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  3. Ipswich, MA
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  5. 400 Colonial Dr
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400 Colonial Dr

400 Colonial Dr, Ipswich, MA, 01938
River Ridge Condominiums

YEAR BUILT

1984

# STORIES

1

# TOTAL UNITS

46

UNIT SIZE RANGE

696-1,569 sqft

Description

400 Colonial Dr is located in Ipswich, Massachusetts, near the intersection of Ferry Road and Ashland Street. The nearby Atlantic Ocean adds a scenic touch to the area. This building stands as a low-rise property with just 1 story and houses 46 condominium units, built in 1984. The units range from 696 to 1,569 square feet. They offer options of 1 or 2 bedrooms, making them suitable for various needs. Prices for the units fall between $399,000 and $416,000. The average price per square foot has been around $454, showing a solid market value in the area. Past sales show that the lowest sold price recently was about $365,000. The average closed price for the last year reached approximately $431,250. Units typically spend around 56 days on the market before selling. This suggests a steady interest in the properties, likely due to the appealing location and amenities. The building provides many amenities that cater to an active lifestyle. Residents can enjoy facilities like a swimming pool, clubhouse, tennis courts, and a sauna. The nearby parks and bike paths promote outdoor activities. The adult community atmosphere enhances leisure options and socializing opportunities. Access to public transportation and highways connects residents easily to larger areas. Dining options nearby include Clamhouse Restaurant and Spice Thai Kitchen, among others. The area features scenic trails, parks, and conservation areas, adding recreational choices for residents. Pet lovers can feel welcome here, as pets are allowed with association approval. Overall, this location combines leisure, convenience, and community, making it a notable option for prospective buyers.

Building ImageMLS ID #73324020
Building ImageView Listing

400 Colonial Dr

400 Colonial Dr, Ipswich, MA, 01938


River Ridge Condominiums

YEAR BUILT

1984

# STORIES

1

# TOTAL UNITS

46

UNIT SIZE RANGE

696-1,569 sqft

Description

400 Colonial Dr is located in Ipswich, Massachusetts, near the intersection of Ferry Road and Ashland Street. The nearby Atlantic Ocean adds a scenic touch to the area. This building stands as a low-rise property with just 1 story and houses 46 condominium units, built in 1984. The units range from 696 to 1,569 square feet. They offer options of 1 or 2 bedrooms, making them suitable for various needs. Prices for the units fall between $399,000 and $416,000. The average price per square foot has been around $454, showing a solid market value in the area. Past sales show that the lowest sold price recently was about $365,000. The average closed price for the last year reached approximately $431,250. Units typically spend around 56 days on the market before selling. This suggests a steady interest in the properties, likely due to the appealing location and amenities. The building provides many amenities that cater to an active lifestyle. Residents can enjoy facilities like a swimming pool, clubhouse, tennis courts, and a sauna. The nearby parks and bike paths promote outdoor activities. The adult community atmosphere enhances leisure options and socializing opportunities. Access to public transportation and highways connects residents easily to larger areas. Dining options nearby include Clamhouse Restaurant and Spice Thai Kitchen, among others. The area features scenic trails, parks, and conservation areas, adding recreational choices for residents. Pet lovers can feel welcome here, as pets are allowed with association approval. Overall, this location combines leisure, convenience, and community, making it a notable option for prospective buyers.

Next

Description

400 Colonial Dr is located in Ipswich, Massachusetts, near the intersection of Ferry Road and Ashland Street. The nearby Atlantic Ocean adds a scenic touch to the area. This building stands as a low-rise property with just 1 story and houses 46 condominium units, built in 1984. The units range from 696 to 1,569 square feet. They offer options of 1 or 2 bedrooms, making them suitable for various needs. Prices for the units fall between $399,000 and $416,000. The average price per square foot has been around $454, showing a solid market value in the area. Past sales show that the lowest sold price recently was about $365,000. The average closed price for the last year reached approximately $431,250. Units typically spend around 56 days on the market before selling. This suggests a steady interest in the properties, likely due to the appealing location and amenities. The building provides many amenities that cater to an active lifestyle. Residents can enjoy facilities like a swimming pool, clubhouse, tennis courts, and a sauna. The nearby parks and bike paths promote outdoor activities. The adult community atmosphere enhances leisure options and socializing opportunities. Access to public transportation and highways connects residents easily to larger areas. Dining options nearby include Clamhouse Restaurant and Spice Thai Kitchen, among others. The area features scenic trails, parks, and conservation areas, adding recreational choices for residents. Pet lovers can feel welcome here, as pets are allowed with association approval. Overall, this location combines leisure, convenience, and community, making it a notable option for prospective buyers.

400 Colonial Dr Key Stats Last 12 months

Avg. Listed Price$376,500($401/Sqft.)

Avg. Sale Price$431,250($454/Sqft.)
Year over year list priceUp Arrow10.74%

Year over year sale priceUp Arrow 26.84%
Total Listings2 Listed

Total sold2 Sold
Average Days on Market56 days

Average HOA fees per sqft$3 /monthly
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Key Stats

Year over year list priceUp Arrow10.74%

Year over year sale priceUp Arrow26.84%
Total Listings2 Listed

Total sold2 Sold
Average Days on Market56 days

Average HOA fees per sqft$3 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Medium
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

400 Colonial Dr Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 4343122122742025-06-09
MLS#: 73351114
Closed$497,500
Unit 6464139722372023-02-24
MLS#: 73071637
Closed$399,000
Unit 1414145622332022-08-29
MLS#: 73017581
Closed$395,000
Unit 14
14

2 Beds

2 Baths

1456 sqft


DateStatusPrice
2022-08-29Closed$395,000
MLS#: 73017581
Days On Market33
Unit 43
43

2 Beds

2 Baths

1221 sqft


DateStatusPrice
2025-06-09Closed$497,500
MLS#: 73351114
Days On Market74
Unit 64
64

2 Beds

2 Baths

1397 sqft


DateStatusPrice
2023-02-24Closed$399,000
MLS#: 73071637
Days On Market37
View Complete Unit Listing HistorySource By: MLSPIN

Amenities

When it comes to amenities, River Ridge doesn’t hold back! Residents can enjoy everything from tennis courts and a refreshing pool to recreational facilities that include a sauna and clubhouse. For outdoor enthusiasts, the bike path, conservation area, and proximity to beach rights will surely be a highlight. The building also boasts convenient features like an elevator and laundry facilities, ensuring day-to-day living runs smoothly. Plus, with easy access to public transportation, getting around is a breeze!

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Amenities Description

When it comes to amenities, River Ridge doesn’t hold back! Residents can enjoy everything from tennis courts and a refreshing pool to recreational facilities that include a sauna and clubhouse. For outdoor enthusiasts, the bike path, conservation area, and proximity to beach rights will surely be a highlight. The building also boasts convenient features like an elevator and laundry facilities, ensuring day-to-day living runs smoothly. Plus, with easy access to public transportation, getting around is a breeze!

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Pool

Pool

Security System

Security System

Laundry

Laundry

Tennis Court(s)

Tennis Court(s)

Clubhouse

Clubhouse

Storage

Storage

Balcony

Balcony

Policies

As you consider making River Ridge your new home, it's good to note some building policies. While restrictions do apply, living here means embracing a sense of community that fosters exclusivity. It’s a space designed to make life easier, encouraging a relaxed lifestyle filled with social interaction.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
400 Colonial Dr$454/sqft.$3 /sqft.
401 Colonial Dr$304/sqft.$4 /sqft.
River Ridge Condominiums$454/sqft.$3 /sqft.
River Ridge Condominiums$350/sqft.$4 /sqft.
500 Colonial Dr$365/sqft.$3 /sqft.
500 Colonial$365/sqft.$3 /sqft.

Nearby Schools

400 Colonial Dr is positioned near local schools serving the surrounding area. Educational institutions within a 2-mile radius improve daily accessibility. Families benefit from shorter commutes and convenience. This well-located area supports comfortable living.

Winthrop

A
Public|Grades PK–5
65 Central St|0.86 miles away

Ipswich Middle School

B
Public|Grades 6–8
130 High St|1.22 miles away

Ipswich High School

B+
Public|Grades 9–12
134 High St|1.22 miles away

Cuvilly Arts & Earth Center

--
Private|Grades PK–KG
10 Jeffreys Neck R...|1.49 miles away
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Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

400 Colonial Dr is positioned near local schools serving the surrounding area. Educational institutions within a 2-mile radius improve daily accessibility. Families benefit from shorter commutes and convenience. This well-located area supports comfortable living.

Winthrop

A
Public|Grades PK–5
65 Central St|Less than 1 Mile Away

Ipswich Middle School

B
Public|Grades 6–8
130 High St|1.22 Miles Away

Ipswich High School

B+
Public|Grades 9–12
134 High St|1.22 Miles Away

Cuvilly Arts & Earth Center

--
Private|Grades PK–KG
10 Jeffreys Neck R...|1.49 Miles Away

Transit

400 Colonial Dr benefits from a network of nearby public transportation options within a 2-mile radius. Access to Bus, Rail ensures convenient travel to employment hubs and local destinations. Strong transit connectivity reduces travel time and improves daily convenience. A transit-friendly location adds value for residents and visitors alike.

Commuter Rail Station - Ipswich

0.5 miles away|10 min walk

Hall-Haskell House - Visitors Center

0.67 miles away|13 min walk

Ipswich

0.49 miles away|10 min walk

Ipswich - Saltonstall St @ Market St

0.56 miles away|11 min walk

Wolf Hollow

1.94 miles away|38 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

400 Colonial Dr benefits from a network of nearby public transportation options within a 2-mile radius. Access to Bus, Rail ensures convenient travel to employment hubs and local destinations. Strong transit connectivity reduces travel time and improves daily convenience. A transit-friendly location adds value for residents and visitors alike.

Commuter Rail Station - Ipswich

0.5 miles away|10 min walk

Hall-Haskell House - Visitors Center

0.67 miles away|13 min walk

Ipswich

0.49 miles away|10 min walk

Ipswich - Saltonstall St @ Market St

0.56 miles away|11 min walk

Wolf Hollow

1.94 miles away|38 min walk

The Neighbourhood: 400 Colonial Dr

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400 Colonial Dr Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 14.77% are children aged 0–14, 13.49% are young adults between 15–29, 21.26% are adults aged 30–44, 28.61% are in the 45–59 range and 21.87% are seniors aged 60 and above. Commuting options are also varying where 77.48% of residents relying on driving, while others prefer public transit around 4.04%, walking around 6.77%, biking around 0.14%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 58.33% of units owner occupied and 41.67% are rented. The neighborhood offers different household types. About 25.96% are single family homes and 5.43% are multi family units. Around 43.27% are single-person households, while 56.73% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 33.27% of residents have bachelor’s degrees. Around 24.55% have high school or college education. Another 7.19% hold diplomas while 18.63% have completed postgraduate studies. The remaining are 16.36% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 14.77% are children aged 0–14, 13.49% are young adults between 15–29, 21.26% are adults aged 30–44, 28.61% are in the 45–59 range and 21.87% are seniors aged 60 and above. Commuting options are also varying where 77.48% of residents relying on driving, while others prefer public transit around 4.04%, walking around 6.77%, biking around 0.14%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 58.33% of units owner occupied and 41.67% are rented. The neighborhood offers different household types. About 25.96% are single family homes and 5.43% are multi family units. Around 43.27% are single-person households, while 56.73% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 33.27% of residents have bachelor’s degrees. Around 24.55% have high school or college education. Another 7.19% hold diplomas while 18.63% have completed postgraduate studies. The remaining are 16.36% with other types of qualifications.

Age Demographics

0–14 Years

14.77%

15–29 Years

13.49%

30–44 Years

21.26%

45–59 Years

28.61%

60+ Years

21.87%

Commute

4.04%

Transit

6.77%

Walk

77.48%

Drive

0.14%

Bike

Housing Ownership

58.33%

Owner Occupied

41.67%

Rental Units

Household Types

Single Family
25.96%
Multi Family
5.43%
Single Person
43.27%
Multi Person
56.73%

Average Income

Household:$7,835,844.23 /yr

Individual:$5,259,238.8 /yr

Education

Bachelors Degree33.27%
High School College24.55%
Diploma7.19%
Post Graduate18.63%
Others16.36%
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Education

Diploma7.19%
Post Graduate18.63%
Others16.36%
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    400 Colonial Dr
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