Waterfront Residential Development
For Sale
$350,000
12 Point Eastalee Drive, Spencer, MA 01562
LAND - Spencer, MA
Lot Size1.34 Acres
Days on Market97
Property Features for 12 Point Eastalee Drive
General Information
Property type
Land
Property subtype
Other
Zoning
LR
Directions
Off Donnelly
Standard status
Active
APN
M:00U34 B:00037 L:00002,4060244
Lot size
1.34 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1524
Utilities
Water front
1
Listing Agency:
RE/MAX Vision · RE/MAX International
(508) 595-9900
Listed By:
Jeff Burk · License #9035530
(508) 595-9900
Added: Apr 27
Changed: Jun 27
Last Checked: Aug 1 at 2:06PM
MLS# 73507949
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a waterfront land parcel in Spencer, MA offered for sale with key site services and approvals already in place. The property includes an artesian well, an approved 4-bedroom septic design, and an Order of Conditions that has secured an approved dock location. A custom home plan is available upon request, and the lot includes the natural setting of a babbling brook along one side, plus frontage on Sugden Reservoir.
Sugden Reservoir is described as an 87+ acre, full-recreational lake. The waterbody is characterized as one of the area’s cleanest lakes and is stocked annually with trout, offering an outdoors-focused waterfront environment. The listing also notes potential for an accessory dwelling unit, subject to town approval.
For buyers looking to build in a permitted waterfront setting, the presence of an approved septic design and secured dock location can help reduce early project hurdles. The property’s residential zoning designation (LR) supports development of a single-family home and, with town approval, an additional ADU. This parcel is well suited for an owner-builder or developer seeking a waterfront lot with documented groundwork already completed.
Sugden Reservoir is described as an 87+ acre, full-recreational lake. The waterbody is characterized as one of the area’s cleanest lakes and is stocked annually with trout, offering an outdoors-focused waterfront environment. The listing also notes potential for an accessory dwelling unit, subject to town approval.
For buyers looking to build in a permitted waterfront setting, the presence of an approved septic design and secured dock location can help reduce early project hurdles. The property’s residential zoning designation (LR) supports development of a single-family home and, with town approval, an additional ADU. This parcel is well suited for an owner-builder or developer seeking a waterfront lot with documented groundwork already completed.
Key Highlights
- 1.34‑acre waterfront lot with frontage on Sugden Reservoir, an 87+ acre full‑recreational lake
- Artesian well already in place
- Approved 4‑bedroom septic design
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Explore this area
Business Placement
Demographics for 01562, MA
11,992
Population
5,788
Households
2.1
Avg Household Size
44
Median Age
27%
College-Educated
92%
High-School Grad
32.9 sq mi
ZIP Area
364
Density / Sq Mi
$79,086
Median Household Income
$49,131
Median Earnings
$1,085
Median Rent
$368,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Waterfront parcel with an artesian well, approved septic design, and secured dock location for streamlined residential buildout.
Where is this waterfront land located?
The property is located at 12 Point Eastalee Drive Spencer, MA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1.34‑acre waterfront lot with frontage on Sugden Reservoir, an 87+ acre full‑recreational lake; Artesian well already in place; Approved 4‑bedroom septic design
