Rare Lake Cochituate Opportunity! Limited waterfront inventory makes this an exceptional opportunity for investors, builders, contractors, or those seeking a premier lakefront location. Situated on beautiful Lake Cochituate, this two-family property has potential for stunning water views and direct lake access. Each unit offers 2 bedrooms, presenting flexible possibilities for future use or income potential. The property has been vacant for several years, and the current condition of the home and its systems are unknown. It is being sold as is, with no representations or warranties made by the seller. Whether you envision restoring the existing structure or creating a custom waterfront residence, opportunities like this on Lake Cochituate are increasingly rare. Enjoy breathtaking lake views, direct water access, and the chance to invest in one of Wayland's most desirable waterfront locations!
Pending
$649,000
224 W Plain St, Wayland, MA 01778
4beds
1,780sqft
2 Family - 2 Units Up/Down
Built in 1920
-- sqft lot
$645,100 Zestimate®
$365/sqft
$-- HOA
What's special
Premier lakefront locationDirect water accessBreathtaking lake views
- 46 days
- 114
- 1
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Nancy Hurley 508-397-8580,
ERA Key Realty Services- Fram 508-879-4474
Source: MLS PIN,MLS#: 73547966
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Floored Attic, Walk-Up Attic
- Basement: Partial
- Number of fireplaces: 2
Interior area
- Total structure area: 1,780
- Total interior livable area: 1,780 sqft
- Finished area above ground: 1,780
Video & virtual tour
Property
Parking
- Total spaces: 2
- Uncovered spaces: 2
Features
- On waterfront: Yes
- Waterfront features: Waterfront, Lake, Frontage, Access, Lake/Pond
Lot
- Size: 0.32 Acres
- Features: Sloped
Details
- Parcel number: 863064
- Zoning: R20
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Up/Down
Materials
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Private Sewer
- Water: Public
Community & HOA
Community
- Features: Shopping, Public School
Location
- Region: Wayland
Financial & listing details
- Price per square foot: $365/sqft
- Tax assessed value: $978,200
- Annual tax amount: $14,507
- Date on market: 7/16/2026
- Total actual rent: 0
Estimated market value
$645,100
$613,000 - $677,000
$3,772/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Pending sale | $649,000$365/sqft |
Source: MLS PIN #73547966 Report a problem | ||
| 7/21/2026 | Contingent | $649,000$365/sqft |
Source: MLS PIN #73547966 Report a problem | ||
| 7/10/2026 | Listed for sale | $649,000+64.7%$365/sqft |
Source: MLS PIN #73547966 Report a problem | ||
| 10/27/2025 | Sold | $394,000$221/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,276 +5.8% | $913,400 +5% |
| 2024 | $13,499 +8.2% | $869,800 +16.1% |
| 2023 | $12,478 +7.6% | $749,400 +18.6% |
| 2022 | $11,597 +14.4% | $632,000 +15.4% |
| 2021 | $10,140 +4.3% | $547,500 |
| 2020 | $9,724 -0.4% | $547,500 +2.5% |
| 2019 | $9,760 -1.9% | $533,900 -3.2% |
| 2018 | $9,945 +4.9% | $551,600 +5.5% |
| 2017 | $9,482 +7.2% | $522,700 +2.5% |
| 2016 | $8,843 | $510,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 01778
Nearby schools
Schools provided by the listing agent
- Middle: Wayland Middle School
- High: Wayland High School
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





