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$5,900,000
Est. payment /mo
40 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 73427608
HOA Y/N false
Annual Tax Amount $26,000
Tax Year 2025
Lot Size 40.000 Acres
Acres 40.0
Property Description
Prime Development Opportunity in Beverly, MA—recently named the hottest housing market in the U.S. by Realtor.com. This potentially developable 39+ acre site offers a rare chance to create a large-scale residential or mixed-use community in a sought-after North Shore location. The centerpiece is 128 Boulder Lane (26 acres), zoned Restricted Industrial (IR), while surrounding parcels are R15 (single-family residential). While zoning favors single-family homes, select multi-family projects—such as Subsidized Elderly Housing—or commercial uses may be permitted by Special Permit. Excellent location near major routes, Gordon College, and Beverly Farms. With strong demand for housing and specialized communities, this property offers developers an exceptional canvas. Buyer and buyer's agent to do their own diligence.
Location
State MA
County Essex
Area Montserrat
Zoning MIXED USE
Direction Use 26 Kennel Hill Drive in GPS.
Exterior
Community Features Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, University
Building
Lot Description Easements, Wetlands, Sloped, Wooded
Sewer At Street
Water At Street
Others
Senior Community false
Virtual Tour https://vimeo.com/1080670151/5b4b4a9519?share=copy
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Listed by The Synergy Group
NEARBY SCHOOL & BUSINESS
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