About this home
Builders, developers, and investors: this is a rare opportunity to acquire 98 acres of land with significant potential and seller financing available for qualified buyers. The property includes a 1-bedroom cottage with vaulted wood ceilings and large windows overlooking the Chicopee River. The home requires a full rehab but offers a strong starting point for a riverfront residence. Zoned primarily R-60, this parcel offers multiple development pathways (buyer to conduct due diligence): Potential for 8–9 frontage lots starting on Maynard Road and King Drive, Renovate or rebuild the existing riverfront cottage, Approximately 75 remaining acres suitable for a subdivision, condo development, estate lots, or possible solar installation with planning board approval. This property features wooded privacy, rolling terrain, and beautiful river frontage. A country setting with convenient access to Route 20, the Mass Pike, and area amenities. Large tracts of riverfront with flexibility are rare.
Listing last checked: Listing updated:
Listed by Megan Hayden · Here Realty LLC · MLS #73454688
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Details at a glance
Interior4 property facts
- Rooms
- 3
- Heating
- None
- Cooling
- None
- Basement
- Yes · Full, Unfinished
Building4 property facts
- Style
- Single Family Residence
- Year built
- 1950
- Parking
- 5
- Foundation
- Block
Land & utilities6 property facts
- Lot size
- 98 acres
- Water
- Private
- Sewer
- Private Sewer
- Waterfront
- Y
- Pool
- Not reported
- Zoning
- R60
Financial2 property facts
- Annual taxes
- $8,198
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $550,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$3,464 / monthAdjust
- Principal & interest
- $2,781
- Property tax
- $683
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $8,198. 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 $661,547
Estimated range $398,166–$924,929.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: below average
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About 38 King Dr
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Request a tour of 38 King Dr and a Bean Group agent will help coordinate an available time with the listing side.
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