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5 Northern Blvd Plum Island 01951, Newbury

$990,000

For Sale

1810 SqFt

Size

6

Bedrooms

3

Bathrooms

73535880

Property Id

Property image 1
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Description

One of the most compelling redevelopment opportunities available on Plum Island, offering ocean views & a prime location just steps to the beach, restaurants & attractions. Situated on a 6,499sqft lot with 6 off-street parking spaces, the property is a grandfathered legal 3-family structure containing ~1,810sqft of living area. Two potential development concepts (with town approvals) may include: (1) three luxury 2-bedroom, 1-bath condos with ~600sqft of heated living space, two-car parking & ~475sqft of outdoor deck space; or (2) two larger luxury condos with ~900sqft of heated living space, 2-car parking & ~750 sqft. of outdoor deck space. Conceptual plans available upon request to qualified buyers. Buyer to perform all due diligence re zoning, permitting, redevelopment potential & future use. Seller/Seller's agent make no representations or warranties regarding the condition of the existing structure & do not represent the building as salvageable for renovation. Property sold as-is.

Address

Address5 Northern Blvd Plum Island 01951 Newbury, MA
CountryUS
Property Type

Residential Income

Property Class

ResidentialProperty

Style

3 Family - 3 Units Side by Side

Transaction Type

Sale

Year Built

1930

Total Rooms

9

Bedrooms

6

Bathrooms (Full)

3

Square Feet

1,810 sqft

Lot Size

6,499 sqft

Parking

6

Total Rooms

9

Bedrooms

6

Full Bathrooms

3

List Price

$990,000

Original Price

$990,000

Price per Sqft

$547

Annual Property Taxes

$6,261

Tax Assessment Year

2025

Monthly Tax Estimate

$522

MLS Pin© 2026 MLS Property Information Network, Inc. (MLSPIN). The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. This information was last updated on Monday, June 15, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Please contact The Bakhtiari Group directly for additional information pertaining to the status and availability of properties displayed on this website.