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

31 Cedar St North Reading — Photo 1 of 42

Recent Drop: $199,000

$2,198,999
$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.*

Key facts

It was listed on July 18, 2026. The price has come down from an original $2,199,000 to $1,999,999 across 2 changes, most recently on August 23, 2026. The annual property taxes are $23,987 (2025 tax year). It sits on a 5.25-acre (228,690 sq ft) lot.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$246/sqft
Local Avg (North Reading)$392/sqft
37% BelowMarket Average

* Analysis is based on 23 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

Questions about this home

When was 31 Cedar St, North Reading listed?

31 Cedar St, North Reading was listed on July 18, 2026.

Has the price of 31 Cedar St, North Reading changed?

The price has come down from an original $2,199,000 to $1,999,999 across 2 changes, most recently on August 23, 2026.

What are the property taxes for 31 Cedar St, North Reading?

The annual property taxes for 31 Cedar St, North Reading are $23,987 (2025 tax year).

How big is the lot at 31 Cedar St, North Reading?

31 Cedar St, North Reading sits on a 5.25-acre (228,690 sq ft) lot.

What is the status of 31 Cedar St, North Reading?

31 Cedar St, North Reading is actively listed for sale.

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

2,698 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 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