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38 Revere St, Gloucester, MA, 01930

1beds
1baths
648sqft
$750,000
$1,157price/sqft
$4,999/moest. monthly cost
$199,960/yrincome needed

About This Home

Artist's Barn 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!

Getting Around

5
WalkingCar-Dependent
27
TransitSome Transit
2
BikeSomewhat Bikeable

Schools

7/10
Plum Cove SchoolGrades K-50.9 mi
4/10
Gloucester High SchoolGrades 9-123.4 mi

Construction

Condition

  • Year built: 1986

Materials

  • Foundation: Block
  • Roof: Shingle

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater,Range,Refrigerator,Washer,Dryer

Bathroom1

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 648

Heating & Cooling

  • Heating features: Forced Air,Propane,Wood Stove
  • Cooling features: None

Interior Area

  • Total structure area: 648
  • Total interior livable area: 648 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bathroom

  • Features: Yes

Master Bedroom

  • Level: Second

Property

Details

  • Parcel number: M:0125 B:0033 L:0000,1900004
  • Zoning: R-40

Features

  • Exterior features: Garden,Stone Wall
  • Has view: Yes
  • View description: Scenic View(s)
  • Waterfront features: Bay,Harbor,Ocean,Walk to,1/2 to 1 Mile To Beach

Lot

  • Lot size: 0.84 Acres
  • Features: Level,Other

Parking

  • Total spaces: 4
  • Parking features: Off Street,Unpaved
  • Has uncovered spaces: Yes
  • 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
    Coastal FloodingRelatively High
  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Ice Storm
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

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

MonthlyAnnual
Mortgage $3,792$45,504
Home Insurance *$256$3,072
Property Taxes $597$7,164
Electricity $354$4,259
Total$4,999$59,988
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$171,394/yr
40% on housing$149,970/yr
45% on housing$133,306/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

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.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,157This listing

vs Other Active Listings

Avg $/sqft

ZIP 01930$515
Essex County$385

vs Homes Sold Last Month

Median $/sqft

ZIP 01930$426
Essex County$387

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

DateEventPrice
2026-05-08Listed for sale$850,000
2021-01-29Listing removed--
2011-03-24Listing removed$312,000
2010-02-15Price change$312,000
2009-06-18Price change$299,000
2009-04-23Price change$300,000
2009-04-11Price change$308,000
2009-03-11Listed for sale$318,000
2001-07-02Sold$230,000
1998-08-31Sold$150,000
1990-10-15Sold$125,000

For Sale by Agent

AgentKrista Julian
BrokerageColdwell Banker Realty - Manchester

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