its next chapter!

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$629/sqft
Local Avg (Gloucester)$516/sqft
22% AboveMarket Average

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

Property Details

Financials

Original Price$999,000
Annual Taxes$5,919

Parking

Garage1
Off-Street4

Interior Specifications

Total Rooms7
FireplacesNone
FlooringWood, Tile, Carpet, Hardwood
BasementPartial, Crawl Space, Walk-Out Access, Interior Entry, Garage Access, Concrete, Unfinished

Climate & Utilities

HeatingElectric Baseboard
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationBlock
ZoningR-20

Property & Lot

Acres0.32
SqFt Lot14,150
Lot FeaturesCleared, Gentle Sloping

Amenities & Appliances

Electric Water Heater • Water Heater • Range • Refrigerator • Washer • Dryer

Neighborhood

Tennis Court(s) • Golf • Marina

Geography

Floorplan Breakdown

Structural Layout

First
KitchenPrimary BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2
Main,First
Living RoomDining Room
Living Room
Lvl Main,First

Flooring - Wall to Wall Carpet, Exterior Access, Open Floorplan, Archway

Dining Room
Lvl Main,First

Closet, Flooring - Wall to Wall Carpet, Open Floorplan, Archway

Kitchen
Lvl First

Flooring - Stone/Ceramic Tile, Window(s) - Picture, Dining Area, Deck - Exterior, Exterior Access

Primary Bedroom
Lvl First

Closet, Flooring - Wall to Wall Carpet

Bedroom 2
Lvl First
Bedroom 3
Lvl First

Closet, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

Bathroom - Full

Bathroom 2
Lvl First

Bathroom - Full

Property History

Price Drop
$899,000

Was $949,000

Sep 18, 2026

MLS® 73534278

Price Drop
$949,000

Was $999,000

Jun 18, 2026

MLS® 73534278

Listed
$999,000

Jun 11, 2026

MLS® 73534278

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: 715 sq ft (the lesser of 900 sq ft or half the 1,430 sq ft principal dwelling). Lot size: 14,150 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: Lillian Lograsso

Listing Office: J. Barrett & Company

MLS® Number: 73534278

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