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INVESTMENT SNAPSHOT
About this property
Set on 2.3 secluded wooded acres, this custom-built contemporary multi-family home combines modern comfort with a peaceful natural setting. Located just moments from the scenic River Road trails and Merrimack River views. The main unit features an open-concept floor plan with hardwood floors, abundant natural light, and an adjacent deck overlooking the peaceful wooded setting, creating an inviting space for everyday living and entertaining. The second unit provides the convenience of one-floor living with a spacious open-concept layout designed for both comfort and functionality. Additional highlights include a three-car garage and flexible living arrangements ideal for multi-generational living, rental opportunities, or investment potential. The current tenant in the apartment is a tenant at will. You’ll find Way to the River Rd. to be one of the loveliest streets in town.
Property details
| Units | 2 |
| Living area | 3,485 sqft |
| Lot size | 102,802 sqft |
| Year built | 1981 |
| Price / sqft | $341 |
| County | Essex |
| MLS # | 73519383 |
Listing status
| Days on market | 21 days |
| Listed on | May 14, 2026 |
Taxes & financials
| Annual property tax | $10,509 |
| Tax year | 2025 |
| Assessed value | $973,100 |
| Zoning | RB |
| Gross income (actual) | $28,800/yr |
| Net operating income (actual) | $28,800/yr |
| Total actual rent | $2,400/mo |
Building & lot
| Stories | 4 |
| Total rooms | 12 |
| Lot size | 2.36 acres |
| Garage spaces | 3 |
| Parking spaces | 11 |
| Parking | Off Street, Stone/Gravel |
| Basement | Full, Interior Entry, Concrete, Unfinished |
| Foundation | Concrete Perimeter |
| Roof | Shingle |
| Construction | Frame, Post & Beam |
| Flooring | Wood, Tile, Carpet, Hardwood, Stone/Ceramic Tile |
Utilities & systems
| Heating | Central, Baseboard, Wood Stove, Unit Control |
| Cooling | Wall Unit(s), Multi Units |
| Sewer | Private Sewer |
| Water | Private |
| Utilities | for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup |
| Appliances | Oven, Range, Refrigerator, Washer, Dryer, Dishwasher |
Location
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Listing courtesy of Coldwell Banker Realty — Jim Bragg. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 38 Way To The River Rd, West Newbury MA 01985 have?
It is a 2-unit multi-family property with 3,485 sqft of living area, built in 1981.
How long has 38 Way To The River Rd, West Newbury MA 01985 been on the market?
38 Way To The River Rd, West Newbury MA 01985 has been listed for 21 days (since May 14, 2026).
What is the price per unit?
At a list price of $1,189,000 across 2 units, that works out to roughly $594,500 per unit.
What are the property taxes on 38 Way To The River Rd, West Newbury MA 01985?
Annual property taxes are $10,509 (2025), on an assessed value of $973,100.
What is the price per square foot?
At $1,189,000 for 3,485 sqft, that's about $341 per square foot.
Is there parking?
3 garage spaces and 11 total parking spaces (off street, stone/gravel).
Where is this property located?
38 Way To The River Rd, West Newbury MA 01985 is in West Newbury, Essex County, MA 01985.