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    Spencer, MA
    Waterfront

    Spencer, MA Waterfront Land for Sale

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    East Brookfield, MA Leicester, MA North Brookfield, MA Oxford, MA Brookfield, MA Paxton, MA Worcester, MA Charlton, MA
    Waterfront Residential Development Lot
    Updated: Apr 27
    Waterfront Residential Development Lot

    12 Point Eastalee Drive, Spencer, MA 01562

    $350,000
    1.34 AC lot
    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
    Order of Conditions secured, including an approved dock location
    Accessory dwelling unit (ADU) potential, subject to town approval
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    Waterfront Lot Ready for Building
    Updated: Apr 18
    Waterfront Lot Ready for Building

    12 Point Eastalee Drive, Spencer, MA 01562

    $350,000
    Waterfront lot on Sugden Reservoir, an 87+ acre recreational lake stocked with trout.
    Approved 4‑bedroom septic design in place.
    Artesian well already installed.
    Order of Conditions secured, including approved dock location.
    Babbling brook along one side of the property.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Spencer, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Direct Waterfront Residential Lot
    Direct Waterfront Residential Lot

    16 Black Point Rd, Webster, MA 01570

    $149,000
    0.17 AC lot

    Direct frontage on fully recreational Webster Lake with public water and sewer available at the street.

    View details
    Direct Waterfront Land Lot
    Direct Waterfront Land Lot

    16 Black Point Rd, Webster, MA 01570

    $135,000
    0.17 AC lot

    Rare direct frontage lot on fully recreational Webster Lake with public water and sewer at the street.

    View details
    Waterfront Land on Prindle Lake
    Waterfront Land on Prindle Lake

    Oak Ridge Dr lot: 7, Charlton, MA 01507

    $85,000
    0.39 AC lot

    Waterfront lot on peaceful Prindle Lake with southern exposure.

    View details
    Waterfront Land Homesite
    Waterfront Land Homesite

    L3 Partridge Hill Road, Charlton, MA 01507

    $250,000

    Vacant waterfront lot with direct frontage on South Charlton Reservoir along a scenic country road.

    View details

    Spencer, MA Waterfront Land Market Trends and Statistics

    Explore 2 waterfront land for sale in Spencer, MA on our real estate platform. These investment opportunities span a total of 58,370 square feet of properties for sale, with an estimated market value of $700,000.

    Sale prices for water rights properties in Spencer, MA average $350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 3
    Waterfront Land 2

    Demographics Overview

    Population 12K
    Population Growth (5Y) +0.4%
    Median Household Income $79,086
    College Educated 38.2%

    High-Yield Neighborhoods for Investment

    Identify Spencer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    01562 $350K

    Taxes & Financing

    Tax Rate (average for all types) 1.14%
    Property Tax per SF $25.23 per SF
    Tax Rate vs County Average 0.67 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Worcester County

    New Delisted

    Total CRE Inventory on Market (SF)

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