249 Rowley Bridge Rd, Topsfield, MA, 01983 | $1,995,000

For the first time in 50 years, the iconic “Alfalfa Farm” in Topsfield is offered for sale. Over multiple generations Alfalfa Farm has been operated as a dairy, a horse farm and, for the past 29 years, a successful and award winning winery, tasting room and event venue with bath. Opportunities abound for farm use, equestrian facility, winery or redevelopment. Offered as one 9. 14 acre parcel now, the property has potential for ANR division into 4 lots. The property includes the main house with 6 bedrooms and 3 bathrooms, currently configured as 3 rental units. The main barn is architecturally striking and has 9 stalls, work areas and hay loft. The winery has a large tasting room and adjacent outdoor spaces and wine production area. Parking areas estimated for both residential and winery areas. The winery business and related equipment is negotiable for sale with the real estate. Alfalfa Farm offers excellent frontage and easy access to transportation, Boston and Logan Airport.

Features

  • Amenities: Shopping, Walk/Jog Trails, Stable(s), Golf, Conservation Area, Highway Access, Private School, Public School
  • Rooms: 13
  • Bedrooms: 6
  • Baths: 3 full
  • Laundry: Electric Dryer Hookup, Washer Hookup
  • Style: Colonial, Farmhouse
  • Year Built: 1870
  • Garage: 2-car Detached
  • Basement: Partial, Bulkhead, Dirt Floor
  • Approx Sq. Feet: 3,523
  • Acreage: 9.15
  • Est. Taxes: $12,882
  • Lot Desc: Cleared, Farm, Gentle Sloping
  • Appliances: Water Heater, Range, Refrigerator, Washer, Dryer
  • MLS#: 73230958
  • Website: https://www.raveis.com
    /eprop/73230958/249rowleybridgerd_topsfield_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by John Adams courtesy of J. Barrett & Company   Phone: 978-468-0046

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249 Rowley Bridge Rd, Topsfield, MA, 01983

$1,995,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,596,000 $1,596,000 $1,596,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.375% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.229% 6.486% 6.307%
Monthly Tax Payment $1,074 $1,074 $1,074
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,187 $9,957 $13,576
Total Monthly Payment $10,386 $11,156 $14,775

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.