
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
* Analysis is based on 19 actively listed and recently sold comparable properties strictly within Leicester, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Washer • Dryer
Neighborhood
Shopping • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstMaster Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl FirstPopulation
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 Agent: Patricia Larson
Listing Office: Vylla Home
MLS® Number: 73570935
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