40 Lake Dr., Needham MA 02492

Needham, MA 02492
$2,300,000
Est. $12,242/month
5
Beds
6.5
Baths
4,247
Sq Ft
$542
Price/Sq Ft
0.33
Acres
2024
Year Built
Single Family Residence
Type
35
Days on Market
Closed Listed Sep 30, 2025 • MLS# 73287929 Copied!

About this home

Welcome home to 40 Lake Drive - a new construction colonial built by a premier local builder. The open first floor boasts a stunning gourmet kitchen and dining area, a charming mudroom off the heated garage, fully equipped with an electric car charger, a stylish 1/2 bath, and a cozy family room with a gas fireplace. Bathed in an abundance of natural light from oversized windows, this level also features a versatile bedroom (or office) with a full bath. Upstairs, you'll find four luxurious bedrooms, each with an en-suite bathroom, including the primary suite with soaring ceilings and breathtaking views of the conservation area. A convenient laundry room is also located on the second level. The finished basement offers ample flex space, perfect for a media room, family room, playroom, gym, and more. Ideally situated next to the picturesque Rosemary Trails and Lake, and close proximity to the Rosemary Pool, the commuter line, and all of Needham's fantastic restaurants and shops!

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
2024
Bedrooms
5
Full Bathrooms
6
Half Bathrooms
1
Living Area
4,247 sq ft
Total Rooms
11

Sale Statistics

Sale Overview
Original List Price: $2,483,000
Final Sale Price: $2,300,000
Difference: $183,000 (-7.4%)
Performance Metrics
92.6%
List to Sale Ratio
Sold below asking price
35
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $585
Sale $/sq ft: $542
This property sold for $542 per square foot
Sale Summary

This property sold for 7.4% below the original asking price.

The property spent 35 days on market before selling.

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 2024
Living Area 4,247 sq ft
Lot Size 0.33 acres
Bedrooms 5
Full Baths 6
Half Baths 1
Total Rooms 11

Interior

Heating Propane, Hydro Air
Cooling Central Air
Flooring Wood, Vinyl, Flooring - Vinyl, Flooring - Stone/ceramic Tile
Appliances Water Heater, Range, Oven, Dishwasher, Microwave, Refrigerator, Freezer
Fireplace Living Room
Fireplaces 1
Basement Full, Bulkhead
Laundry Flooring - Stone/ceramic Tile, Electric Dryer Hookup, Second Floor
Features Bathroom - Full, Bathroom - With Shower Stall, Bathroom - Tiled With Tub, Closet, Closet/cabinets - Custom Built, Bathroom, Play Room, Mud Room

Exterior

Construction Frame
Architecture Other (see Remarks)
Roof Shingle
Features Patio, Rain Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Garage Spaces 2
Has Garage Yes
Features Attached, Paved Drive, Paved
Total Spaces 2

Utilities

Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, For Electric Dryer

Financial

Annual Tax $8,976
Assessed Value 0.00

Location

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Neighborhood

40 Lake Dr., Needham MA 02492

Needham, MA 02492

Walkability

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Schools

Elementary School
Sunita Williams
Rating information coming soon
Middle School
Nps
Rating information coming soon
High School
Nps
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $748
Homeowners Insurance $200
PMI $0

Property History

Market Insights

7.4%
Price Range
69
Total Days on Market

Property Timeline

Sold
Dec 10, 2024
$2,300,000
Property sold
Days on Market: 69
🏠
Listed for Sale
Sep 10, 2024
$2,483,000
Original listing
Agent: The Samantha Eisenberg Group Office: Compass

Price & Status History

Date Event Price Change
Sep 10, 2024 New Listing Added $2,483,000

Market Statistics

Days on Market
35 days
Price per Sq Ft
$542

Tax History

Year Taxes Assessment
2024 $8,976 $0

Financial Details

Annual Property Tax
$8,976
Tax Year 2024
Assessed Value
$0

Listing Information

Listing Agent The Samantha Eisenberg Group
Listing Office Compass
Agent MLS ID TM352881
Office MLS ID AN3337

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