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$5,900,000

128 Boulder Lane, Beverly MA 01915
Beverly, MA 01915
Listed by The Synergy Group
Bedrooms
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Bathrooms
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Living area
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Year built
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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
N/A
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
40 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Centerville Elementary
0.83 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
292
Student:teacher ratio
10.1:1
District
Beverly
Middle
Manchester Essex Regional Middle School
3.05 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
283
Student:teacher ratio
10.5:1
District
Manchester Essex Regional
High
Beverly High
3.04 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,299
Student:teacher ratio
13.8:1
District
Beverly

Mortgage calculator

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Est. monthly payment
$35,680/mo
$1,180,000 down
$4,720,000 loan
Principal & interest$30,614
Property tax (est.)$4,917
Home insurance (est.)$150

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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.