514 Water St, Wakefield MA 01880

Wakefield, MA 01880
$2,375,000
Est. $13,213/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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4
Beds
5
Baths
6,211
Sq Ft
$382
Price/Sq Ft
1.07
Acres
2024
Year Built
3
Garage Spaces
3 hours 30 minutes
Time on Market
For Sale Listed Sep 18, 2026 • MLS# 73579513 Copied! • Updated Sep 18, 2026

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About this home

Architecturally striking new construction defined by bold design, meticulous craftsmanship and a sophisticated modern aesthetic. This 4 bedroom, 4.5 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.

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Property History

Property Timeline

🏠
Listed for Sale
Sep 18, 2026
$2,375,000
Original listing
Agent: The Synergy Group Office: The Synergy Group

Tax History

Year Taxes Assessment
2026 $12,049 $1,061,600

Financial Details

Annual Property Tax
$12,049
Tax Year 2026
Assessed Value
$1,061,600

Facts & Features

3 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 2024
Living Area 6,211 sq ft
Lot Size 1.07 acres
Bedrooms 4
Full Baths 5
Total Rooms 12

Interior

Heating Central
Cooling Central Air
Flooring Tile, Hardwood, Flooring - Hardwood, Flooring - Stone/ceramic Tile, Flooring - Vinyl
Appliances Electric Water Heater, Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Fireplaces 1
Basement Full, Partially Finished, Walk-out Access, Interior Entry, Garage Access, Bulkhead, Concrete
Laundry Second Floor, Electric Dryer Hookup
Features Bathroom - Full, Bathroom - Tiled With Shower Stall, Office, Bathroom, Game Room

Exterior

Construction Frame
Architecture Contemporary
Roof Shingle
Features Porch, Deck - Roof, Covered Patio/deck, Rain Gutters, Professional Landscaping, Fenced Yard
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch, Deck - Roof, Covered
Garage Spaces 3
Has Garage Yes
Features Attached, Garage Door Opener, Insulated, Oversized, Off Street, Driveway, Paved
Total Spaces 11
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer
Annual Tax $12,049
Assessed Value $1,061,600
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint None, Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
2024
Bedrooms
4
Full Bathrooms
5
Living Area
6,211 sq ft
Total Rooms
12

Floor Layout

Interior Features

Flooring: Tile, Hardwood, Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Vinyl
Appliances: Electric Water Heater, Range, Dishwasher, Microwave, Refrigerator
Interior Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Office, Bathroom, Game Room
Windows: Insulated Windows
Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Garage Access, Bulkhead, Concrete
Laundry: Second Floor, Electric Dryer Hookup
Security:

Construction & Materials

Style: Contemporary
Year Built: 2024
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Central
Heating Zones: 4
Cooling: Central Air
Cooling Zones: 4
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Porch, Deck - Roof, Covered Patio/Deck, Rain Gutters, Professional Landscaping, Fenced Yard
Patio & Porch: Porch, Deck - Roof, Covered
Fencing: Fenced
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Garage Spaces: 3
Garage Type: Attached
Total Parking Spaces: 11
Parking Features: Attached, Garage Door Opener, Insulated, Oversized, Off Street, Driveway, Paved

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Shopping, Highway Access, House of Worship, Public School
School District
Wakefield School District local
A
School Safety 2024-25
0.5% Low
0.5% Suspensions 0.3% In-School
5.0% below state avg
E

Elementary Schools

3 schools
A-
Woodville School
0.3 mi | #172 of 825 | Score: 56.1
Improved 58 spots from last year
-2.1 below state avg
462 students Moderate
Rising School
Grades PK-04
A-
Greenwood School
1.6 mi | #203 of 825 | Score: 54.6
Improved 46 spots from last year
-3.6 below state avg
209 students Less Diverse
Rising School Strong Attendance
Grades K-04
A
Dolbeare School
1.7 mi | #160 of 825 | Score: 56.5
Improved 34 spots from last year
-1.7 below state avg
425 students Less Diverse
Rising School Strong Attendance
Grades K-04
M

Middle Schools

3 schools
A-
Galvin Middle School
1.4 mi | #80 of 352 | Score: 51.9
Improved 4 spots from last year
-6.3 below state avg
1,076 students Moderate
Strong Attendance
Grades 05-08
A
Lynnfield Middle School
2.5 mi | #59 of 352 | Score: 55.5
Improved 33 spots from last year
-2.7 below state avg
710 students Moderate
Rising School Strong Attendance
Grades 05-08
A-
Melrose Middle School
2.7 mi | #89 of 352 | Score: 50.7
Improved 9 spots from last year
-7.5 below state avg
830 students Moderate
Grades 06-08
H

High Schools

3 schools
B+
Northeast Metropolitan Regional Vocational High School
0.3 mi | #127 of 346 | Score: 58.3
Improved 95 spots from last year
+0.1 above state avg
1,414 students Diverse
17 sports • 1,818 athletes
High Graduation Rate Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
A-
Wakefield Memorial High School
0.5 mi | #80 of 346 | Score: 63.2
Improved 15 spots from last year
+5 above state avg
871 students Moderate
18 sports • 1,930 athletes
High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
EMARC - Life Choices & Employment Services
1.3 mi
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,004
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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Total principal paid $0
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Payment Over Time

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Principal
Year 1
95% Interest
Year 15
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Year 30
95% Principal
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Location

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Neighborhood

514 Water St, Wakefield MA 01880

Wakefield, MA 01880

Listing Information

Listing Agent The Synergy Group
Listing Office The Synergy Group
Office Phone 888-410-5454
Agent MLS ID TM321745
Office MLS ID AN7316
Listing Data Updated Sep 18, 2026 9:42 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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