Rare opportunity for developer/builder to subdivide an outstanding parcel into four (4) residential lots on an historic estate with beautiful trees and stone walls or to develop for institutional purposes (assisting living, etc). High-end sub-divisions off Common, Merrall and Warren offer an existing (Precint 1) neighborhood of fine homes. Excellent access to major routes and downtown Dedham. Superb private schools nearby. Note that there is both an 8,897 sq ft antique gambrel style house (20+ rooms, built 1752) and a 1,027 sq ft carriage house on site (built in 1827). A restoration opportunity in lieu of sub-division. The land abutts Wilson Mountain State Park, a 213 acre protected woodland park. Note that the structures are NOT in the national register, nor a local register, nor in the Dedham Historic District. Moreover, Dedham has no demolition delay law.