Active Under Contract
30 Days on market
47 Wheeler Street Gloucester — Photo 1 of 27

47 Wheeler Street Gloucester — Photo 1 of 27

$699,900

47 Wheeler Street, Gloucester, MA 01930

Gloucester, MA 01930 — Wheelers Point

Beds

2

Baths

2

SqFt

1,980

Style

Single Family

Built

1924

Enjoy coastal living in Gloucester's sought-after Wheeler's Point neighborhood, just steps to the Annisquam River. Charming rustic Cape in fantastic condition, offering a warm blend of character, comfort and easy living. This well maintained 2 bedroom 2 bath home provides approximately 1980 sq ft of inviting living space on a good size lot. Home has gleaming hardwood floors that have been barely touched, furniture and all items in home are negotiable with sale. River is steps away and nice views from front of home making this a rare opportunity to own near water. Downstairs has updated kitchen with gorgeous brick and post and beam decor. Dining and living are open concept making multiple gatherings enjoyable. Family room on this level offers bright light and opens to deck and picturesque setting. Come and bring the boat rare opportunity.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$353/sqft
Local Avg (Gloucester)$603/sqft
41% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Gloucester, MA.

Property Details

Financials

Original Price$699,900
Annual Taxes$6,336

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms6
Fireplaces1
FlooringWood, Carpet
BasementFull, Interior Entry

Climate & Utilities

HeatingForced Air
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter, Stone
Zoningres

Property & Lot

Acres0.2
SqFt Lot8,800
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Oven • Dishwasher • Range • Refrigerator • Washer • Dryer

Neighborhood

Shopping • Medical Facility • Laundromat • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

Second
Master Bedroom
First
Living RoomDining RoomKitchenFamily RoomBedroom 2
Living Room
Lvl First

Flooring - Hardwood

Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First
Family Room
Lvl First

Flooring - Stone/Ceramic Tile

Master Bedroom
Lvl Second

Flooring - Wall to Wall Carpet

Bedroom 2
Lvl First

Population

30,075

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$84K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

36.0%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 1,980 sq ft principal dwelling). Lot size: 8,800 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Listing Provided By

Listing Agent: Lisa Bouchard

Listing Office: East Key Realty

MLS® Number: 73561444

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