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304 High Rd Newbury — Photo 1 of 40

304 High Rd Newbury — Photo 1 of 40

$1,500,000

Investment Analysis — 304 High Rd

Newbury, MA 01951

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01951 carries an estimated $3,570/mo in gross rent — about a 1.74% cap rate and $26,156/yr in estimated NOI at the $1,500,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

2,866

Style

Single Family

Built

2006

One of the largest single family parcels in all of Newbury! This 16.9 acre property has been held by the same family since 1972 and sits just 4 miles from downtown Newburyport and 5 miles from Plum Island, a rare combination of country living and coastal convenience. The property is surrounded by marshland, offering privacy and pastoral views. Once a working farm with horses, sheep, goats, chickens, and expansive food gardens, the land is ready for its next chapter. It's an ideal setting for horses, a small farm, a pool or pond, tennis or pickleball courts, or simply enjoying wide open space. The 4 bedroom, 2.5 bath home was built in 2006 and features hardwood floors, 9 foot ceilings throughout, and generous living spaces, though it needs cosmetic TLC. A detached brick single car garage offers storage and would benefit from updating. Additional outbuildings are being sold as is. Bring your vision to this rare 16.9 acre offering in Newbury. *Some photos are digitally enhanced with conceptual renderings.

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 2,866 sq ft principal dwelling). Lot size: 736,164 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.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Open Houses

Property Details

Financials

Original Price$1,500,000
Annual Taxes$6,402

Parking

Garage1
Off-Street7

Interior Specifications

Total Rooms7
Fireplaces1
FlooringWood, Tile, Concrete
BasementFull, Bulkhead, Concrete, Unfinished

Climate & Utilities

HeatingCentral
CoolingNone
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningAR4

Property & Lot

Acres16.9
SqFt Lot736,164
Lot FeaturesWooded, Farm, Level, Marsh

Amenities & Appliances

Water Heater • Range • Dishwasher • Refrigerator

Neighborhood

Walk/Jog Trails • Conservation Area • Marina

Geography

Floorplan Breakdown

Structural Layout

Second
Family RoomMaster BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenBedroom 4Bathroom 1
Living Room
Lvl First

26 x 17

Flooring - Hardwood, Exterior Access, Recessed Lighting

Dining Room
Lvl First

15 x 17

Flooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting

Kitchen
Lvl First

15 x 17

Flooring - Stone/Ceramic Tile, Exterior Access, Recessed Lighting, Peninsula

Family Room
Lvl Second

18 x 26

Flooring - Hardwood, Recessed Lighting

Master Bedroom
Lvl Second

16 x 33

Closet, Flooring - Hardwood, Attic Access, Recessed Lighting

Bedroom 2
Lvl Second

16 x 13

Bedroom 3
Lvl Second

12 x 12

Closet, Flooring - Hardwood, Recessed Lighting

Bedroom 4
Lvl First

12 x 12

Closet, Flooring - Hardwood, Recessed Lighting

Bathroom 1
Lvl First

8 x 8

Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting

Bathroom 2
Lvl Second

8 x 9

Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Recessed Lighting

Bathroom 3
Lvl Second

10 x 6

Bathroom - Half, Flooring - Stone/Ceramic Tile, Recessed Lighting

Listing Provided By

Listing Agent: Mark Mcdermott

Listing Office: Keller Williams Realty Evolution

MLS® Number: 73572775