
38 King Dr Wilbraham — Photo 1 of 21
Recent Drop: $150,000
$550,000
Wilbraham, MA 01095
Beds
1
Baths
1
SqFt
600
Style
Single Family
Built
1950
Builders, developers, and investors: this is a rare opportunity to acquire 98 acres of land with significant potential and seller financing available for qualified buyers. The property includes a 1-bedroom cottage with vaulted wood ceilings and large windows overlooking the Chicopee River. The home requires a full rehab but offers a strong starting point for a riverfront residence. Zoned primarily R-60, this parcel offers multiple development pathways (buyer to conduct due diligence): Potential for 8–9 frontage lots starting on Maynard Road and King Drive, Renovate or rebuild the existing riverfront cottage, Approximately 75 remaining acres suitable for a subdivision, condo development, estate lots, or possible solar installation with planning board approval. This property features wooded privacy, rolling terrain, and beautiful river frontage. A country setting with convenient access to Route 20, the Mass Pike, and area amenities. Large tracts of riverfront with flexibility are rare.
* Analysis is based on 16 actively listed and recently sold comparable properties strictly within Wilbraham, MA.
Was $650,000
May 19, 2026
MLS® 73454688
Was $700,000
Jan 5, 2026
MLS® 73454688
Nov 13, 2025
MLS® 73454688
14,618
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
$122K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
11.1%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
359 housing units permitted in the last 12 months (+20% vs the prior 12 months) — 74 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
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: 300 sq ft (the lesser of 900 sq ft or half the 600 sq ft principal dwelling). Lot size: 4,268,898 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 Agent: Megan Hayden
Listing Office: Century 21 North East
MLS® Number: 73454688
Explore other active listings in the area.