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Maggie Li

I'm Maggie Li, a Newton, MA real estate agent serving first-time buyers, luxury clients and sellers across Greater Boston in English & Mandarin. Let's find your home.

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  • 1229 Centre Street, Newton Centre, MA, USA
  • (774) 222-0952
  • lyx0402@gmail.com

Brokerage

William Raveis

© 2026 Maggie Li. All rights reserved.
Equal Housing Opportunity. Information deemed reliable but not guaranteed.

  1. Home
  2. Listings
  3. 240 Worcester Road, Sterling, MA 01564
Active
444 Days on market
240 Worcester Road Sterling — Photo 1 of 15

240 Worcester Road Sterling — Photo 1 of 15

$799,000

240 Worcester Road, Sterling, MA 01564

Sterling, MA 01564

Beds

--

Baths

--

SqFt

--

Style

Other

Built

1908

A Fantastic Development Opportunity Awaits! A 40B project would be ideal. Discover the historic Sterling Inn, ideally situated at the base of Mt. Wachusett and offering incredible potential for redevelopment or restoration. This iconic property sits on 1.6 acres and boasts nearly 12,000 sq ft of interior space. Included in the sale is the adjacent 3.7-acre mixed-use lot located at 223 Worcester Road, providing a total of 5.3 acres for your vision. Both 240 & 223 Worcester Road are deeded together, offering a rare chance to reimagine this landmark. Whether you’re looking to restore the existing structure, develop townhomes or condos, or create a mixed-use community with residential and retail components, this property is brimming with opportunity. Just minutes from hiking, skiing, and outdoor adventure, this location combines small-town charm with big development potential.

Property Details

Financials

Original Price$799,900
Annual Taxes$6,090

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
Water--
Sewer--

Building & Exterior

Construction--
RoofAsphalt/Composition Shingles, Shingle, Rubber
Foundation--
ZoningTCD

Property & Lot

Acres5.3
SqFt Lot230,868
Lot Features--

Geography

Property History

Price Increase
$799,000

Was $500,000

Jun 17, 2026

MLS® 73383543

Price Drop
$500,000

Was $799,900

Mar 2, 2026

MLS® 73383543

Listed
$799,900

Jun 2, 2025

MLS® 73383543

Expired
$844,900

May 17, 2025

MLS® 73171928

Listed
$844,900

Oct 18, 2023

MLS® 73171928

Expired
$700,000

Sep 30, 2010

MLS® 70925276

Listed
$700,000

May 28, 2009

MLS® 70925276

Population

8,183

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

Median Household Income

$129K

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

Renter-Occupied Homes

13.7%

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)

Full Sterling, MA market report ZIP 01564 market data
Listing Provided By

Listing Agent: The Espinola Group

Listing Office: Keller Williams Realty-Merrimack

MLS® Number: 73383543

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