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MA Properties

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8 Penobscot Way Andover, MA 01810

0.67 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73401931

HOA Y/N false

Annual Tax Amount $10,135

Tax Year 2025

Lot Size 0.670 Acres

Acres 0.67

Property Sub-Type Residential

Property Description

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.

Location

State MA

County Essex

Area South Andover

Zoning SRC

Direction Rte 125 to Gould (behind State Police Barracks), left on Farrwood, right on Penobscot

Exterior

Community Features Walk/Jog Trails, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station

Waterfront Description Waterfront,Pond

View Y/N Yes

View Scenic View(s)

Building

Lot Description Easements, Gentle Sloping, Cul-De-Sac

Sewer Private Sewer

Water Public

Schools

Elementary Schools Bancroft

Middle Schools Doherty

High Schools Ahs

Others

Senior Community false

Listed by William Raveis R.E. & Home Services

MA Properties

Agent | License ID: TM305053

+1(844) 962-7767

MA Properties

8 Penobscot Way Andover, MA 01810

Key Details

Location

Exterior

Building

Schools

Others

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