Listed by RE/MAX Northern Edge Realty LLC · Steve Grone · 603-752-0003
Single Family Residence · Gorham, NH
2 Prospect Terrace, Gorham, NH
$499,000
$549,000 · changed Sep 27, 2026
Est. $2,523/mo · 20% down, 30-yr, 6.5% (Owl’s Nest Real Estate estimate, not MLS data)
- Beds
- 5
- Baths
- 3
- Sq Ft
- 3,320
- Built
- 1903
- MLS®
- #5103421
Property Description
2 Prospect Terrace brings a single-family home to the Gorham market at $499,000. Inside you'll find 5 bedrooms, 3 bathrooms and 3,320 square feet of living space. Homes like this trade on the fundamentals: space, privacy and a New Hampshire address that works year-round. Also on the sheet: a 0.89-acre lot, garage parking for 2 and 1903 construction. The full photo gallery, live pricing and every MLS detail for 2 Prospect Terrace follow below.
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!
Location Highlights
2 Prospect Terrace is a single family residence in Gorham, New Hampshire, listed at $499,000. That works out to about $150 per square foot, for a home built in 1903. It has been on the market for 3 months.
From here it is 33.1 miles to Loon Mountain Resort and 34.7 miles to Waterville Valley Resort. At this latitude, Gorham averages roughly 8.4 hours of sun a day in June and 3.5 in December.
Zoned schools in the Gorham School District SAU #20: Edward Fenn School (Elementary), Gorham Middle School (Middle), GorhamHigh (High). Always confirm zoning with the district office.
Source: zoned school names are PrimeMLS listing data; distances, sun exposure and school facts are Owl’s Nest Real Estate additions (school facts from the NCES, U.S. Department of Education) — not PrimeMLS data.
Property Details
Essentials & finishes
- Bedrooms
- 5
- Total Baths
- 3
- Full Baths
- 1
- SqFt
- 3,320
- Price / SqFt
- $150.30
- Property Type
- Single Family Residence
- Year Built
- 1903
- County
- NH-Coos
- Town
- Gorham, NH
- Status
- Active
- Days on Market
- 76
Primary Features
- County
- NH-Coos
- Property Type
- Residential
- Year Built
- 1903
- Zoning
- RA
Interior Features
- Appliances
- Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Water Heater off Boiler, Washer
- Basement
- Yes
- Basement Access Type
- Interior
- Basement Description
- Bulkhead, Climate Controlled, Interior Entry, Unfinished
- 1/4 Baths
- 0
- 3/4 Baths
- 1
- Cooling
- None
- Electric
- 200+ Amp Service, Circuit Breakers
- Flooring
- Carpet, Hardwood, Softwood, Tile
- Heating
- Baseboard, Oil, Hot Water, Radiator
- Interior Features
- Attic with Hatch/Scuttle, Ceiling Fan(s), Hot Tub, Natural Woodwork, 1st Floor Laundry
- Rooms - Total
- 13
- SqFt-Approximate Finished Above Grade
- 3,320
- SqFt-Approximate Finished Below Grade
- 0
- SqFt Approximate Total Finished
- 3,320
- SqFt Approximate Total
- 4,711
Location Information
- School - District
- Gorham School District SAU #20
- School - Elementary
- Edward Fenn School
- School - High
- GorhamHigh
- School - Middle/Jr
- Gorham Middle School
Financial Details
- Tax - Gross Amount
- $13,723.41
- Tax Year
- 2025
- Taxes TBD
- No
Additional
- Construction Status
- Existing
- Construction
- Clapboard, Wood Frame, Wood Siding
- Covenants
- No
- Flood Zone
- No
- Pre-Construction
- No
- Property Sub Type
- Single Family Residence
- Seasonal
- No
- Total Stories
- 2.5
- Surveyed
- Unknown
- Timeshare/Fractional Ownership
- No
External Features
- Color
- Blue
- Driveway
- Paved
- Exterior Features
- Barn, Covered Porch, Enclosed Porch
- Foundation
- Brick/Mortar, Concrete, Granite, Stone
- Garage
- Yes
- Garage Capacity
- 2
- Lot Features
- Sloped, Views, Wooded
- Lot - Acres
- 0.89
- Lot - SqFt
- 38,768
- Parking
- Attached, Direct Access
- Road Frontage Type
- Paved, Public Maintained Road, Public
- Road Frontage
- Yes
- Road Frontage Length
- 10
- Roof
- Metal, Architectural Shingle
- Sewer
- Public
- Utilities
- Cable Available, Phone Available
- Water Source
- Metered, Public
MLS®: PrimeMLS #5103421; Listed by RE/MAX Northern Edge Realty LLC · Steve Grone · 603-752-0003
Property History
Estimated annual taxes for this property
- 2024
- $8,483
- 2023
- $8,271
- 2022
- $8,059
Source: Owl’s Nest Real Estate estimate from the list price at New Hampshire’s average effective tax rate — not PrimeMLS or town assessor data. Verify with the town assessor.
Market Data
Live snapshot computed by Owl’s Nest Real Estate from PrimeMLS IDX active listings in this town
- Active listings in Gorham
- 32
- Average list price
- $254,192
- Price range
- $64,900 – $599,000
Mortgage Calculator
Estimate your monthly payment for this home
Estimated Monthly Payment
$3,334/ mo
- Principal & Interest
- $2,523
- Property Tax
- $707
- Home Insurance
- $104
Source: Owl’s Nest Real Estate estimate, not PrimeMLS data. Estimates use typical New Hampshire costs — a 1.7% effective property-tax rate, insurance at 0.25% of home value/yr, and PMI below 20% down. Actual town tax rates vary; verify with your lender and the town assessor.
Around This Property
Schools, everyday places and nearby destinations near 2 Prospect Terrace, Gorham, NH
Assigned Schools
- Elementary
- Edward Fenn School
- Middle
- Gorham Middle School
- High School
- GorhamHigh
- District
- Gorham School District SAU #20
Source: Google Maps Platform (Places) and Owl’s Nest Real Estate — not PrimeMLS data.
Questions About This Listing
How big is 2 Prospect Terrace?
2 Prospect Terrace in Gorham, NH has 5 bedrooms and 3 bathrooms (1 full, 1 three-quarter and 1 half) in 3,320 square feet of finished living space.
What is the asking price of 2 Prospect Terrace?
2 Prospect Terrace in Gorham, NH is listed for $499,000 on PrimeMLS.
That is about $150 per square foot of finished living space.
It came on the market on August 5, 2026.
Does 2 Prospect Terrace have town water and sewer?
2 Prospect Terrace in Gorham, NH has public water and public sewer, per the MLS.
MLS details — water: metered and public; sewer: public.
Electric: 200+ amp service and circuit breakers.
Other utilities: cable available and phone available.
Is there a basement at 2 Prospect Terrace?
Yes. 2 Prospect Terrace in Gorham, NH has a basement with interior access.
The MLS describes it as bulkhead, climate controlled, interior entry and unfinished.
What features does 2 Prospect Terrace have?
Inside, the MLS lists these features at 2 Prospect Terrace in Gorham, NH: attic with hatch/scuttle, ceiling fan(s), hot tub, natural woodwork and 1st floor laundry.
Outside: barn, covered porch and enclosed porch.
Flooring: carpet, hardwood, softwood and tile.
Listed appliances: dishwasher, dryer, microwave, electric range, refrigerator, water heater off boiler and washer; confirm which ones convey in the purchase agreement.
Does 2 Prospect Terrace have a garage?
2 Prospect Terrace in Gorham, NH has a 2-car garage and a paved driveway.
Parking details: attached and direct access.
Does 2 Prospect Terrace have a view?
Yes. The MLS lists views for 2 Prospect Terrace in Gorham, NH.
What schools serve 2 Prospect Terrace?
The MLS places 2 Prospect Terrace in Gorham, NH in the Gorham School District SAU #20.
Listed schools: Edward Fenn School (elementary), Gorham Middle School (middle) and GorhamHigh (high).
School assignments can change; confirm with the district.
Is 2 Prospect Terrace still available?
Yes. 2 Prospect Terrace in Gorham, NH is listed as Active on PrimeMLS (MLS #5103421).
Status can change quickly; contact us to confirm availability before you visit.
Who is the listing agent for 2 Prospect Terrace?
2 Prospect Terrace in Gorham, NH is listed by Steve Grone of RE/MAX Northern Edge Realty LLC (603-752-0003).
Owl's Nest Real Estate shows it through the PrimeMLS IDX feed; we are not the listing brokerage.
What kind of property is 2 Prospect Terrace?
2 Prospect Terrace in Gorham, NH is a single-family home built in 1903.
The MLS lists its style as Victorian, with 2.5 stories.
Where is 2 Prospect Terrace located?
2 Prospect Terrace is in Gorham, New Hampshire 03581, in Coos County.
How much land comes with 2 Prospect Terrace?
2 Prospect Terrace in Gorham, NH sits on 0.89 acres, per the MLS.
The lot is described as sloped and wooded.
It has 10 feet of road frontage (paved, public maintained road and public).
Zoning: RA.
The MLS lists it as outside a flood zone.
How much are the property taxes on 2 Prospect Terrace?
Annual property taxes on 2 Prospect Terrace in Gorham, NH are $13,723 for the 2025 tax year, per the MLS.
New Hampshire towns set their own tax rates and revalue periodically, so confirm the current bill with the Gorham assessing office.
How is 2 Prospect Terrace heated?
2 Prospect Terrace in Gorham, NH is heated by baseboard, oil, hot water and radiator, per the MLS.
The MLS lists no cooling system.
How does the price of 2 Prospect Terrace compare with other Gorham listings?
At $499,000, 2 Prospect Terrace in Gorham, NH is priced above the $292,000 median asking price of the 21 single-family homes for sale in Gorham on PrimeMLS as of November 3, 2026 (this listing included).
That figure is Owl's Nest Real Estate's analysis of active listings, and asking prices are not sale prices — ask us for recent comparable sales before you make an offer.
How do I schedule a showing of 2 Prospect Terrace?
To see 2 Prospect Terrace in Gorham, NH, use Request a Showing on this page or call Owl's Nest Real Estate at 401-648-5308.
We can show any MLS-listed home and represent you as your buyer's agent; the listing brokerage represents the seller.
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NOTE: This representation is based in whole or in part on data generated by PrimeMLS, Inc., which assumes no responsibility for its accuracy. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS.
This listing data is intended 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 11/03/26.