Active

44 Days on market

1 Red Gate Road Essex — Photo 1 of 15

Recent Drop: $50,000

$550,000

$500,000

1 Red Gate Road, Essex, MA 01929

Essex, MA 01929

Beds

Baths

SqFt

832

Style

Single Family

Built

1973

Ranch style home on Essex side street in need of total renovation but has a BEAUTIFUL lot. Property is one level living with a full unfinished basement. Property is tied into town sewer and has a well. The sewer tie in has the capacity for a 3 bedroom house. BUYER TO DO THEIR OWN DUE DILIGENCE. SUNDAY 10 AM-11. OFFERS DUE TUESDAY 8/11 12 NOON.

Market Value Analysis

This Property

Size (SqFt) →Price →

This Property$601/sqft

Local Avg (Essex)$456/sqft

32% AboveMarket Average

* Analysis is based on 8 actively listed and recently sold comparable properties strictly within Essex, MA.

Financials

Original Price$550,000

Annual Taxes$6,450.83

Parking

Garage1

Off-Street3

Interior Specifications

Total Rooms3

Fireplaces2

FlooringVinyl, Carpet

BasementFull, Interior Entry, Garage Access, Concrete, Unfinished

Climate & Utilities

HeatingElectric Baseboard

CoolingNone

WaterPrivate

SewerPublic Sewer

Building & Exterior

ConstructionFrame

RoofShingle

FoundationConcrete Perimeter

ZoningRS2

Property & Lot

Acres0.69

SqFt Lot30,013

Lot FeaturesWooded, Gentle Sloping

Amenities & Appliances

Electric Water Heater • Water Heater • Range • Refrigerator

Neighborhood

Park • Walk/Jog Trails • Stable(s) • Golf • Conservation Area • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First

Living RoomKitchenPrimary BedroomBathroom 1

Living Room

Lvl First

Kitchen

Lvl First

Primary Bedroom

Lvl First

Closet, Flooring - Wall to Wall Carpet

Bathroom 1

Lvl First

Bathroom - Full, Bathroom - With Tub & Shower

Property History

Price Drop

$500,000

Was $550,000

Sep 15, 2026

MLS® 73558350

Listed

$550,000

Aug 3, 2026

MLS® 73558350

Population

3,621

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

Median Household Income

$156K

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

Renter-Occupied Homes

25.4%

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

New Construction Permits — Essex County

1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '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: 416 sq ft (the lesser of 900 sq ft or half the 832 sq ft principal dwelling). Lot size: 30,013 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.

Full Essex, MA market report ZIP 01929 market data

Listing Provided By

Listing Agent: Karen Bernier

Listing Office: Churchill Properties

MLS® Number: 73558350