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Residential Land with Home for Sale in Reading, Massachusetts

246 Walnut St, Reading, MA 01867

$899,000
2 acres
Active
$99k drop
Est $5,146/mo

Developer Alert - 2 Approved Buildable Lots in Prime Reading Location! While there is an existing single-family home on-site, the true value lies in the land. Builders & developers--capitalize on this rare opportunity in high-demand Reading. This offering includes two fully buildable lots with approved site plans and modification approvals for overhead utilities, berm, and a 16' privacy fence: Lot 1: 27,895 sq. ft. and Lot 2: 20,058 sq. ft. Approved for a 4,500 sq. ft. home on each lot, with potential to build up to 5,500 sq. ft. including finished basement. All major approvals in place: Approved subdivision & site plans; Decision of Approvals & Order of Condition; Utility access (electric, public water/sewer at street). Exceptional location - Minutes to downtown Reading, commuter rail, and I-93. Documentation available upon request: Site plans, layouts, permits & building plans and more!

1,584
Sq feet
3
Beds
1
Full bath
1961
Built

Location

Street address
246 Walnut St
Elevation
118 feet
Coordinates
42.5036, -71.1167

Directions

South Street to Walnut

Property details

Acreage
2.02 acres
Zoning
S20
MLS #
MLSPIN 73407978
Posted

Property taxes

2025
$8,899

Parcels

  • 730138
  • M:003.000000019.0

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
RE/MAX International

Exterior

Parking Spaces
20

Structure

Heating
Fireplace(s)

Interior

Room Count
7
Rooms
Bathroom, Bedroom x 3

Listing history

DateEventPriceChangeSource
Sept 26, 2025Price drop$899,000$99,000 -9.9%MLSPIN
July 22, 2025New listing$998,000MLSPIN
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This 2.02-acre property is located at 246 Walnut St in Reading, MA 01867. The property is available for sale for $899,000. It has a 1,584 sq ft 3 bedroom, 1 bath house built in 1961.

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