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Wenham Land for Sale

Voted as one of the "Best Places to Live" by Boston Magazine in 2010, this charming, rural city is a beautiful place to buy land. The town offers historical scenery, lakes, 300 acres of parks, farms and good tree growth. The Ipswich River Wildlife Sanctuary passes through part of the city. Interestingly, it was once famous for its role in the ice industry. It was known as far away as London for its clean, sought-after ice.

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Land for Sale

Parts of the town touch the Massachusetts Route 128 corridor which makes it an ideal place for investors to build due to the high traffic flow. Or, if New England, small-town life is what you are after, this neighborhood may just fit the bill. With one of the most extensive online databases for real estate and our highly-trained staff at your disposal, Boston City Properties can find an ideal plot or acreage for your future build.

The Neighborhood

This rural community is located in Essex County and is home to roughly 5,000 people. It is not densely populated with only 600 people per square mile. Wenham covers about 8 square miles, of which 6 percent is water. Although it is not on the Atlantic Ocean shores, it is still part of the Metropolitan Area Planning Council's North Shore Task Force.

It is bordered by Beverly, Hamilton, Topsfield, Danvers and Manchester-by-the-Sea. The town is located approximately 20 miles northeast of Boston. It is also conveniently located close to The North Shore and all its attractions. It shares many civic responsibilities, including schools and library with Hamilton, a neighboring town. This area has access to Routes 128, 1A, 22 and 97. It does not have its own commuter rail station, but locals use either the Hamilton or Beverly stations.

The average home price in this area in 2018, according to one online source, is $609,000 or $292.50 per square foot. One parcel lot is currently on the market at $150 per square foot. When looking to invest, plots are an often overlooked opportunity. If you focus on the potential each plot holds, it can be an enjoyable and rewarding process.

This town's real estate prices have gone up over 4 percent in the last year and are expected to increase another 3.5 percent in the coming year. The market is healthy in this town, with few people in foreclosure or with negative equity in their home. This fact will encourage prices to climb even more.

The Building Options

Although this town is sparsely populated and still retains its country-farm feel, vacant plots do not come up for sale very often. Built properties in this neighborhood are also few and far between. Therefore, when plots do come up, investors should be ready to pounce. Call us at your earliest convenience to let us know what size plot, location and needs you have so we can be on the lookout for an ideal match. A ready-to-build lot may be the perfect solution, or several acres bundled together may be what you need.

With demand and scarcity high in this Boston suburb, values should only go up. Areas along the Route 128 corridor would be ideal for retail shops or investment planning. With the help of Boston City Properties, you can explore all the plot options in this town or along this high-traffic corridor. Be sure to check into requirements for building apartment complexes or other retail structures. There are several city-specific regulations to be aware of. Our knowledgeable staff members can point you in the right direction to find this information.

If you want to design your own home and live in a rural, scenic and close-knit community, Wenham could be an ideal location. Often plots already have approval and are ready to go. Other times more research and permitting is required. Either way, we can walk you through the process. We specialize in residential and commercial properties and have the ability to find the perfect property for each of our clients. With one of the largest databases of real estate at our fingertips, Boston City Properties has the tools and knowledge to guide you through the buying process. Visit our land for sale pages or call us for more information.

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Land for Sale