$5,900,000
About this home
Prime Development Opportunity in Beverly, MA—recently named the hottest housing market in the U.S. by Realtor.com. This potentially developable 39+ acre site offers a rare chance to create a large-scale residential or mixed-use community in a sought-after North Shore location. The centerpiece is 128 Boulder Lane (26 acres), zoned Restricted Industrial (IR), while surrounding parcels are R15 (single-family residential). While zoning favors single-family homes, select multi-family projects—such as Subsidized Elderly Housing—or commercial uses may be permitted by Special Permit. Excellent location near major routes, Gordon College, and Beverly Farms. With strong demand for housing and specialized communities, this property offers developers an exceptional canvas. Buyer and buyer's agent to do their own diligence.
Property details
- MLS #
- 73427608
- Property type
- Land
- Subdivision
- N/A
- Status
- Active
- Days on market
- 396
- On market date
- September 8, 2025
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 40 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 292
- Student:teacher ratio
- 10.1:1
- District
- Beverly
- Enrollment
- 283
- Student:teacher ratio
- 10.5:1
- District
- Manchester Essex Regional
- Enrollment
- 1,299
- Student:teacher ratio
- 13.8:1
- District
- Beverly
Walkability
Blended score for Beverly's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Beverly, from live MLS data.
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated September 15, 2025.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.