One of the most compelling redevelopment opportunities available on Plum Island, offering ocean views & a prime location just steps to the beach, restaurants & attractions. Situated on a 6,499sqft lot with 6 off-street parking spaces, the property is a grandfathered legal 3-family structure containing ~1,810sqft of living area. 2 potential development concepts may include: (1) three luxury 2-bedroom, 1-bath condos with parking & outdoor deck space; or (2) two larger 3-bedroom luxury condos with parking & outdoor deck space. Conceptual plans are available to qualified buyers. Additional development potential and/or expanded FAR (Floor Area Ratio) may be possible through future town permitting/approvals. Buyer to perform all due diligence re zoning, permitting, development potential & future use. Seller/Seller's agent make no representations or warranties regarding the condition of the existing structure & do not represent the building as salvageable for renovation. Property sold as-is.
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| Year | Land | Building | Total | Change |
|---|---|---|---|---|
| FY2026 | $580,700 | $251,900 | $832,600 | — |
Permit history not yet available for this municipality.
Discrepancies found between MLS and assessor records.
| Field | Assessor | MLS | Match |
|---|---|---|---|
| Sqft | 1,576 | 1,810 | ✗ |
| Year built | 1,930 | 1,930 | ✓ |
Plum Island
5 Northern Blvd, Newbury MA 01951
Newbury, MA 01951
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/15/2026 | 🏠 Listed for Sale | $990,000 | - | - | Original listing |
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