40 Elm Street, North Reading MA 01864

North Reading, MA 01864
$1,799,900
Est. $9,904/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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4
Beds
5.5
Baths
4,400
Sq Ft
$409
Price/Sq Ft
1.09
Acres
2026
Year Built
2
Garage Spaces
New today
Time on Market
For Sale Open House Listed Oct 21, 2026 • MLS# 73593812 Copied! • Updated Oct 21, 2026

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Open House Schedule

25
Oct
Sunday, October 25
11:00 AM - 12:30 PM EDT

About this home

A residence worthy of royalty, this NEW CONSTRUCTION masterpiece, in the highly sought after BATCHELDER SCHOOL DISTRICT, offers unparalleled elegance and comfort. Four LAVISH EN-SUITE BEDROOMS WITH SPA LIKE BATHS—three with walk-in closets and one with a full-wall double closet—provide private retreats for all. The COFFERED CEILING living room exudes sophistication, leading to a grand TWO-STORY KITCHEN adorned with an abundance of custom cabinetry and TOP-TEIR APPLIANCES. Six luxurious bathrooms, TWO LAUNDRY ROOMS, and a refined HOME OFFICE elevate everyday living. An open loft with GLASS RAILINGS overlooks the stunning main level, while the walk-out basement with FLOOR-TO-CEILING WINDOWS immerses you in serene green vistas. STONEWALLS AND PATIO. A circular driveway plus an additional driveway ensures ample parking, complemented by 2-CAR GARAGE with effortless first-level entry. This is not just a home—it’s a statement of prestige.

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 22, 2026
$1,799,900
Original listing
Agent: Laurie Cappuccio Office: Classified Realty Group

Tax History

Year Taxes Assessment
2022 $7,238 $482,500

Financial Details

Annual Property Tax
$7,238
Tax Year 2022
Assessed Value
$482,500

Facts & Features

2 Car Garage
Central AC
New Construction

Home Facts

Type Residential
Style Single Family Residence
Year Built 2026
Living Area 4,400 sq ft
Lot Size 1.09 acres
Bedrooms 4
Full Baths 5
Half Baths 1
Total Rooms 13

Interior

Heating Baseboard, Natural Gas
Cooling Central Air
Flooring Tile, Marble, Hardwood, Laminate, Flooring - Hardwood
Appliances Tankless Water Heater, Range, Oven, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Range Hood
Fireplace Living Room
Fireplaces 1
Basement Full, Finished, Walk-out Access, Interior Entry
Laundry Dryer Hookup - Electric, Washer Hookup, Flooring - Stone/ceramic Tile, Gas Dryer Hookup, Sink, Second Floor
Features Closet/cabinets - Custom Built, Recessed Lighting, Open Floorplan, Bonus Room, Office, Loft, Wet Bar

Exterior

Construction Frame
Architecture Colonial, Contemporary
Roof Shingle, Metal
Features Porch, Deck - Composite, Patio, Rain Gutters, Professional Landscaping, Fenced Yard, Stone Wall
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Porch, Deck - Composite, Patio
Garage Spaces 2
Has Garage Yes
Features Attached, Garage Door Opener, Oversized, Paved Drive, Off Street, Driveway, Paved
Total Spaces 15
Electric None
Water Public
Sewer Private Sewer
Gas None
Other For Gas Range, Washer Hookup
Annual Tax $7,238
Assessed Value $482,500
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint None
Seller Disclosures Please Refer To Floor Plans For Additional Room Dimensions.
Possession None
Accepted Financing Contract
Structure Type []
House Color Taupe/Gray
Sq Ft Source Other
Sq Ft Disclosures All finished areas including a full walk out basement with full bath and additional laundry
Documents None
County Middlesex

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
2026
Bedrooms
4
Full Bathrooms
5
Half Bathrooms
1
Living Area
4,400 sq ft
Total Rooms
13
Main Level Bedrooms
1

Floor Layout

Interior Features

Flooring: Tile, Marble, Hardwood, Laminate, Flooring - Hardwood
Appliances: Tankless Water Heater, Range, Oven, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Range Hood
Interior Features: Closet/Cabinets - Custom Built, Recessed Lighting, Open Floorplan, Bonus Room, Office, Loft, Wet Bar
Windows: Window(s) - Bay/Bow/Box, Insulated Windows
Basement: Full, Finished, Walk-Out Access, Interior Entry
Laundry: Dryer Hookup - Electric, Washer Hookup, Flooring - Stone/Ceramic Tile, Gas Dryer Hookup, Sink, Second Floor
Security:

Construction & Materials

Style: Colonial, Contemporary
Year Built: 2026
Structure Type:
Exterior Materials: Frame
Roof: Shingle, Metal
Foundation: Concrete Perimeter

Utilities & Systems

Heating: Baseboard, Natural Gas
Heating Zones: 3
Cooling: Central Air
Cooling Zones: 3
Hot Water:
Water Source: Public
Sewer: Private Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Porch, Deck - Composite, Patio, Rain Gutters, Professional Landscaping, Fenced Yard, Stone Wall
Patio & Porch: Porch, Deck - Composite, Patio
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features: Wooded, Level
Road Surface: Paved

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 15
Parking Features: Attached, Garage Door Opener, Oversized, Paved Drive, Off Street, Driveway, Paved

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Shopping, Pool, Park, Walk/Jog Trails, Golf, Conservation Area, House of Worship, Public School
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
E

Elementary Schools

3 schools
B+
John E Burke School
1.1 mi | #304 of 825 | Score: 50.7
Improved 233 spots from last year
-7.5 below state avg
295 students Moderate
Rising School
Grades K-05
Fuller Meadow School
1.5 mi
231 students Moderate
Strong Attendance
Grades K-02
F
Peabody Personalized Remote Education Program (Peabody P.R.E.P.)
1.7 mi | #345 of 346 | Score: 14.4
Improved 33 spots from last year
-43.8 below state avg
117 students Diverse
Rising School Diverse Student Body
Grades K-12
M

Middle Schools

3 schools
A+
North Reading Middle School
2.4 mi | #33 of 352 | Score: 59.9
Dropped 4 spots from last year
+1.7 above state avg
527 students Less Diverse
Strong Attendance
Grades 06-08
A
Lynnfield Middle School
2.8 mi | #59 of 352 | Score: 55.5
Improved 33 spots from last year
-2.7 below state avg
710 students Moderate
Rising School Strong Attendance
Grades 05-08
A
Arthur W Coolidge Middle School
4.5 mi | #43 of 352 | Score: 58.3
Improved 32 spots from last year
+0.1 above state avg
417 students Moderate
Rising School Strong Attendance
Grades 06-08
H

High Schools

3 schools
A+
North Reading High School
2.4 mi | #34 of 346 | Score: 70.2
Dropped 7 spots from last year
+12 above state avg
640 students Less Diverse
21 sports • 1,615 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
A
Lynnfield High School
2.5 mi | #56 of 346 | Score: 66.4
Dropped 35 spots from last year
+8.2 above state avg
582 students Moderate
18 sports • 1,490 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
Northeast Behavioral Health
3.2 mi
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $603
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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Payment Over Time

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Year 1
95% Interest
Year 15
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Year 30
95% Principal
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Location

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Neighborhood

40 Elm Street, North Reading MA 01864

North Reading, MA 01864

Listing Information

Listing Agent Laurie Cappuccio
Listing Office Classified Realty Group
Office Phone 978-664-0075
Agent MLS ID BB922192
Office MLS ID B95141
Listing Data Updated Oct 21, 2026 10:11 PM 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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