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38 Way To The River Rd, West Newbury, MA, 01985

5beds
4baths
3,485sqft
$1,129,000
$324price/sqft
$7,711/moest. monthly cost
$308,440/yrincome needed

About This Home

This is a legal 2 family home, also refer to MLS listing # 73519383. There are 4 bedrooms, and 3 baths in the main house, and 1 bedroom, 1bath in the apartment., Set on 2.3 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 tranquil 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 opportunity, or investment potential. Current tenant in apt. is a tenant at will. You’ll find Way to the River Rd. to be one of the loveliest streets in town.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

9/10
Dr John C Page SchoolGrades PK-60.7 mi

Construction

Condition

  • Year built: 1981

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Frame,Post & Beam

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Water Heater,Oven,Dishwasher,Range,Refrigerator,Washer,Dryer
  • Laundry features: Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Concrete

Bathroom1

  • Features: Bathroom - With Tub & Shower
  • Level: Second
  • Area: 60

Bathroom2

  • Features: Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
  • Level: Second
  • Area: 72

Bathroom3

  • Features: Bathroom - With Tub & Shower, Skylight
  • Level: Third
  • Area: 55

Bedroom2

  • Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
  • Level: Second
  • Area: 130

Bedroom3

  • Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
  • Level: Second
  • Area: 135

Bedroom4

  • Features: Skylight, Flooring - Wall to Wall Carpet
  • Level: Third
  • Area: 180

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Dining Room

  • Features: Flooring - Hardwood, Deck - Exterior, Exterior Access, Open Floorplan, Slider
  • Level: First
  • Area: 208

Features

  • Accessory Apt.
  • Door features: Storm Door(s)
  • Window features: Insulated Windows,Storm Window(s)
  • Flooring: Wood,Tile,Carpet
  • Finished area above ground: 3,485

Heating & Cooling

  • Heating features: Baseboard,Oil,Wood Stove
  • Cooling features: Wall Unit(s),Ductless

Interior Area

  • Total structure area: 3,485
  • Total interior livable area: 3,485 sqft

Kitchen

  • Features: Flooring - Hardwood, Breakfast Bar / Nook
  • Level: First
  • Area: 168

Living Room

  • Features: Skylight, Ceiling Fan(s), Flooring - Hardwood
  • Level: First
  • Area: 342

Master Bathroom

  • Features: Yes

Master Bedroom

  • Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
  • Level: Second
  • Area: 288

Property

Details

  • Parcel number: M:025.0 B:0000 L:0017.A,2178969
  • Zoning: RB

Features

  • Levels: Multi/Split
  • Patio & porch: Deck,Patio
  • Exterior features: Deck,Patio
  • Has view: Yes
  • View description: Water,River
  • Has water view: Yes
  • Water view: River,Water

Lot

  • Lot size: 2.36 Acres
  • Features: Wooded,Level

Parking

  • Total spaces: 11
  • Parking features: Under,Garage Door Opener,Garage Faces Side,Off Street,Stone/Gravel
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Uncovered spaces: 8

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Ice Storm
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,708$68,496
Home Insurance *$311$3,732
Property Taxes $1,005$12,060
Electricity $687$8,246
Total$7,711$92,532
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$264,377/yr
40% on housing$231,330/yr
45% on housing$205,626/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$324This listing

vs Other Active Listings

Avg $/sqft

ZIP 01985$385
Essex County$385

vs Homes Sold Last Month

Median $/sqft

ZIP 01985$365
Essex County$387

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-10Price change$1,129,000
2026-05-14Listed for sale$1,189,000
2024-05-20Listing removed--
2024-04-13Listed for rent$2,400

For Sale by Agent

AgentJim Bragg
BrokerageColdwell Banker Realty

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