As of May 2025, Plum Island’s land real estate market shows steady activity, with a noticeable uptick in listings as seasonal interest returns to this coastal enclave. The median listing price for land is approximately $925,000, reflecting both the limited availability of buildable parcels and the high demand for waterfront and marsh-view locations. Properties are moving at a moderate pace, with lots averaging 28 days on the market. The current inventory includes a mix of smaller residential lots and premium parcels ideal for custom home development, making it attractive to both individual buyers and small-scale builders. Given the island’s strict conservation zoning and floodplain regulations, buyers are advised to consult with local experts to ensure feasibility and compliance before purchasing.
Plum Island offers a limited but unique selection of land for sale, including residential lots for custom home builds, teardown opportunities, and vacant parcels near the beach, marshlands, or Plum Island River. Some lots provide ocean views, while others offer more secluded settings for nature lovers or seasonal retreats.
As of mid-2025, land prices in Plum Island typically range from $300,000 to over $800,000, depending on location, size, zoning, and proximity to the beach or waterfront. Ocean-facing lots or those with development potential tend to command a premium, while smaller inland lots may be more affordable.
Zoning and land use on Plum Island are governed by local regulations in Newbury and Newburyport. Zoning classifications may determine if the land is suitable for single-family homes, seasonal cottages, or conservation use. Setbacks, height restrictions, and lot size minimums are also enforced, and buyers should consult local zoning maps and town planning departments before proceeding with a purchase.
Yes, Plum Island is subject to strict environmental and conservation regulations due to its coastal location and sensitive ecosystems. Some parcels fall within wetlands or conservation zones regulated by the Conservation Commission, which can restrict building or require special permits. Buyers should conduct environmental assessments and review local ordinances to understand any limitations on development.
Before buying land in Plum Island, consider the property’s zoning status, flood zone designation, utility access (water, sewer, electric), and potential environmental restrictions. Also evaluate buildability—some lots may require engineering studies, conservation approvals, or special permits. Working with a local real estate agent and land use attorney can help navigate the complexities.
While cash offers are common, it is possible to finance land purchases in Plum Island through specialized lenders or local banks offering land loans. Keep in mind that financing terms may be more stringent than traditional home loans, often requiring larger down payments, shorter terms, and proof of development plans.
Land in Plum Island can be a strong long-term investment due to limited inventory, desirable coastal location, and strong demand for custom homes or vacation properties. However, buyers should weigh environmental restrictions, development costs, and market trends. Proper due diligence and local insight are key to making a wise investment in this unique barrier island community.
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