Prime Development Opportunity in Beverly, MA—recently named the hottest housing market in the U.S. by Realtor.com. This potentially developable 39+ acre site offers a rare chance to create a large-scale residential or mixed-use community in a sought-after North Shore location. The centerpiece is 128 Boulder Lane (26 acres), zoned Restricted Industrial (IR), while surrounding parcels are R15 (single-family residential). While zoning favors single-family homes, select multi-family projects—such as Subsidized Elderly Housing—or commercial uses may be permitted by Special Permit. Excellent location near major routes, Gordon College, and Beverly Farms. With strong demand for housing and specialized communities, this property offers developers an exceptional canvas. Buyer and buyer’s agent to do their own diligence.

Property Details

Price:
$5,900,000
MLS #:
73427608
Status:
Active
Beds:
0
Baths:
0
Address:
128 Boulder Lane
Type:
Land
Neighborhood:
montserrat
City:
Beverly
Listed Date:
Sep 8, 2025
State:
MA
ZIP:
01915
Lot Size:
1,742,400 sqft / 40.00 acres (approx)

Schools

Interior

Exterior

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/ Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, University

Financial

Tax Year
2025
Taxes
$26,000

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

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128 Boulder Lane
Beverly, MA