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8 Penobscot Way, 
Andover, MA 01810

$650,000


Bed


Bath


-

Sq Ft


0.67

Acres (Lot)


Land

Active

Listed by

The Peggy Patenaude Team

Peggy Patenaude

William Raveis R.E. & Home Services

978-475-5100

Last updated:

August 5, 2025, 10:30 AM

MLS#

73401931

Source:

MLSPIN

About This Land

8 Penobscot Way

Outstanding opportunity for builders and developers to acquire a prime 29,055 sq ft lot in one of Andover’s most desirable neighborhoods. Located on a cul-de-sac with direct access to walking trails & views of Field Pond, this wooded site offers both privacy & marketable lifestyle appeal. Gently sloping terrain offers design flexibility & possible walkout. TITLE V APPROVED w/ a 4-bedroom septic system design on file. The existing 1-bedroom, 1.5-bath structure, built in 1970, is ready for teardown, clearing the way for a high-end new construction project. Conveniently located just minutes from I-93 via Route 125, this property is ideal for commuters & offers strong resale potential in a sought-after area. Town water & natural gas are onsite, reducing development costs & complexity. All permitting & approvals to be secured by the buyer. Rarely does a lot of this quality & location become available so bring your plans & capitalize on a high-demand neighborhood w/ strong upside potential.

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.67

MLS #:

73401931

Last Updated:

August 5, 2025, 10:30 AM


Finances & Disclosures

Finances

Price:

$650,000

Source:MLSPIN
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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