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Rare re-development opportunity on a two acre lot in prime Northern Methuen! Bring your vision and your architect to this gorgeous, rural setting where neighboring new builds command well over $1,000,000. The existing antique farmhouse is currently a shell in need of everything, and the barn requires a full rebuild, creating an excellent footprint and opportunity to add a valuable Accessory Dwelling Unit (ADU). Public water and sewer are already conveniently located at the lot corner, saving you massive site development costs. Choose to restore the historic character or tear it all down to design a custom luxury estate where the rear woods serve as a private backdrop filled with local wildlife. Don't miss this once-in-a-lifetime opportunity to build massive equity and create your bespoke dream home in one of Methuen's most sought-after country locations-bring your contractors and explore the endless possibilities! Zoning is RR, "Rural Residential", 80,000 min lot, 200' of frontage.

More Info

Basic Information

  • Mls StatusNew
  • Lot Features Level
  • Parcel Number 2042470

Tax Information

  • Tax Assessed Value $475,000
  • Tax Year 2026
  • Taxes$5,321

School Information

  • High School Methuen
  • Elementary SchoolCgs
  • High SchoolMethuen
  • Junior HighCgs

Parking

  • Parking Spaces20

Basic Information

  • List Price$399,900
  • MLS Number73521015
  • Modification Date05/20/2026
  • Property SubTypeSingle Family Residence

Location

  • Address232 Hampstead Street
  • Building Number232
  • CountyEssex
  • StateMA
  • StreetHampstead Street
  • TownMethuen
  • Zip01844

Building

  • BasementFull
  • Building Area Units Square Feet
  • FoundationGranite
  • Property StyleFarmhouse
  • Year Built1884
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage1.84

Utilities

  • Heating None
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Lot Size Square Feet 80,000
  • Lot Size Units Acres

Amenities

  • AmenitiesShopping, Park, Golf, Medical Facility, Highway Access
  • Appliances IncludedWater Heater

Legal

  • ZoningRR

Other

  • Date Listed05/19/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Lindsay Strozza of Century 21 McLennan & Company

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