• $990,000List Price
  • 6Bedrooms
  • 3Bathrooms
  • 0.15Acreage
  • 1930Year Built
  • 1,810Square Feet

One of the most compelling redevelopment opportunities available on Plum Island, offering ocean views & a prime location just steps to the beach, restaurants & attractions. Situated on a 6,499sqft lot with 6 off-street parking spaces, the property is a grandfathered legal 3-family structure containing ~1,810sqft of living area. Two potential development concepts (with town approvals) may include: (1) three luxury 2-bedroom, 1-bath condos with ~600sqft of heated living space, two-car parking & ~475sqft of outdoor deck space; or (2) two larger luxury condos with ~900sqft of heated living space, 2-car parking & ~750 sqft. of outdoor deck space. Conceptual plans available upon request to qualified buyers. Buyer to perform all due diligence re zoning, permitting, redevelopment potential & future use. Seller/Seller's agent make no representations or warranties regarding the condition of the existing structure & do not represent the building as salvageable for renovation. Property sold as-is.

More Info

Basic Information

  • Lot Features Cleared, Level
  • Mls StatusNew
  • Parcel Number M:0U02 B:0000 L:00196,2081309
  • Road Frontage DescriptionPaved

Basic Information

  • List Price$990,000
  • MLS Number73535880
  • Modification Date06/16/2026
  • Property SubType3 Family - 3 Units Side by Side

Property

  • Acreage0.15

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Other
  • Living Area 1,810
  • Lot Size Square Feet 6,499
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet1,810

Other

  • Date Listed06/15/2026
  • Farm Land Area Units Square Feet

Tax Information

  • Tax Assessed Value $840,400
  • Tax Year 2025
  • Taxes$6,261

Parking

  • Parking Features Off Street
  • Parking Spaces6

Location

  • Address5 Northern Boulevard
  • Building Number5
  • CountyEssex
  • NeighborhoodPlum Island
  • StateMA
  • StreetNorthern Boulevard
  • SubdivisionPlum Island
  • TownNewbury
  • Zip01951

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Golf
    • Highway Access
    • House of Worship
    • Laundromat
    • Marina
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • Stable(s)
    • T-Station
    • Tennis Court(s)
    • Walk/Jog Trails
  • Other AmenitiesGolf, Tennis

Legal

  • ZoningAR4

School Information

  • Elementary SchoolNewbury Element
  • High SchoolTriton Regional
  • High School Triton
  • Junior HighTriton

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms6
  • Full Bath3

Building

  • Building Area Units Square Feet
  • FoundationConcrete Perimeter, Slab
  • Levels 3
  • Rooms9
  • Stories3
  • Units3
  • Year Built1930
  • Year Built Details Approximate
  • Year Built Source Public Records

Water Body

  • Miles to Beach0.1
  • Waterfront Features Ocean, Direct Access, Walk to,0 to 1/10 Mile To Beach, Beach Ownership(Public)

Map Location

Driving Directions

Listed by The Bakhtiari Group of Compass

Newbury, MA Demographics

There is no data available

Newbury, MA Real Estate Market Data

There is no data available

Newbury, MA Schools

School NameDistanceTypeGrades

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