Active
79 Days on market
7 Cider Hill Way Andover — Photo 1 of 42

7 Cider Hill Way Andover — Photo 1 of 42

Recent Drop: $396,000

$4,995,000
$4,599,000

$4,599,000

Investment Analysis — 7 Cider Hill Way

Andover, MA 01810

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 6-bedroom in 01810 carries an estimated $3,890/mo in gross rent — about a 0.37% cap rate and $17,203/yr in estimated NOI at the $4,599,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

6.5

SqFt

10,709

Style

Single Family

Built

2026

Set in one of Andover's most exclusive neighborhoods, this newly constructed estate enjoys a premier location beside The Pike School and within the prestigious Phillips Academy area—an address synonymous with distinction, academic excellence, and enduring value. Opportunities to own new construction of this caliber in such a highly regarded setting are exceedingly rare. Designed for modern living and entertaining, the home features six bedrooms, six full baths, and one half bath, offering a blend of comfort, elegance, and functionality. Expansive living spaces, architectural details, and premium finishes create an atmosphere of timeless luxury. A private first-floor guest suite with direct patio access and a mudroom with a dedicated dog wash station add convenience and flexibility. The sought-after location places residents moments from downtown Andover's dining, shopping, and commuter routes while enjoying the character of one of the town's distinguished neighborhoods.

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: 900 sq ft (the lesser of 900 sq ft or half the 10,709 sq ft principal dwelling). Lot size: 37,710 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.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Immersive Experience

Open Houses

Property Details

Financials

Original Price$4,995,000
Annual Taxes$18,274

Parking

Garage3
Off-Street13

Interior Specifications

Total Rooms13
Fireplaces2
FlooringWood, Tile, Vinyl, Flooring - Stone/Ceramic Tile, Flooring - Hardwood, Flooring - Vinyl
BasementFull, Finished, Sump Pump

Climate & Utilities

HeatingForced Air, Propane
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningSRB

Property & Lot

Acres0.87
SqFt Lot37,710
Lot FeaturesCul-De-Sac, Wooded

Amenities & Appliances

Electric Water Heater • Water Heater • Range • Oven • Dishwasher • Microwave • Refrigerator • Wine Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 1Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenOfficeBedroom 5
Basement
Family Room
Living Room
Lvl First

23 x 21

Flooring - Hardwood, Window(s) - Picture, Recessed Lighting, Slider

Dining Room
Lvl First

23 x 18

Coffered Ceiling(s), Flooring - Hardwood, Recessed Lighting

Kitchen
Lvl First

24 x 19

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Second Dishwasher, Stainless Steel Appliances, Lighting - Sconce, Lighting - Pendant

Office
Lvl First

18 x 18

Ceiling - Coffered, Flooring - Hardwood, Recessed Lighting

Family Room
Lvl Basement

46 x 42

Flooring - Vinyl, Wet Bar, Recessed Lighting

Primary Bedroom
Lvl Second

21 x 18

Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting, Lighting - Pendant

Bedroom 2
Lvl Second

18 x 18

Bedroom 3
Lvl Second

19 x 17

Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting

Bedroom 4
Lvl Second

20 x 16

Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting

Bedroom 5
Lvl First

17 x 17

Flooring - Hardwood, Recessed Lighting, Slider, Closet - Double

Bathroom 1
Lvl Second

18 x 14

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Double Vanity, Recessed Lighting, Soaking Tub

Bathroom 2
Lvl Second

14 x 8

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting, Lighting - Sconce

Bathroom 3
Lvl Second

12 x 7

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Recessed Lighting, Lighting - Sconce

Property History

Price Drop
$4,599,000

Was $4,995,000

Sep 8, 2026

MLS® 73542515

Listed
$4,995,000

Jun 26, 2026

MLS® 73542515

Terminated
$5,200,000

Jun 25, 2026

MLS® 73535232

Listed
$5,200,000

Jun 12, 2026

MLS® 73535232

Listing Provided By

Listing Agent: Team Lillian Montalto

Listing Office: Lillian Montalto Signature Properties

MLS® Number: 73542515