Spencer, MA
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    Spencer, MA Residential Land & Home Lots for Sale

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    East Brookfield, MA Leicester, MA Oxford, MA
    Waterfront Lot Ready for Building
    $350,000
    1.34 Acres

    Waterfront Lot Ready for Building

    12 Point Eastalee Drive, Spencer, MA 01562

    Serene, improved waterfront lot with well and septic design.

    • Waterfront lot on Sugden Reservoir, an 87+ acre recreational lake stocked annually with trout.
    • Approved 4‑bedroom septic design completed.
    • Artesian well already in place.
    • Order of Conditions secured, including approved location for a dock.
    • Babbling brook along one side of the property.
    Updated: Apr 27
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    Residential Land in Worcester, MA
    $365,000
    0.83 Acres

    Residential Land in Worcester, MA

    36,000 SF lot with development potential in Worcester.

    9 Luther Ave, Worcester, MA 01605
    View details
    Northborough Buildable Lot Near Mt Pisgah
    $300,000
    1.33 Acres

    Northborough Buildable Lot Near Mt Pisgah

    Buildable lot in scenic Northborough, near amenities and major highways.

    1A Mentzer Ave, Northborough, MA 01532
    View details
    Residential Land in Worcester, MA
    $59,999
    0.46 Acres

    Residential Land in Worcester, MA

    Large lot suitable for single-family development near amenities.

    Crawford St lot: B, Worcester, MA 01604
    View details
    Northborough Buildable Lot Near Mt. Pisgah
    $425,000
    2.47 Acres

    Northborough Buildable Lot Near Mt. Pisgah

    Buildable lot in desirable location with convenient access to amenities.

    429 Howard Street, Northborough, MA 01532
    View details

    Spencer, MA Residential Land & Home Lots Investment Opportunities Market Analysis

    Explore 1 residential land & home lots 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 $350,000.

    Sale prices for home sites 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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    Operating Costs & Financing

    Spencer property taxes are below the county average by 0.67 percentage points. Average Loan-to-Value is 65.0%.

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

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Spencer.

    Leading Commercial Asset Segments

    Agricultural land / Farmland 2
    Waterfront Land 1
    Residential land & home lots 1

    Spencer Demographics Overview

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

    Top Neighborhoods for Investment

    Discover the areas of Spencer with the highest concentration of for-sale assets and compare their average market prices.

    Neighborhood Price Range Average Price
    01562 $99.9K - 530K $15.1K

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