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223 Worcester Road, Sterling MA 01564

Sterling, MA 01564
$799,900
$799,000
Est. $4,280/month
0.00
Acres
403
Days on Market
Active Price Drop -$900 Listed Jun 2, 2025 • MLS# 73383570 Copied! • Updated Jun 21, 2026

About this home

Perfect opportunity for a 40B project. Prime Mixed-Use Development Opportunity in Sterling! Welcome to 223 Worcester Road, a 3.7-acre parcel of mixed-use zoned land offering endless potential for residential, commercial, or combined development. Strategically located on a well-traveled road just minutes from Mt. Wachusett, this lot presents an exceptional opportunity for builders, investors, and developers alike.This offering also includes the iconic Sterling Inn at 240 Worcester Road, situated on an additional 1.6 acres with nearly 12,000 sq ft of existing structure. Whether you’re looking to revitalize the historic inn, convert it to multi-unit housing, or create a vibrant mixed-use community, this combined 5.3-acre site allows for creativity. With its central location, mixed-use zoning, and proximity to outdoor recreation, this is a rare development opportunity.

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Recently Sold Nearby

Property History

Market Insights

2
Price Changes
37.5%
Price Range

Property Timeline

Price Increased
Jun 17, 2026
$799,000 +$299,000 (+59.8%)
From $500,000 to $799,000 (+59.8%)
👤
Agent Changed
Jun 8, 2026
Kelly Espinola → The Espinola Group
Agent: The Espinola Group
Price Reduced
Mar 2, 2026
$500,000 $299,900 (-37.49%)
From $799,900 to $500,000 (-37.5%)
🏠
Listed for Sale
Jun 2, 2025
$799,900
Original listing
Agent: Kelly Espinola Office: Keller Williams Realty-Merrimack

Tax History

Year Taxes Assessment
2025 $477 $37,000

Financial Details

Annual Property Tax
$477
Tax Year 2025
Assessed Value
$37,000

Facts & Features

Home Facts

Type Land
Lot Size 0.0000

Exterior

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

Utilities

Electric At Street
Water Private
Sewer Private Sewer, Perc Test On File
Gas Nearby
Other None
Annual Tax $477
Assessed Value $37,000
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents Perc Test, Land Survey, Aerial Photo, Drawings (4)
County Worcester
Total market time (incl. prior listings) 384 days

Property Overview

Listing Type
Land

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

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: Private
Sewer: Private Sewer, Perc Test On File
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level, Wetlands
Road Surface:

Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $40
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

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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

223 Worcester Road, Sterling MA 01564

Sterling, MA 01564

Listing Information

Listing Agent The Espinola Group
Listing Office Keller Williams Realty-Merrimack
Office Phone 978-692-3280
Agent MLS ID TM363470
Office MLS ID G95166
Listing Data Updated Jun 21, 2026 4:05 AM 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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223 Worcester Road, Sterling MA 01564 - Photo 1 223 Worcester Road, Sterling MA 01564 - Photo 2 223 Worcester Road, Sterling MA 01564 - Photo 3 223 Worcester Road, Sterling MA 01564 - Photo 4 223 Worcester Road, Sterling MA 01564 - Photo 5 223 Worcester Road, Sterling MA 01564 - Photo 6 223 Worcester Road, Sterling MA 01564 - Photo 7 223 Worcester Road, Sterling MA 01564 - Photo 8 223 Worcester Road, Sterling MA 01564 - Photo 9 223 Worcester Road, Sterling MA 01564 - Photo 10 223 Worcester Road, Sterling MA 01564 - Photo 11 223 Worcester Road, Sterling MA 01564 - Photo 12 223 Worcester Road, Sterling MA 01564 - Photo 13 223 Worcester Road, Sterling MA 01564 - Photo 14
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