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505 Great Pond Rd, North Andover MA 01845

North Andover, MA 01845 • Lake Area
$1,325,000
Est. $7,052/month
4
Beds
3
Baths
3,423
Sq Ft
$387
Price/Sq Ft
2.62
Acres
1967
Year Built
Single Family Residence
Type
7
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73339211

About this home

Expanded Royal Barry Wills designed Cape on 2+ acre extraordinary level lot abutting North Andover Country Club. Exceptional and tasteful interior updates complement the classic lake area design. Living room with remodeled fireplace is bright, inviting and leads to a dining room with sliders to a patio area in the fully fenced in backyard. The open concept eat-in kitchen and family room has another fireplace and beautiful wooded views through a wall of windows. In addition to lake views, the first floor main bedroom suite has a spa-like bath with steam shower and direct access to the hottub. Main level also has 2nd large bedroom & additional full bath. Upstairs there are 2 more good sized bedrooms. Enlarged and remodeled second floor bath has a soaking tub, walk-in shower and radiant floors. Other upgrades include new heating and cooling system, new hot water tank, completely renovated media room in the lower level, new windows, new GE Café kitchen appliances, new landscaping and more!

Sale Statistics

Sale Overview
Original List Price: $1,199,000
Final Sale Price: $1,325,000
Difference: +$126,000 (+10.5%)
Performance Metrics
110.5%
List to Sale Ratio
Sold above asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $350
Sale $/sq ft: $387
This property sold for $387 per square foot
Sale Summary

This property sold for 10.5% above the original asking price, indicating strong buyer demand.

With only 7 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1967
Bedrooms
4
Full Bathrooms
3
Living Area
3,423 sq ft
Total Rooms
10

Interior Features

Flooring
Tile, Carpet, Hardwood, Flooring - Wall to Wall Carpet, Flooring - Hardwood
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Family Room, Living Room
Has Fireplace
Yes
Number of Fireplaces
2
Appliances
Gas Water Heater, Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Interior Features
Closet, Recessed Lighting, Crown Molding, Closet - Double, Lighting - Overhead, Breezeway, Media Room, Study, Mud Room, Central Vacuum
Laundry Features
In Basement, Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Finished, Bulkhead
Window Features
Window(s) - Picture, Insulated Windows, Screens
Door Features
Pocket Door, Insulated Doors

Exterior & Structure

Construction Materials
Frame
Architectural Style
Cape
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Patio, Rain Gutters, Hot Tub/Spa, Storage, Professional Landscaping, Sprinkler System, Screens, Fenced Yard, Stone Wall
Patio/Porch Features
Patio
Fencing
Fenced/Enclosed, Fenced
Spa Features
Private
Has Spa
Yes
View
Scenic View(s)
Has View
Yes
Waterfront Features
Lake/Pond, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
2.62 acres
Lot Size
114,127 sq ft
Lot Size Area
2.6200
Lot Features
Wooded
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
6
Parking Features
Attached, Garage Door Opener, Storage, Garage Faces Side, Paved Drive, Off Street, Paved
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup, Icemaker Connection, Generator Connection
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 200+ Amp Service, Generator Connection

Community & HOA

Subdivision
Lake Area
Community Features
Walk/Jog Trails, Golf, House of Worship, Private School, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$11,904
Tax Year
2024
Tax Assessed Value
$1,073,400
Parcel Number
M:00064 B:00017 L:00000,2068450
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
Room sizes approx.
Exclusions
Refrigerator In Garage And The Generator

Location

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Neighborhood

Lake Area

505 Great Pond Rd, North Andover MA 01845

North Andover, MA 01845

Walkability

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Schools

Elementary School
Franklin
Rating information coming soon
Middle School
Nams
Rating information coming soon
High School
North Andover
Rating information coming soon

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $992
Homeowners Insurance $200
PMI $0

Property History

Market Insights

9.5%
Price Range
8
Total Days on Market

Property Timeline

✓
Sold
Apr 11, 2025
$1,325,000
Property sold
Days on Market: 8
🏠
Listed for Sale
Feb 27, 2025
$1,199,000
Original listing
Agent: The Maren Group Office: Keller Williams Realty

Price & Status History

Date Event Price Change
Feb 27, 2025 New Listing Added $1,199,000 —

Market Statistics

Days on Market
7 days
Price per Sq Ft
$387

Tax History

Year Taxes Assessment
2024 $11,904 $1,073,400

Financial Details

Annual Property Tax
$11,904
Tax Year 2024
Assessed Value
$1,073,400

Listing Information

Listing Agent The Maren Group
Listing Office Keller Williams Realty
Agent MLS ID TEAM0189
Office MLS ID G95022

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