Active
5 Northern Blvd
Newbury, MA 01951
Residential Income · Active · MLS #73535880
Listing Courtesy of Compass | The Bakhtiari Group
MLS PIN data
About this home
**Seller open to "seller-financing" / partnership structures. One of the most compelling redevelopment opportunity available on Plum Island, with the the property offering ocean views just steps to the beach & 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. 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.
Plan your purchase
Estimated monthly cost
Explore costs at the $990,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$5,528 / monthAdjust
- Principal & interest
- $5,006
- Property tax
- $522
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $6,261. 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.
Property information
Details at a glance
Interior
- Rooms
- 9
Building
- Style
- 3 Family - 3 Units Side by Side
- Year built
- 1930
- Parking
- 6
- Foundation
- Concrete Perimeter, Slab
Land & utilities
- Lot size
- 0.15 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- AR4
Financial
- Annual taxes
- $6,261
- Assessment year
- 2025
Listing history
Price and status timeline
- Exp
$1,000,000 · Nov 5, 2025
- Exp
$1,000,000 · Oct 29, 2025
- Exp
$999,999 · Mar 7, 2024
- Ter
$299,900 · Mar 3, 2007
Property value estimate
An informed starting point
Automated estimates are not appraisals or guarantees of market value.
Comparable sales
Recent properties for context
Recent comparable sales are not available for this property.
Photo insights
Condition signals
Generated from listing photography; not a substitute for an inspection.
Local market context
How this home compares in Newbury
Active city listing statistics from MLS PIN as of September 7, 2026. Asking prices are not completed-sale values.
Keep exploring
Similar homes nearby
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Common questions
About 5 Northern Blvd
Can I schedule a private showing?
Yes. Request a tour of 5 Northern Blvd and a Bean Group agent will help coordinate an available time with the listing side.
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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