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2 Prospect Terrace, Gorham, NH

Single Family Residence

For SaleActive
5 Beds|3 Baths|3,320 ft²|Built 1903|Gorham

Listed by RE/MAX Northern Edge Realty LLC · Steve Grone

Property Description

2 Prospect Terrace brings a single-family home to the Gorham market at $549,000. 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: garage parking for 2, 1903 construction and roughly $165 per square foot. 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 $549,000. That works out to about $165 per square foot, for a home built in 1903. It has been on the market for 5 days.

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.

Property Details

Essentials & finishes

  • Bedrooms:5
  • Total Baths:3
  • Full Baths:1
  • SqFt:3,320
  • Price / SqFt:$165.36
  • Property Type:Single Family Residence
  • Year Built:1903
  • County:NH-Coos
  • Town:Gorham, NH
  • Status:Active
  • Days on Market:5

Primary Features

CountyNH-Coos
Property TypeResidential
Year Built1903
ZoningRA

Interior Features

AppliancesDishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer, Water Heater off Boiler
BasementYes
Basement Access TypeInterior
Basement DescriptionBulkhead, Climate Controlled, Interior Access, Unfinished
1/4 Baths0
3/4 Baths1
CoolingNone
Electric200+ Amp Service, Circuit Breakers
FlooringCarpet, Hardwood, Softwood, Tile
HeatingOil, Baseboard, Hot Water, Radiator
Interior FeaturesAttic with Hatch/Scuttle, Ceiling Fan(s), Hot Tub, Natural Woodwork, 1st Floor Laundry
Rooms - Total13
SqFt-Approximate Finished Above Grade3,320
SqFt-Approximate Finished Below Grade0
SqFt Approximate Total Finished3,320
SqFt Approximate Total4,711

Location Information

School - DistrictGorham School District SAU #20
School - ElementaryEdward Fenn School
School - HighGorhamHigh
School - Middle/JrGorham Middle School

Financial Details

Tax - Gross Amount$13,723.41
Tax Year2025
Taxes TBDNo

Additional

Construction StatusExisting
ConstructionWood Frame, Clapboard, Wood Siding
CovenantsNo
Flood ZoneNo
Pre-ConstructionNo
Property Sub TypeSingle Family Residence
SeasonalNo
Total Stories2.5
SurveyedUnknown
Timeshare/Fractional OwnershipNo

External Features

ColorBlue
DrivewayPaved
Exterior FeaturesBarn, Covered Porch, Enclosed Porch
FoundationBrick/Mortar, Concrete, Granite, Stone
GarageYes
Garage Capacity2
Lot FeaturesSloped, Views, Wooded
Lot - Acres0.89
Lot - SqFt38,768
ParkingAttached, Direct Access
Road Frontage TypePaved, Public Maintained Road, Public
Road FrontageYes
Road Frontage Length10
RoofMetal, Architectural Shingle
SewerPublic Sewer
UtilitiesCable Available, Phone Available
Water SourceMetered, Public
MLS®: PrimeMLS #5103421; Listed by RE/MAX Northern Edge Realty LLC · Steve Grone

Property History

Annual taxes for this property

YearAssessed Tax
2024$9,333
2023$9,100
2022$8,866

Estimated from list price; verify with the town assessor.

Market Data

Live snapshot computed from active listings in this town

  • Active listings in Gorham35
  • Average list price$333,109
  • Price range$69,500 – $975,000

Mortgage Calculator

Estimate your monthly payment for this home

20%
Loan Term
6.5%
Estimated monthly payment$3,668 / mo
  • Principal & Interest$2,776
  • Property Tax$778
  • Home Insurance$114

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

ElementaryEdward Fenn School
MiddleGorham Middle School
High SchoolGorhamHigh
DistrictGorham School District SAU #20
$549,000/ Asking Price
For SaleActive
Est. $2,776 / mo20% down · 30yr · 6.5%
Tom DeMatteo

Tom DeMatteo

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Questions About This Listing

What is the MLS number for 2 Prospect Terrace?

The MLS number is #5103421 (PrimeMLS), listed on August 5, 2026.

What is the asking price of 2 Prospect Terrace?

2 Prospect Terrace in Gorham, NH is listed at $549,000.

That works out to about $165 per square foot.

What kind of property is 2 Prospect Terrace?

Single-family home in Gorham, New Hampshire, built in 1903.

How big is 2 Prospect Terrace?

The home has 5 bedrooms and 3 bathrooms.

It offers 3,320 square feet of living space.

Where is 2 Prospect Terrace located?

The property is in Gorham, New Hampshire (03581).

PrimeMLS

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.