Offered at $1,500,000Active

beds: 9
baths: 6
sq ft: 4,628
Built: 1741

53-55 Western Ave

Gloucester, MA 01930

About this home

The Inn at Babson Court is a 1741 post & beam Colonial overlooking historic Gloucester Harbor and the Fisherman's Memorial. The property is currently used as an inn/multi family. Currently there are 3 "apartments" and 2 suites (no kitchen). Public record states 4 family. Exposed beams and historic charm throughout. Many possibilities exist for its future uses. Plenty of parking behind house including a 2 car garage (ADU?). 4-100amp electric service panels plus house meter. Common decks and patio, covered outside sitting area. Beach and harbor across the street!

Listing last checked: November 7, 2026 at 10:39 PM ESTListing updated: October 25, 2026 at 4:05 AM EDT

Listed by Michael Beaton · Churchill Properties · MLS #73523157

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Details at a glance

Interior5 property facts

Rooms: 18
Heating: Steam, Oil
Flooring: Wood
Basement: Yes · Partial
Fireplaces: 1

Building6 property facts

Style: 4 Family - 4 Units Up/Down
Year built: 1741
Garage: 2
Parking: 8
Foundation: Granite
Roof: Rubber

Land & utilities5 property facts

Lot size: 0.13 acres
Water: Public
Sewer: Public Sewer
Pool: Not reported
Zoning: R-5

Financial2 property facts

Annual taxes: $11,818
Assessment year: 2026

Location

Estimated monthly cost

Explore costs at the $1,500,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$8,570 / monthAdjust

Down payment (%)Interest rate (%)Loan termMonthly property tax ($)Monthly insurance ($)Monthly HOA ($)

Principal & interest: $7,585
Property tax: $985
Insurance: Not entered
HOA: Not entered

Listing annual taxes: $11,818. 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.

More property insights

Automated value estimate $1,798,010

Estimated range $1,523,271–$2,072,750.

Automated estimates are not appraisals or guarantees of market value.

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Photo-based condition insights

Overall presentation: below average

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About 53-55 Western Ave

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Bean Group · eXp Realty

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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