Price Drop! Stunning Gut-Renovated Home with Water Views of Cedar Meadow Lake. Welcome to this beautifully renovated 3-bedroom, 1.5-bath single-family home in the heart of Leicester, MA. Every inch of this property has been thoughtfully updated, offering the perfect blend of modern comfort and functionality . Step inside to an open-concept floor plan filled with natural light, ideal for today’s lifestyle. The brand-new kitchen features sleek cabinetry, quartz countertops, stainless steel appliances, and a spacious island that flows seamlessly into the dining and living areas — perfect for entertaining or family gatherings. Enjoy serene water views of Cedar Meadow Lake right from your windows, bringing a sense of calm and connection to nature. Both bathrooms have been fully updated with contemporary finishes, and all systems, flooring, and fixtures are new throughout for worry-free living.
Sold for $507,000
$507,000
40 Lakeview Dr, Leicester, MA 01524
3beds
1,600sqft
Single Family Residence
Built in 1990
7,501 Square Feet Lot
$510,900 Zestimate®
$317/sqft
$3,163 Estimated rent
Home value
$510,900
$470,000 - $552,000
$3,163/mo
Zestimate® history
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$3,247/mo
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Zillow last checked:
Listing updated:
Listed by:
Jeffrey Wallace 774-268-2122,
Reference Real Estate 781-342-0052
Bought with:
Kris Koliss
RE/MAX Partners
Source: MLS PIN,MLS#: 73451843
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bathroom
- Features: No
Heating
- Electric Baseboard, Electric
Cooling
- Window Unit(s)
Appliances
- Included: Electric Water Heater, Range
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Wood, Vinyl
- Doors: Insulated Doors
- Windows: Insulated Windows
- Basement: Unfinished
- Number of fireplaces: 1
Interior area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
- Finished area above ground: 1,600
Property
Parking
- Total spaces: 4
- Parking features: Off Street
- Uncovered spaces: 4
Accessibility
- Accessibility features: No
Features
- Patio & porch: Porch, Deck - Composite
- Exterior features: Porch, Deck - Composite
- Has view: Yes
- View description: Water, Lake
- Has water view: Yes
- Water view: Lake,Water
Lot
- Size: 7,501 Square Feet
- Features: Corner Lot
Details
- Parcel number: M:28B B:0000D19 L:0
- Zoning: SA
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1990
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Private Sewer
- Water: Private
- Utilities for property: for Electric Range, for Electric Dryer, Washer Hookup
Community & HOA
Community
- Features: Walk/Jog Trails
- Subdivision: Cedar Lake Grove
HOA
- Has HOA: No
Location
- Region: Leicester
Financial & listing details
- Price per square foot: $317/sqft
- Tax assessed value: $305,300
- Annual tax amount: $3,593
- Date on market: 12/8/2025
- Listing terms: Seller W/Participate
Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2026 | Sold | $507,000-3.4%$317/sqft |
Source: MLS PIN #73451843 Report a problem | ||
| 2/10/2026 | Contingent | $524,999$328/sqft |
Source: MLS PIN #73451843 Report a problem | ||
| 2/2/2026 | Price change | $524,999-2.8%$328/sqft |
Source: MLS PIN #73451843 Report a problem | ||
| 1/14/2026 | Listed for sale | $540,000-0.9%$338/sqft |
Source: MLS PIN #73451843 Report a problem | ||
| 1/6/2026 | Listing removed | $545,000$341/sqft |
Source: MLS PIN #73451843 Report a problem | ||
| 12/3/2025 | Price change | $545,000-0.9%$341/sqft |
Source: MLS PIN #73451843 Report a problem | ||
| 11/5/2025 | Listed for sale | $549,999+86.4%$344/sqft |
Source: MLS PIN #73451843 Report a problem | ||
| 8/4/2021 | Sold | $295,000-3.3%$184/sqft |
Source: MLS PIN #72830360 Report a problem | ||
| 7/16/2021 | Pending sale | $305,000$191/sqft |
Source: MLS PIN #72830360 Report a problem | ||
| 7/3/2021 | Contingent | $305,000$191/sqft |
Source: MLS PIN #72830360 Report a problem | ||
| 5/12/2021 | Listed for sale | $305,000+1034.5%$191/sqft |
Source: MLS PIN #72830360 Report a problem | ||
| 6/21/1990 | Sold | $26,884$17/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,593 +5.9% | $305,300 +12.9% |
| 2024 | $3,394 +4.9% | $270,400 +7.5% |
| 2023 | $3,234 +3.2% | $251,500 +12.3% |
| 2022 | $3,134 -7.3% | $224,000 +0.3% |
| 2021 | $3,379 +15% | $223,300 +13.4% |
| 2020 | $2,937 +6.4% | $197,000 +7.7% |
| 2019 | $2,760 +3.8% | $183,000 +10.7% |
| 2018 | $2,660 +3.9% | $165,300 |
| 2017 | $2,559 +9.3% | $165,300 +5.2% |
| 2016 | $2,342 +2.4% | $157,200 |
| 2015 | $2,286 +0.1% | $157,200 |
| 2014 | $2,284 +2% | $157,200 -4.4% |
| 2013 | $2,240 +3.3% | $164,500 |
| 2012 | $2,168 +1.3% | $164,500 -4.4% |
| 2011 | $2,140 -0.8% | $172,000 -6.5% |
| 2010 | $2,158 -2.2% | $184,000 -13.2% |
| 2009 | $2,206 +0.9% | $212,100 -9% |
| 2008 | $2,187 +1.1% | $233,200 +0.4% |
| 2007 | $2,163 +1.5% | $232,300 +9.2% |
| 2006 | $2,130 +8.6% | $212,800 +13.9% |
| 2005 | $1,961 +27.6% | $186,800 +60.9% |
| 2004 | $1,537 +3.1% | $116,100 +9% |
| 2003 | $1,491 -4.1% | $106,500 +15.8% |
| 2001 | $1,554 +2.6% | $92,000 |
| 2000 | $1,514 | $92,000 |
Find assessor info on the county website
Neighborhood: 01524
Nearby homes
- $449,6002 bd1 ba754 sqft41 Lakeview Dr, Leicester, MA 01524Off Market
- $590,8003 bd2 ba1.4k sqft39 Lakeview Dr, Leicester, MA 01524Off Market
- $539,1003 bd2 ba1.6k sqft45 Lakeview Dr, Leicester, MA 01524Off Market
- $364,8002 bd1 ba788 sqft29 Beech St, Leicester, MA 01524Off Market
- $448,9004 bd2 ba1.9k sqft25 Beech St, Leicester, MA 01524Off Market
- $526,9003 bd1 ba1.1k sqft37 Lakeview Dr, Leicester, MA 01524Off Market
- $393,9003 bd1 ba1.1k sqft9 Maple Ln, Leicester, MA 01524Off Market
- $618,2002 bd2 ba1.8k sqft51 Lakeview Dr, Leicester, MA 01524Off Market
Nearby schools
GreatSchools rating
- 4/10Leicester Memorial Elementary SchoolGrades: K-4Distance: 2.3 mi
- 5/10Leicester Middle SchoolGrades: 5-8Distance: 2.3 mi
- 4/10Leicester High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Leicester Memorial
- Middle: Leicester Middle
- High: Leicester High
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$510,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$510,900
- Massachusetts
- Worcester County
- Leicester
- 01524
- 40 Lakeview Dr
Nearby cities
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