Your next project awaits with this amazing redevelopment opportunity! This unique property carries two buildable lots with proper frontage - Lot A: 34 Pine St, which is 16,321 sq ft and Lot B:41 Otis St, which is 12,343 sq ft - on the same deed. A plot plan is attached in the listing photos. With proper town review and approvals, along with a proposed dimensional variance there are many potential redevelopment options (up to 3-4 units) for the savvy investor. By right for development purposes, re-deeding the lots into 2 separate deeds will allow the front lot (41 Otis) a single family and ADU, and the rear lot (34 Pine a SF/duplex and ADU. A shared driveway from Otis St (by variance) is likely the best option for access to both future developments. The current owner has also reached out to the town planning director about removing part of the barrier on Pine St, if there's to be a curb cut on 34 Pine (rear lot). Whether lots are re-deeded into separate lot or left as one large lot, there are endless possibilities for this corner lot. Potential buyers may even want to live in the front home while creating their dream home on the rear lot! The home on the front lot is an airy 2BR/2BA Ranch, located in the heart of a well-established neighborhood, with proximity to all Danvers has to offer! A multitude of shops & restaurants are easily accessible, along with highways, North Shore Mall, and several schools right there. After admiring the expansive outdoor space - step inside and feel solid hardwood on your feet. Enormous living room leads to dining room and kitchen. Down the hall is a full bathroom and the primary bedroom. Head downstairs for another bedrooms, a second kitchen, full bathroom, family room and an office. Laundry room walks out to yard. Detached 1 car garage with storage. Great redevelopment and ADU potential, with proper town approvals! Buyers and agents should conduct proper due diligence to verify all info herein.
Pending
$1,099,900
41 Otis St, Danvers, MA 01923
2beds
1,629sqft
Single Family Residence
Built in 1955
0.66 Acres Lot
$1,072,500 Zestimate®
$675/sqft
$-- HOA
What's special
Family roomDining roomPrimary bedroomExpansive outdoor spaceSecond kitchen
- 25 days
- 728
- 17
Zillow last checked:
Listing updated:
Listed by:
Luciano Leone Team 617-905-8359,
RE/MAX 360 978-535-3122,
Luciano Leone 617-905-8359
Source: MLS PIN,MLS#: 73578410
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Features: Walk-In Closet(s), Flooring - Hardwood
- Level: Main,First
- Area: 132
- Dimensions: 11 x 12
Bedroom 2
- Features: Flooring - Vinyl, Lighting - Sconce
- Level: Basement
- Area: 195
- Dimensions: 13 x 15
Bathroom 1
- Features: Bathroom - Full, Bathroom - With Tub, Flooring - Vinyl
- Level: Main,First
- Area: 35
- Dimensions: 5 x 7
Bathroom 2
- Features: Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
- Level: Basement
- Area: 32
- Dimensions: 4 x 8
Dining room
- Features: Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Open Floorplan
- Level: Main,First
- Area: 90
- Dimensions: 9 x 10
Family room
- Features: Flooring - Vinyl, Lighting - Overhead
- Level: Basement
- Area: 195
- Dimensions: 13 x 15
Kitchen
- Features: Flooring - Vinyl, Exterior Access
- Level: First
- Area: 132
- Dimensions: 11 x 12
Living room
- Features: Closet, Flooring - Hardwood, Exterior Access, Open Floorplan
- Level: Main,First
- Area: 273
- Dimensions: 13 x 21
Office
- Features: Flooring - Vinyl, Lighting - Overhead
- Level: Basement
- Area: 120
- Dimensions: 10 x 12
Heating
- Baseboard, Hot Water, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Water Heater, Range, Disposal, Refrigerator, Gas Cooktop
- Laundry: Electric Dryer Hookup, Exterior Access, Washer Hookup, Lighting - Overhead, In Basement
Features
- Lighting - Overhead, Office, Kitchen
- Flooring: Tile, Vinyl, Hardwood, Flooring - Vinyl, Flooring - Stone/Ceramic Tile
- Basement: Full,Finished,Walk-Out Access,Interior Entry,Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 1,629
- Total interior livable area: 1,629 sqft
- Finished area above ground: 873
- Finished area below ground: 756
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Detached, Garage Door Opener, Storage, Workshop in Garage, Paved Drive, Off Street, Paved
- Garage spaces: 1
- Uncovered spaces: 2
Features
- Exterior features: Rain Gutters, Storage, Sprinkler System
- Fencing: Fenced/Enclosed
Lot
- Size: 0.66 Acres
- Features: Corner Lot, Additional Land Avail., Level
Details
- Foundation area: 754
- Parcel number: 1877630
- Zoning: R1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Block
- Roof: Shingle
Condition
- Year built: 1955
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Oven, for Electric Dryer, Washer Hookup
Community & HOA
Community
- Features: Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, Sidewalks
HOA
- Has HOA: No
Location
- Region: Danvers
Financial & listing details
- Price per square foot: $675/sqft
- Tax assessed value: $837,100
- Annual tax amount: $9,200
- Date on market: 9/16/2026
- Road surface type: Paved
Estimated market value
$1,072,500
$1.02M - $1.13M
$3,448/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/5/2026 | Pending sale | $1,099,900$675/sqft |
Source: MLS PIN #73578410 Report a problem | ||
| 9/16/2026 | Listed for sale | $1,099,900$675/sqft |
Source: MLS PIN #73578410 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,200 -0.4% | $837,100 +0.7% |
| 2024 | $9,236 +80.8% | $831,300 +91.3% |
| 2023 | $5,107 | $434,600 |
| 2022 | $5,107 +19.7% | $434,600 +35.9% |
| 2021 | $4,268 +2.2% | $319,700 |
| 2020 | $4,175 -6.4% | $319,700 -4.8% |
| 2019 | $4,461 +2.9% | $335,900 +4.9% |
| 2018 | $4,334 -2.3% | $320,100 +2.4% |
| 2017 | $4,437 +4.7% | $312,700 +4.8% |
| 2016 | $4,239 +4.1% | $298,500 +9.3% |
| 2015 | $4,072 +1.8% | $273,100 +1.4% |
| 2014 | $4,001 +2.1% | $269,400 |
| 2013 | $3,917 +2.1% | $269,400 -2.2% |
| 2012 | $3,836 +4% | $275,400 |
| 2011 | $3,690 +4.6% | $275,400 -4.6% |
| 2010 | $3,529 +4.4% | $288,800 -4.2% |
| 2009 | $3,380 +2.4% | $301,500 -5% |
| 2008 | $3,301 +8.4% | $317,400 -2.9% |
| 2007 | $3,046 -3.3% | $326,800 +2.7% |
| 2006 | $3,150 +3.1% | $318,200 +7% |
| 2005 | $3,056 +2.7% | $297,300 +9.1% |
| 2004 | $2,976 +11.5% | $272,500 +27.8% |
| 2003 | $2,668 +4.3% | $213,300 +7.8% |
| 2002 | $2,557 -13.6% | $197,900 +18.1% |
| 1998 | $2,958 | $167,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 01923
Nearby schools
Schools provided by the listing agent
- Elementary: Great Oak
- Middle: Holten Richmond
- High: Danvers High School
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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