Cohen + White Associates
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889 Holmes Rd, Pittsfield, MA 01201

$449,900
Property Type: Land Lot Size (sq. ft.): 54,014 Status: Active
Current Price: $449,900 List Date: 9/15/2025 Last Modified: 9/16/2025

Description

Turnkey 166.7 kWAC solar field on 1.25 surveyed acres in Pittsfield, MA. Ground-mounted, fully owned system with 784 panels, 5 SolarEdge inverters, and direct grid tie-in via oversized 400A service. Averaging $141K/year in gross income from energy sales and SREC credits. Minimal operating costs, transferable SREC II program (through 2027), and included spare components. Ideal for investors seeking reliable clean energy cash flow with future potential for residential development. No leases—fully owned land with easements in place. Once in a lifetime fully operating solar purchase. Would be an excellent investment. With right terms seller is also willing to hold paper.

Supplements: 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.

More Information MLS# 247718

Contract Information

Current Price: $449,900 Status: Active List Date: 2025-09-15 List Price: $449,900 Original List Price: 449900 Limited Service: No Agent Interest: None

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

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: 2025-09-15

Property Features

Perc: No Restrict Covenants: No Sewer: None Soil Evaluation Rpt: No Subdivided: Yes Title V: Not Applicable Underground Oil Tank: Unk Water: Public Right to Farm Comm: Yes Views: Distant; Hill/Mountain; Scenic; Seasonal Lot Description: Subdivision Land Use: Other Exterior Amenities: Elec-On Site; Electric Avail Zoning: Residential
Listing Office: ROYAL PROPERTY GROUP
Listing Agent: Nathan Girard
Last Updated: September - 16 - 2025
Information from the Berkshire County Board of Realtors, Inc. or it's Multiple Listing Service. Site contains live data. Information herein believed to be accurate, but not warranted. All right, title and interest in the exclusively listed property information represented on this website was created, maintained and copyrighted by the Berkshire County Board of Realtors® and in copyrights therein, hall at all times remain vested in the Berkshire County Board of Realtors®. As a Participant of theBerkshire County Multiple Listing Service, this company was granted a lease to use this information in accordance with all rules and regulations of the Service. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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