Active
15 Days on market
42 Olive St Ashland — Photo 1 of 3
Recent Drop: $79,000
$429,000$350,000
$350,000
42 Olive St, Ashland, MA 01721
Ashland, MA 01721
Beds
1
Baths
1
SqFt
515
Style
Single Family
Built
1945
Beautiful flat 1/4-acre lot in a highly desirable Ashland location, just moments from Ashland and Hopkinton State Parks, shopping, dining, and major conveniences. A fantastic opportunity for builders or buyers seeking a prime setting for new construction. Existing small house must be torn down, and the buyer will need to connect to town sewer as the current dwelling is on septic. Contents of the home will remain. Do not enter the structure—land can be walked and explored freely. Create your dream home in one of Ashland’s most sought-after areas.
Market Value Analysis
This Property
Size (SqFt) →Price →This Property$680/sqft
Local Avg (Ashland)$345/sqft
97% AboveMarket Average
* Analysis is based on 11 actively listed and recently sold comparable properties strictly within Ashland, MA.
Property Details
Financials
Original Price$429,000
Annual Taxes$4,708
Parking
Garage0
Off-Street4
Interior Specifications
Total Rooms3
FireplacesNone
Flooring--
BasementNone
Climate & Utilities
HeatingNatural Gas
CoolingNone
WaterPublic
SewerInspection Required for Sale, Private Sewer
Building & Exterior
Construction--
Roof--
FoundationConcrete Perimeter
ZoningR1
Property & Lot
Acres0.24
SqFt Lot10,308
Lot FeaturesLevel
Geography
Property History
Price Drop
$350,000
Was $429,000
Aug 17, 2026
MLS® 73561286
Listed
$429,000
Aug 10, 2026
MLS® 73561286
Population
18,873
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$128K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
24.7%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
ADU Potential
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: 258 sq ft (the lesser of 900 sq ft or half the 515 sq ft principal dwelling). Lot size: 10,308 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 Provided By
Listing Agent: Lisa Coughlin
Listing Office: Realty Executives Boston West
MLS® Number: 73561286
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