List price was lowered by $50K. Tour it before it's gone!
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About this home
Attention all builders, contractors, investors! Rare opportunity to own ONE ACRE corner lot (44,829 sq ft) in Ashland. The existing home on lot is in need of extensive repair. Seller had received permission for tear down however the New owner will need to re-apply with the Town of Ashland for tear down of the existing structure. Seller has spent a significant amount of time and money in clearing out some of the property. Home has the electricity still on but heat and running water are shut off. Previous septic system is no longer viable and there is one town sewer connection available at the property; buyer responsible for sewer hookup. Sold AS-IS, WHERE IS including all contents. Do not walk the lot without permission; use caution during showings. Property situated in an ideal location with short distance to Ashland Community Center, Ashland State Park, and MBTA Commuter Rail. Leverage this chance to bring your vision and building ideas as there are so many possibilities for this property!
Single-familyProperty Type
1850Year Built
1.03 acresLot Size
$177Price/Sq.Ft.
6 spacesParking
Listed by Martha Morese• Century 21 Custom Home Realty
The Otis Cole House, one of the first Greek Revival homes in Ashland & former start to the Boston Marathon, is now for sale for the first time in decades. Sitting on 1.49 acres, this corner lot is located steps from the Ashland Community Center, Ashland State Park, & 2mi from Commuter Rail, is an excellent opportunity for a builder’s next project. The existing home, built in the 1850s, carries some historical significance (see attached), though there are no known preservation requirements. With approximately ˜320 feet of frontage on Olive St and ˜170 feet of frontage on Route 135, the possibilities for this property’s next owner are endless, including the potential for subdivision. Town sewer and water are available on Olive St; the existing property is connected to a septic and will not pass Title V. The property will be sold as-is, where-is. DO NOT WALK THE LOT WITHOUT PERMISSION. Will not qualify for conventional financing. Interior showings will be conducted via group showings.
Year
Property tax
Land + Additions
Assessment*
2025
$6,739 (+3.7%)
$260,900 + $266,800
$527,700
2024
$6,496 (+8.8%)
$260,900 + $229,700
$490,600
2023
$5,971 (−4.2%)
$248,800 + $184,800
$433,600
2022
$6,233 (+5.4%)
$225,600 + $166,900
$392,500
2021
$5,915 (+3.2%)
$225,600 + $145,700
$371,300
2020
$5,730 (+3.7%)
$225,700 + $128,900
$354,600
2019
$5,527 (+0.8%)
$225,700 + $113,800
$339,500
2018
$5,485 (+3.9%)
$226,300 + $103,900
$330,200
2017
$5,281 (+4.6%)
$226,300 + $89,900
$316,200
2016
$5,051 (+5.5%)
$221,500 + $75,600
$297,100
2015
$4,789 (+1.4%)
$208,300 + $68,500
$276,800
2014
$4,723 (+3.4%)
$194,500 + $77,100
$271,600
2013
$4,568 (+2.3%)
$191,800 + $74,700
$266,500
2012
$4,466 (+1.9%)
$192,400 + $77,100
$269,500
2011
$4,383 (+2.2%)
$161,500 + $114,000
$275,500
2010
$4,287 (−1.9%)
$161,500 + $122,400
$283,900
2009
$4,370
$223,700 + $91,600
$315,300
Public record
Beds
3
Baths
1.5
Stories
2
Lot width
—
Lot depth
—
Lot size
1.49 Acres
Year renovated
1970
Finished Sq. Ft.
2,260
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,260
Year built
1850
Style
Single Family Residential
County
Middlesex County
APN
3294976
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 16, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 97° expected this year, 15 days in 30 years
6/10 Wind Factor
50% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Ashland, MA • 01721
Average low and high temperatures (°F)
33
19
36
20
51
31
61
40
69
51
81
60
84
65
81
59
75
55
63
45
52
36
39
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Ashland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.6 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 9 Olive St
$390,897
$9,103 under list price of $400K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $520K to $835K.