ATTENTION: Developers, Builders & Investors. GREAT Opportunity to develop on 9.4 Acre site with 3+/- Acres Residential / & 6+Acres Industrial zoning. Multiple possibilities Townhomes (Conceptual Plan for 26-28 Units), Assisted Living, 55+, Nursing Homes & to Religious opportunities & more. Previously approved through 3/10/22 as a 40B Rental project for a single apartment building with 48 two bedroom units. Sewer, water, gas & electric at street." Reasonable" consideration will be given for time of permitting. Convenient to Chelmsford Center & Routes #129, #495, # 3, #128 & Train Stations in Billerica & Lowell. This area is in Chelmsford's 2017 designated Affordable Housing Plan.
Vacant landProperty Type
9.4 acresLot Size
$132,979Price/Acres
Listed by John Peterson• Arakelian Real Estate, Inc.
Riverneck, located between the Merrimack River and the Concord River, is a residential and riverside Chelmsford neighborhood with wooded banks and winding backroads. The neighborhood’s character concentrates around the Route 3A bridge crossings near the river confluence, where boat ramps, trailheads, and wide-water views set a calm, outdoors-forward rhythm. Housing reads as classic New England—capelike homes, colonials, and newer builds tucked behind stone walls and tall pines. The geography shapes daily routines around paddling, walking, and seasonal river scenery. For a local anchor, the Chelmsford Center for the Arts and the nearby Chelmsford Public Library add a civic, creative counterpoint to the quiet streets.
Provided by Walk Score and Local Logic
Market insights
243 Riverneck Rd · $1,250,000
DAYS ON MARKET
408 days
The average home goes pending in 22 days.
SALE-TO-LIST
101.2%
Most homes are selling 1% above list price.
LIST PRICE
$1,250,000
Median sale price in this area is $919,982. (26% lower than this home)
PRICE DROP
0 price drops
18% of homes in this area have had a price drop in the past month.