Rare opportunity to acquire an approved 44-unit luxury townhouse development in desirable Newbury, Massachusetts. The project has received approval from all applicable Town Boards, providing a significant head start for development. Set on approximately ten acres, the thoughtfully designed community will occupy only about five acres, preserving approximately five acres of open space and creating a spacious, natural setting for residents. The development offers the opportunity to create a distinctive luxury townhouse community that blends high-quality living with Newbury’s desirable location, character, and convenient access to area amenities, major roadways, historic Newburyport, and the North Shore. This collection of luxury townhomes will offer one-, two-, and three-bedroom layouts designed to feel both spacious and refined. Inside, you’ll find high-end finishes and thoughtful architectural details inspired by the timeless elegance of the classic New England farmhouse. Seven (7) unit reservations have already been taken - price range from $875K to $1.075M. Planning Board Approval, Order of Conditions, Engineering Plans, Floor Plans, and Condo docs all in Paperclip. An exceptional opportunity for developers, builders, and investors seeking an approved residential project in a highly sought-after Massachusetts community.
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Last Checked: October 9th, 2026 at 7:23pm (Source: MLS PIN #73588862)
General Information for 34 Central St, Newbury MA 01922
Listing ID73588862
Price6200000
Land TypeResidential
Approx AcresApprox. 10 acres (435,600 SqFt)
Number of Lots
Road Frontage Type
ZoningR60
Electric220 Volts
GasNone
WaterPublic
SewerPrivate Sewer,perc Test On File
PERC Test
Association Required
Association Fee
Lot FeaturesGentle Sloping
Waterfront0
Waterfront FeaturesRiver
View
Disclosures for 34 Central St, Newbury MA 01922
Special Listing Conditions
Financial Information for 34 Central St, Newbury MA 01922
Association Fee
Tax0
Tax Year2026
Assessed Value$0
Contact Information for 34 Central St, Newbury MA 01922