889 Holmes Rd, Pittsfield, MA 01201
Overview
Description
Supplements: ... (Read more) Unique opportunity to acquire a fully owned, high-performing solar energy system on 1.25 acres of surveyed land in a prime Pittsfield, MA location. This turnkey 166.7 kW AC (225 kW DC) ground-mounted solar field was placed into service in 2018 and has been meticulously maintained. The system features 784 solar panels (285W and 305W), 5 high-efficiency SolarEdge inverters, and 399 power optimizers. A direct interconnection to the Eversource grid is established via a dedicated 400A, 480V commercial-grade servicedouble the needed capacityoffering seamless future expansion potential. System Ownership & Siting: The solar field is fully owned by the seller, with no lease encumbrances. The land, fully subdivided and surveyed from the larger estate in 2023, is zoned for residential use and includes additional adjacent parcels (approx. 100x100 ft and 15x225 ft). Access easements are recorded with abutting lots, ensuring unimpeded entry to the property. There are no road maintenance or association fees. Income & Performance: Average annual gross income is approximately $141,581 based on: Energy sales: ~$98,500/year (based on 246,250 kWh at $0.40/kWh average rate; can increase to $0.45/kWh if fully allocated to commercial accounts) SREC credits: ~$43,081/year (based on historical average over 4 years) The system participates in Massachusetts' SREC II program, with an opt-out date of 12/31/2027 and an SREC factor of 0.7. PTS #94907. Energy credits are administered via Knollwood Energy and allocated to multiple residential and commercial Eversource accountstransferable and easily reassignable. Recent system upgrades (replacement inverters) are expected to increase production. Operating Expenses: Low annual costs, including: Grounds maintenance: ~$900/year Insurance (2024): $952 Property taxes (on land only): ~$700/year Total average OPEX: ~$2,500-3,000/year Monitoring is available via SolarEdge's remote platform with module-level diagnostics. Over four years, total service costs were under $400, with warranty credits available. Included with Sale: Spare modules, inverters, and power optimizers System documentation, warranties, and historical performance data Subdivision plans and access easement details Future Development Potential: The property qualifies as a residential building lot with public way frontage. It offers panoramic views of the Housatonic River Valley and surrounding mountainsideal for future high-end home development. Holmes Road is one of Pittsfield's most desirable residential corridors, close to downtown Pittsfield, Lenox, and the Tanglewood cultural district. Investor Highlights: Immediate, stable cash flow with existing allocations Fully owned infrastructure with expandability Utility-grade interconnection with no lease complications Low-maintenance, high-efficiency system Long-term potential for development or resale as a premium lot This is a rare opportunity to acquire a high-yield renewable energy asset with substantial upside, situated in a sought-after Berkshire County location.
Listing Details MLS# 247718
Location, Tax & Legal
- Registry
- Middle Registry
- Street #
- 889
- Street Name
- Holmes
- Street Ext
- Rd
- State/Province
- MA
- Postal Code
- 01201
- Map Ref
- PITT M:I02 B:0002 L:115
- Assess Amt
- 38000
- Elem School
- Other
- High School
- Taconic
- Assessed Year
- 2025
- Taxes
- 682
- Tax Year
- 2025
- Concessions
- None
Contract Information
- Original List Price
- 449900
- Limited Service
- No
- Agent Interest
- None
General Property Description
- Realtor.COM Type
- Land
- Lot Square Footage
- 54145
- Acres Apx
- 1.24
- Lot Size SqFt
- 54014
- Surveillance
- No
Status Change Info
- Status Change Date
- 2026-03-25
- Under Contract Date
- 2025-12-21
- Contingent
- Yes
- Contingent Remarks
- Financing / DD
- Sold Date
- 2026-03-25
Remarks & Misc
- Directions
- From Rt 20 / US 7 take Holmes rd and property will be on right hand side directly behind the
- Marketing/Headline
- High-Income Solar Field on 1.25 Acres - $141K Avg Annual Revenue, Development Potential
Restrict Covenants
- No
- Yes
More Information
Exterior Amenities
- Elec-On Site
- Yes
- Electric Avail
- Yes
Land Use
- Other
- Yes
Lot Description
- Subdivision
- Yes
Title V
- Not Applicable
- Yes
Underground Oil Tank
- Unk
- Yes
Water
- Public
- Yes
Right to Farm Comm
- Yes
- Yes
Sewer
- None
- Yes
Perc
- No
- Yes
Soil Evaluation Rpt
- No
- Yes
Subdivided
- Yes
- Yes
Views
- Distant
- Yes
- Hill/Mountain
- Yes
- Scenic
- Yes
- Seasonal
- Yes
Zoning
- Residential
- Yes
Financing
- Conventional
- Yes
Tax Record Report ›