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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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38 King Dr , Wilbraham, MA 01095
$550,000
Est. Payment: $1,222.22/mo
1 Bed
1 Bath
600 Sqft
Status: Under Agreement | Days on site: 230
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AN5351 - CN233520
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House Description

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.

Highlights

Listed by Megan Hayden , 609-598-2232 Here Realty LLC , 401-862-1251.

Property Type

Residential

Lot/Acreage
98

Year Built

1950

County

Hampden

Listing ID

73454688

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:1
  • Full Bathrooms:1
Water:Private

Exterior Features

Lot:Easements,Sloped,Waterfront,River
Garage Capacity:5
Zoning:R60
Sewer:Private Sewer
Parking Features:Parking Spaces: 5
Principal Interest
$1,222
Taxes
$683

Home Price

$550,000

Loan Details

30 yrs
%

Down Payment

20%
$110,000
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Monthly Price:
$1,222.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,222.22 $683.17 $0.00 $1,905.39
Yearly $14,666.67 $8,198.00 $0.00 $22,864.67
Total $440,000.00 $245,940.00 $0.00 $685,940.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Wilbraham, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.