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Bean Group
Offered at $695,000Active
beds
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baths
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sq ft
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Built
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11 & 13 16th St

Newbury, MA 01951

About this home

Rare buildable 0.2273-acre (9,900 sq ft) lot in Newbury on Plum Island! Combine two side-by-side parcels (11 & 13) to build a multi-story home located on quiet 16th Street in the Newbury Plum Island Overlay District (PIOD) with northern views of The Basin. Unlike most of Plum Island, this is NOT in a flood zone. Preliminary due diligence with the town suggests the footprint supports approximately 1980 sq ft with 3BR of new construction with ample room for plenty of off-street parking. Municipal water and sewer are already on the street. An existing 600 sq ft cottage, supporting seasonal use, on parcel 13 establishes an excellent precedent for non-conforming structure/use. A 2-lot survey is available. Buyer is responsible for combining the parcels and for paying an outstanding $2,400 sewer betterment assessment (Water betterment has been paid) and to perform all due diligence. Signage on-site—come create your dream island getaway!

Listing last checked: Listing updated:

Listed by Barry Mitchell · Coldwell Banker Realty · MLS #73531220

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Details at a glance

Interior1 property facts
Basement
Not reported
Building1 property facts
Style
Residential
Land & utilities5 property facts
Lot size
0.22 acres
Water
At Street
Sewer
Public Sewer, At Street
Pool
Not reported
Zoning
Plum Isand
Financial2 property facts
Annual taxes
$2,613
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $695,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,732 / monthAdjust
Principal & interest
$3,514
Property tax
$218
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $2,613. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Automated value estimate $889,134

Estimated range $651,292–$1,126,977.

Automated estimates are not appraisals or guarantees of market value.

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Comparable properties 2 supplied

Sold Aug 17, 2026

$750,000

704 Metropolitan Ave

Sold Aug 12, 2026

$725,000

18 Commodore Ln

Photo-based condition insights

Overall presentation: below average

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About 11 & 13 16th St

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Request a tour of 11 & 13 16th St and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

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