8 Penobscot Way, Andover MA 01810

Andover, MA 01810
$600,000
Est. $3,193/month
1
Beds
1.5
Baths
1,997
Sq Ft
$300
Price/Sq Ft
0.67
Acres
1970
Year Built
Single Family Residence
Type
15
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73408476

About this home

This peaceful, waterfront property on Field Pond sits on a wooded 29,000+ sq ft lot, offering year-round serenity. An ideal canvas to customize & create your own private retreat while building sweat equity. Transform this into a sanctuary you'll love. The first floor features a living room, full bath & kitchen w/ access to a deck overlooking the pond. Upstairs offers a bedroom, half bath & walk-in closet. The finished walk-out lower level includes a family room, laundry, utilities & sliding glass doors to the side yard. Updates needed (but not limited to): kitchen, bathrooms, flooring, paint, windows, landscaping, HVAC & likely a roof. Town water & natural gas. Title V approved w/ a 4-bedroom septic system creates potential for future expansion (buyer to do due diligence). A rare opportunity to own instead of rent & enjoy a serene setting. Only minutes to Rte 93. Andover has highly-rated schools, 2 train stations & fabulous downtown area w/ many great restaurants, shopping & events.

Sale Statistics

Sale Overview
Original List Price: $650,000
Final Sale Price: $600,000
Difference: $50,000 (-7.7%)
Performance Metrics
92.3%
List to Sale Ratio
Sold below asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $325
Sale $/sq ft: $300
This property sold for $300 per square foot
Sale Summary

This property sold for 7.7% below the original asking price.

With only 15 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1970
Bedrooms
1
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,997 sq ft
Total Rooms
4

Interior Features

Flooring
Plywood, Vinyl, Flooring - Wall to Wall Carpet
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Water Heater, Range
Laundry Features
Electric Dryer Hookup, Washer Hookup, In Basement
Basement Details
Full, Finished, Walk-Out Access, Interior Entry, Concrete
Accessibility Features
No

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial, Bungalow
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Deck - Wood
Patio/Porch Features
Deck - Wood
Has Spa
No
Waterfront Features
Waterfront, Pond
Waterfront Property
Yes

Lot & Land

Lot Size
0.67 acres
Lot Size
29,055 sq ft
Lot Size Area
0.6700
Lot Features
Cul-De-Sac, Wooded
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
8
Parking Features
Paved Drive, Off Street

Utilities & Systems

Utilities Available
for Electric Range, for Electric Oven, for Electric Dryer
Water Source
Public
Sewer
Private Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Conservation Area, Highway Access
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$10,135
Tax Year
2025
Tax Assessed Value
$811,500
Tax Lot
4
Tax Map Number
50
Parcel Number
1838291
Zoning
SRC

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Will likely not qualify for conventional financing. There is a narrow strip of land between this lot and the pond that is not owned by the seller and is conservation land.
Exclusions
As Is- Where Is
Listing Terms
Contract

Location

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Neighborhood

8 Penobscot Way, Andover MA 01810

Andover, MA 01810

Walkability

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Schools

Elementary School
Bancroft Elmtry
Rating information coming soon
Middle School
Doherty Middle
Rating information coming soon
High School
Andover Hs
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $845
Homeowners Insurance $200
PMI $0

Property History

Market Insights

7.7%
Price Range
16
Total Days on Market

Property Timeline

Sold
Aug 22, 2025
$600,000
Property sold
Days on Market: 16
🏠
Listed for Sale
Jul 23, 2025
$650,000
Original listing
Agent: The Peggy Patenaude Team Office: William Raveis R.E. & Home Services

Price & Status History

Date Event Price Change
Jul 23, 2025 New Listing Added $650,000

Market Statistics

Days on Market
15 days
Price per Sq Ft
$300

Tax History

Year Taxes Assessment
2025 $10,135 $811,500

Financial Details

Annual Property Tax
$10,135
Tax Year 2025
Assessed Value
$811,500

Listing Information

Listing Agent The Peggy Patenaude Team
Listing Office William Raveis R.E. & Home Services
Agent MLS ID TM314892
Office MLS ID AN0949

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