Architecturally striking new construction defined by bold design, meticulous craftsmanship and a sophisticated modern aesthetic. This 4 bedroom, 5 bath home pairs dramatic architectural moments with exceptional attention to detail, including custom millwork and thoughtfully integrated accent lighting throughout. A two story foyer makes an immediate impression with a floating staircase and floor to ceiling windows. The matte black kitchen makes a bold statement with induction cooking, a substantial center island, wall oven, microwave drawer, black hardware, toe kick and under cabinet lighting, and a dramatic illuminated tray ceiling. Multi slide pocket doors disappear into the walls, completely opening the interior to a covered outdoor living space with TV and a grilling station equipped with a Green Egg smoker and sink. Beyond, an expansive landscaped lawn extends to a wooded backdrop, creating a private setting. Open living and dining areas extend to a sundrenched family room, while a front office and thoughtfully designed mudroom with direct access to the attached three car garage add function to the layout. Upstairs, 9 foot ceilings continue through four bedrooms, including an impressive primary suite with oversized picture windows, an expansive walk in closet and an ensuite bath featuring a double vanity, soaking tub and oversized dual shower. A secondary bedroom with ensuite bath opens directly to the wraparound roof deck. The finished lower level offers an expansive family room with an 8 foot illuminated tray ceiling, built in beverage center and layered accent lighting. A dedicated home gym with turf provides a separate fitness space, while a framed in law suite offers the potential for a kitchen, bedroom and bath with private egress. Endless off street parking. Ideally located less than a mile from both Woodville School and Wakefield Memorial High School, with easy access to Breakheart Reservation, MarketStreet Lynnfield and major routes.
For sale
$2,375,000
514 Water St, Wakefield, MA 01880
4beds
6,211sqft
Single Family Residence
Built in 2024
1.07 Acres Lot
$2,294,200 Zestimate®
$382/sqft
$-- HOA
What's special
Sundrenched family roomAttached three car garageMatte black kitchenDramatic illuminated tray ceilingWraparound roof deckExpansive walk in closetInduction cooking
- 22 days
- 2,929
- 195
Zillow last checked:
Listing updated:
Listed by:
The Synergy Group 781-570-9007,
The Synergy Group 888-410-5454
Source: MLS PIN,MLS#: 73579513
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 5
Primary bedroom
- Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting, Lighting - Sconce
- Level: Second
- Area: 375.88
- Dimensions: 23.25 x 16.17
Bedroom 2
- Features: Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting
- Level: Second
- Area: 162.53
- Dimensions: 12.92 x 12.58
Bedroom 3
- Features: Closet, Flooring - Hardwood, Recessed Lighting
- Level: Second
- Area: 149.57
- Dimensions: 10.08 x 14.83
Bedroom 4
- Features: Closet, Flooring - Hardwood, Flooring - Wood, Deck - Exterior
- Level: Second
- Area: 511.73
- Dimensions: 19.25 x 26.58
Primary bathroom
- Features: Yes
Bathroom 1
- Level: First
- Area: 55.21
- Dimensions: 6.25 x 8.83
Bathroom 2
- Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Bathroom - With Shower Stall, Bathroom - With Tub, Flooring - Stone/Ceramic Tile
- Level: Second
- Area: 195.56
- Dimensions: 10.67 x 18.33
Bathroom 3
- Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
- Level: Second
- Area: 78.24
- Dimensions: 10.92 x 7.17
Dining room
- Features: Flooring - Hardwood, Recessed Lighting, Lighting - Pendant
- Level: First
- Area: 265.6
- Dimensions: 17.42 x 15.25
Family room
- Features: Flooring - Hardwood, Recessed Lighting
- Level: First
- Area: 249.04
- Dimensions: 21.5 x 11.58
Kitchen
- Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Lighting - Pendant
- Level: First
- Area: 452.01
- Dimensions: 23.58 x 19.17
Living room
- Features: Flooring - Hardwood, Recessed Lighting
- Level: First
- Area: 399.83
- Dimensions: 19.58 x 20.42
Office
- Features: Flooring - Hardwood
- Level: First
- Area: 111.11
- Dimensions: 10.67 x 10.42
Heating
- Central, Natural Gas
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Range, Dishwasher, Microwave, Refrigerator
- Laundry: Second Floor, Electric Dryer Hookup
Features
- Bathroom - Full, Bathroom - Tiled With Shower Stall, Office, Bathroom, Game Room
- Flooring: Tile, Hardwood, Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Vinyl
- Doors: Insulated Doors
- Windows: Insulated Windows
- Basement: Full,Partially Finished,Walk-Out Access,Interior Entry,Garage Access,Bulkhead,Concrete
- Number of fireplaces: 1
Interior area
- Total structure area: 6,211
- Total interior livable area: 6,211 sqft
- Finished area above ground: 4,716
- Finished area below ground: 1,495
Video & virtual tour
Property
Parking
- Total spaces: 11
- Parking features: Attached, Garage Door Opener, Insulated, Oversized, Off Street, Driveway, Paved
- Attached garage spaces: 3
- Uncovered spaces: 8
Features
- Patio & porch: Porch, Deck - Roof, Covered
- Exterior features: Porch, Deck - Roof, Covered Patio/Deck, Rain Gutters, Professional Landscaping, Fenced Yard
- Fencing: Fenced
Lot
- Size: 1.07 Acres
- Features: Level
Details
- Parcel number: 822929
- Zoning: RES
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range, for Electric Dryer
Green energy
- Energy efficient items: Thermostat
Community & HOA
Community
- Features: Shopping, Highway Access, House of Worship, Public School
HOA
- Has HOA: No
Location
- Region: Wakefield
Financial & listing details
- Price per square foot: $382/sqft
- Tax assessed value: $1,739,500
- Annual tax amount: $20,415
- Date on market: 9/18/2026
Estimated market value
$2,294,200
$2.18M - $2.41M
$6,284/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Listed for sale | $2,375,000$382/sqft |
Source: MLS PIN #73579513 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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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Neighborhood: Montrose
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