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Bean Group
Offered at $849,000Active
beds
3
baths
3
sq ft
1,971
Built
2003

48 Lambs Grove

Spencer, MA 01562

About this home

Welcome to your own waterfront retreat nestled on a peninsula on beautiful Sugden Reservoir! Nestled at the end of a cul-de-sac, this exceptional property boasts 168 feet of direct water frontage on a full recreational lake (85 acres), offering your OWN boat launch,breathtaking sunset views and a tranquil setting you’ll never want to leave. The stunning, fully renovated kitchen is designed to capture spectacular lake views all while dining. Just off the kitchen, a charming dining room with a fieldstone fireplace and pellet stove creates the perfect place to relax with an opening into the sun-filled great room, flanked with windows and a slider to the spacious deck where you can enjoy morning coffee overlooking the lake or entertain family and friends while watching the sunset! The home features beautiful maple hardwood flooring throughout the main living areas on the first floor, a spacious primary bedroom, guest bdrm and an additional room ideal for a home office or tandem third bdrm. As per seller a fantastic 2005 addition and 2024 updates, including kitchen, pellet stove, roof, wood deck,replacement windows, siding, exterior doors and insulation are just a wonderful bonus! Outside, you’ll find two welcoming covered front porches, outdoor shower, patio by the water, dock, shed and an additional deck off the kitchen and great room, and plenty of outdoor space to enjoy this exceptional setting. A 20’ x 23’ two-car garage provides ample storage. This is lakefront living at its finest with million-dollar views from the kitchen, great room, and primary bedroom. A rare opportunity to own a slice of waterfront paradise!

Listing last checked: Listing updated:

Listed by Team Cuoco · Cuoco & Co. Real Estate · MLS #73559720

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Details at a glance

Interior6 property facts
Rooms
7
Heating
Baseboard, Oil, Pellet Stove, Ductless
Cooling
Ductless
Flooring
Tile, Vinyl, Carpet, Hardwood, Laminate
Basement
Yes · Full, Partially Finished, Walk-Out Access, Interior Entry, Concrete, Unfinished
Fireplaces
1
Building6 property facts
Style
Single Family Residence
Year built
2003
Garage
2
Parking
14
Foundation
Concrete Perimeter, Block
Roof
Shingle
Land & utilities6 property facts
Lot size
0.29 acres
Water
Private
Sewer
Holding Tank
Waterfront
Y
Pool
Not reported
Zoning
LR
Financial3 property facts
Annual taxes
$5,021
Assessment year
2023
HOA fee
$50 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $849,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$4,711 / monthAdjust
Principal & interest
$4,293
Property tax
$418
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $5,021. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $50. The billing period was not supplied; confirm the monthly amount before adding it.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Automated value estimate $875,730

Estimated range $849,806–$901,654.

Automated estimates are not appraisals or guarantees of market value.

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Comparable properties 3 supplied

Sold Aug 14, 2026

$845,000

22 Briarwood Drive

Sold Jul 1, 2026

$782,000

51 Frederick A Nittel Dr

Sold Jul 14, 2026

$887,000

27 Kennedy Ave

Photo-based condition insights

Overall presentation: average

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About 48 Lambs Grove

Can I request a private showing?

Request a tour of 48 Lambs Grove and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.