Active
3 Days on market
514 Water St Wakefield — Photo 1 of 42

514 Water St Wakefield — Photo 1 of 42

$2,375,000

514 Water St, Wakefield, MA 01880

Wakefield, MA 01880

Beds

4

Baths

5

SqFt

6,211

Style

Single Family

Built

2024

Architecturally striking new construction defined by bold design, meticulous craftsmanship and a sophisticated modern aesthetic. This 4 bedroom, 5 bath home pairs dramatic architectural moments with exceptional attention to detail, including custom millwork and thoughtfully integrated accent lighting throughout. A two story foyer makes an immediate impression with a floating staircase and floor to ceiling windows. The matte black kitchen makes a bold statement with induction cooking, a substantial center island, wall oven, microwave drawer, chrome hardware, toe kick and under cabinet lighting, and a dramatic illuminated tray ceiling. Multi slide pocket doors disappear into the walls, completely opening the interior to a covered outdoor living space with TV and a grilling station equipped with a Green Egg smoker and sink. Beyond, an expansive landscaped lawn extends to a wooded backdrop, creating a private setting. Open living and dining areas extend to a sundrenched family room, while a front office and thoughtfully designed mudroom with direct access to the attached three car garage add function to the layout. Upstairs, 9 foot ceilings continue through four bedrooms, including an impressive primary suite with oversized picture windows, an expansive walk in closet and an ensuite bath featuring a double vanity, soaking tub and oversized dual shower. A secondary bedroom with ensuite bath opens directly to the wraparound roof deck The finished lower level offers an expansive family room with an 8 foot illuminated tray ceiling, built in beverage center and layered accent lighting. A dedicated home gym with turf provides a separate fitness space, while a framed in law suite offers the potential for a kitchen, bedroom and bath with private egress. Endless off street parking. Ideally located less than a mile from both Woodville School and Wakefield Memorial High School, with easy access to Breakheart Reservation, MarketStreet Lynnfield and major routes.

Immersive Experience

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$382/sqft
Local Avg (Wakefield)$421/sqft
9% BelowMarket Average

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Wakefield, MA.

Property Details

Financials

Original Price$2,375,000
Annual Taxes$20,415

Parking

Garage3
Off-Street11

Interior Specifications

Total Rooms12
Fireplaces1
FlooringTile, Hardwood, Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Vinyl
BasementFull, Partially Finished, Walk-Out Access, Interior Entry, Garage Access, Bulkhead, Concrete

Climate & Utilities

HeatingCentral, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRES

Property & Lot

Acres1.07
SqFt Lot46,688
Lot FeaturesLevel

Amenities & Appliances

Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Shopping • Highway Access • House of Worship • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenOfficeFamily RoomBathroom 1
Living Room
Lvl First

19.583333333 x 20.416666666

Flooring - Hardwood, Recessed Lighting

Dining Room
Lvl First

17.416666666 x 15.25

Flooring - Hardwood, Recessed Lighting, Lighting - Pendant

Kitchen
Lvl First

23.583333333 x 19.166666666

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Lighting - Pendant

Office
Lvl First

10.666666666 x 10.416666666

Flooring - Hardwood

Family Room
Lvl First

21.5 x 11.583333333

Flooring - Hardwood, Recessed Lighting

Primary Bedroom
Lvl Second

23.25 x 16.166666666

Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting, Lighting - Sconce

Bedroom 2
Lvl Second

12.916666666 x 12.583333333

Bedroom 3
Lvl Second

10.083333333 x 14.833333333

Closet, Flooring - Hardwood, Recessed Lighting

Bedroom 4
Lvl Second

19.25 x 26.583333333

Closet, Flooring - Hardwood, Flooring - Wood, Deck - Exterior

Bathroom 1
Lvl First

6.25 x 8.833333333

Bathroom 2
Lvl Second

10.666666666 x 18.333333333

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Bathroom - With Shower Stall, Bathroom - With Tub, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

10.916666666 x 7.166666666

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Population

27,793

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$134K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

29.3%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 6,211 sq ft principal dwelling). Lot size: 46,688 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Listing Provided By

Listing Agent: The Synergy Group

Listing Office: The Synergy Group

MLS® Number: 73579513

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