$695,000
0.22
Acres
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Property Description
Rare buildable 0.2273-acre (9,900 sq ft) lot in Newbury on Plum Island! Combine two side-by-side parcels (11 & 13) to build a multi-story home located on quiet 16th Street in the Newbury Plum Island Overlay District (PIOD) with northern views of The Basin. Unlike most of Plum Island, this is NOT in a flood zone. Preliminary due diligence with the town suggests the footprint supports approximately 1980 sq ft with 3BR of new construction with ample room for plenty of off-street parking. Municipal water and sewer are already on the street. An existing 600 sq ft cottage, supporting seasonal use, on parcel 13 establishes an excellent precedent for non-conforming structure/use. A 2-lot survey is available. Buyer is responsible for combining the parcels and for paying an outstanding $2,400 sewer betterment assessment (Water betterment has been paid) and to perform all due diligence. Signage on-site—come create your dream island getaway!
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Highlights
- Area: Plum Island
- Property Type: Residential
- Property Class: Land
- Status: Active
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Additional Details
- Lot Features: Level
- Road Frontage Type: Public
- Number of Lots: 1
- Zoning: Plum Isand
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Marina
- Waterfront Features: Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public, Other (See Remarks))
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Utilities
- Electric: On-Site
- Water Source: At Street
- Sewer: Public Sewer, At Street
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Fees / Taxes
- Assessed Value: $551,000
- Taxes: $2,612
- Tax Year: 2026
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