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79 Reservoir Rd
Lenox, MA 01240
Valleyhead: A Developer's Dream · Land For Sale · 12.00 AC

Investment Highlights

  • 12 open acres with unobstructed views across protected land over Parson’s Marsh to the Mountains beyond
  • 2 miles to Tanglewood and the Town of Lenox
  • Across the road from the Kennedy Park network of trails and the MA Audubon Bird Sanctuary
  • Development potential with a by-right subdivision of up to 7 lots
  • Ideal as a private estate, family and friends compound, or group/individual purchase of lots
  • Title V approved septic system for 30 bedrooms, municipal water, electric on site, 3 driveway entrances

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Mixed Use
  • Hospitality
  • Community Center
  • Planned Unit Development
  • Schools
Total Lot Size 12.00 AC
Zoning Business; Multi

Description

Valleyhead is a 12-acre elevated parcel with long views and brimming with potential from its former use as a school with dormitory housing and classrooms to a completely reinvented use. The acreage has open fields and rolling hills and is adjacent to the miles of trails of Kennedy Park across the road. The views extend over protected and conserved lands, making the setting ideal for a single grand residence or subdivision with up to 7 lots. Select lots available separately. Current Uses: Summer camp, retreat center, Educational year-round residential facility, dormitory residences for staff, visiting performers. Yoga center, therapeutic rehab center, community living. Reinvention: residential development for up to 7 lots, community living, investment property with cash flow positive tenant(s), family compound. With a location that is only minutes away from Tanglewood and downtown Lenox, big views, and privacy, the entire parcel or lots can command premium pricing.

Property Taxes

Property Taxes

Parcel Number
LENO-000016-000009
Land Assessment
$1,760,100
Improvements Assessment
$0
Total Assessment
$1,760,100
  • Listing ID: 20521610

  • Date on Market: 8/5/2020

  • Last Updated:

  • Address: 79 Reservoir Rd, Lenox, MA 01240

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