Active
7 Days on market
11 Ferncroft Rd Leicester — Photo 1 of 22

11 Ferncroft Rd Leicester — Photo 1 of 22

$249,900

11 Ferncroft Rd, Leicester, MA 01524

Leicester, MA 01524

Beds

3

Baths

1

SqFt

792

Style

Single Family

Built

1972

Attention investors, flippers, and sweat-equity buyers! This high-potential property offers a prime value-add opportunity with massive upside in a serene, sought-after location. Unlock immediate equity with this 3-bedroom, 1-bathroom fixer-upper, perfectly positioned on a spacious 0.33-acre lot. This property features a solid foundation for capitalization, boasting original hardwood floors throughout just waiting to be refinished. A versatile enclosed 4-season porch, and a high-ceiling basement ready to be finished to maximize your usable square footage. Nestled in a quiet, low-traffic neighborhood, the home offers picturesque views of Cedar Meadow Pond, providing an idyllic backdrop for future buyers or renters. Embrace the ultimate lakeside lifestyle with year-round recreational activities just steps away, including boating, kayaking, fishing, and nearby hiking. This property is priced to sell and serves as the perfect canvas for your next profitable flip or a custom dream home tailored to your exact taste. Bring your vision and toolbelt to maximize the ROI on this diamond in the rough!

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$316/sqft
Local Avg (Leicester)$271/sqft
17% AboveMarket Average

* Analysis is based on 19 actively listed and recently sold comparable properties strictly within Leicester, MA.

Property Details

Financials

Original Price$249,900
Annual Taxes$3,419

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms6
FireplacesNone
FlooringWood
BasementPartial, Unfinished

Climate & Utilities

HeatingElectric Baseboard, Electric
CoolingNone
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningSA

Property & Lot

Acres0.33
SqFt Lot14,418
Lot FeaturesWooded

Amenities & Appliances

Electric Water Heater • Range • Washer • Dryer

Neighborhood

Shopping • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2
First
Living RoomDining RoomKitchenBedroom 3
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Master Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bedroom 3
Lvl First

Population

6,327

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$102K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

7.6%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 396 sq ft (the lesser of 900 sq ft or half the 792 sq ft principal dwelling). Lot size: 14,418 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Listing Provided By

Listing Agent: Patricia Larson

Listing Office: Vylla Home

MLS® Number: 73570935

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