$650,000
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8 Penobscot Way, Andover, MA 01810

Outstanding opportunity for builders and developers to acquire a prime 29,055 sq ft lot in one of Andovers 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.

  • MLS# 73401931
  • Date Listed07/09/2025
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.67 acres (29,055 sq. ft)
  • Sewer Private Sewer
  • Property Type
  • County Essex
  • Water Public

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.67
  • Lot Size SQFT 29,055.00
  • Lot Features Gentle Sloping, Cul- De- Sac

Financial Considerations

  • Tax Amount $10,135
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in MA / 01810

Source: Walkscore

4/100

Car-Dependent

Walk Score ®

25/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 15/100, Transit Score: 0/100, Bike Score: 24/100.

Property Change History

Property Lot Features updated
Gentle Sloping, Cul-De-Sac, WaterfrontGentle Sloping, Cul-De-Sac
List Price decreased from $799,900 to $650,000

Points of Interest near 8 Penobscot Way, Andover, MA 01810

Frequently Asked Questions for 8 Penobscot Way

Source: Realty.com

8 Penobscot Way, Andover, MA 01810 is a , Land property listed for $650,000 The property is - sq. ft with - bedrooms and 0 bathrooms

Realty.com has 5 photos of 8 Penobscot Way.

The full address for this home is 8 Penobscot Way, Andover, MA 01810.

8 Penobscot Way has been listed on Realty.com since Wed July 09, 2025

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 15/100, Transit Score: 0/100, Bike Score: 24/100.

There are 3 schools assigned to this home. Check out the schools near 8 Penobscot Way. E Ethel Little School (Grades: PK - 5), Doherty Middle School (Grades: 6 - 8), North Reading High School (Grades: 9 - 12)

Listing provided courtesy of: William Raveis R.e. & Home Services (tel: 978-475-5100)
Listing agent: The Peggy Patenaude Team (tel: 978-804-0811) (#TM314892)

This content last refreshed on 2025-12-14 02:57:23. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 8 Penobscot Way, Andover, MA 01810 : MLS# 73401931