NOT LISTED FOR SALE

0 Red Spring Rd Marlborough, MA 01752

46 Acres
-- Price per Acre
2,003,760 Sq Ft Lot

Sale Details

Date Sold: December 29, 2021

Last sale price $4,452,000

9 Days on Market

About This Lot

As of December 2021

Attention investors and developers. Unique LAND ONLY sale, located on Fort Pond Reservoir (Public Lake) consisting of 46+/- acres. There are 25, Land Leased, revenue producing, mostly waterfront lots, PLUS another area of 10+/- acres of wooded land. The wooded area sits high on gently sloped hill over-looking the lake. This area has easy access to 3 different City roads that have public water and sewer, hydrants, gas lines and electrical services. Property is Zoned A-2 residential, with 18,000 SF minimum lot size. The 25 Land Leased lots are on 5 year, renewable, leases. The improvements (Homes etc.) on the leased land are the property of the tenants. The leases are NNN with the only exception being an expense for maintenance of a private dirt road. Buyer is responsible for all due diligence. Opportunity for substantial rental income plus ownership of raw land.

Last Agent to Sell the Property

Kevin Curry

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 06/05/2021

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Stefanie Ferrecchia

Dora Naves & Associates

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • Directions: Call Listing agent for directions. Do not walk land without Listing Agent please.
  • Road Frontage Type: Private Road, Dead End
  • Road Surface Type: Unimproved
  • Special Features: None

Interior Features

  • MAIN LO: AN6527
  • MAIN SO: BB3955

Exterior Features

  • View: Scenic View(s)
  • Disclosures: The Deeded Total Acreage Is 48.9 Acres. But 4 Homes Are Not Included In The Sale, Approximately 2.9+/- Acres Excluded. Therefore Land For Sale Is 46.0+/- Acres. Call Agent For Location Of Four Excluded Homes. There Is A Sewer Easement That Runs Through The Undeveloped Area. See Agent.
  • Lot Features: Easements, Wetlands, Wooded, Irregular Lot, Gentle Sloping, Steep Slope, Other
  • Waterfront Features: Waterfront, Beach Front, Stream, Lake, Frontage, Direct Access, Other (See Remarks)
  • Waterfront: Yes

Utilities

  • Gas: At Street, Other (See Remarks)
  • Electric: At Street
  • Sewer: Public Sewer, Other
  • Water Source: Public, Other

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • LOT SIZE: 2003760
  • PERC TEST: N
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 2003760
  • Zoning: A-2

Tax Info

  • Tax Annual Amount: 14507.94
  • Tax Book Number: 18768
  • Tax Lot: 10
  • Tax Map Number: 30
  • Tax Year: 2021
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2021 12/29/21 Sold $4,452,000 +6.0% --
06/14/2021 06/14/21 Pending -- -- --
06/05/2021 06/05/21 For Sale $4,200,000 -- --
Source: MLS Property Information Network (MLS PIN)

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72844218

MLS Property Information Network (MLS PIN)
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