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    151 Smead Hill Rd Greenfield, MA 01301

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    For Sale
    $949,000

    Unique property with potential for various ventures in Greenfield.

    Lot size:
    5.44 Acres

    Property Features for 151 Smead Hill Rd

    General Information

    Lot size
    5.44 Acres

    Building Details

    Year built
    1994

    Source: SR Commercial Realty Agent Zaisha Robert

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Property in Greenfields

    The property at 151 Smead Hill Rd in Greenfield, MA, presents a unique opportunity within a Greenfields Rural Residential zone. Historically utilized as a wedding venue, the site now awaits an entrepreneur to develop a multi-use enterprise. The property features adaptable spaces suitable for a boutique bed and breakfast, an event venue, or a seasonal retreat. The zoning allows for open space cluster development, which provides opportunities for creative reconfiguration. This zoning approach allows for concentrated development while preserving natural communal areas, potentially paving the way for modern co-housing or shared amenity communities, all within a rural setting.
    Insight Report Location Intelligence

    Current Use by Public Records

    The Mountain Rose Inn Event Venue

    Suggested Use

    Law Firm Hotel & Motel HVAC Service Electrical Service Veterinary Clinic Acupuncture

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greenfield
    County
    Franklin
    State
    Massachusetts
    Longitude
    -72.6368431
    Latitude
    42.6291082

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    FAQs

    What type of property is this?
    Bed & breakfast - Unique property with potential for various ventures in Greenfield.
    Where is this bed & breakfast located?
    The property is located at 151 Smead Hill Rd Greenfield, MA.
    What is the asking price?
    The asking price for this property is $949,000.
    What are key features of this property?
    This property features: - Historic property with potential for multi-use enterprise such as a boutique bed and breakfast or event venue.; - Located in Greenfields Rural Residential zone.; - Zoning permits open space cluster development, allowing for creative reconfiguration.
    (413) 557-4846
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    151 Smead Hill Rd Greenfield, MA 01301
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    Greenfield, MA 01301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    151 Smead Hill Rd Greenfield, MA 01301
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