Lakeville Land for Sale

Known for its many beautiful lakes, this community is located within Plymouth County. The name of this town developed because of the lake system in the area. Within this community, residents will find Pocksha Pond, Assawompset Pond, Long Pond, Great Quittacas Pond and Little Quittacas Pond. These ponds are ideal locations for luxury homes, and businesses often cater to the recreational enthusiasts who come to the area.

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Land for Sale

Because of its natural beauty, this city has become a popular spot for residents from throughout the region. Known as the headquarters of Ocean Spray, this city spans 36.1 square miles in size. While it might be nicknamed the Promised Land, this community actually has surprisingly low prices for the area and amenities. Home buyers can expect to pay a median price of $326,000. This is $76,000 lower than last year, so there are a number of shockingly affordable properties available for the savvy investor.

Why Investing Is the Smart Choice

In the last year, the average price per square foot dropped from $203 to $199. Since the community amenities and location remain the same, this decline in prices is a temporary change. It means that investors can find a property at an affordable price and hold it until the real estate market increases again. Similar cities in Massachusetts are already seeing rising prices, so this area will most likely see price increases in the coming years. Smart investors can get into the marketplace before the prices rise and enjoy watching their investment grow in value.

This community has been known for its lakes and scenic vistas for centuries. In the modern era, these attractions bring in outdoor lovers, shoppers and wildlife enthusiasts. Properties near the lakes tend to fetch a higher price, but they also offer investors more lucrative options for building or selling later on.

Discovering the perfect real estate property is not always simple. To navigate the marketplace, you need a team of experts who can research properties and find ones that suit your unique needs. If you need help starting your real estate journey, call Boston City Properties today. We can help you find the right property for your next investment.

Discover a Desirable Location

Encompassing 36.1 square miles in size, this community has an irregular shape. It is bounded by Rochester on the southeast. Middleborough is found on the eastern and northeastern borders. While Taunton and Berkley make up the western border, Freetown is located on the southwest and south. The entire community is placed within the center of southeastern Massachusetts.

From this town, residents will find Boston just 40 miles to the north. Providence is placed 30 miles to the west of the community. Meanwhile, this town is 20 miles west of Plymouth and 20 miles north of the city of New Bedford. Most of the geography in the is filled with lakes, rivers and feeder brooks.

Within the town, residents will find Route 140. This route crosses directly through the town as it travels between New Bedford's Interstate 195 and Taunton's Route 24. In addition, residents will find Route 79, 18, 44 and 105 within this community. To the north of town, residents will find several exits for Interstate 495.

Many Types of Developments Are Available

Investors can find many development types in the area. Vacant lots are an ideal investment option since they can be converted to a variety of different structures. From luxury condos to small restaurants, these properties can be built to suit the investor's needs. As long as the investor makes sure that their property is zoned for their dream building, they can use this land as they see fit.

Because of the demand for housing in this section of Massachusetts, many investors choose to build single-family homes, duplexes, townhouses or apartment complexes. Residential units can be rented out to tenants or sold to prospective home buyers.

Another option for investors is to hold the land. Right now, the real estate prices in this town are lower than normal. By buying now, investors can hold on to their property until it accrues in value. Since the property requires very little maintenance or upkeep, this is a popular investment option that requires little work.

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Land for Sale