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Bean Group
Offered at $2,600,000Active
beds
6
baths
4
sq ft
3,534
Built
1910

7 Lakeview Terrace

Winchester, MA 01890

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.

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Photo-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.

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.