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  • $2,375,000

    514 Water St, Wakefield, MA 01880

    5beds
    4,716sqft
    : 
    $14,429/mo
    Get pre-qualified
    Single Family Residence
    Built in 2024
    1.07 Acres Lot
    $1,773,700 Zestimate®
    $504/sqft
    $-- HOA

    What's special

    Dramatic tray ceilingGreen egg smokerAttached playroomSleek chrome hardwareDedicated home gymWraparound roof deckInduction cooking
    Architecturally striking 5 bed, 6 bath new construction single family home with in-law apartment, showcases exceptional craftsmanship, thoughtful design and luxurious details throughout. Highlights include a wraparound roof deck and expansive outdoor entertainment area. A dramatic two story foyer welcomes you with a floating staircase and floor to ceiling windows. The matte black chef’s kitchen serves as the heart of the home with induction cooking, center island, wall oven, microwave drawer, sleek chrome hardware, toe kick and under cabinet lighting, and a dramatic tray ceiling. Multi slide pocket doors disappear into the walls, opening the interior to an expansive covered patio with TV hookup, grilling station, Green Egg smoker and skylights. Beyond, a sprawling landscaped lawn extends to a wooded backdrop for added privacy. The main level also offers open dining and living areas with a feature accent wall and floating shelves, an attached playroom, front facing office and thoughtfully designed mudroom with direct access to the impressive, attached 3 car garage. The second floor boasts 9’ ceilings and 5 bedrooms, including an expansive primary suite with oversized picture windows and a luxurious bath with double vanity and oversized dual shower, and a massive walk in closet. A secondary bedroom suite features a private bath and direct access to the wraparound roof deck. The finished lower level offers 8’ tray ceilings, a spacious family room with wet bar, dedicated home gym and a partially finished in-law apartment with kitchen, bedroom, bath and private egress. Efficient low-voltage lighting with detailed lighting features thoughtfully integrated throughout. Ample off street parking in an exceptional location near Breakheart Reservation, MarketStreet Lynnfield and major routes. Call Paul Cirignano for private showing
    9 days
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    1,361
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    63
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    Zillow last checked:

    Listed by

    Paul Cirignano138384781-570-9007

    The Synergy Group781-570-9007

    Source: Zillow

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Central Air
      Features
      • Breakfast Bar, Double Vanity, Eat-in Kitchen, Entrance Foyer, High Ceilings, High Speed Internet, Kitchen Island, Recessed Lighting, Smart Thermostat, Walk-In Closet(s), His and Hers Closets, In-Law Floorplan, Beamed Ceilings
      • Flooring: Hardwood, Tile
      • Has fireplace: Yes
      Interior area
      • Total interior livable area: 4,716 sqft

      Property

      Features
      • Stories: 2
      Lot
      • Size: 1.07 Acres
      Details
      • Parcel number: WAKEM000040B0126P0044CA

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: Yes
      • Year built: 2024
      Details
      • Builder name: Master Builder

      Community & HOA

      Location
      • Region: Wakefield

      Financial & listing details

      • Price per square foot: $504/sqft
      • Tax assessed value: $1,061,600
      • Annual tax amount: $12,049
      • Date on market: 8/14/2026

        Estimated market value

        $1,773,700

        $1.60M - $1.97M

        $7,736/mo

        Price history

        Price history is unavailable.

        Public tax history

        YearProperty taxesTax assessment
        2025$12,049 +111.4%$1,061,600 +109.5%
        2024$5,700 +5.6%$506,700 +10.1%
        2023$5,400 +3.7%$460,400 +9%
        2022$5,205 +6.8%$422,500 +10.4%
        2021$4,872 +4.3%$382,700 +4.6%
        2020$4,670 +5.5%$365,700 +6%
        2019$4,426 +5.3%$345,000 +6.3%
        2018$4,205 +2.9%$324,700 +3.5%
        2017$4,088 -1.7%$313,700 +1.7%
        2016$4,160 +4.9%$308,400 +4.9%
        2015$3,964 +7.5%$294,100 +2%
        2014$3,686 +3.3%$288,400 -0.7%
        2013$3,569 +3.3%$290,400
        2012$3,456 +3.8%$290,400
        2011$3,328 +9.6%$290,400 +4.1%
        2010$3,036 +2.7%$279,000 -1.5%
        2009$2,955 -0.8%$283,300 -8.2%
        2008$2,979 +5.3%$308,700 +3.8%
        2007$2,830 +5.1%$297,300 +2.6%
        2006$2,692 +2.5%$289,800
        2005$2,626 +8.5%$289,800 +36.4%
        2004$2,421 +3.1%$212,400
        2003$2,349 +3.7%$212,400
        2002$2,266 +14.4%$212,400 +46.4%
        2000$1,981 +2.1%$145,100 +4.8%
        1999$1,940 $138,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Montrose

        Getting around

        23 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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