7 Gowing Ln Lot 1, 2, 3, North Reading MA 01864
North Reading, MA 01864
$1,850,000
Est. $10,429/month
About this home
EXCEPTIONAL DEVELOPMENT OPPORTUNITY: NORTH READING. A rare chance to acquire a 3-lot subdivision in one of North Reading’s most desirable areas. This unique offering includes: One lot with an existing single-family home and barn plus two additional buildable lots, each over 1 acre. Perc tests and engineering completed. Recorded ANR, and ANR with approved road and water improvements in attachments. Ideal for builders, investors, or those seeking a multi-home compound. Enjoy a private setting with convenient access to schools, shopping, and major commuter routes. Don’t miss this opportunity to build in a sought-after community with strong market demand and excellent growth potential.
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Pending Sale
Nov 24, 2025
Offer accepted, sale pending
Listed for Sale
Oct 15, 2025
$1,850,000
Original listing
Agent: Theresa Colarusso
Office: Coldwell Banker Realty - Andovers/Readings Regional
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 11/24/2025 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 10/15/2025 | 🏠 Listed for Sale | $1,850,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $10,490 | $803,200 |
Financial Details
Annual Property Tax
$10,490
Tax Year 2025
Assessed Value
$803,200
Facts & Features
Home Facts
Type
Land
Style
Residential
Lot Size
3.68 acres
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Utilities
Electric
At Street
Water
Public
Sewer
Private Sewer, Perc Test On File
Gas
At Street
Other
None
Financial
Annual Tax
$10,490
Assessed Value
$803,200
MA Disclosures
Seller Disclosures
House/barn On Lot 1 Sold In As-is Condition. Sellers Have Not Lived In House. Anr Documentation For Lot Division In Attachments. Septic Certificate Of Compliance For Lot 1 Attached.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
Perc Test, Soil Survey, Aerial Photo (3)
County
Middlesex
Total market time (incl. prior listings)
55 days
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, Perc Test On File
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Level, Wooded, Lot Staked
Road Surface:
Parking & Garage
Parking Features:
Shared Driveway
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
0.3 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
1.3 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
0.4 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
0.4 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
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Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$874
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
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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
7 Gowing Ln Lot 1, 2, 3, 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
Jan 23, 2026 1:34 PM EST
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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