5,900,000

Prime Development Opportunity in Beverly, MA-recently named the hottest housing market in the U.S. by. 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.