Lots 1 & 2 249 Andover St, Danvers MA 01923

Danvers, MA 01923

$550K

· 3.5 ac

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The residence

249 Andover Street is 3.5 acres of developable land with 300 feet of frontage on Route 114, existing improvement is a 1,734 +/- footprint with a detached 2-car garage, two (2) curb cuts and zoned R3 (Residential). It is believed there is a jurisdictional wetland and watercourse present on the property, Brian has the survey. Likely re-development uses would be a single-family by right, or two single-family homes with a shared drive through local permitting. The additional value-add with this unique property is for the developer to consider filing a sub-division plan with the town extending the abutting Commercial zoning as 1-acre in the front as Lot 1 and keeping the rear Residential as 2.5 acres as Lot 2, providing the abutting homes on LeBlanc Drive with the natural buffer zone and building the shared drive where the existing culvert is. Buyer to perform all due diligence.

At a glance

Property type: Residential
Status: Active
Lot size: 3.5 acres
MLS#: c4181b3e6199fa44f5d121d6db6e8e1e
Beds · Baths: 0 · 0

Location

Danvers, MA.

Danvers, Massachusetts, is a market our advisors follow closely — its streets, housing stock and setting each shape what a residence here is worth and how it lives day to day. We are glad to walk you through the locale in detail, and how this particular address sits within it.

Estimated Monthly Payment+

$3K/mo

Approximate · principal & interest only

Down payment · 25%Interest rate · 6.75%Term · 30 years

Display Currency

$550K

Indicative conversion — settlement always in USD.

Private Showing

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Listing courtesy of The Mega Group · MLSPIN

MLS Property Information Network.The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

Listings updated Oct 12, 2026

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