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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 conveniently on lot, 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

  • Lot Features Level, Cleared, Curbs & Gutters, Storm Drains
  • Mls StatusUnder Agreement
  • Parcel Number 2042470
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $475
  • Tax Year 2025
  • Taxes$5,321

Basic Information

  • List Price$399,900
  • MLS Number73521016
  • Modification Date05/26/2026
  • Property SubTypeResidential
  • Purchase Contract Date05/26/2026

Location

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

Building

  • Building Area Units Square Feet

Property

  • Acreage2

Utilities

  • Electric At Street
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Lot Size Square Feet 87,120
  • Lot Size Units Acres
  • View YN Yes

Amenities

  • Amenities
    • Conservation Area
    • Golf
    • Highway Access
    • Medical Facility
    • Park
    • Shopping
  • Other AmenitiesGolf

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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