128 Boulder Lane, Beverly MA 01915

Beverly, MA 01915 • Montserrat
$5,900,000
Est. $31,402/month
40.00
Acres
17
Days on Market
Active Listed Sep 26, 2025 • MLS# 73427608

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.

Facts & Features

Property Overview

Property Category
Land

Interior Features

Exterior & Structure

Waterfront Property
No

Lot & Land

Lot Size
40.00 acres
Lot Size
1,742,400 sq ft
Lot Size Area
40.0000
Lot Features
Easements, Wetlands, Sloped, Wooded
Road Frontage Type
Paper Road, None

Parking & Garage

Utilities & Systems

Water Source
At Street
Sewer
At Street
Electric
At Street
Gas
Nearby

Community & HOA

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, University
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$26,000
Tax Year
2025
Tax Assessed Value
$1,448,100
Parcel Number
4189673
Zoning
MIXED USE

Additional Details

Disclosures
Property includes an existing cell tower subject to long-term lease agreement. The seller receives $16, 000 annually from the cell tower. A portion of the land crosses town line into Wenham. Buyer and buyer's agent to do their own diligence.

Location

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Neighborhood

Montserrat

128 Boulder Lane, Beverly MA 01915

Beverly, MA 01915

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $2,167
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
Sep 8, 2025
$5,900,000
Original listing
Agent: The Synergy Group Office: The Synergy Group

Price & Status History

Date Event Price Change
Sep 8, 2025 New Listing Added $5,900,000

Market Statistics

Days on Market
17 days
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2025 $26,000 $1,448,100

Financial Details

Annual Property Tax
$26,000
Tax Year 2025
Assessed Value
$1,448,100

Listing Information

Listing Agent The Synergy Group
Listing Office The Synergy Group
Agent MLS ID TM321745
Office MLS ID AN7316

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