Active

30 Days on market

42 Olive St Ashland — Photo 1 of 3

Recent Drop: $129,100

$429,000

$299,900

42 Olive St, Ashland, MA 01721

Ashland, MA 01721

Beds

Baths

SqFt

515

Style

Single Family

Built

1945

Beautiful flat 1/4-acre lot in a highly desirable Ashland location, just moments from Ashland and Hopkinton State Parks, shopping, dining, and major conveniences. A fantastic opportunity for builders or buyers seeking a prime setting for new construction. Existing small house must be torn down, and the buyer will need to connect to town sewer as the current dwelling is on septic. Contents of the home will remain. Do not enter the structure—land can be walked and explored freely. Create your dream home in one of Ashland’s most sought-after areas.

Market Value Analysis

This Property

Size (SqFt) →Price →

This Property$582/sqft

Local Avg (Ashland)$353/sqft

65% AboveMarket Average

* Analysis is based on 11 actively listed and recently sold comparable properties strictly within Ashland, MA.

Financials

Original Price$429,000

Annual Taxes$4,708

Parking

Garage0

Off-Street4

Interior Specifications

Total Rooms3

FireplacesNone

Flooring--

BasementNone

Climate & Utilities

HeatingNatural Gas

CoolingNone

WaterPublic

SewerInspection Required for Sale, Private Sewer

Building & Exterior

Construction--

Roof--

FoundationConcrete Perimeter

ZoningR1

Property & Lot

Acres0.24

SqFt Lot10,308

Lot FeaturesLevel

Geography

Property History

Price Drop

$299,900

Was $350,000

Aug 30, 2026

MLS® 73561286

Price Drop

$350,000

Was $429,000

Aug 17, 2026

MLS® 73561286

Listed

$429,000

Aug 10, 2026

MLS® 73561286

Population

18,873

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

Median Household Income

$128K

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

Renter-Occupied Homes

24.7%

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

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 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: 258 sq ft (the lesser of 900 sq ft or half the 515 sq ft principal dwelling). Lot size: 10,308 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.

Full Ashland, MA market report ZIP 01721 market data

Listing Provided By

Listing Agent: Lisa Coughlin

Listing Office: Realty Executives Boston West

MLS® Number: 73561286