243 Riverneck Road, Chelmsford MA 01824

Chelmsford, MA 01824
$1,250,000
Est. $6,898/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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9.40
Acres
405
Days on Market
Sale Pending Listed Mar 9, 2020 • MLS# 72630499 Copied! • Updated Jul 8, 2026

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About this home

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.

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

🏠
Listed for Sale
Mar 9, 2020
$1,250,000
Original listing
Agent: John R. Peterson Office: Arakelian Real Estate, Inc.
🏠
Listed for Sale
Mar 9, 2020
$1,250,000
Original listing

Tax History

Year Taxes Assessment
2021 $4,524 $284,800

Financial Details

Annual Property Tax
$4,524
Tax Year 2021
Assessed Value
$284,800

Facts & Features

Home Facts

Type Land
Style Residential
Lot Size 9.40 acres

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Utilities

Electric At Street
Water Public
Sewer Public Sewer
Gas At Street
Other None
Annual Tax $4,524
Assessed Value $284,800
Seller Disclosures Do Not Walk Land Without Approval
Possession None
Accepted Financing None
Structure Type []
Documents Land Survey, Order Of Conditions, Restrictive Covenants, Environmental Impact Study, Aerial Photo (5)
County Middlesex
Total market time (incl. prior listings) 408 days

Property Overview

Property Type
Residential
Listing Type
Sale Pending

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Flood Plain, Sloped, Wooded
Road Frontage: 480.00 ft
Road Surface: Paved

Parking & Garage

Parking Features:
School District
Chelmsford School District local
A
School Safety 2024-25
0.7% Low
0.6% Suspensions 1.0% In-School 0.1% Emergency
4.8% below state avg
E

Elementary Schools

7 schools
Dr. Janice Adie Day School
1.6 mi
78 students Very Diverse
Diverse Student Body
Grades K-12
Lighthouse School
4.0 mi
Grades PK-12
A-
Center Elementary School
0.5 mi | #230 of 825 | Score: 53.2
Dropped 92 spots from last year
-5 below state avg
484 students Diverse
Strong Attendance
Grades K-04
Community Education Center
0.9 mi
171 students Diverse
Diverse Student Body
Grades PK
A
South Row School
1.6 mi | #142 of 825 | Score: 57.3
Improved 181 spots from last year
-0.9 below state avg
438 students Diverse
Rising School Strong Attendance
Grades K-04
B+
Charles D Harrington School
2.8 mi | #324 of 825 | Score: 49.9
Improved 140 spots from last year
-8.3 below state avg
468 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-04
A-
Byam School
3.2 mi | #206 of 825 | Score: 54.5
Dropped 2 spots from last year
-3.7 below state avg
507 students Diverse
Strong Attendance
Grades K-04
M

Middle Schools

2 schools
A-
Colonel Moses Parker School
2.9 mi | #227 of 825 | Score: 53.3
Dropped 83 spots from last year
-4.9 below state avg
817 students Diverse
Strong Attendance
Grades 05-06
A-
McCarthy Middle School
2.1 mi | #81 of 352 | Score: 51.7
Improved 23 spots from last year
-6.5 below state avg
801 students Diverse
Rising School Strong Attendance
Grades 07-08
H

High Schools

1 school
A
Chelmsford High School
2.6 mi | #62 of 346 | Score: 65.7
Dropped 40 spots from last year
+7.5 above state avg
1,442 students Diverse
20 sports • 2,624 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $377
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

243 Riverneck Road, Chelmsford MA 01824

Chelmsford, MA 01824

Listing Information

Listing Agent John R. Peterson
Listing Office Arakelian Real Estate, Inc.
Office Phone 978-667-2301
Agent MLS ID D0007914
Office MLS ID D02001
Listing Data Updated Jul 8, 2026 9:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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