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38 Lake StSpencer, MA 01562

For Sale

$498,000

Smart Buyer Rebate - Ask

Private 4-BR Colonial by Luther Hill Park Spacious 8-room Colonial on a private, elevated hill lot at the end of a dead-end street. Backyard directly borders and accesses Luther Hill Park for beach swimming, lifeguards, fishing, kayaking, canoeing, bicycling, and live entertainment. Main floor features a large eat-in kitchen with a center island, dedicated laundry room, formal dining room, living room, and a massive bonus family room with soaring cathedral ceilings. Upstairs offers 4 spacious bedrooms and 2 full baths, including a primary master suite with cathedral ceilings. Includes an attached 2-car garage. Conveniently located near a local bus line with a straightforward drive to Worcester, Boston, Hartford, Springfield, and Providence. Excellent opportunity to build fast equity.

Last updated September 05, 2026

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Source: MLSPin #73568372

Listing Facts

  • TypeSingle-family
  • NeighborhoodSpencer
  • Bedrooms4
  • Bathrooms3
  • Days on Prevu20
  • Taxes$5,464/year
  • Size2,224 sqft
  • Price per sqft$224

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Parking

Location

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Listing History

09/01/2026
Price Decreased
$498,000
08/26/2026
Listed by
$514,900
  1. 09/01/2026$498,000
    Price Decreased
  2. 08/26/2026$514,900
    Listed by

Property Details for 38 Lake St

Association

Amenities

  • Community Features: Park

Exterior

Construction

  • Roof: Shingle
  • Window Features: Insulated Windows
  • Year Built: 2005
  • Year Built Details: Actual
  • Architectural Style: Colonial
  • Construction Materials: Frame
  • Exterior Features: Lighting

Features

  • Patio And Porch Features: Deck
  • View: Lake, Water, Scenic

Measurements

  • Building Area Total: 2,224
  • Building Area Units: Square Feet
  • Frontage Length: 120
  • Lot Features: Wooded, Sloped
  • Lot Size Acres: 0.64
  • Lot Size Area: 0
  • Lot Size Square Feet: 27,798
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: M:0U15 B:0022 L:0000,1693312
  • Tax Annual Amount: $5,464.00
  • Tax Assessed Value: $497,600.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, ENERGY STAR Qualified Dishwasher, Range Hood, Cooktop, Oven, Plumbed For Ice Maker
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Wood, Tile, Hardwood

Measurements

  • Living Area: 2,224
  • Living Area Source: Owner

Rooms

  • Basement: Full, Partially Finished, Interior Entry, Concrete, Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4
  • Rooms Total: 8

Other

General

  • Exclusions: None All Appliances Are Included In Sale

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Open Parking Spaces: 7
  • Open Parking: Yes
  • Parking Features: Paved, Attached, Off Street, Garage
  • Parking Total: 9

Schools

Elementary School

  • Elementary School: Wire Village

High School

  • High School: David Prouty

Middle or Junior School

  • Middle Or Junior School: Knox Trail

Utilities

Equipment

  • Cooling: Window Unit(s)
  • Has Cooling: Yes
  • Electric: 220 Volts, 200+ Amp Service
  • Heating: Baseboard, Oil, ENERGY STAR Qualified Equipment, Zoned
  • Has Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Other Equipment: Satellite Dish
  • Sewer: Private Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 4 bedrooms and 3 bathrooms in this single-family home at 38 Lake St.

What schools are nearby to 38 Lake St?

Nearby schools include the Wire Village Elementary School, Knox Trail Middle School, and David Prouty High School.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 38 Lake St.

What are the annual taxes for 38 Lake St?

Annual taxes for this single-family home are estimated at $5,464.

How does 38 Lake St compare to other single-family homes in Spencer?

This single-family home is listed 13% below the average price for single-family homes in Spencer and has been on the market for 15 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 2,224 sqft.

38 Lake St is a 4-bedroom, 3-bath single-family home for sale in Spencer MA 01562. Listed on Prevu for 20 days at $498,000. This includes a recent price decrease of $16,900. This home features 2,224 square feet of living space, located in Spencer. The median listing price for single-family homes in this area is $527,490. Nearby schools include Wire Village Elementary School, Knox Trail Middle School, and David Prouty High School. The home offers private outdoor space, dishwasher, parking, and washer/dryer. Explore more single-family home listings in Worcester County.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.