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    Spencer, MA Waterfront Land for Sale

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    East Brookfield, MA Leicester, MA North Brookfield, MA
    Waterfront Residential Development Lot
    $350,000
    1.34 Acres
    Waterfront Residential Development Lot

    12 Point Eastalee Drive, Spencer, MA 01562

    Waterfront parcel with an artesian well, approved septic design, and secured dock location for streamlined residential buildout.
    • 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
    Updated: Apr 27
    View details
    Waterfront Lot Ready for Building
    $350,000
    Waterfront Lot Ready for Building

    12 Point Eastalee Drive, Spencer, MA 1562

    Serene waterfront lot with well, septic design, and dock.
    • 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.
    Updated: Apr 20
    View details
    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.

    Waterfront Land with Deep Water
    $50,000
    1.60 Acres
    Waterfront Land with Deep Water

    Package of village-zoned parcels with approximately 195 feet of Otter River frontage and frontage meeting zoning requirements.

    3 Lots on Mill Street lot: 284, 285, 62, Templeton, MA 01436

    View details
    Waterfront Industrial Land Parcel
    $109,500
    2.00 Acres
    Waterfront Industrial Land Parcel

    Industrial land with Otter River frontage, utilities nearby, and an older 10,000+ SF structure.

    Mill Street lot: 63, Templeton, MA 01468

    View details
    Waterfront Lot on Dudley Pond
    $759,000
    Waterfront Lot on Dudley Pond

    Large lot with dock on Dudley Pond, Wayland, MA.

    123 Dudley, Wayland, MA 1778

    View details
    Dudley Pond Waterfront Lot
    $799,000
    Dudley Pond Waterfront Lot

    Large lot on Dudley Pond with expired septic approval.

    123 Dudley Rd, Wayland, MA 1778

    View details

    Spencer, MA Waterfront Land Investment Opportunities Market Analysis

    Explore 2 waterfront land for sale in Spencer, MA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $700,000.

    Sale prices for water rights properties in Spencer, MA start at $350,000, averaging $350,000, and reaching up to $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

    Agricultural land / Farmland 2
    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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