**ATTENTION BUILDERS, DEVELOPERS & REAL ESTATE INVESTORS!** Rare redevelopment opportunity in desirable **West Peabody**. Located at **4 Pinewood Road, Peabody, MA**, this property is likely a **tear-down** and offers an exciting opportunity for a builder, developer, or investor looking to unlock the potential of a **level lot in an established residential neighborhood**.Potential redevelopment possibilities may include construction of a **new single-family home or possible two-unit/condex-style project**, subject to zoning, permitting, municipal approvals, and buyer due diligence.Conveniently located near major highways, shopping, schools, and area amenities, this property offers an attractive location for new construction.**Property is being marketed primarily for its redevelopment potential and is being sold as-is.** Buyers and buyers' agents are responsible for independently verifying all information, including lot dimensions, zoning, allowable use, utilities, permitting requirements, and development potential with the City of Peabody. Seller and listing agent make no representations or warranties regarding the property's suitability for any particular use or development.**Bring your plans, your builder, and your visionopportunities like this in West Peabody are hard to find.**
Multi-familyProperty Type
1963Year Built
0.36 acresLot Size
$288Price/Sq.Ft.
5 spacesParking
Listed by Michael Behan• Chinatti Realty Group, Inc.
Listed by • Chinatti Realty Group, Inc.
Bought with Jeanna Alimonti• Clements Realty Group
Directions: Lowell St to Herrick Rd, right on Bow St, left on Pinewood Rd. Subject on left.
UnparsedAddress: 4 Pinewood Rd, Peabody MA 01960
Community Information
Senior CommunityYN: No
Public facts
Beds: 4
Baths: 2.5
Sq. Ft.: 1,822
Stories: 1.0
Lot Size: 0.36 acres
Style: Single Family Residential
Year Built: 1963
Year Renovated: —
County: Essex County
APN: 2097979
Home facts updated by county records on Jul 20, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
West Memorial Elementary School
Public PreK-5 • Assigned • 0.4mi
7/10
J Henry Higgins Middle School
Public 6-8 • Assigned • 4.3mi
5/10
Peabody Veterans Memorial High School
Public 9-12 • Assigned • 2.4mi
3/10
Provided by GreatSchools
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
5/10 Heat Factor
7 days above 98° expected this year, 15 days in 30 years
6/10 Wind Factor
64% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Peabody, MA • 01960
Average low and high temperatures (°F)
33
20
35
21
50
32
57
40
68
51
79
61
83
66
79
60
74
56
63
46
52
37
38
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 3% for direct sun exposure in Peabody. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.5 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$576,000 – $697,000
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