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 conveniently on lot, 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.
This home has been viewed 13 times
Last Checked: May 27th, 2026 at 8:58am (Source: MLS PIN #73521016)
General Information for 232 Hampstead St, Methuen MA 01844
Listing ID73521016
Price399900
Land TypeResidential
Approx AcresApprox. 2 acres (87,120 SqFt)
Number of Lots
Road Frontage Type
ZoningRR
Electric220 Volts
GasNone
WaterPublic
SewerPublic Sewer
PERC Test
Association Required
Association Fee
Lot FeaturesGentle Sloping
Waterfront0
Waterfront Features
View
Disclosures for 232 Hampstead St, Methuen MA 01844
Special Listing Conditions
Financial Information for 232 Hampstead St, Methuen MA 01844
Association Fee
Tax5321
Tax Year2025
Assessed Value$475
Contact Information for 232 Hampstead St, Methuen MA 01844