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514 Water StWakefield, MA 01880

For Sale

$2,250,000

Smart Buyer Rebate $11,250

Architecturally striking contemporary 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.

Listed by The Synergy Group

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The Synergy Group

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7815709007

Last updated October 25, 2026

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Source: MLSPin #73579513

Listing Facts

  • TypeSingle-family
  • NeighborhoodMontrose
  • Bedrooms4
  • Bathrooms5
  • Days on Prevu43
  • Taxes$20,415/year
  • Size6,211 sqft
  • Price per sqft$362

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Air Conditioning
  • Parking

Location

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Listing History

10/26/2026
Price Decreased
$2,250,000
09/18/2026
Listed by The Synergy Group
$2,375,000
  1. 10/26/2026$2,250,000
    Price Decreased
  2. 09/18/2026$2,375,000
    Listed by The Synergy Group

Property Details for 514 Water St

Exterior

Construction

  • Roof: Shingle
  • Window Features: Insulated Windows
  • Year Built: 2024
  • Year Built Details: Actual
  • Architectural Style: Contemporary
  • Construction Materials: Frame
  • Exterior Features: Rain Gutters, Outdoor Grill, Gas Grill

Features

  • Fencing: Fenced
  • Patio And Porch Features: Porch, Covered, Patio, Deck

Measurements

  • Building Area Total: 6,211
  • Building Area Units: Square Feet
  • Lot Features: Level, Landscaped
  • Lot Size Acres: 1.07
  • Lot Size Area: 1
  • Lot Size Square Feet: 46,688
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 822929
  • Tax Annual Amount: $20,415.00
  • Tax Assessed Value: $1,739,500.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Electric Water Heater, Range, Dishwasher, Microwave, Refrigerator
  • Flooring: Tile, Hardwood
  • Interior Features: Wired For Sound, Pantry, Walk-In Closet(s), Recessed Lighting

Measurements

  • Living Area: 6,211
  • Living Area Source: Public Records

Rooms

  • Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Concrete
  • Has Basement: Yes
  • Bathrooms Full: 5
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 4
  • Rooms Total: 12

Other

Environmental

  • Green Energy Efficient: Thermostat

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 3
  • Garage Spaces: 3
  • Garage: Yes
  • Open Parking Spaces: 12
  • Open Parking: Yes
  • Parking Features: Paved, Attached, Garage Door Opener, Oversized, Off Street, Driveway, Garage
  • Parking Total: 15

Schools

Elementary School

  • Elementary School: Woodville

High School

  • High School: Wakefield High

Middle or Junior School

  • Middle Or Junior School: Galvin

Utilities

Equipment

  • Cooling: Central Air, Zoned
  • Has Cooling: Yes
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Central, Zoned
  • Has Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

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

There are 4 bedrooms and 5 bathrooms in this single-family home at 514 Water St.

What schools are nearby to 514 Water St?

Nearby schools include the Woodville Elementary School, Galvin Middle School, and Wakefield High.

Does this single-family home have parking?

Yes, there are 3 parking spaces available for 514 Water St.

What are the annual taxes for 514 Water St?

Annual taxes for this single-family home are estimated at $20,415.

How does 514 Water St compare to other single-family homes in Montrose?

This single-family home is listed 112% above the average price for single-family homes in Montrose and has been on the market for 19 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 6,211 sqft.

514 Water St is a 4-bedroom, 5-bath single-family home for sale in Wakefield MA 01880. Listed on Prevu for 43 days at $2,250,000. This includes a recent price decrease of $125,000. This property features 6,211 square feet of living space, located in Montrose. The median listing price for single-family homes in this area is $824,450. Nearby schools include Woodville Elementary School, Galvin Middle School, and Wakefield High. Additional amenities include private outdoor space, dishwasher, air conditioning, and parking. View other single-family home listings in Middlesex 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.