127-131 Eastern Point Blvd, Gloucester, MA, 01930
About This Home
Presenting a rare waterfront Eastern Pt compound spanning 3 contiguous parcels, ideally located between the yacht club and iconic lighthouse. This unique offering includes two single-family homes and a charming bunkhouse. 127 features a two-story, 2-BR home with a flexible first floor: 2 BRs, den, and screened porch which can comfortably host additional sleeping, and the stunning second-floor features an open-concept kitchen, dining, and living area with cathedral ceiling and a 30-foot wraparound deck. 129 is a single level, 3-BR bungalow with an updated kitchen, open living/dining, sunroom, and spacious wraparound deck. Completing the property, 131 has the delightful 11' x 15“ bunkhouse (has electricity, no plumbing), and is outfitted with 4 beds and a waterfront window that opens to an outdoor bar. A one-of-a-kind coastal retreat, with character and versatility - perfect for hosting family and guests. Attached is a feature sheet that provides detailed information about each parcel.
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1999
Materials
- Foundation: Other
- Roof: Shingle
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial,Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Range,Dishwasher,Refrigerator,Washer,Dryer
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Flooring: Hardwood,Stone / Slate
- Number of fireplaces: 3
- Fireplace: Yes
- Finished area above ground: 2,757
Heating & Cooling
- Heating features: Electric Baseboard
- Cooling features: None
Interior Area
- Total structure area: 2,757
- Total interior livable area: 2,757 sqft
Property
Details
- Zoning: RC-40
Features
- Patio & porch: Porch,Porch - Enclosed,Deck,Patio
- Exterior features: Porch,Porch - Enclosed,Deck,Patio,Storage
- Has view: Yes
- View description: Scenic View(s),Water,Marsh,Ocean
- Has water view: Yes
- Water view: Marsh,Ocean,Water
- On waterfront: Yes
- Waterfront features: Waterfront,Ocean,Ocean,0 to 1/10 Mile To Beach,Beach Ownership(Private,Association)
Lot
- Lot size: 9,100 sqft
- Features: Flood Plain
Parking
- Total spaces: 4
- Parking features: Off Street,Stone/Gravel
- Uncovered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Ice Storm
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $23,234 | $278,808 |
| Home Insurance * | $1,573 | $18,876 |
| Property Taxes | $3,905 | $46,860 |
| Electricity | $543 | $6,523 |
| Total | $29,255 | $351,060 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-16 | Listed for sale | $4,595,000 |
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