Unique Development Opportunity - Mansion on 49.64 Acres

Special Purpose for Sale
Catylist Listing ID: 30857462
Property Subtypes: Health Care/Medical, Senior Housing, Other
Building Status: Under Construction
Building Size (RSF): 44,000 SF
Gross Building Area: See Agent
Gross Land Area: 49.64 Acres
Sale Price: See Agent
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/22/2024

Overview / Comments

Unique opportunity to acquire 50 Mansion Drive, Rowley, Massachusetts. This unique offering, is truly one of a kind.

Built in 1903, the property features a 44,000± square foot impeccably maintained mansion, once known as Sea View Manor. The mansion was recently operated as a continuing care retirement rehabilitation estate.
Situated on 49.64± pristine acres, with panoramic views of the Ipswich Bay, Plum Island Sound and Halibut Point Reservation, makes the location of the property highly desirable. There is potential to acquire adjoining parcels.

Abutters include an equestrian facility, William Forward Wildlife Management, single family homes and vast wooded land and open areas.

Zoned Coastal Conservation District (CDD), this offering is ideal for residential development. The property is located approximately one mile from Route 1A and approximately 6.5 miles from Interstate 95.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Essex
Taxing Authority: Town of Rowley, MA
Tax ID/APN: 28-65
Zoning: COASTAL CONSERVATION DISTRICT
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Excellent
Construction/Siding: Brick
Parking Type: Surface

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 15,938 37,853
Median Age: 45.48 45.33
Households: 5,986 15,095

Contact

Photograph of Listing Agent

Christopher Healey

The Boulos Company NECPE Member
Photograph of Listing Agent

Roger Dieker

The Boulos Company
NECPE Member
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