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  • Listed by: Lady of the Lake Realty LLC • Matthew G Burroughs
    Bought with: Real Estate 2000 Maine/New Hampshire
    $1,725,000

    48 Spruce Drive, Wakefield, NH 03872

    3beds
    1,995sqft
    Single Family Residence
    Built in 2015
    0.99 Acres Lot
    $1,737,100 Zestimate®
    $865/sqft
    $2,829 Estimated rent

    Home value

    $1,737,100

    $1.60M - $1.89M

    $2,829/mo

    Zestimate® history
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    What's special

    An exceptional offering on pristine Lovell Lake, one of New Hampshire’s rare oligotrophic waterbodies, celebrated for its crystal-clear waters and unspoiled natural beauty. Tucked away at the end of Spruce Drive in low-tax Wakefield, this custom-built log home enjoys an exceptionally private, wooded setting with a level of seclusion that is increasingly hard to find. With 101 feet of waterfront, the property is designed for effortless lakefront living, featuring a wraparound deck overlooking the shoreline, where a T-shaped dock, moorings, swim platform, lakeside seating, and private beach create the perfect setting for relaxation and recreation. Inside, the three-bedroom home offers a warm yet refined open-concept design with expansive windows and doors framing sweeping lake views and filling the space with natural light. The main level features vaulted ceilings, a generous living and dining area, two bedrooms, laundry, and a beautifully appointed kitchen with high-end KitchenAid appliances and solid wood cabinetry. The upper level includes an additional living area and a serene primary suite with a walk-in closet, steam shower, whirlpool tub, and radiant heated flooring throughout. The lower level offers an unfinished walkout basement with 12’ ceilings, providing excellent potential for additional living space. Additional highlights include multiple fireplaces, Andersen windows, a durable metal roof, hardwired propane generator, and custom blinds. This turnkey retreat blends craftsmanship, comfort, and privacy for a truly special lakefront lifestyle enjoyed in every season.

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew G Burroughs,

    Lady of the Lake Realty LLC 888-737-5550

    Bought with:

    Rikki L Foglio

    Real Estate 2000 Maine/New Hampshire

    Source: PrimeMLS,MLS#: 5088237MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Heating
    • Propane, Radiant
    Cooling
    • Other
    Features
    • Basement: Concrete,Walkout,Walk-Out Access
    Interior area
    • Total structure area: 2,790
    • Total interior livable area: 1,995 sqft
    • Finished area above ground: 1,995
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Dirt
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Boat Slip/Dock
    • Has view: Yes
    • View description: Water, Lake
    • Has water view: Yes
    • Water view: Water,Lake
    • Waterfront features: Deep Water Access, Lake Front, Waterfront
    • Body of water: Lovell Lake
    • Frontage length: Water frontage: 101,Road frontage: 106
    Lot
    • Size: 0.99 Acres
    • Features: Level
    Details
    • Parcel number: WKFDM00204B023000L000000
    • Zoning description: residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Adirondack
    • Property subtype: Single Family Residence
    Materials
    • Log Home
    • Foundation: Poured Concrete
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 2015

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: 1500+ Gallon
    • Utilities for property: Cable Available, Propane

    Community & HOA

    Location
    • Region: Sanbornville

    Financial & listing details

    • Price per square foot: $865/sqft
    • Tax assessed value: $1,319,000
    • Annual tax amount: $11,488
    • Date on market: 5/12/2026

    Price history

    DateEventPrice
    6/30/2026Sold$1,725,000-1.4%$865/sqft
    Source: PrimeMLS #5088237 Report a problem
    6/8/2026Pending sale$1,750,000$877/sqft
    Source: PrimeMLS #5088237 Report a problem
    5/12/2026Listed for sale$1,750,000+29.6%$877/sqft
    Source: PrimeMLS #5088237 Report a problem
    6/18/2021Sold$1,350,000+12.5%$677/sqft
    Source: PrimeMLS #4859991 Report a problem
    5/18/2021Pending sale$1,200,000$602/sqft
    Source: Berkshire Hathaway HomeServices Verani Realty #4859991 Report a problem
    5/17/2021Contingent$1,200,000$602/sqft
    Source: PrimeMLS #4859991 Report a problem
    5/11/2021Listed for sale$1,200,000$602/sqft
    Source: PrimeMLS #4859991 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$9,919 +9.8%$1,319,000
    2023$9,035 +15.5%$1,319,000 +106.5%
    2022$7,823 +6.4%$638,600 +7.5%
    2020$7,355 +8.1%$594,100 +8.9%
    2019$6,802 +13.9%$545,500 +2.8%
    2018$5,973 +5.8%$530,500 +18.8%
    2017$5,648 -1.1%$446,500 +1.1%
    2016$5,713 +65.8%$441,500 +67.4%
    2015$3,445 +6.3%$263,800 +3.7%
    2014$3,242 +3.7%$254,500
    2013$3,125 +2.8%$254,500
    2012$3,041 -0.2%$254,500
    2011$3,046 +2.4%$254,500
    2010$2,975 -13.4%$254,500 -21.1%
    2009$3,434 $322,400
    Find assessor info on the county website

    Neighborhood: 03872

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