Development Opportunity! Located in Beautiful Magnolia abutting 500+ acre Ravenswood Park and less than a mile to Magnolia Beach sits this private 20 Acre Lot which has the potential for a private estate, a cluster development of single family homes, condominiums or a 40B. The property has two areas of wetlands on record which are at the front of the lot on each side of the dwelling & existing drive. Behind the single family house, which is included, is the pristine wooded lot which boasts the second highest point in Cape Ann. Please do not walk the property without an appointment. Zoned R-30 low density residential.