Active

33 Days on market

41 Spruce Rd. North Reading — Photo 1 of 40

$2,200,000

41 Spruce Rd., North Reading, MA 01864

North Reading, MA 01864

Investor Analysis

Beds

Baths

5.5

SqFt

4,949

Style

Single Family

Built

1994

Luxury meets lifestyle in this spectacular North Reading estate, featuring expansive living space, unmatched privacy, and room to live, entertain, and unwind. Your own private retreat, spacious and sophisticated, surrounded by nature and thoughtfully designed for exceptional everyday living. An additional building lot offers future possibilities, though you may decide the true value lies in preserving the extraordinary privacy and estate-like setting. Opportunities of this caliber rarely come to market and seldom remain available for long. Don't miss your chance to own one of North Reading's premier estate properties. By Appointment only

Market Value Analysis

This Property

Size (SqFt) →Price →

This Property$445/sqft

Local Avg (North Reading)$363/sqft

23% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within North Reading, MA.

Financials

Original Price$2,200,000

Annual Taxes$22,902

Parking

Garage4

Off-Street20

Interior Specifications

Total Rooms10

Fireplaces3

FlooringWood, Tile

BasementPartial, Finished, Interior Entry, Concrete

Climate & Utilities

HeatingForced Air, Oil

CoolingCentral Air

WaterPublic

SewerPrivate Sewer

Building & Exterior

Construction--

Roof--

FoundationConcrete Perimeter

ZoningRA

Property & Lot

Acres2.75

SqFt Lot120,000

Lot FeaturesWooded, Easements

Amenities & Appliances

Water Heater • Range • Oven • Dishwasher • Refrigerator • Water Treatment

Geography

Floorplan Breakdown

Structural Layout

Second

Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 1Bathroom 2Bathroom 3

First

15,765

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$148K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

15.7%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 4,949 sq ft principal dwelling). Lot size: 120,000 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Full North Reading, MA market report ZIP 01864 market data

Listing Provided By

Listing Agent: John E. Magazzu

Listing Office: Charlesgate Realty Group LLC

MLS® Number: 73565275