Active
129 Days on market
38 Revere Street Gloucester — Photo 1 of 12

38 Revere Street Gloucester — Photo 1 of 12

Recent Drop: $165,000

$850,000
$685,000

$685,000

38 Revere Street, Gloucester, MA 01930

Gloucester, MA 01930 — Bay View

Investor Analysis

Beds

1

Baths

1

SqFt

648

Style

Single Family

Built

1986

Artist's Cottage — Annisquam/Back Bay, Gloucester. Originally built as an artist's barn, this magical one bedroom cottage sits on nearly an acre of land in one of Cape Anns most beautiful neighborhoods. Enjoy sunrises near the ocean, watch the stars appear at night, and step outside to gardens lovingly cultivated with organic care for over 25 years. A haven for sailors, kayakers, gardeners, writers, and dreamers. Make this your year round or perfect weekend get away spot. Perched atop a hill and safely above coastal storms, yet minutes from Gloucester's finest beaches, quarries, and so many hiking trails. The privacy, beauty and convenience is unmatched. Zoned R-40 with town water and sewer and two potential driveways — build your dream home and use the cottage for guests, studio space, or explore ADU or subdivision potential. Minutes to Annisquam Village and Plum Cove Beach. Come live by the ocean.This diamond is a rare find and won't be on the market long!

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$1057/sqft
Local Avg (Gloucester)$558/sqft
89% AboveMarket Average

* Analysis is based on 15 actively listed and recently sold comparable properties strictly within Gloucester, MA.

Property Details

Financials

Original Price$850,000
Annual Taxes$3,931

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms4
Fireplaces1
Flooring--
BasementNone

Climate & Utilities

HeatingForced Air, Propane, Wood Stove
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationBlock
ZoningR-40

Property & Lot

Acres0.84
SqFt Lot36,500
Lot FeaturesLevel, Other

Amenities & Appliances

Gas Water Heater • Range • Refrigerator • Washer • Dryer

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBathroom 1
First
Living RoomKitchen
Living Room
Lvl First
Kitchen
Lvl First
Primary Bedroom
Lvl Second
Bathroom 1
Lvl Second

Property History

Price Drop
$685,000

Was $750,000

Sep 13, 2026

MLS® 73515187

Price Drop
$750,000

Was $790,000

Jun 29, 2026

MLS® 73515187

Price Drop
$790,000

Was $850,000

May 29, 2026

MLS® 73515187

Listed
$850,000

May 8, 2026

MLS® 73515187

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

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '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: 324 sq ft (the lesser of 900 sq ft or half the 648 sq ft principal dwelling). Lot size: 36,500 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 Provided By

Listing Agent: Krista Julian

Listing Office: Coldwell Banker Realty - Manchester

MLS® Number: 73515187

Browse More Homes in Gloucester

Explore other active listings in the area.