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Listing broker remarks

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.— Chinatti Realty Group, Inc.

Key details

  • 3,282 sq ft
  • 24,250 lot sq ft
  • 6 beds
  • 4.5 baths
  • 1971 built
  • $243 / sq ft
MLS #
7⁠3⁠5⁠7⁠9⁠7⁠8⁠8⁠
Last updated
Address
47 Riverside Dr
Town
North Reading, MA
ZIP
01864
Deed (Bk/Pg)
83919 / 96

Map

Neighborhood: North Reading

National Historic Landmark

Federally designated as nationally significant — the highest U.S. historic recognition. Section 106 review applies to federal undertakings affecting the property.

National Register

Listed on the National Register of Historic Places. Owners may qualify for the 20% federal Historic Rehabilitation Tax Credit on certified rehabilitation work.

State Register

Listed on the Massachusetts State Register of Historic Places.

Local Historic District

Inside a Local Historic District. Exterior changes visible from a public way require approval from the local historic district commission.

Local Landmark

Individually designated by the town as a local landmark. Exterior alterations require commission approval.

MACRIS Inventory

Documented in MACRIS, the state historic inventory. Informational only — no regulatory constraints.

Article 85 (Boston)

Subject to Boston Article 85 demolition-delay review, which can pause demolition of buildings 50+ years old for up to 90 days.

Ch. 91 Waterways License

An active MassDEP permit for a dock, pier, seawall, or other structure on or over a Massachusetts waterway. Many older licenses are not digitized; this record is provided for reference only.

Massachusetts Great Pond

A Great Pond under M.G.L. Ch. 91 — the Commonwealth retains public rights to fish and navigate these state-designated waters. Private docks and other waterfront structures require a Waterways License from MassDEP.

Likely Great Pond

The MLS listing describes this property as being on a Great Pond, which would be a state-designated water body under M.G.L. Ch. 91. GIS data did not independently confirm the pond name — verification needed.