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Bean Group
Offered at $1,500,000Active
beds
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baths
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1 Chase Road

Sturbridge, MA 01566

About this home

Chase Road was previously approved for a 71 unit Multiple Dwelling Project. 24 acres for the town house style homes and 12 acres of open space on a 450 foot cul-de-sac. On the corner of Hall Road and Chase Rd. is a 2.4 acre commercial lot. This property is ideally situated, 1/2 mile to the on ramp to I84 and I90 behind Wendie's on Rt. 20. Providing exceptional access to Route 49, Rt. 20, Rt. 148, Tr. 131, I84 and I 90, making the property very accessible throughout Central New England. All interested parties must conduct an independent investigation as to the feasibility of this site and determine its maximum building potential. Southern Worcester county has a great need for market rate, 55+ apartment rentals and assisted living. Zoned for market rate OSRD, 55+ community, assisted living, nursing home, hospital, 40B, single family attached, SF rental or any combination thereof with town approval. Subsurface explorations - 17 soil test borings & 51 test pits.

Listing last checked: Listing updated:

Listed by David Bruce Ford · RE/MAX Prof Associates · MLS #73333739

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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
36 acres
Water
Public, At Street
Sewer
Public Sewer, At Street
Pool
Not reported
Zoning
Comm, & RR
Financial1 property facts
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $1,500,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$7,585 / monthAdjust
Principal & interest
$7,585
Property tax
Not entered
Insurance
Not entered
HOA
Not entered

Annual property taxes were not supplied. HOA amount was not supplied.

Partial estimate: add property tax, 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 $1,871,925

Estimated range $908,641–$2,835,209.

Automated estimates are not appraisals or guarantees of market value.

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Comparable properties 2 supplied

Sold Jul 9, 2026

$1,600,000

0 Sunset Point Rd

Sold Jul 19, 2026

$1,430,000

4 Wilsons Lane

Photo-based condition insights

Overall presentation: poor

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About 1 Chase Road

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Request a tour of 1 Chase Road 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?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.