About this home
RARE WATERFRONT OPPORTUNITY on Upper Mystic Lake with spectacular sunset views! Tucked away on Lakeview Terrace, this special 1910 home offers a combination rarely found in Winchester: waterfront living, privacy, beautiful southwest light and exceptional convenience. Gracious rooms, period details and quality craftsmanship give the home wonderful character, while its generous layout offers an exciting opportunity to update and create something truly special. The home features 5-6 bedrooms, a home office and expansive living spaces designed to take advantage of the lake views. The kitchen, renovated some years ago, was thoughtfully positioned so the view can be enjoyed while preparing meals. An unfinished lower level with high ceilings offers additional possibilities. Just steps from Wedgemere Commuter Rail Station, 1/2 mile to Shannon Beach and less than a mile to Winchester Center via the Tri-Community Bikeway. A remarkable setting, beautiful sunsets and an opportunity that may not come again for years. Don't delay your visit!
Listing last checked: Listing updated:
Listed by Elizabeth Darby · Berkshire Hathaway HomeServices Commonwealth Real Estate · MLS #73578443
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Details at a glance
Interior6 property facts
- Rooms
- 11
- Heating
- Steam, Oil
- Cooling
- None
- Flooring
- Tile, Carpet, Hardwood, Flooring - Hardwood
- Basement
- Yes · Unfinished
- Fireplaces
- 3
Building5 property facts
- Style
- Single Family Residence
- Year built
- 1910
- Garage
- 2
- Parking
- 3
- Foundation
- Stone
Land & utilities6 property facts
- Lot size
- 0.23 acres
- Water
- Public
- Sewer
- Public Sewer
- Waterfront
- Y
- Pool
- Not reported
- Zoning
- RDB
Financial2 property facts
- Annual taxes
- $27,283
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $2,600,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$15,421 / monthAdjust
- Principal & interest
- $13,147
- Property tax
- $2,274
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $27,283. 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 $2,695,985
Estimated range $2,559,289–$2,832,680.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: above average
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About 7 Lakeview Terrace
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Request a tour of 7 Lakeview Terrace and a Bean Group agent will help coordinate an available time with the listing side.
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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