Active
1 Days on market
12 Peabody Street North Reading — Photo 1 of 35

12 Peabody Street North Reading — Photo 1 of 35

$799,900

12 Peabody Street, North Reading, MA 01864

North Reading, MA 01864 — Close to the Town Center!

Investor Analysis

Beds

3

Baths

1

SqFt

1,357

Style

Single Family

Built

1867

Life is Good! And it’s even better in this beautifully transformed 1867 New England Colonial, where historic character meets a fresh farmhouse vibe. Turnkey and wonderfully located just a short stroll from the North Reading Town Common, library, and schools, this warm and inviting home is full of charm, comfort, and possibilities. The thoughtfully renovated interior offers the best of both worlds—open-concept spaces for gathering plus private rooms for work and relaxation. A heated sunroom welcomes you in, while the comfortable living room and front-to-back dining room and kitchen create a natural flow for everyday living and entertaining. Upstairs, the spacious primary bedroom features vaulted ceilings and two oversized closets, joined by two additional bedrooms. Numerous major updates in recent years include siding, shingles, windows and doors, kitchen countertops and backsplash, an updated bath, and a newer boiler with tankless hot water. Freshly painted inside and out, the home is truly move-in ready. Outside, enjoy wonderful spaces for relaxing, gardening, hobbies, or entertaining, including a charming 10x10 “she shed” or “man cave.” And then there’s the 1910 three-story detached barn—a rare and exciting opportunity just waiting for your vision, whether for storage, studio space, workshop, or potential future conversion. A special property with history, updates, character, and tremendous potential—right in the heart of North Reading!

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$589/sqft
Local Avg (North Reading)$380/sqft
55% AboveMarket Average

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within North Reading, MA.

Property Details

Financials

Original Price$799,900
Annual Taxes$7,391

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms7
FireplacesNone
Flooring--
BasementFull, Sump Pump, Unfinished

Climate & Utilities

HeatingBaseboard, Oil
CoolingNone
WaterPublic
SewerPrivate Sewer

Building & Exterior

Construction--
Roof--
FoundationStone
ZoningRB

Property & Lot

Acres0.42
SqFt Lot18,295
Lot FeaturesCorner Lot

Neighborhood

Tennis Court(s) • Park • Golf • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 1
First
Living RoomDining RoomKitchen
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Master Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bathroom 1
Lvl Second

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: 679 sq ft (the lesser of 900 sq ft or half the 1,357 sq ft principal dwelling). Lot size: 18,295 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: Lisa Santilli

Listing Office: Classified Realty Group

MLS® Number: 73576151

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