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50 N Spencer Rd 5.11 Acres of Residential Land Offered at $980,000 in Spencer, MA 01562
Executive Summary
A truly one-of-a-kind property offering the rare opportunity to own a charming 3-bedroom, 2-bath home on over 5 acres while embracing a unique live/work lifestyle. The property includes an established greenhouse and garden operation featuring five operating greenhouses, additional outbuildings, ample paved parking, and three ANR-approved lots totaling 5.11± acres. Whether you continue the long-established Spencer Greenery business, expand the existing operation, pursue agricultural or horticultural ventures, or simply enjoy the flexibility of this exceptional property, the possibilities are endless. Two vacant ANR lots offer future development or resale potential (subject to buyer due diligence). Conveniently located on Route 31 with outstanding visibility and easy access. A rare opportunity to combine home, business, and investment potential in one remarkable property.
Property Facts
| Price | $980,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Garden Center |
| No. Lots | 1 | Total Lot Size | 5.11 AC |
| Property Type | Land | ||
| Zoning | RR - Rural Residential | ||
| Price | $980,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Garden Center |
| Total Lot Size | 5.11 AC |
| Zoning | RR - Rural Residential |
1 Lot Available
Lot
| Price | $980,000 | Lot Size | 5.11 AC |
| Price Per AC | $191,780.82 |
| Price | $980,000 |
| Price Per AC | $191,780.82 |
| Lot Size | 5.11 AC |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $347,400 | |
| Land Assessment | $103,800 | Total Assessment | $451,200 |
Property Taxes
Parcel Numbers
Land Assessment
$103,800
Improvements Assessment
$347,400
Total Assessment
$451,200
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50 N Spencer Rd