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Single Family Residence at 40 Elm Street, North Reading MA 01864
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$1,799,900

40 Elm Street, North Reading MA 01864
North Reading, MA 01864
Listed by Laurie Cappuccio
Bedrooms
4
Bathrooms
5.5
Living area
4,400 sqft
Year built
2026

About this home

A residence worthy of royalty, this NEW CONSTRUCTION masterpiece, in the highly sought after BATCHELDER SCHOOL DISTRICT, offers unparalleled elegance and comfort. Four LAVISH EN-SUITE BEDROOMS WITH SPA LIKE BATHS—three with walk-in closets and one with a full-wall double closet—provide private retreats for all. The COFFERED CEILING living room exudes sophistication, leading to a grand TWO-STORY KITCHEN adorned with an abundance of custom cabinetry and TOP-TEIR APPLIANCES. Six luxurious bathrooms, TWO LAUNDRY ROOMS, and a refined HOME OFFICE elevate everyday living. An open loft with GLASS RAILINGS overlooks the stunning main level, while the walk-out basement with FLOOR-TO-CEILING WINDOWS immerses you in serene green vistas. STONEWALLS AND PATIO. A circular driveway plus an additional driveway ensures ample parking, complemented by 2-CAR GARAGE with effortless first-level entry. This is not just a home—it’s a statement of prestige.

Highlights

Fireplace

Property details

MLS
MLS Property Information Network
MLS #
73593812
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
2
On market date
October 21, 2026
Stories
N/A
Total bathrooms
5.5
Garage spaces
2
Parking spaces
15
Lot size
1.09 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
John E Burke
1.12 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
243
Student:teacher ratio
11.6:1
District
Peabody
Middle
North Reading Middle
2.45 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
564
Student:teacher ratio
11.3:1
District
North Reading
High
North Reading High
2.42 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
639
Student:teacher ratio
9.5:1
District
North Reading

Walkability

Blended score for North Reading's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

46
Somewhat walkable
out of 100
EPA National Walkability Index
7.8 / 20 -- Below average walkable
Google Places amenity density
55 / 100
Restaurants & cafes6
Grocery stores2
Parks4
Schools4
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in North Reading, from live MLS data.

On the market 2 days -- 71 fewer days than North Reading's current average of 73 days.
For reference, the median list price across 115 active listings in North Reading right now is $730,000.

Mortgage calculator

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Est. monthly payment
$10,989/mo
$359,980 down
$1,439,920 loan
Principal & interest$9,339
Property tax (est.)$1,500
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.