Active
53 Days on market
31 Cedar St North Reading — Photo 1 of 42

31 Cedar St North Reading — Photo 1 of 42

Recent Drop: $199,001

$2,199,000
$1,999,999

$1,999,999

31 Cedar St, North Reading, MA 01864

North Reading, MA 01864

Beds

9

Baths

8.5

SqFt

8,138

Style

Single Family

Built

2007

A RARE NORTH READING ESTATE — NOW OFFERED UNDER $2M. Privately set on 5.25 acres at the end of a desirable cul-de-sac, this turnkey property offers a combination of scale, privacy & versatility rarely available in North Reading. With over 8,100 SF of living space, extensive updates & Title V passed, it's ready to enjoy now while still offering the opportunity to personalize or elevate over time.The expansive main residence features 4 bedrooms, 3.5 baths, multiple living & entertaining spaces, fireplaces, full bar, updated kitchen with granite, fresh paint, deck, fenced patio & 3-car garage. The finished walkout level adds flexible living, office & recreation space with separate entrances.A detached carriage house further sets this property apart, offering hardwood floors, granite kitchen with upgraded appliances, 1.5 baths, additional finished space & its own garages. Throughout the property, numerous flexible-use rooms provide options for additional sleeping areas, guest accommodations, home offices, recreation, extended family or other lifestyle needs.With 5+ private acres, extensive garage & parking capacity, irrigation and remarkable flexibility, 31 Cedar presents a rare opportunity to own a property of this caliber and scale in North Reading. Move right in, make it your own & enjoy an estate that would be difficult to replicate today—all convenient to Boston, major routes & area amenities. Buyer/agent to perform due diligence regarding accessory spaces & permitted uses. Seller reserves the right to accept an offer at any time. Agent related to Seller *Some photos virtually staged using AI.*

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$246/sqft
Local Avg (North Reading)$395/sqft
38% BelowMarket Average

* Analysis is based on 22 actively listed and recently sold comparable properties strictly within North Reading, MA.

Property Details

Financials

Original Price$2,199,000
Annual Taxes$23,987

Parking

Garage6
Off-Street26

Interior Specifications

Total Rooms21
Fireplaces4
FlooringWood, Tile
BasementFull, Finished, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingCentral, Propane
CoolingCentral Air
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame, Brick
RoofShingle
FoundationConcrete Perimeter
ZoningRA

Property & Lot

Acres5.25
SqFt Lot228,690
Lot FeaturesWooded, Cleared, Gentle Sloping, Level

Amenities & Appliances

Water Heater • Range • Dishwasher • Trash Compactor • Microwave • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Property History

Price Drop
$1,999,999

Was $2,198,999

Aug 24, 2026

MLS® 73551891

Price Drop
$2,198,999

Was $2,199,000

Jul 31, 2026

MLS® 73551891

Listed
$2,199,000

Jul 18, 2026

MLS® 73551891

Population

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

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '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 8,138 sq ft principal dwelling). Lot size: 228,690 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.

Listing Provided By

Listing Agent: Lauren Boccelli

Listing Office: Century 21 North East

MLS® Number: 73551891

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