About the Listing ABCO1 - 3224782

Rare Build-Ready Opportunity in Essex! Unlock incredible value with this unique, shovel-ready 8,000 sq. ft. level lot. Perfectly rectangular and nestled in a quiet Essex pocket, this property offers the ultimate head start for your dream home or next investment project. Why This Property Stands Out: The "Rehab" Advantage: An existing foundation is already in place! By building on the current footprint, you can classify the project as a renovation/rehab, allowing you to bypass the costly requirement for modern indoor fire sprinkler systems. Utilities Ready to Go: No need to deal with the headache of well or septic. Public water and sewer are already on-site and ready for connection. Electric and gas lines have been in place for the former home. Storage & Privacy: The lot features a solid, oversized, one-car detached garage—perfect for storing tools during construction—and a long private driveway providing plenty of off-street parking. Natural Beauty: The back of the lot is partially wooded, offering a serene, natural backdrop and built-in privacy for your future backyard oasis. There are woods off the back of the lot, that cannot be developed. Property Highlights: Lot Size: 8,000 sq. ft. (Rectangular) 50 ft wide by 160 feet deep. Structures: Existing 30'x24' foundation & detached 1-car garage. Location: Established Essex neighborhood with easy access to local marinas, shopping, and commuter routes. Whether you are a builder looking for a high-margin flip or a homeowner wanting to design a custom residence without the typical "new build" red tape, this lot is the perfect canvas. New construction comps in the Essex Area are selling in the $500-750K range.

Listing Highlights