55 Chestnut St, North Reading MA 01864
North Reading, MA 01864
$800,000
Est. $5,042/month
About this home
Also listed as a single family home in MLS # 73556234. A rare offering of 4.6 wooded acres presenting a unique opportunity for buyers to explore potential uses for this expansive parcel. Whether you're envisioning renovation of the 3-bedroom, 2 bath home on the lot, development, a custom home, or another path forward, this property offers the space and privacy to bring your vision to life. Nestled among mature trees, the lot provides a peaceful, private setting while still offering flexibility for future plans. Buyer and buyer's agent are encouraged to perform their own due diligence with the town regarding zoning, permitting, and any potential uses for the lot, which is being sold as-is. An excellent opportunity for builders, investors, or buyers looking to create something special on a sizeable, wooded parcel right down the street from the exclusive Cranberry Meadows development and sought-after Chestnut Village.
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Property History
Property Timeline
Listed for Sale
Jul 29, 2026
$800,000
Original listing
Office: Coldwell Banker Realty - Andovers/Readings Regional
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/29/2026 | 🏠 Listed for Sale | $800,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $9,560 | $732,000 |
Financial Details
Annual Property Tax
$9,560
Tax Year 2025
Assessed Value
$732,000
Facts & Features
Home Facts
Type
Land
Style
Residential
Lot Size
4.60 acres
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Utilities
Electric
On-site
Water
Public
Sewer
Private Sewer
Gas
Nearby
Other
None
Financial
Annual Tax
$9,560
Assessed Value
$732,000
MA Disclosures
Seller Disclosures
There Is A Home On The Property, Mls # 73556234. Property Is Being Sold As-is, Buyer To Perform Due Diligence. Any Required Septic Work Is Buyer Responsibility.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
Land Survey (1)
County
Middlesex
Property Overview
Property Type
Residential
Listing Type
Land
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Structure Type:
Exterior Materials:
Roof:
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Private Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Wooded, Lot Staked
Road Surface:
Paved
Parking & Garage
Parking Features:
Nearby Schools
School District
North Reading School District local
A
School Safety
2024-25
0.0%
Very Low (Safest)
0.4%
In-School
5.5% below state avg
Elementary Schools
2 schools
A+
L.D. Batchelder School
0.6 mi
|
#8 of 824
|
Score: 66.6
Improved 22 spots from last year
+8.4 above state avg
462 students
Less Diverse
Rising School
Strong Attendance
Grades K-05
A+
J. Turner Hood Elementary School
0.8 mi
|
#67 of 824
|
Score: 61.2
Improved 86 spots from last year
+3 above state avg
416 students
Moderate
Rising School
Strong Attendance
Grades PK-05
Middle Schools
1 school
A+
North Reading Middle School
1.0 mi
|
#34 of 352
|
Score: 59.6
Dropped 5 spots from last year
+1.3 above state avg
494 students
Less Diverse
Strong Attendance
Grades 06-08
High Schools
1 school
A+
North Reading High School
1.0 mi
|
#33 of 346
|
Score: 70.1
Dropped 6 spots from last year
+11.9 above state avg
652 students
Less Diverse
21 sports
• 1,615 athletes
Strong AP Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$797
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
55 Chestnut St, North Reading MA 01864
North Reading, MA 01864
Listing Information
Listing Agent
Theresa Colarusso
Listing Office
Coldwell Banker Realty - Andovers/Readings Regional
Office Phone
978-475-2201
Agent MLS ID
CN256040
Office MLS ID
AN8827
Listing Data Updated
Jul 29, 2026 9:31 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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