Summit Terrace

4 Summit Dr, Reading, MA 01867

2 for sale 14 recently sold $450K - $460K

Independent brokerage page. BMN Boston Powered by SERHANT compiles public MLS listing and sales data for Summit Terrace; it is not the building's management company, leasing office, or HOA. Contact Summit Terrace directly for management, rental, or maintenance questions.

About Summit Terrace

Summit Terrace is a residential building built in 1985, located at 4 Summit Dr in Reading, MA 01867. The building features studio to 3-bedroom residences ranging from 315 to 2,000 square feet , with prices from $338K to $485K . There are currently 2 units available for sale. 14 units have sold in the last two years at an average price of $419K .

Monthly HOA fees at Summit Terrace range from $356 to $767 per month and commonly include Water, Sewer, Insurance . Parking is typically common, off street, guest, averaging 1.9 spaces per unit.

Figures summarize MLS listing records. Repeat listings can refer to the same residence; records tracked are not the building's total number of units.

Year Built 1985
Listing records tracked 16
For Sale 2
Avg Days on Market 51
Monthly HOA $356–$767
Avg Parking Spaces 1.9

Last updated: 2026-10-05

Unit Types at Summit Terrace

Unit Type Beds Baths Sq Ft Price Range Available
Studio Studio 1 463 sqft $86K None listed
1 Bedroom 1 1 315 - 850 sqft $75K - $430K None listed
1 Bedroom 1 2 773 - 817 sqft $160K - $412K None listed
2 Bedroom 2 1 770 sqft $180K 2 for sale
2 Bedroom 2 2 937 - 1,948 sqft $160K - $485K 2 for sale
2 Bedroom 2 3 1,180 - 1,429 sqft $220K - $365K 2 for sale
3 Bedroom 3 3 1,815 - 2,000 sqft $198K - $260K None listed

Recently Sold at Summit Terrace

Average sold price: $419K Average days on market: 51 14 sales in the last 2 years
Address Beds/Baths Sq Ft List Price Sold Price Change Sold Date
2 Summitt Dr. # 41, Reading MA 01867 2bd / 2ba 1,123 $467K $467K +0% Aug 19, 2026
3 Summit Drive # 17, Reading MA 01867 1bd / 1ba 785 $400K $399K -0.2% Aug 9, 2026
1 Summit Dr # 58, Reading MA 01867 2bd / 2ba 1,070 $450K $430K -4.4% Jun 22, 2026
2 Summit Dr. # 18, Reading MA 01867 1bd / 1ba 820 $369K $360K -2.4% Feb 5, 2026
4 Summit Drive # 413, Reading MA 01867 1bd / 1ba 683 $350K $338K -3.5% Oct 21, 2025
2 Summit Dr # 67, Reading MA 01867 2bd / 2ba 1,073 $470K $455K -3.2% Oct 19, 2025
1 Summit Dr. # 62, Reading MA 01867 1bd / 1ba 830 $425K $420K -1.2% Aug 14, 2025
3 Summit Drive # 67, Reading MA 01867 1bd / 1ba 800 $410K $420K +2.5% May 27, 2025
2 Summit Drive # 47, Reading MA 01867 2bd / 2ba 1,076 $450K $430K -4.4% May 1, 2025
4 Summit Dr # 419, Reading MA 01867 2bd / 2ba 1,085 $480K $463K -3.6% Apr 29, 2025
4 Summit Drive # 302, Reading MA 01867 2bd / 2ba 1,085 $480K $470K -2.1% Mar 13, 2025
4 Summit Drive # 602, Reading MA 01867 1bd / 1.5ba 817 $350K $345K -1.4% Dec 29, 2024
4 Summit Drive # 508, Reading MA 01867 2bd / 2ba 1,075 $469K $485K +3.4% Dec 22, 2024
2 Summit Dr # 34, Reading MA 01867 1bd / 1ba 816 $360K $385K +7% Dec 17, 2024

Frequently Asked Questions About Summit Terrace

Is BMN Boston Powered by SERHANT the management company or leasing office for Summit Terrace?

No. BMN Boston Powered by SERHANT is an independent real estate brokerage. We compile public MLS listing and recent-sales data for Summit Terrace to help buyers and sellers make informed decisions. We do not manage the building, lease units on behalf of the owner, or handle HOA matters. For management, leasing, or maintenance inquiries, please contact Summit Terrace directly.

How many units are for sale at Summit Terrace?

There are currently 2 condos for sale at Summit Terrace in Reading, MA. Prices range from $450K - $460K.

What is the price range at Summit Terrace?

Prices at Summit Terrace range from $338K to $485K based on recent listings and sales. Prices vary by unit size, floor, and finishes.

What are the unit sizes at Summit Terrace?

Units at Summit Terrace range from 315 to 2,000 square feet, with 0 to 3 bedroom configurations.

How much do condos sell for at Summit Terrace?

14 units have sold at Summit Terrace in the last two years at an average price of $419K. The average time on market was 51 days.

When was Summit Terrace built?

Summit Terrace was built in 1985 and is located at 4 Summit Dr in Reading, MA 01867.

What are the HOA fees at Summit Terrace?

Monthly HOA fees at Summit Terrace $356 to $767 per month. Based on 16 listings with HOA data on file. Fees commonly include Water, Sewer, Insurance. Actual fees vary by unit; confirm with the listing agent.

Is parking available at Summit Terrace?

Parking at Summit Terrace is typically described as common, off street, guest. On average, listings include 1.9 parking spaces. Specific arrangements (deeded, assigned, garage vs. surface) vary by unit.

Looking to Buy or Tour at Summit Terrace?

BMN Boston Powered by SERHANT is a real estate brokerage that tracks every MLS listing at Summit Terrace. Schedule a tour, ask about a specific unit, or get instant alerts when new listings hit the market — download the app or browse all listings below.

Trying to reach the building's management or leasing office? Search "Summit Terrace Reading management" — we are not affiliated with the building's management.