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51.9 Acres on Merrimack River
For Sale
$2,950,000

20 Bare Hill Rd, Groveland, MA 01834

51.9± acres with commercial and development potential in Groveland, MA.

Property SizeContact for details
Lot Size51.90 Acres
Days on Market747

Property Features for 20 Bare Hill Rd

General Information

Standard status Active
Lot size 51.90 Acres
Property subtype Commercial
Zoning R1

Taxes and HOA fees

Annual Taxes $33,906

Building Details

Year Built 1965
Listing Agency: Greater Boston Commercial Properties, Inc.
Listed By: Chris Bernier
Source: Churchillprop
Added: Aug 25, 2024 Changed: Sep 9 Last Checked: Sep 9 at 6:33AM

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 Greater Boston Commercial Properties, Inc.

Investment Insights

Based on property information with market context.

This is a rare opportunity to own approximately 51.9 acres of private land in Groveland, Massachusetts, situated along the south banks of the Merrimack River. The property is easily accessible to Boston's Logan Airport, which is approximately 30 miles away. Located on a hilltop, this site offers significant commercial and development potential. Formerly the Cedardale Swim and Tennis Club, the property has most recently been used as a day camp, conference center, and corporate retreat location. The site includes multiple structures, two swimming pools, a Par 3 golf course, three tennis courts, four volleyball courts, a Whiffle ball stadium, four basketball courts, dining pavilions, and a mini golf course. The property abuts conservation land and provides access to parks, trails, forest land, a ski area, and the Crane Pond Wildlife Management area. The site offers scenic treetop views. There is potential to create a corporate headquarters, recreation retreat, or family estate.

Key Highlights

  • 51.9± private acres on the Merrimack River with commercial and development potential.
  • Easily accessible to Boston's Logan Airport (30 miles).
  • Includes two swimming pools, a Par 3 golf course, and three tennis courts, plus other recreational facilities.

Property Analytics

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Current Use

Sports & entertainment properties

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Law Firm Parking Lot & Garage Daycare 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

24
Businesses Nearby
Well-served
Demand for This Use

Demographics for 01834, MA

6,752
Population
2,756
Households
2.4
Avg Household Size
46
Median Age
46%
College-Educated
97%
High-School Grad
8.9 sq mi
ZIP Area
759
Density / Sq Mi
$135,521
Median Household Income
$79,521
Median Earnings
$1,815
Median Rent
$571,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Sports & entertainment property - 51.9± acres with commercial and development potential in Groveland, MA.
Where is this sports & entertainment property located?
The property is located at 20 Bare Hill Rd Groveland, MA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 51.9± private acres on the Merrimack River with commercial and development potential.; Easily accessible to Boston's Logan Airport (30 miles).; Includes **two swimming pools, a Par 3 golf course, and three tennis courts**, plus other recreational facilities.
More about this property
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