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40 Lake View Dr, Leicester MA 01524

Leicester, MA 01524 • Cedar Lake Grove
$524,999
Est. $3,154/month
3
Beds
1.5
Baths
1,600
Sq Ft
$328
Price/Sq Ft
0.17
Acres
1990
Year Built
109
Days on Market
Pending Price Drop -$25,000 Listed Nov 5, 2025 • MLS# 73451843 Copied!

About this home

Price Drop! Stunning Gut-Renovated Home with Water Views of Cedar Meadow Lake. Welcome to this beautifully renovated 3-bedroom, 1.5-bath single-family home in the heart of Leicester, MA. Every inch of this property has been thoughtfully updated, offering the perfect blend of modern comfort and functionality . Step inside to an open-concept floor plan filled with natural light, ideal for today’s lifestyle. The brand-new kitchen features sleek cabinetry, quartz countertops, stainless steel appliances, and a spacious island that flows seamlessly into the dining and living areas — perfect for entertaining or family gatherings. Enjoy serene water views of Cedar Meadow Lake right from your windows, bringing a sense of calm and connection to nature. Both bathrooms have been fully updated with contemporary finishes, and all systems, flooring, and fixtures are new throughout for worry-free living.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1990
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,600 sq ft
Total Rooms
5

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1990
Living Area 1,600 sq ft
Lot Size 0.17 acres
Bedrooms 3
Full Baths 1
Half Baths 1
Total Rooms 5

Interior

Heating Electric Baseboard, Electric
Cooling Window Unit(s)
Flooring Wood, Vinyl
Appliances Electric Water Heater, Range
Fireplace None
Fireplaces 1
Basement Unfinished
Laundry Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction None
Architecture Colonial
Roof Shingle
Features Porch, Deck - Composite
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck - Composite

Parking

Features Off Street
Total Spaces 4

Utilities

Electric 100 Amp Service
Water Private
Sewer Private Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $3,593
Assessed Value $305,300

Interior Features

Flooring: Wood, Vinyl
Appliances: Electric Water Heater, Range
Interior Features:
Windows: Insulated Windows
Basement: Unfinished
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Style: Colonial
Year Built: 1990
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Stone

Heating, Cooling & Utilities

Heating: Electric Baseboard, Electric
Cooling: Window Unit(s)
Hot Water:
Water Source: Private
Sewer: Private Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Deck - Composite
Patio & Porch: Porch, Deck - Composite
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 4
Parking Features: Off Street

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Walk/Jog Trails

Location

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Neighborhood

Cedar Lake Grove

40 Lake View Dr, Leicester MA 01524

Leicester, MA 01524

Walkability

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Nearby Schools

School District
Leicester School District local
C-
School Safety 2024-25
4.7% Above Average
3.3% Suspensions 3.3% In-School 1.4% Emergency
0.8% below state avg

No schools found within 5 miles

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $299
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

1
Price Changes
3.7%
Price Range

Property Timeline

📋
Status: Active under contract
Feb 10, 2026
Active → Active Under Contract
Pending Sale
Feb 9, 2026
Offer accepted, sale pending
Price Reduced
Feb 2, 2026
$524,999 $15,001 (-2.78%)
From $540,000 to $524,999 (-2.8%)
🏠
Listed for Sale
Nov 5, 2025
$540,000
Original listing
Office: Reference Real Estate
🏠
Listed for Sale
Nov 5, 2025
$545,000
Original listing
Office: Reference Real Estate

Price & Status History

Date Event Price Change
Feb 10, 2026 Status: Active under contract $0
Feb 2, 2026 Price Changed $524,999 -$15,001
Nov 5, 2025 New Listing Added $540,000
Nov 5, 2025 New Listing Added $545,000

Market Statistics

Days on Market
109 days
Price per Sq Ft
$328
Total Price Drop
-$25,000

Tax History

Year Taxes Assessment
2025 $3,593 $305,300

Financial Details

Annual Property Tax
$3,593
Tax Year 2025
Assessed Value
$305,300

Listing Information

Listing Agent Jeffrey Wallace
Listing Office Reference Real Estate
Agent MLS ID CN229573
Office MLS ID AN8944
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Leicester, MA

Real-time market trends and pricing data for this area

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