1 Chase Road, Sturbridge MA 01566

Sturbridge, MA 01566
$1,990,000
$1,500,000
Est. $7,785/month
36.00
Acres
560
Days on Market
For Sale Price Drop -$490,000 Listed Feb 9, 2025 • MLS# 73333739 Copied! • Updated Jun 23, 2026

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About this home

Chase Road was previously approved for a 71 unit Multiple Dwelling Project. 24 acres for the town house style homes and 12 acres of open space on a 450 foot cul-de-sac. On the corner of Hall Road and Chase Rd. is a 2.4 acre commercial lot. This property is ideally situated, 1/2 mile to the on ramp to I84 and I90 behind Wendie's on Rt. 20. Providing exceptional access to Route 49, Rt. 20, Rt. 148, Tr. 131, I84 and I 90, making the property very accessible throughout Central New England. All interested parties must conduct an independent investigation as to the feasibility of this site and determine its maximum building potential. Southern Worcester county has a great need for market rate, 55+ apartment rentals and assisted living. Zoned for market rate OSRD, 55+ community, assisted living, nursing home, hospital, 40B, single family attached, SF rental or any combination thereof with town approval. Subsurface explorations - 17 soil test borings & 51 test pits.

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Recently Sold Nearby

Property History

Market Insights

2
Price Changes
24.6%
Price Range

Property Timeline

Price Reduced
Jun 20, 2026
$1,500,000 $200,000 (-11.76%)
From $1,700,000 to $1,500,000 (-11.8%)
Price Reduced
Apr 2, 2026
$1,700,000 $290,000 (-14.57%)
From $1,990,000 to $1,700,000 (-14.6%)
🏠
Listed for Sale
Feb 9, 2025
$1,990,000
Original listing
Agent: David Bruce Ford Office: RE/MAX Prof Associates

Tax History

Year Taxes Assessment
2025 $0 $0

Financial Details

Annual Property Tax
$0
Tax Year 2025
Assessed Value
$0

Facts & Features

Home Facts

Type Land
Style Residential
Lot Size 36.00 acres

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Utilities

Electric At Street
Water Public, At Street
Sewer Public Sewer, At Street
Gas None
Other None
Annual Tax 0.00
Assessed Value 0.00
Seller Disclosures There Is An Existing Recorded Covenant With The Town That Prohibits The Sale Of Any Of The Lots Fronting On Chase Rd Prior To Completion Of The Remaining Roadway And Improvements.
Possession None
Accepted Financing None
Structure Type []
Documents Land Survey, Topographical Map, Order Of Conditions, Restrictive Covenants, Aerial Photo, Drawings (6)
County Worcester
Total market time (incl. prior listings) 499 days

Property Overview

Property Type
Residential
Listing Type
For Sale

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public, At Street
Sewer: Public Sewer, At Street
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Easements, Level, Rolling Slope, Wooded, Additional Land Available, Cul-De-Sac, Storm Drains
Road Surface: Paved

Parking & Garage

Parking Features:
School District
Sturbridge School District local
B
School Safety 2024-25
0.0% Very Low (Safest)
5.5% below state avg
E

Elementary Schools

3 schools
B+
Burgess Elementary School
1.5 mi | #330 of 824 | Score: 49.9
Improved 87 spots from last year
-8.4 below state avg
842 students Moderate
Rising School
Grades PK-06
C
Old Sturbridge Academy Charter Public School
1.8 mi | #284 of 352 | Score: 32.8
Improved 33 spots from last year
-25.4 below state avg
356 students Diverse
Rising School
Grades K-08
C-
West Street School
2.5 mi | #724 of 824 | Score: 34.0
Improved 18 spots from last year
-24.2 below state avg
323 students Moderate
Grades 01-05
M

Middle Schools

2 schools
B+
Tantasqua Regional Junior High School
2.9 mi | #143 of 352 | Score: 44.9
Dropped 10 spots from last year
-13.3 below state avg
576 students Less Diverse
Grades 07-08
C
Southbridge Middle School
3.8 mi | #282 of 352 | Score: 33.3
Improved 1 spots from last year
-24.9 below state avg
380 students Diverse
Grades 06-08
H

High Schools

3 schools
Southbridge Academy
3.1 mi
21 students Diverse
Grades 06-12
C-
Southbridge High School
3.8 mi | #310 of 346 | Score: 35.8
Improved 22 spots from last year
-22.5 below state avg
419 students Moderate
12 sports • 498 athletes
Early College Program Rising School College Ready Curriculum
Grades 09-12
C+
Tantasqua Regional Vocational High School
4.8 mi | #231 of 346 | Score: 48.4
Improved 19 spots from last year
-9.8 below state avg
542 students Less Diverse
Strong AP Program Career Tech Programs
Grades 09-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $0
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

1 Chase Road, Sturbridge MA 01566

Sturbridge, MA 01566

Listing Information

Listing Agent David Bruce Ford
Listing Office RE/MAX Prof Associates
Office Phone 508-347-9595
Agent MLS ID K0001427
Office MLS ID K01527
Listing Data Updated Jun 23, 2026 2:26 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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