2 Prospect Terrace, Gorham, NH 03581
Property image
Property image
FOR SALE
0.89 ACRES

2 Prospect Terrace
Gorham, NH 03581

  • 5 Beds
  • 2.5 Baths
  • 3,320 sqft (on 0.89 acres)

$549,000

Est. Mortgage $3,844/mo*
Get Pre-Qualified

$549,000

Est. Mortgage $3,844/mo*
Get Pre-Qualified
5 Beds
2.5 Baths
3,320 sqft
(on 0.89 acres)
We estimate this home will sell faster than 84% nearby.

Home Highlights

Parking
Garage
Outdoor
Porch
Price/Sqft
$165
Listed
19 days ago
Climate Control
Radiant, Hot Water Heating

Local Information

  • Map ViewExplore the area around 2 Prospect Terrace.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination
Last check for updates: about 5 hours ago
Listing courtesy of Steve Grone
RE/MAX Northern Edge Realty LLC, (603) 752-0003
Source: PrimeMLS, MLS#5103421
Also Listed on PrimeMLS.

About this House

Historic Queen Anne Victorian with Stunning Views on Appleton Hill Step into elegance with this beautiful five-bedroom, 2.5-bathroom Queen Anne Victorian. Listed on the National Register of Historic Places, this timeless home sits prominently on Appleton Hill, offering breathtaking views overlooking Gorham. The interior boasts classic hardwood floors throughout and features a relaxing hot tub. For ultimate convenience and storage, the property includes an attached garage/barn, complete with both a basement and an attic. Perfectly situated for outdoor enthusiasts, you are just minutes away from the area's best recreation, including skiing, snowmobiling, hiking, and ATV riding. Don't miss the chance to own a piece of local history!
We estimate this home will sell faster than 84% nearby.

Home Details for 2 Prospect Terrace

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Bulkhead,Climate Controlled,Unfinished,Interior Access,Interior EntryNumber of Rooms: 13
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 3320 Square Feet
Appliances & Utilities
Utilities: Cable Available, Phone AvailableAppliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer, Water Heater off BoilerDishwasherDryerLaundry: 1st Floor LaundryMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Oil,Baseboard,Hot Water,RadiatorNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Oil
Fireplace & Spa
Spa: HeatedHas a Spa
Gas & Electric
Electric: 200+ Amp Service, Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Carpet, Hardwood, Softwood, Tile
Levels, Entrance, & Accessibility
Stories: 2.5Levels: 2.5Floors: Carpet, Hardwood, Softwood, Tile
View
Has a View
Security
Security: Hardwired Smoke Detector

Exterior Features

Exterior Home Features
Roof: Metal Architectural ShinglePatio / Porch: Covered Porch, Enclosed PorchOther Structures: Barn(s)Foundation: Brick, Concrete, Granite, Stone
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageParking Spaces: 2Parking: Paved,Direct Entry,Attached
Frontage
Road Frontage: PublicResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: Paved
Water & Sewer
Sewer: Public Sewer
Farm & Range
Frontage Length: Road frontage: 10
Finished Area
Finished Area (above surface): 3320 Square Feet

Days on Market

Days on Market: 19

Property Information

Year Built
Year Built: 1903
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Victorian
Building
Construction Materials: Wood Frame, Clapboard Exterior, Wood SidingNot a New Construction

Price & Status

Price
List Price: $549,000Price Per Sqft: $165

Location

Direction & Address
City: Gorham
School Information
Elementary School: Edward Fenn SchoolElementary School District: Gorham School District SAU #20Jr High / Middle School: Gorham Middle SchoolJr High / Middle School District: Gorham School District SAU #20High School: Gorham High SchoolHigh School District: Gorham School District SAU #20

Agent Information

Listing Agent
Listing ID: 5103421

Building

Building Area
Building Area: 4711 Square Feet

Lot Information

Lot Area: 0.89 acres

Miscellaneous

BasementMls Number: 5103421Attic: Attic with Hatch/ScuttleAbove Grade Unfinished Area: 3320Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area: 1391Below Grade Unfinished Area Source: Public RecordsBelow Grade Unfinished Area Units: Square Feet

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Gorham

At least 5 Trulia users voted on each feature.

  • 100 % Say parking is easy

  • 100 % Say it's dog friendly

  • 100 % Say there's holiday spirit

  • 100 % Say yards are well-kept

  • 89 % Say streets are well-lit

  • 83 % Say car is needed

  • 77 % Say people would walk alone at night

  • 75 % Say there's wildlife

  • 67 % Say there are sidewalks

  • 57 % Say it's quiet

  • 56 % Say it's walkable to restaurants

  • 50 % Say neighbors are friendly

  • 50 % Say kids play outside

  • 44 % Say they plan to stay for at least 5 years

  • 40 % Say there are community events

  • 38 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Stacy F.
    "I was raised in Gorham, granted it was back in the 80's. But! it's so far away fromthe big cities and such a small community that everyone really does know everyone else. There's a real sense of community here, and I've always though it is a great place to raise kids. My friends who stayed there throughout high school DEFINITELY wanted to get out but they agree it was a great place to grow up."
    1
    Flag
  • Erin Leigh Cram
    "Neighbors do still look out for one another, you see children and out and about playing in their yards, there are summer concerts on the common; there is still very much a sense of community"
    4
    Flag
  • Maryann L.
    "close to elementary school, walking distance to stores, resturants and park."
    0
    Flag

Market trends in Gorham

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
22
1MoM

Home Value

Trulia Estimate
$524K
Since last month
Decreased$24K (-4.4%)
Since last year
Decreased$57K (-9.8%)
Since last sale
Increased$184K (+54.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +23% in the last 10 years
MonthEstimated value
2026
August 2026$524K
July 2026$548K
June 2026$559K
May 2026$547K
April 2026$532K
March 2026$520K
February 2026$511K
January 2026$515K
2025
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
55 Main Street, Gorham, NH
0.11
Single-Family Home
$389,000
09/10/25
4
4
2,742
1 Glen Road, Gorham, NH
0.05
Single-Family Home
$280,000
07/27/26
3
1.5
2,454
11 Alpine Street, Gorham, NH
0.15
Single-Family Home
$288,000
09/03/25
3
2.5
2,666
6 Church Street, Gorham, NH
0.45
Single-Family Home
$205,000
04/30/26
3
2
1,998
27 Androscoggin Street, Gorham, NH
0.26
Single-Family Home
$296,000
09/01/25
3
1.5
2,254
13 Jewel Street, Gorham, NH
0.09
Single-Family Home
$240,000
12/03/25
3
1.5
1,523
29 Washington Street, Gorham, NH
0.23
Single-Family Home
$240,000
01/07/26
3
2
1,367
5 Bell Street, Gorham, NH
0.21
Single-Family Home
$214,500
09/29/25
3
1.5
1,683
48 Main Street, Gorham, NH
0.08
Single-Family Home
$180,000
02/27/26
3
1.5
1,200
33 Glen Road, Gorham, NH
0.27
Single-Family Home
$192,500
04/22/26
3
1
1,537

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1 Glen Road, Gorham, NH 03581
0.05
$280,000
3
1.5
2,454
Recently Sold
13 Jewel Street, Gorham, NH 03581
0.09
$240,000
3
1.5
1,523
Recently Sold
48 Main Street, Gorham, NH 03581
0.09
$180,000
3
1.5
1,200
Recently Sold
7 Palmer Street, Gorham, NH 03581
0.09
$191,500
2
2
997
Off Market
40 Main Street, Gorham, NH 03581
0.11
$649,999
5
2.5
3,173
For Sale
22 Jewel Street, Gorham, NH 03581
0.12
$310,000
3
1.5
1,719
Off Market
5 Palmer Street, Gorham, NH 03581
0.11
$107,200
4
2
1,732
Off Market
17 Jewell Street, Gorham, NH 03581
0.12
$356,000
3
2
2,982
Off Market
55 Main Street, Gorham, NH 03581
0.11
$401,600
4
4
2,742
Off Market
5 Cottage Street, Gorham, NH 03581
0.11
$225,600
3
1.5
1,314
Off Market
25 Jewel Street, Gorham, NH 03581
0.16
$434,300
4
3.5
2,848
Off Market

Price and Tax history

DateEventPrice
Aug 5, 2026
Source: PrimeMLS #5103421
Listed For Sale
$549,000
Nov 8, 2022
Source: RE/MAX International
ListingRemoved
Jun 8, 2022
Source: PrimeMLS #4914368
Listed For Sale
$648,500
Mar 2, 2017
Source: PrimeMLS #4498494
Sold
$340,000
Feb 11, 2017
Source: Agent Provided
Pending
$399,000

LGBTQ Local Legal Protections

Steve Grone, RE/MAX Northern Edge Realty LLC, (603) 752-0003
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-08-24 21:24:22 PDT.
This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information.

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Frequently asked questions about 2 Prospect Terrace

  • What is the estimated monthly payment for 2 Prospect Terrace?
    Based on a $549,000 list price with 20% down at today's rates, the estimated monthly payment for 2 Prospect Terrace in Gorham, NH is approximately $3,902 (about $2,880 principal & interest, $947 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Gorham?
    Residents describe Gorham, NH as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See homes for sale in Gorham, NH.
  • What are the closest schools to 2 Prospect Terrace?
    The closest schools to 2 Prospect Terrace in Gorham, NH are Edward Fenn School (Elementary, rated 4/10), Gorham High School (rated 10/10), Gorham Middle School (rated 8/10).
  • What is 2 Prospect Terrace estimated to be worth?
    Trulia's estimated value for 2 Prospect Terrace in Gorham, NH is $523,900.
  • Does 2 Prospect Terrace have laundry facilities?
    Yes, 2 Prospect Terrace in Gorham, NH has in-unit laundry.
  • How big is the lot at 2 Prospect Terrace?
    The lot at 2 Prospect Terrace in Gorham, NH is about 0.89 acres (38,768 sq ft).
2 Prospect Terrace, Gorham, NH 03581 is a 5 bedroom, 3 bathroom, 3,320 sqft single-family home built in 1903. This property is currently available for sale and was listed by PrimeMLS on Aug 5, 2026. The MLS # for this home is MLS# 5103421.