48 Lambs Grove, Spencer MA 01562

Spencer, MA 01562
$875,000
Est. $5,047/month
3
Beds
2.5
Baths
1,971
Sq Ft
$444
Price/Sq Ft
0.29
Acres
2003
Year Built
2
Garage Spaces
18
Days on Market
For Sale Listed Aug 5, 2026 • MLS# 73559720 Copied! • Updated Aug 18, 2026

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About this home

Welcome to your own waterfront retreat nestled on a peninsula on beautiful Sugden Reservoir! Nestled at the end of a cul-de-sac, this exceptional property boasts 168 feet of direct water frontage on a full recreational lake (85 acres), offering your OWN boat launch,breathtaking sunset views and a tranquil setting you’ll never want to leave. The stunning, fully renovated kitchen is designed to capture spectacular lake views all while dining. Just off the kitchen, a charming dining room with a fieldstone fireplace and pellet stove creates the perfect place to relax with an opening into the sun-filled great room, flanked with windows and a slider to the spacious deck where you can enjoy morning coffee overlooking the lake or entertain family and friends while watching the sunset! The home features beautiful maple hardwood flooring throughout the main living areas on the first floor, a spacious primary bedroom, guest bdrm and an additional room ideal for a home office or tandem third bdrm. As per seller a fantastic 2005 addition and 2024 updates, including kitchen, pellet stove, roof, wood deck,replacement windows, siding, exterior doors and insulation are just a wonderful bonus! Outside, you’ll find two welcoming covered front porches, outdoor shower, patio by the water, dock, shed and an additional deck off the kitchen and great room, and plenty of outdoor space to enjoy this exceptional setting. A 20’ x 23’ two-car garage provides ample storage. This is lakefront living at its finest with million-dollar views from the kitchen, great room, and primary bedroom. A rare opportunity to own a slice of waterfront paradise!

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Property History

Market Insights

Property Timeline

👁️
Showing Instructions Updated
Aug 18, 2026
New showing requirements
🏠
Listed for Sale
Aug 5, 2026
$875,000
Original listing
Agent: Team Cuoco Office: Cuoco & Co. Real Estate

Tax History

Year Taxes Assessment
2023 $5,021 $416,300

Financial Details

Annual Property Tax
$5,021
Tax Year 2023
HOA Fee
$50
Annually
Assessed Value
$416,300

Facts & Features

2 Car Garage

Home Facts

Type Residential
Style Single Family Residence
Year Built 2003
Living Area 1,971 sq ft
Lot Size 0.29 acres
Bedrooms 3
Full Baths 2
Half Baths 1
Total Rooms 7

Interior

Heating Baseboard, Oil, Pellet Stove, Ductless
Cooling Ductless
Flooring Tile, Vinyl, Carpet, Hardwood, Laminate
Appliances Water Heater, Range, Dishwasher, Microwave, Refrigerator
Fireplace Dining Room
Fireplaces 1
Basement Full, Partially Finished, Walk-out Access, Interior Entry, Concrete, Unfinished
Laundry Electric Dryer Hookup, Washer Hookup, First Floor
Features Exercise Room

Exterior

Construction Frame
Architecture Cape
Roof Shingle
Features Porch, Deck - Wood, Storage, Professional Landscaping, Garden
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck - Wood
Garage Spaces 2
Has Garage Yes
Features Attached, Garage Door Opener, Oversized, Paved Drive, Paved
Total Spaces 14
Electric Circuit Breakers, 200+ Amp Service, Generator Connection
Water Private
Sewer Holding Tank
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup, Generator Connection
Annual Tax $5,021
Assessed Value $416,300
HOA Yes
HOA Fee $50 Annually
Fee Includes None
Amenities None
Optional Fee Includes None
Association Required No
Lead Paint Unknown
Seller Disclosures Seller Reserves The Right To Accept An Offer At Anytime, No Buyer Letters Pls. Buyer To Verify All Info. Some Photos Have Been Digitally Enhanced. As Per Seller - 2 Tight Tanks- 2000 Gallon Each, Shore Masters Dock Included In The Sale.
Possession None
Accepted Financing None
Structure Type []
House Color White
Sq Ft Source Public Record
Documents None
County Worcester
Total market time (incl. prior listings) 13 days

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
2003
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,971 sq ft
Total Rooms
7

Floor Layout

Interior Features

Flooring: Tile, Vinyl, Carpet, Hardwood, Laminate
Appliances: Water Heater, Range, Dishwasher, Microwave, Refrigerator
Interior Features: Exercise Room
Windows: Insulated Windows
Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Concrete, Unfinished
Laundry: Electric Dryer Hookup, Washer Hookup, First Floor
Security:

Construction & Materials

Style: Cape
Year Built: 2003
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter, Block

Heating, Cooling & Utilities

Heating: Baseboard, Oil, Pellet Stove, Ductless
Heating Zones: 6
Cooling: Ductless
Cooling Zones: 4
Hot Water:
Water Source: Private
Sewer: Holding Tank
Energy Features:

Exterior & Lot

Exterior Features: Porch, Deck - Wood, Storage, Professional Landscaping, Garden
Patio & Porch: Porch, Deck - Wood
Fencing:
Other Structures:
Lot Features: Cul-De-Sac
Road Surface: Paved

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 14
Parking Features: Attached, Garage Door Opener, Oversized, Paved Drive, Paved

Special Features

Fireplaces: 1
Fireplace Type: Dining Room
Waterfront: Yes
Waterfront Type: Waterfront, Lake, Dock/Mooring, Frontage, Access, Direct Access, Public
View: Yes
View Type: Scenic View(s)
Community Amenities:
School District
Spencer-East Brookfield School District local
F
E

Elementary Schools

3 schools
C-
Wire Village School
1.0 mi | #667 of 824 | Score: 37.5
Improved 6 spots from last year
-20.7 below state avg
430 students Moderate
Grades K-04
B+
Paxton Center
3.2 mi | #135 of 352 | Score: 45.6
Dropped 41 spots from last year
-12.6 below state avg
448 students Moderate
Grades K-08
C
Leicester Elementary School
3.5 mi | #626 of 824 | Score: 39.4
Improved 2 spots from last year
-18.8 below state avg
467 students Diverse
Grades K-04
M

Middle Schools

2 schools
D
Knox Trail Middle School
2.4 mi | #328 of 352 | Score: 28.5
Dropped 51 spots from last year
-29.7 below state avg
415 students Moderate
Grades 05-08
C+
Leicester Middle School
3.5 mi | #227 of 352 | Score: 38.5
Improved 4 spots from last year
-19.7 below state avg
394 students Diverse
Grades 05-08
H

High Schools

2 schools
C
David Prouty High School
1.9 mi | #271 of 346 | Score: 44.4
Dropped 26 spots from last year
-13.8 below state avg
306 students Moderate
13 sports • 482 athletes
Career Tech Programs College Ready Curriculum
Grades 09-12
B
Leicester High School
3.7 mi | #161 of 346 | Score: 54.0
Dropped 1 spots from last year
-4.2 below state avg
388 students Diverse
14 sports • 674 athletes
Strong AP Program Career Tech Programs College Ready Curriculum
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $418
Homeowners Insurance $200
HOA Fee $4/mo
PMI (if <20% down) $0

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Payment Over Time

Interest
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Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location

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Neighborhood

48 Lambs Grove, Spencer MA 01562

Spencer, MA 01562

Listing Information

Listing Agent Team Cuoco
Listing Office Cuoco & Co. Real Estate
Office Phone 413-333-7776
Agent MLS ID TM320785
Office MLS ID AN8868
Listing Data Updated Aug 18, 2026 11:12 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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