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Bean Group
Offered at $799,000Active
beds
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baths
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sq ft
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Built
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39 Lot-1 Montrose Ave

Wakefield, MA 01880

About this home

New to Market! Rare opportunity to own an expansive 3.12-acre private oasis, perfect for a single-family estate. A long, scenic driveway creates a beautiful entryway to a deeply private lot featuring a massive, landscaped yard. Due to frontage constraints and conservation wetlands, this sprawling acreage is ideally suited as a single, ultra-private single family lot with the incredible flexibility to add a separate detached ADU building for extended family. The property currently includes a charming, highly livable 3 bed, 2 full bath Cape style home with a newer roof and a modernized kitchen, allowing you to live comfortably or collect rental income while finalizing your architectural plans. Bring your vision to life on this massive lot by building a detached garage, installing an expansive pool, or clearing the site entirely to construct your brand-new custom luxury estate. This unique parcel provides an unmatched canvas of space, privacy, and long-term potential just minutes from local shopping and highway access. Buyer to perform all due diligence regarding building layout, frontage, and ADU permitting.

Listing last checked: Listing updated:

Listed by The Synergy Group · The Synergy Group · MLS #73585293

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Details at a glance

Interior1 property facts
Basement
Not reported
Building1 property facts
Style
Residential
Land & utilities5 property facts
Lot size
3.2 acres
Water
Public
Sewer
Public Sewer
Pool
Not reported
Zoning
RES
Financial2 property facts
Annual taxes
$8,085
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $799,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$4,714 / monthAdjust
Principal & interest
$4,040
Property tax
$674
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $8,085. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

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 $842,544

Estimated range $766,315–$918,774.

Automated estimates are not appraisals or guarantees of market value.

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Comparable properties 3 supplied

Sold Aug 6, 2026

$800,000

55 Chestnut St

Sold Aug 17, 2026

$750,000

704 Metropolitan Ave

Sold Aug 12, 2026

$725,000

18 Commodore Ln

Photo-based condition insights

Overall presentation: average

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About 39 Lot-1 Montrose Ave

Can I request a private showing?

Request a tour of 39 Lot-1 Montrose Ave 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.