$525,000
4
Beds
2/1
Baths
1,822
Living Area
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Property Description
**ATTENTION BUILDERS, DEVELOPERS & REAL ESTATE INVESTORS!** Rare redevelopment opportunity in desirable **West Peabody**. Located at **4 Pinewood Road, Peabody, MA**, this property is likely a **tear-down** and offers an exciting opportunity for a builder, developer, or investor looking to unlock the potential of a **level lot in an established residential neighborhood**.Potential redevelopment possibilities may include construction of a **new single-family home or possible two-unit/condex-style project**, subject to zoning, permitting, municipal approvals, and buyer due diligence.Conveniently located near major highways, shopping, schools, and area amenities, this property offers an attractive location for new construction.**Property is being marketed primarily for its redevelopment potential and is being sold as-is.** Buyers and buyers' agents are responsible for independently verifying all information, including lot dimensions, zoning, allowable use, utilities, permitting requirements, and development potential with the City of Peabody. Seller and listing agent make no representations or warranties regarding the property's suitability for any particular use or development.**Bring your plans, your builder, and your vision—opportunities like this in West Peabody are hard to find.**
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Highlights
- Area: West Peabody
- Parking Spots: 5
- Property Type: Multi Family
- Total Rooms: 9
- Status: Closed
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1963
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Additional Details
- Basement: Full
- Lot Features: Fill Needed, Level
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R1
- Foundation: Concrete Perimeter
- Road Frontage Type: Public
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Parking Features: Paved Drive
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $624,900
- Taxes: $5,787
- Tax Year: 2025
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Clements Realty Group.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.