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Heritage Estates
46 Beechwood Street, Cohasset, MA 02025
$2,800,000
18.27 AC
Land
Residential (land)
- Electricity/Power
- Water
- Telephone
- Cable
- Gas/Propane
-
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Last Verified 10/27/2009
Listing ID 16280656
1 Lot Available
Lot 1
$2,800,000
18.27 AC
Residential (land)
- 11 Lots out of a 14 Lot Subdivision
Highlights
11 Lots out of 14 Lot Sudivision in One of Boston's Most Desirable & Affluent Communities
$131,000 Average Median Income for the Town
Nearly All Infrastructure is Complete
Seller Will Consider a Structured Sale
50% Discount to Retail Pricing of Lots
Description
Heritage Estates is a high-quality 14 lot secluded subdivision with three homes completed and priced in the $1.45 to $1.7 million range and lots having sold for $450,000 to $600,000, leaving 11 lots remaining to be purchased for $2,800,000 ($254,545/lot). The entire subdivision encompasses an 18.27-acre tract of land, averaging 1.3 acres per lot. Nearly all infrastructure is complete (except for top-coat of paving & septic) including granite curbing, sidewalks, signage with entry lighting, storm water management and underground utilities. The subdivision was designed with two cul-de-sacs and has direct access to the George M Ingram Park across Beechwood Street. The three existing homes are of a shingle-style design and are in keeping with the character of the homes in the area.
Cohasset is a tight knit waterfront community known for ties to the sea, with its significant boating population. The community is also one of the most picturesque communities in Massachusetts with beautiful beaches, including renowned Sandy Beach overlooking the Atlantic Ocean. With the addition of the new Greenbush commuter rail line in 2006, the desirability of the location was only further enhanced, allowing residents to commute into Boston within 40 minutes. Cohasset also happens to boast one of the best school systems in the state, making it a highly desirable location. The average median income for the town is $131,000.
Map of 46 Beechwood Street, Cohasset, MA 02025 (Norfolk County)
Created 6/16/2009
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.