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Serene Wooded Subdivision Land Opportunity
For Sale
$1,700,000
Pending

280 & 290 Spring Road, Dracut, MA 01826

29-lot subdivision near Peters Pond, convenient to highways.

Property SizeContact for details
Days on Market2301

Property Features for 280 & 290 Spring Road

General Information

Standard status Pending
Property subtype Lots/Land

Taxes and HOA fees

Annual Taxes $4,633
Listing Agency: Connie Doto Realty Group
Listed By: Constance Doto
Source: Exitrealty
Added: Jun 18, 2020 Changed: Sep 10 Last Checked: Sep 15 at 5:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Connie Doto Realty Group

Investment Insights

Based on property information with market context.

This property presents an opportunity for a 29-lot subdivision with an extended cul-de-sac, or a 22-lot subdivision with a shorter cul-de-sac, conceptual plans are available. The lots are serene and wooded, abutting Peters Pond. New construction in this location is estimated to sell for $600,000 to $700,000. Sewage access is available on Spring Road. The lots will require well water. The location offers convenient access to major highways and is near the West Methuen line and tax-free New Hampshire.

Key Highlights

  • Subdivision potential: Approved for 29 lots (extended cul‑de‑sac) or 22 lots (shorter cul‑de‑sac).
  • High resale value: New construction in the area sells for $600,000-$700,000.
  • Abuts Peters Pond: Enjoy a serene and wooded lot environment.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Kitchen & Bath Showroom Furniture & Home Goods Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

Demographics for 01826, MA

32,689
Population
12,480
Households
2.6
Avg Household Size
42
Median Age
35%
College-Educated
91%
High-School Grad
20.8 sq mi
ZIP Area
1,572
Density / Sq Mi
$111,451
Median Household Income
$58,361
Median Earnings
$1,740
Median Rent
$466,200
Median Home Value
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Frequently Asked Questions

What type of property is this?
Land - 29-lot subdivision near Peters Pond, convenient to highways.
Where is this land located?
The property is located at 280 & 290 Spring Road Dracut, MA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Subdivision potential: Approved for 29 lots (extended cul‑de‑sac) or 22 lots (shorter cul‑de‑sac).; High resale value: New construction in the area sells for $600,000-$700,000.; Abuts Peters Pond: Enjoy a serene and wooded lot environment.
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