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  1. Home/
  2. Gloucester, MA/
  3. Pirates Lane Condominium

Pirates Lane Condominium

5 Pirates Ln, Gloucester, MA, 01930

0 Units for Sale

Building imageView Listing
MLS ID #73400767
Building ImagesView ListingMLS ID #73400767
Building ImagesView ListingMLS ID #73400767
Building ImagesView ListingMLS ID #73224780
Building ImagesView ListingMLS ID #73224780
YearBuilt

Year Built

1890

Stories

# Stories

2

#TotalUnits

# Total Units

19
UnitSizeRange

Unit Size Range

473-1,481 sqft

UnitDemand

Unit Demand

Stories

Medium

UnitAvailability

Unit Availability

Stories

Low


About Pirates Lane Condominium

Pirates Lane Condominium, located at 5 Pirates Ln, Gloucester, MA, stands as a historic two-story building originally constructed in 1890. This property, offering charming 1 and 2-bedroom units, provides picturesque waterfront views. The building seamlessly combines historical architecture with modern amenities, catering to a variety of recreational and lifestyle needs. Key features include a well-maintained swimming pool, tennis courts, and a golf facility. Residents benefit from a range of conveniences such as on-site laundry, hot water, and access to a delightful garden area. The surrounding environment invites exploration along a dedicated bike path, while nearby parks and conservation areas enhance outdoor leisure opportunities. Public transportation and highway access ensure connectivity, facilitating a convenient urban lifestyle. The area includes community-focused amenities like stables and houses of worship, supporting diverse interests and communal engagement. Whether for relaxation or active engagement, Pirates Lane Condominium presents a well-rounded living environment, further enriched by its waterfront setting. With a blend of historical charm and contemporary facilities, this property stands out as a unique residential choice within its locale.

Building imageView Listing
MLS ID #73400767
Building ImagesView ListingMLS ID #73400767
Building ImagesView ListingMLS ID #73400767
Building ImagesView ListingMLS ID #73224780
Building ImagesView ListingMLS ID #73224780

Amenities

Living at Pirates Lane is more than just enjoying your unit; it also comes with a suite of appealing amenities. For those who love staying active, there are tennis courts, a golf area, and a pool, perfect for sunny days or post-work wind-downs. If you prefer relaxing outdoors, you’ll appreciate nearby parks and conservation areas, where you can take peaceful walks or enjoy picnics with friends. Plus, convenient laundry services are just a stone's throw away, making life a little simpler on laundry day. Highway access and public transportation options are also available for your daily commute.

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevator
Central ACCentral AC
PoolPoolCheck Icon
Fitness CenterFitness Center
-
Visitors ParkingVisitors Parking

Building Policies

One key aspect of living in a condominium is understanding the building's policies, which in the case of Pirates Lane, are straightforward. There are no rental restrictions, making it a flexible option should you ever decide to rent out your unit in the future.

Pet AllowedPets Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

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Pirates Lane Condominium Market Report (last 12 months)

Avg. List Price
$489,900 ($623/Sqft.)
Year-Over-Year List Price
Down Arrow 42.30%
Total Listings
Listings1
Avg. Days On Market
Calendar45
Avg. Sale Price
$460,000 ($585/Sqft.)
Year-Over-Year Sale Price
Down Arrow 44.91%
Total Sold
Sold1
Avg. HOA Fees/Sqft
$4 /monthly

Demographics

AVERAGE RESIDENT AGE

44 years old

AVERAGE HOUSEHOLD INCOME

$97,647/year

AVERAGE HOUSEHOLD COMPOSITION

3 People

Star IconWhat to know about Gloucester demographics:

  • Approximately 28.68% of the population holds a bachelor's degree, showcasing a well-educated community.
  • The average age in the area is around 44 years, indicating a mature and established demographic.
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Living in Pirates Lane Condominium

Condo Living at Pirates Lane Condominium, located at 5 PIRATES LN, GLOUCESTER, MA:

When searching for your first home, the Pirates Lane Condominium offers a charming blend of historical character and modern convenience. Built in 1890, this two-story building exudes a unique charm that stands out in the vibrant community of Gloucester. Imagine living in a place that not only feels welcoming but also brings a part of history into your everyday life! With 19 total units available, this small condo community offers an intimate living experience, perfect for first-time buyers looking for a close-knit neighborhood.

Building Features and Unit Availability:

Currently, there are no units available, which speaks volumes about the demand for homes in this desirable location. The units in Pirates Lane range in size from cozy studios at 473 square feet to more spacious layouts of up to 1,481 square feet. Considering the average closed price is $835,000, with a price per square foot at $582, this condominium offers a balanced option for those entering the real estate market. The average time these units spend on the market is about 47 days, so you might want to keep an eye out for any upcoming listings.

Life at Pirates Lane Condominium:

Living in Gloucester means embodying a balanced lifestyle where historic charm meets coastal flair. Picture waking up to the soothing sounds of the nearby waterfront, then enjoying a leisurely breakfast in your cozy condo. The vibrant local community offers plenty of opportunities to socialize, with shopping, dining, and various recreational activities just around the corner.

  1. Home/
  2. Gloucester, MA/
  3. Pirates Lane Condominium
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