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Bean Group
Offered at $4,129,500Active
beds
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baths
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sq ft
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Built
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0 Thompson St (Off)

Gloucester, MA 01930

About this home

ESTATE LOT INVESTORS: 23 +/- acres of beautiful, NOT-restricted-with-a-conservation-easement upland and woodland in West Gloucester. Approximately 1600 feet of frontage on Thompson Street, which is an unimproved public way. Access from 5 Roberts Court, too, MLS# 73586252 which is 11 +/- acres. Both properties must be bought jointly and together total +/- 34 acres. R-40 zoning applies. Cluster development is its highest and best use; also residential, estate lots, equestrian, farming, ideal for private conservation purposes, with accompanying tax deductions. Buyers must do their own due diligence. Highest elevation is 115 +/- feet descending north-northwestward towards Concord Street, possibly affording views of Essex River and Ipswich Bay. Views are suggested in photos. Land use code misleading, please see attached document and explanation from assessor's office.

Listing last checked: Listing updated:

Listed by Robin J. Hubbard · Robin J. Hubbard · MLS #73586254

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Details at a glance

Interior1 property facts
Basement
Not reported
Building1 property facts
Style
Residential
Land & utilities5 property facts
Lot size
23.03 acres
Water
Private, Public, Nearby
Sewer
Other
Pool
Not reported
Zoning
R-40
Financial2 property facts
Annual taxes
$686
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $4,129,500 asking price. Adjust the assumptions to your situation.

Known monthly costs$20,938 / monthAdjust
Principal & interest
$20,881
Property tax
$57
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $686. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Exp

    $2,750,000 · Feb 2, 2021

More property insights

Automated value estimate $3,409,843

Estimated range $2,937,919–$3,881,766.

Automated estimates are not appraisals or guarantees of market value.

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Photo-based condition insights

Overall presentation: poor

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About 0 Thompson St (Off)

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Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

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