22 Acre Estate or Family Compound Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30622811
Property Subtypes: Residential (Single Family)
Gross Land Area: 21.26 Acres
Sale Price: $539,900
Unit Price: $25,395 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/7/2020

Overview / Comments

This is your opportunity to build your family compound or estate in the charming city of Amesbury, on Boston's beautiful North Shore. Looking for space to spread out, sick of the tight building lots in the bigger cities? This may be your ticket out of the city crowds. Offered for sale is a 21.26-acre building lot with Lake Attitash views, in the R40 zone, which allows most residential and agricultural uses. This was previously approved for 40 single-family homes, but we believe the highest and best use would be as a private estate or family compound. Potential exists for combining this with an abutting 14.85-acre lot at extra cost, for a total of approximately 36 acres.

Amesbury is a charming small city that is tucked between and borders Newburyport, Salisbury & Merrimac, MA, and Kensington, South Hampton & Newton, NH. Amesbury has it all: expansive open spaces, trails, parks, crystal clear lakes, a charming downtown with great restaurants, shops, services, and houses of worship. All of this and just a short drive to Boston, the NH mountains, beaches, and sales tax-free New Hampshire shopping.

Prospective buyers and their developers are encouraged to conduct due diligence as to specific facts and the suitability of this land for your proposed use. Broker obtained all information from the owner and public records.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Essex
Taxing Authority: City of Amesbury
Tax ID/APN: 83/24
Zoning: R40
Property Visibility: Good
Traffic/Vehicle Count: 6,802
Site Description: Well situated on MA Route 110, Haverhill Road, equidistant from I-495 Exit 53, Merrimac, and Exit 54, Amesbury.
Lot Frontage: 75.0
Lot Depth: 2400.0
Topography: Rolling

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,318 29,681 59,185
Median Age: 43.18 42.14 43.23
Households: 1,239 11,529 23,522
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.