368 Essex Ave Gloucester Gloucester, MA 01930

Listing office c***@milestonerealtyinc.com Show Phone

Listing date May 16, 2026

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Investment Insights

Based on property information with market context.

This 3.7-acre parcel in West Gloucester presents an opportunity for investors, developers, and homesteading enthusiasts. The property includes a three-family home situated on 2.44 acres, along with an additional 1.26-acre lot, both being sold together. The existing property offers immediate income potential with three units, suitable for multi-generational living or rental income. The land is conducive to a self-sufficient, homesteading lifestyle, allowing for gardens, chickens, fruit trees, and open space. Zoned R20, the property has potential for 5 ANR lots, subject to buyer due diligence and approvals, offering significant development potential. The property is located minutes from town.

Key Highlights

• 3.7‑acre parcel in desirable West Gloucester.
• Significant development potential with R20 zoning and potential for 5 ANR lots (subject to buyer due diligence and approvals).
• Spacious three‑family home on 2.44 acres provides immediate income potential.

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FAQs

What type of property is this?

Land - 3.7-acre parcel with income potential in West Gloucester.

Where is this land located?

The property is located at 368 Essex Ave Gloucester Gloucester, MA.

What is the asking price?

The asking price for this property is $1,299,000.

What are key features of this property?

This property features: 3.7‑acre parcel in desirable West Gloucester.; Significant development potential with R20 zoning and potential for 5 ANR lots (subject to buyer due diligence and approvals).; Spacious three‑family home on 2.44 acres provides immediate income potential.