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$1,800,000

389 Summer Ave Reading, MA 01867

5 beds
4 full, 1 partial
5,043 sqft
0.8 acres
$357 / sqft
House

Property details

About 389 Summer Ave

2nd Chance!! BUYERS GOT COLD FEET! NO INSPECTION! This WEST SIDE stunner offers over 5,000 sq ft of luxury & the ultimate backyard experience. IT'S NOT JUST A HOME, ITS A YEAR ROUND VACATION! Enjoy a sparkling HEATED INGROUND POOL, FULL OUTDOOR CHEFS KITCHEN nestled under a grand rotunda! The fully covered outdoor living space with island, skylights, and plenty of room to relax or entertain awaits. It overlooks a beautifully manicured lawn, w/irrigation.. Inside, you will find 5 spacious bedrooms, 5 baths, multiple flexible living areas, a home office, w/custom builtins. LAUNDRY HAS ITS' OWN ROOM! A lower level kitchenette w/IN-LAW potential, as well as a HOME THEATRE, & BILLIARD ROOM—perfect for everyday living and unforgettable gatherings. Located nearby Joshua Eaton Elementary school and just minutes from commuter routes and the train, this one-of-a-kind property brings resort-style living to the heart of Reading. Don’t miss your chance to own this one of a kind dream home!

Highlights

Home typeSingle Family Residence
HeatingBaseboard, Natural Gas
StatusActive
CoolingCentral Air
Size5,043 sqft
BasementYes
Lot size0.81 Acres
Year built1998
ParkingAttached, Paved Drive, Shared Driveway, Off Street, Driveway, Paved
MLS #73392906
Attached garage2 spaces
FireplaceLiving Room
Private poolYes

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Disposal, Microwave
  • Basement: Yes
  • Flooring Type: Wood, Tile, Carpet, Flooring - Stone/Ceramic Tile, Flooring - Hardwood, Flooring - Wall to Wall Carpet
  • Interior: Bathroom - Half, Bathroom - With Shower Stall, Closet/Cabinets - Custom Built, Recessed Lighting, Cable Hookup, Wainscoting, Bathroom, Office, Media Room, Sitting Room, Game Room, Central Vacuum
  • Fireplace: Living Room
  • Total Bedroom Count: 5
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Private Pool: Yes
  • Parking: Attached, Paved Drive, Shared Driveway, Off Street, Driveway, Paved
  • Exterior: Porch, Patio, Covered Patio/Deck, Pool - Inground, Pool - Inground Heated, Rain Gutters, Storage, Professional Landscaping, Sprinkler System, Decorative Lighting, Fenced Yard, Other
  • Architectural Style: Colonial
  • Heating: Baseboard, Natural Gas
  • Cooling: Central Air
  • List Price: $1,800,000
  • Price/SqFt: $356
  • Annual Tax Amount: $20,832
  • Tax Year: 2024
  • Lot: Easement
  • Directions: Main Street to Summer (House is set back up off of road)
  • Year Built: 1998
  • Living Area: 5,043 SqFt
  • Lot Size: 0.81 Acres
  • MLS Number: 73392906
  • MLS Name: MLS Property Information Network
  • Office Name: Classified Realty Group
  • Office Phone: (781) 944-1901
  • Listing Agent: Katie Varney

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 2:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Aug 01, 2019
Home Sold
$1,480,000
Jul 02, 1998
Home Sold
$399,900

Tax history

YearAssessmentProperty Tax
2024$1,777,500$20,832
2023$1,603,700$20,191
2022$1,458,800$19,446
2021$1,418,900$19,595
2020$1,046,500$14,599
2019$997,300$14,192

History based on county public records data.

Nearby schools

8

Joshua Eaton Elementary School

Public District KG-5

0.1 mi

365 Summer Ave

8

Alice M. Barrows Elementary School

Public District KG-5

0.9 mi

16 Edgemont Ave

10

Walton Elementary School

Public District KG-4

1.3 mi

18 Davidson Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $108,209. The most common annual income of people living in Reading, MA is between $100k-200k. The majority of families are married, with kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

13%
<35k
33%
35k-100k
34%
100k-200k
20%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

17%
Single, No Kids
4%
Single, with Kids
39%
Married, No Kids
40%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
12%
12-17 yrs old
12%
18-34 yrs old
46%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis
  • TennisTennis

Where do the neighbors shop?

  • NordstromNordstrom
  • BloomingdalesBloomingdales
  • Brooks BrothersBrooks Brothers

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill
  • QdobaQdoba

What do the neighbors drive?

  • BMWBMW
  • LexusLexus
  • AcuraAcura

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • NewsNews
  • SportsSports
All data provided by Home Junction and Claritas

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Frequently asked questions

About 389 Summer Ave

The listing price of 389 Summer Ave property is $1,800,000.

The property 389 Summer Ave is a house located in Reading, Massachusetts, 01867.

Active Listing: 389 Summer Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 389 Summer Ave are: Joshua Eaton Elementary School (GreatSchools Rating 8/10), Alice M. Barrows Elementary School (GreatSchools Rating 8/10), Walton Elementary School (GreatSchools Rating 10/10), Walter S. Parker Middle School (GreatSchools Rating 5/10), Arthur W. Coolidge Middle School (GreatSchools Rating 7/10), Central Middle School (GreatSchools Rating 6/10), Reading Memorial High School (GreatSchools Rating 8/10), Woburn Memorial High School (GreatSchools Rating 5/10), Stoneham High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $20,832 (source: MLS/based on county public records data).

The last sale was on August 1, 2019 for $1,480,000 (source: MLS/tax record).

The property at 389 Summer Ave has 5 bedrooms and 4 full and 1 half bathrooms.

The property 389 Summer Ave is 5,043 SqFt (source: MLS/tax record).

The year of construction for 389 Summer Ave is 1998.

This home is located at 389 Summer Ave in Reading, MA and zip code 01867. This 5,043 square foot home, which was built in 1998, sits on a 0.81 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $1,800,000.

Over 21 listings were sold over their listed price in June 2025 in Reading, MA. In the same period over 6 listings were sold below the listed price and 0 listings were sold for the listed price. The inventory of homes for sale in Reading, MA between May and June 2025 decreased by 7.1%. In June 2025 median list price was $804,000 and the average listing age was 17 days.

From Rocket Homes Real Estate and based on county public records data.

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