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Gundersheim Group Real Estate

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Equal Housing Opportunity. Information deemed reliable but not guaranteed.

  1. Home
  2. Listings
  3. 54 Olney Rd, Palmer, MA 01069
Active
57 Days on market
54 Olney Rd Palmer — Photo 1 of 42

54 Olney Rd Palmer — Photo 1 of 42

Recent Drop: $50,250

$750,000
$699,750

$699,750

54 Olney Rd, Palmer, MA 01069

Palmer, MA 01069

Beds

3

Baths

2

SqFt

3,515

Style

Single Family

Built

2002

Perched atop a scenic hillside on over 3 private acres, this exceptional ranch offers the perfect blend of luxury, privacy, and convenience—just minutes from the Mass Pike and shopping centers. Designed for effortless everyday living and unforgettable entertaining, the spacious open floor plan features hardwood flooring, a stunning kitchen with wraparound breakfast bar, formal dining area, and a welcoming living room centered around a fireplace. The private primary suite offers a walk-in closet, oversized bath, and adjoining flex room ideal for a home office, nursery, or sitting room. Two additional bedrooms are thoughtfully positioned on the opposite side of the home for added privacy. Enjoy every season from the heated sunroom overlooking beautifully landscaped grounds complete with a pergola, hot tub, greenhouse, and additional detached garage. The enormous finished lower level provides exceptional bonus space for a media room, gym, recreation area, or guest retreat. If you've been searching for peaceful country living without sacrificing convenience, this is the lifestyle you've been waiting for.

Immersive Experience

Virtual Tour

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$199/sqft
Local Avg (Palmer)$219/sqft
9% BelowMarket Average

* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Palmer, MA.

Property Details

Financials

Original Price$750,000
Annual Taxes$11,584

Parking

Garage3
Off-Street13

Interior Specifications

Total Rooms8
Fireplaces1
FlooringTile, Hardwood, Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet
BasementFull, Finished, Interior Entry, Bulkhead, Concrete

Climate & Utilities

HeatingForced Air, Natural Gas, Pellet Stove
CoolingCentral Air
WaterPrivate
SewerPrivate Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
ZoningSR

Property & Lot

Acres3.31
SqFt Lot144,184
Lot FeaturesWooded, Cleared, Level, Sloped

Amenities & Appliances

Oven • Microwave • Range • Refrigerator • Washer • Dryer • Water Treatment

Neighborhood

Public School

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomBedroom 2Bedroom 3Bathroom 1Bathroom 2
Basement
Family Room
Main,First
Dining RoomKitchenMaster Bedroom
Main
Office
Living Room
Lvl First

Ceiling Fan(s), Flooring - Hardwood, Deck - Exterior, Exterior Access, Open Floorplan

Dining Room
Lvl Main,First

Flooring - Stone/Ceramic Tile, Exterior Access

Kitchen
Lvl Main,First

Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Pantry, Breakfast Bar / Nook, Open Floorplan

Office
Lvl Main

Ceiling Fan(s), Flooring - Hardwood, Exterior Access

Family Room
Lvl Basement

Flooring - Wall to Wall Carpet

Master Bedroom
Lvl Main,First

Bathroom - Full, Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s), Flooring - Hardwood, Exterior Access

Bedroom 2
Lvl First
Bedroom 3
Lvl First

Ceiling Fan(s), Closet, Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - With Shower Stall, Bathroom - With Tub, Walk-In Closet(s), Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl First

Bathroom - Full, Bathroom - With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile

Property History

Price Drop
$699,750

Was $725,000

Aug 5, 2026

MLS® 73541258

Price Drop
$725,000

Was $750,000

Jul 14, 2026

MLS® 73541258

Listed
$750,000

Jun 24, 2026

MLS® 73541258

Population

8,821

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$80K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

25.7%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Hampden County

359 housing units permitted in the last 12 months (+20% vs the prior 12 months) — 74 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: 900 sq ft (the lesser of 900 sq ft or half the 3,515 sq ft principal dwelling). Lot size: 144,184 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.

Full Palmer, MA market report ZIP 01069 market data
Listing Provided By

Listing Agent: Karen King Group

Listing Office: REMAX Connections

MLS® Number: 73541258

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