A rare opportunity to own 51.9± private acres in Groveland Massachusetts along the south banks of the Merrimack River and is easily accessible to Boston’s Logan airport (30 miles). Located on a hilltop, this unusual offering has significant commercial and development potential. Originally the former Cedardale Swim and Tennis Club, the property has most recently been used as a day camp, conference center, and peaceful spot for corporate retreats. In addition to the multiple structures the site includes two swimming pools, a Par 3 golf course, three tennis courts, four volleyball courts, a Whiffle ball stadium, four basketball courts, dining pavilions and a mini golf course. The site offers scenic treetop views and abuts conservation land with access to parks, trials, forest land, a ski area, and recreation and Crane Pond Wildlife Management area. There is enormous potential to create your own vision as a corporate headquarters, recreation retreat, family kingdom estate.
Listing courtesy of Lanse Robb, LandVest, Inc., Manchester -by-the-Sea Phone: 617-529-1258
20 Bare Hill Rd, Groveland, MA, 01834
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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