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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.
Current real estate data for Land in Beverly as of Oct 07, 2025
5
Land Listed
69
Avg DOM
$1,509,499
Avg List Price

Property Details

Price:
$5,900,000
MLS #:
73427608
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
montserrat
Listed Date:
Sep 8, 2025
Lot Size:
1,742,400 sqft / 40.00 acres (approx)
WoodedTennisMontserratMontserrat

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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Property Summary

    128 Boulder Lane Beverly MA is a Land for sale in Beverly, MA, 01915. It is listed for $5,900,000 and features 40 acres. To schedule a showing of MLS#73427608 at 128 Boulder Lane in Beverly, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

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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