40 Lambs Grove, Spencer MA 01562

Spencer, MA 01562
$459,900
Est. $2,821/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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3
Beds
1
Baths
1,680
Sq Ft
$274
Price/Sq Ft
0.16
Acres
1970
Year Built
2
Parking
1 hour 13 minutes
Time on Market
For Sale Listed Oct 6, 2026 • MLS# 73586965 Copied! • Updated Oct 6, 2026

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About this home

FIRST TIME ON THE MARKET! Come home to beautiful lake views, peaceful surroundings, and a lifestyle that feels like a getaway every day! This charming 3-bedroom Cape is nestled near Sugden Reservoir and offers deeded beach rights and a deeded right-of-way to the lake, all in a wonderful neighborhood on a quiet dead-end road.Inside, you'll find 1,680 sq. ft. of living space with a beautifully remodeled kitchen featuring an open floor plan, stone countertops & updated stainless steel appliances. The exceptionally large 39-foot living room is filled with natural light and showcases gorgeous lake views through sliding glass doors with plenty of room for both comfortable living and dining.The generously sized bedrooms offer plenty of space, including a spacious primary bedroom with its own private balcony/deck. Imagine starting your morning with a cup of coffee while taking in the lake views and watching the activity on the water! Second-floor laundry adds everyday convenience.The home has been thoughtfully updated with a new kitchen, updated flooring, refreshed bathroom, new lighting, and updated plumbing. A new septic system is currently being installed, providing an additional improvement for the next owner. Outdoor enthusiasts will love the location, with Mid-State Trail and Moose Hill Wildlife Sanctuary nearby, along with easy access to the reservoir & boat ramp and its recreational opportunities. Great fishing in this 90+ acre full recreational lake(state stocked trout)! When you're ready to venture out, the Mass Pike and other major routes are less than 15 minutes away. Whether you're looking for a year-round home or simply a place where you can slow down and enjoy your surroundings, this property offers a wonderful combination of comfort, nature, recreation, and convenience.Quick occupancy available. Come see why this is the kind of place that just feels good to call home!

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Property History

Property Timeline

🏠
Listed for Sale
Oct 6, 2026
$459,900
Original listing
Agent: Donna Flannery Office: ERA Key Realty Services- Spenc

Tax History

Year Taxes Assessment
2026 $3,551 $323,400

Financial Details

Annual Property Tax
$3,551
Tax Year 2026
Assessed Value
$323,400

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1970
Living Area 1,680 sq ft
Lot Size 0.16 acres
Bedrooms 3
Full Baths 1
Total Rooms 5

Interior

Heating Electric, Pellet Stove
Cooling Window Unit(s)
Flooring Tile, Carpet
Appliances Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Basement None
Laundry Second Floor, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Frame
Architecture Cape
Roof Shingle
Features Storage, Screens
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 2
Electric Circuit Breakers
Water Private
Sewer Private Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup
Annual Tax $3,551
Assessed Value $323,400
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures New Septic System Recently Installed In September.. Wood Stove Does Not Work. Pellet Stove Does. Roof 2011. Deeded Row To The Lake Is Right In Front To The Left Of The Little Bridge/walkway. *virtually Staged
Possession None
Accepted Financing None
Structure Type []
House Color Brown
Sq Ft Source Public Record
Documents None
County Worcester

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1970
Bedrooms
3
Full Bathrooms
1
Living Area
1,680 sq ft
Total Rooms
5

Floor Layout

Interior Features

Flooring: Tile, Carpet
Appliances: Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features:
Windows: Screens
Basement:
Laundry: Second Floor, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Style: Cape
Year Built: 1970
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Slab

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features: Storage, Screens
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Corner Lot, Cleared
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street
School District
Spencer-East Brookfield School District local
F
E

Elementary Schools

3 schools
C-
Wire Village School
1.0 mi | #668 of 825 | Score: 37.5
Improved 5 spots from last year
-20.7 below state avg
461 students Diverse
Grades K-04
B+
Paxton Center
3.1 mi | #136 of 352 | Score: 45.5
Dropped 42 spots from last year
-12.7 below state avg
429 students Moderate
Grades K-08
C
Leicester Elementary School
3.5 mi | #621 of 825 | Score: 39.7
Improved 7 spots from last year
-18.6 below state avg
450 students Diverse
Grades K-04
M

Middle Schools

2 schools
D
Knox Trail Middle School
2.5 mi | #327 of 352 | Score: 28.7
Dropped 50 spots from last year
-29.5 below state avg
407 students Diverse
Grades 05-08
C+
Leicester Middle School
3.6 mi | #226 of 352 | Score: 38.6
Improved 5 spots from last year
-19.6 below state avg
401 students Diverse
Grades 05-08
H

High Schools

2 schools
C
David Prouty High School
1.9 mi | #253 of 346 | Score: 47.0
Dropped 8 spots from last year
-11.2 below state avg
321 students Moderate
13 sports • 482 athletes
Strong AP Program Career Tech Programs College Ready Curriculum
Grades 09-12
B
Leicester High School
3.8 mi | #163 of 346 | Score: 54.7
Dropped 3 spots from last year
-3.5 below state avg
409 students Diverse
14 sports • 674 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
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Including down payment
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $296
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

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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.

Location

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Neighborhood

40 Lambs Grove, Spencer MA 01562

Spencer, MA 01562

Listing Information

Listing Agent Donna Flannery
Listing Office ERA Key Realty Services- Spenc
Office Phone 508-885-6336
Agent MLS ID K0003035
Office MLS ID K95257
Listing Data Updated Oct 6, 2026 9:46 AM EDT
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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