Active
76 Days on market
50 North Spencer Rd Spencer — Photo 1 of 42

50 North Spencer Rd Spencer — Photo 1 of 42

$980,000

50 North Spencer Rd, Spencer, MA 01562

Spencer, MA 01562

Beds

3

Baths

2

SqFt

12,723

Style

Single Family

Built

1960

A truly one-of-a-kind property offering the rare opportunity to own a charming 3-bedroom, 2-bath home on over 5 acres while embracing a unique live/work lifestyle. The property includes an established greenhouse and garden operation featuring five operating greenhouses, additional outbuildings, ample paved parking, and three ANR-approved lots totaling 5.11± acres. Whether you continue the long-established Spencer Greenery business, expand the existing operation, pursue agricultural or horticultural ventures, or simply enjoy the flexibility of this exceptional property, the possibilities are endless. Two vacant ANR lots offer future development or resale potential (subject to buyer due diligence). Conveniently located on Route 31 with outstanding visibility and easy access. A rare opportunity to combine home, business, and investment potential in one remarkable property.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$77/sqft
Local Avg (Spencer)$267/sqft
71% BelowMarket Average

* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Spencer, MA.

Property Details

Financials

Original Price$980,000
Annual Taxes--

Parking

Garage1
Off-Street24

Interior Specifications

Total Rooms6
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

HeatingForced Air, Oil
CoolingNone
WaterPrivate
SewerPrivate Sewer

Building & Exterior

Construction--
Roof--
FoundationOther
ZoningRR

Property & Lot

Acres5.11
SqFt Lot222,591
Lot Features--

Geography

Population

12,008

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

Median Household Income

$81K

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

Renter-Occupied Homes

37.0%

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: 900 sq ft (the lesser of 900 sq ft or half the 12,723 sq ft principal dwelling). Lot size: 222,591 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: Michael Barbera

Listing Office: BA Property & Lifestyle Advisors

MLS® Number: 73541617

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