Active
391 Days on market
263 East Main Street Gloucester — Photo 1 of 36

263 East Main Street Gloucester — Photo 1 of 36

Recent Drop: $750,000

$3,700,000
$2,950,000

$2,950,000

263 East Main Street, Gloucester, MA 01930

Gloucester, MA 01930

Investor Analysis

Beds

4

Baths

2.5

SqFt

2,500

Style

Single Family

Built

1988

OPEN HOUSE SATURDAY SEPT 19TH FROM 2:30 - 4. EXCEPTIONAL OPPORTUNITY TO LIVE ON THE HARBOR WITH YOUR OWN DEEP WATER DOCK approx. 290 feet long with a recently renovated 4-bedroom 2 1/2 bath harbor front home on SMITH'S COVE. The dock is fully licensed with a Chapter 91 permit, providing legal compliance for the owner. Sits across the harbor from Rocky Neck, renowned for its artist colonies, galleries, shops, and restaurants, this home offers a front-row seat to the bustling, picturesque harbor and easy access to the vibrant cultural life of Gloucester's waterfront. The home has all the modern conveniences with a state-of-the-art kitchen with all high-end appliances. There is a huge pantry off the kitchen. A spacious primary bedroom suite over the heated garage includes its own bath, while two additional bedrooms feature walkout decks and a skylight in the fourth bedroom. Large deck off living room all ooverlooking this spectacular harbor. There is another room that could be an office and is close to the main bedroom. There are two baths on the second level and a half bath with a washer-dryer hook-up on the first floor.

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$1180/sqft
Local Avg (Gloucester)$713/sqft
65% AboveMarket Average

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

Property Details

Financials

Original Price$3,700,000
Annual Taxes$17,650

Parking

Garage1
Off-Street4

Interior Specifications

Total Rooms8
Fireplaces1
FlooringTile, Hardwood, Flooring - Hardwood
BasementPartial, Walk-Out Access, Concrete, Unfinished

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningNB

Property & Lot

Acres0.49
SqFt Lot21,400
Lot FeaturesEasements, Other

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Oven • Dishwasher • Disposal • Refrigerator • ENERGY STAR Qualified Refrigerator

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
Main,First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl Main,First

30 x 12

Flooring - Wood, Deck - Exterior, Exterior Access, Open Floorplan

Dining Room
Lvl Main,First

Flooring - Hardwood, Balcony / Deck, Exterior Access, Open Floorplan, Lighting - Overhead

Kitchen
Lvl Main,First

26 x 12

Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Country Kitchen, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove, Peninsula, Lighting - Overhead, Crown Molding

Primary Bedroom
Lvl Second

17 x 17

Bathroom - 3/4, Wood / Coal / Pellet Stove, Cathedral Ceiling(s), Closet, Flooring - Hardwood

Bedroom 2
Lvl Second

12 x 12

Bedroom 3
Lvl Second

11 x 19

Closet, Flooring - Hardwood, Deck - Exterior

Bedroom 4
Lvl Second

11 x 12

Closet, Flooring - Hardwood

Bathroom 1
Lvl Main,First

Bathroom - Half, Dryer Hookup - Electric, Washer Hookup

Bathroom 2
Lvl Second

Bathroom - 3/4, Bathroom - Tiled With Shower Stall

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower

Property History

Price Drop
$2,950,000

Was $3,295,000

Aug 3, 2026

MLS® 73421894

Price Drop
$3,295,000

Was $3,700,000

Jun 14, 2026

MLS® 73421894

Listed
$3,700,000

Aug 25, 2025

MLS® 73421894

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 2,500 sq ft principal dwelling). Lot size: 21,400 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: Jeanne Carpenter

Listing Office: J. Barrett & Company

MLS® Number: 73421894

Browse More Homes in Gloucester

Explore other active listings in the area.