Rare opportunity to own lakefront property with sweeping views of Forest Lake — bring your vision and make it yours. Situated on a private road maintained by the town, this lot sits directly adjacent to the Forest Lake Wildlife Management Area, offering a serene natural setting with privacy and preserved open space that can never be built upon.Whether you're an investor, developer, or builder dreaming of a custom lakeside retreat, this is the blank canvas you've been waiting for. The property is primed for extensive rehabilitation or full reconstruction — ideal for a buyer ready to unlock its full potential in one of Palmer's most desirable natural settings.Offered as-is. Septic status is unknown and will require evaluation. Buyers are encouraged to perform thorough due diligence. Properties like this — with lake views, wildlife area adjacency, and room to create — rarely come to market.
For sale
$124,999
725 River St, Palmer, MA 01069
3beds
1,064sqft
Single Family Residence
Built in 1950
4,791 Square Feet Lot
$220,800 Zestimate®
$117/sqft
$-- HOA
What's special
Lakefront propertyLake viewsWildlife area adjacency
- 42 days |
- 4,004 |
- 431 |
Zillow last checked:
Listing updated:
Listed by:
Michael Videtta 617-687-9769,
The Hive Real Estate LLC 860-786-2854,
Michael Videtta 617-687-9769
Source: MLS PIN,MLS#: 73525467
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Other
Cooling
- Other
Appliances
- Included: Water Heater
Features
- Has basement: No
- Number of fireplaces: 1
Interior area
- Total structure area: 1,064
- Total interior livable area: 1,064 sqft
- Finished area above ground: 1,064
Property
Parking
- Total spaces: 2
- Uncovered spaces: 2
Features
- On waterfront: Yes
- Waterfront features: Waterfront, Lake, Lake/Pond
Lot
- Size: 4,791 Square Feet
- Features: Wooded
Details
- Parcel number: 3146514
- Zoning: RR
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Foundation: Block
Condition
- Year built: 1950
Utilities & green energy
- Electric: Other (See Remarks)
- Sewer: Private Sewer
- Water: Private
Community & HOA
HOA
- Has HOA: No
Location
- Region: Palmer
Financial & listing details
- Price per square foot: $117/sqft
- Tax assessed value: $104,400
- Annual tax amount: $1,337
- Date on market: 5/28/2026
Estimated market value
$220,800
$170,000 - $276,000
$1,870/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2026 | Listed for sale | $124,999+25%$117/sqft |
Source: MLS PIN #73525467 Report a problem | ||
| 11/22/2022 | Sold | $100,000-16.6%$94/sqft |
Source: Public Record Report a problem | ||
| 5/6/2021 | Listing removed | -- |
Source: | ||
| 4/10/2021 | Contingent | $119,900$113/sqft |
Source: MLS PIN #72802857 Report a problem | ||
| 3/24/2021 | Listed for sale | $119,900$113/sqft |
Source: MLS PIN #72802857 Report a problem | ||
| 12/3/2020 | Listing removed | $119,900$113/sqft |
Source: Real Living Realty Professionals #72761802 Report a problem | ||
| 11/30/2020 | Listed for sale | $119,900+1099%$113/sqft |
Source: Real Living Realty Professionals, LLC #72761802 Report a problem | ||
| 11/30/2017 | Sold | $10,000-81.1%$9/sqft |
Source: Public Record Report a problem | ||
| 10/16/1993 | Sold | $53,000$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,908 +7.6% | $104,400 +9.9% |
| 2024 | $1,774 +10.5% | $95,000 +15% |
| 2023 | $1,606 +3.5% | $82,600 +13.9% |
| 2022 | $1,552 -14.7% | $72,500 -9.8% |
| 2021 | $1,819 -0.8% | $80,400 |
| 2020 | $1,833 +3% | $80,400 |
| 2019 | $1,780 -22.2% | $80,400 -22.4% |
| 2018 | $2,287 +2.1% | $103,600 -0.3% |
| 2017 | $2,241 +4.5% | $103,900 +3.1% |
| 2016 | $2,144 | $100,800 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 01069
Nearby schools
GreatSchools rating
- 3/10Old Mill Pond Elementary SchoolGrades: PK-5Distance: 2.4 mi
- 5/10Palmer High SchoolGrades: 7-12Distance: 2.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Massachusetts
- Hampden County
- Palmer
- 01069
- 725 River St





