Outstanding opportunity for builders and developers to acquire a prime 29,055 sq ft lot in one of Andover’s most desirable neighborhoods. Located on a cul-de-sac with direct access to walking trails & views of Field Pond, this wooded site offers both privacy & marketable lifestyle appeal. Gently sloping terrain offers design flexibility & possible walkout. TITLE V APPROVED w/ a 4-bedroom septic system design on file. The existing 1-bedroom, 1.5-bath structure, built in 1970, is ready for teardown, clearing the way for a high-end new construction project. Conveniently located just minutes from I-93 via Route 125, this property is ideal for commuters & offers strong resale potential in a sought-after area. Town water & natural gas are onsite, reducing development costs & complexity. All permitting & approvals to be secured by the buyer. Rarely does a lot of this quality & location become available so bring your plans & capitalize on a high-demand neighborhood w/ strong upside potential.
Lot/land
Price cut: $149.9K (7/21)
$650,000
8 Penobscot Way, Andover, MA 01810
--beds
0baths
0.67Acres
Residential
Built in ----
0.67 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Gently sloping terrainPossible walkoutWooded site
- 28 days
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