Single Family Residence at 47 Riverside Dr, North Reading MA 01864, North Reading
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17 photos

$799,999

47 Riverside Dr, North Reading MA 01864
North Reading, MA 01864
Listed by Dominion Okeke
Bedrooms
6
Bathrooms
4.5
Living area
3,282 sqft
Year built
1971

About this home

Exceptional opportunity for builders, developers, investors, or buyers looking to complete a substantial reconstruction in desirable North Reading. This property is currently under construction and being offered AS-IS, providing the next owner an opportunity to complete and customize an impressive Modern Farmhouse-style residence. Current plans feature approximately 3,282 SF of above-grade living area, plus approximately 1,000 SF of planned lower-level/basement space upon completion. The proposed layout features 6 bedrooms and 4.5 baths, including two primary en-suites, with a flexible floor plan designed for comfortable living. Plans also include an attached 2-car garage. A newly installed septic system is already in place. Situated on approximately 0.56 acres with scenic sloping landscape and views of the Ipswich River, the property offers tremendous potential in a desirable setting. Significant construction has already been undertaken, allowing the next owner to continue the project and select the remaining finishes. Convenient to shopping, major routes and area amenities. Property is an active construction site and is being sold AS-IS in its current condition. Buyer and buyer's agent to perform all due diligence regarding plans, permits, room configuration, measurements, construction status and completion requirements.

Highlights

ViewFireplace

Property details

MLS #
73579788
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
7
On market date
September 18, 2026
Stories
N/A
Total bathrooms
4.5
Garage spaces
2
Parking spaces
6
Lot size
0.56 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
John E Burke
1 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
2.43 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
Lynnfield High
2.29 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
564
Student:teacher ratio
12.0:1
District
Lynnfield

Walkability

Blended score for North Reading's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 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
Nearby-amenity density
55 / 100
Restaurants & cafes6
Grocery stores2
Parks4
Schools4
Transit stops0
Pharmacies0

Mortgage calculator

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Est. monthly payment
$4,968/mo
$160,000 down
$639,999 loan
Principal & interest$4,151
Property tax (est.)$667
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 3 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.