1 of 5

Want to see this home?

8 Penobscot Way

Andover, MA 01810

– beds
– baths
– sqft
~3/4 acre lot
– on site

Outstanding opportunity for builders and developers to acquire a prime 29,055 sq ft lot in one of Andover’s most desirable neighborhoods. Located on a cul-de-sac with direct access to walking trails & views of Field Pond, this wooded site offers both privacy & marketable lifestyle appeal. Gently sloping terrain offers design flexibility & possible walkout. TITLE V APPROVED w/ a 4-bedroom septic system design on file. The existing 1-bedroom, 1.5-bath structure, built in 1970, is ready for teardown, clearing the way for a high-end new construction project. Conveniently located just minutes from I-93 via Route 125, this property is ideal for commuters & offers strong resale potential in a sought-after area. Town water & natural gas are onsite, reducing development costs & complexity. All permitting & approvals to be secured by the buyer. Rarely does a lot of this quality & location become available so bring your plans & capitalize on a high-demand neighborhood w/ strong upside potential.

Listing courtesy of MLSPIN / The Peggy Patenaude Team / William Raveis R.E. & Home Services

Last checked: Checking… • Last updated Jul 9, 2025 •

MLS# 73401931 —

The Building

Building Area Units:

Square Feet

Location

Directions:

Rte 125 to Gould (behind State Police Barracks), left on Farrwood, right on Penobscot
Longitude:

-71.105464
Latitude:

42.605648

The Property

Property Type:

Land
Property Subtype:

Residential
Parcel Number:

1838291
Zoning:

SRC
Lot Size Units:

Acres
Lot Features:

Easements
Lot Size Area:

0.67
Lot Size SqFt:

29055
Lot Size Acres:

0.67
View:

Scenic View(s)
View:

true
Frontage Length:

244.00
Waterview:

Yes
Waterview Features:

Pond
Waterfront:

true
Waterfront Features:

Waterfront
Farm Land Area Units:

Square Feet
Road Surface Type:

Paved
Road Frontage Type:

Public
Road Responsibility:

Public Maintained Road

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Block:

00004
Tax Map Number:

00050
Tax Book Number:

3931
Tax Annual Amount:

10135
Tax Assessed Value:

811500

The Listing

Home Warranty:

false
Sub Agency Relationship Offered:

No

Utilities

Gas:

On-Site
Electric:

On-Site
Electric On Property:

true
Sewer:

Private Sewer
Water Source:

Public

Schools

Elementary School:

Bancroft
Middle Or Junior School:

Doherty
High School:

Ahs

The Community

Community Features:

Walk/Jog Trails
Association:

false
Senior Community:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Max Internet Speed

Xfinity

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
7/9/25 Jul 9, 2025	Listed / Active	MLSPIN	$799,900	365.1% (11.6% / YR)
12/16/93 Dec 16, 1993		MLSPIN	$172,000

Want a closer look?

Go see 8 Penobscot Way

Or Call Toll Free 1-800-258-2512

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Andover, MA

Similar sold homes

This plot of land located in Andover, MA 01810 is currently for sale for $799,900. 8 Penobscot Way is a – square foot plot of land with – beds and – baths that has been on Estately for 3 days. This plot of land is in the attendance area of Doherty Middle School, South Elementary School, and Andover High School.

Listing Courtesy of: MLSPIN and William Raveis R.E. & Home Services.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.