Luxury Real Estate Group Boston > Gloucester > 368 Essex Ave

LRG Boston

(617) 233-5800

355 Boylston St

Boston, Ma 02116

368 Essex Ave

Gloucester, MA

Property Description

Investors, developers, and homesteading enthusiasts — take note! Rare opportunity to acquire a 3.7-acre parcel in highly desirable West Gloucester. Includes a spacious three-family home on 2.44 acres plus an additional 1.26-acre lot, sold together. The existing property offers immediate income potential with three units — ideal for multi-generational living or rental income. Beyond investment appeal, this land invites a self-sufficient, homesteading lifestyle: think gardens, chickens, fruit trees, and room to roam — all minutes from town. Zoned R20 with potential for 5 ANR lots (subject to buyer due diligence and approvals), the property also holds significant development potential. Whether you’re creating a private homestead or exploring subdivision opportunities, the possibilities are abundant. Don’t miss this unique chance to own a rare and versatile piece of land in prime Gloucester!

offered at

$1,499,000

  • Listing ID: 73373946
  • Bedrooms: 7
  • Full Baths: 3
  • Living Area: 3,831 sqft Convert
  • Lot Size: 161,172 sqft Convert
  • Acres: 3.7

Additional Details

Type: Multi-Family, 3 Family

Area: West Gloucester

Zip Code: 01930

Levels: 4

Parking

Garage: 2

Garage Capacity: 2

Parking: Shared Driveway, Off Street, Unpaved

Parking Spaces: 5

Rooms and Dimensions

Total Units: 3

Total Floors: 4

Total Rooms: 14

Contact: LRG Boston at (617) 233-5800

LRGBOSTON.COM

355 Boylston St. Boston, MA 02116

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