232 Hampstead St

Taxes: $5,321 (2026)

About this home

Rare re-development opportunity on a two acre lot in prime Northern Methuen! Bring your vision and your architect to this gorgeous, rural setting where neighboring new builds command well over $1,000,000. The existing antique farmhouse is currently a shell in need of everything, and the barn requires a full rebuild, creating an excellent footprint and opportunity to add a valuable Accessory Dwelling Unit (ADU). Public water and sewer are already conveniently located at the lot corner, saving you massive site development costs. Choose to restore the historic character or tear it all down to design a custom luxury estate where the rear woods serve as a private backdrop filled with local wildlife. Don't miss this once-in-a-lifetime opportunity to build massive equity and create your bespoke dream home in one of Methuen’s most sought-after country locations—bring your contractors and explore the endless possibilities! Zoning is RR, "Rural Residential", 80,000 min lot, 200' of frontage.

Property details

Sewer

Private

Style

Farmhouse

Water

City/Town Water

Cooling

Individual

Heating

Hydronic Floor Heat(Radiant)

Type

Detached

Lot

Level

Basement

Full