
514 Water St Wakefield — Photo 1 of 42
Beds
4
Baths
5
SqFt
6,211
Style
Single Family
Built
2024
Architecturally striking new construction defined by bold design, meticulous craftsmanship and a sophisticated modern aesthetic. This 4 bedroom, 4.5 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, chrome 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.
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Market Value Analysis
* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Wakefield, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Shopping • Highway Access • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First19.583333333 x 20.416666666
Flooring - Hardwood, Recessed Lighting
Dining Room
Lvl First17.416666666 x 15.25
Flooring - Hardwood, Recessed Lighting, Lighting - Pendant
Kitchen
Lvl First23.583333333 x 19.166666666
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Lighting - Pendant
Office
Lvl First10.666666666 x 10.416666666
Flooring - Hardwood
Family Room
Lvl First21.5 x 11.583333333
Flooring - Hardwood, Recessed Lighting
Primary Bedroom
Lvl Second23.25 x 16.166666666
Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting, Lighting - Sconce
Bedroom 2
Lvl Second12.916666666 x 12.583333333
Bedroom 3
Lvl Second10.083333333 x 14.833333333
Closet, Flooring - Hardwood, Recessed Lighting
Bedroom 4
Lvl Second19.25 x 26.583333333
Closet, Flooring - Hardwood, Flooring - Wood, Deck - Exterior
Bathroom 1
Lvl First6.25 x 8.833333333
Bathroom 2
Lvl Second10.666666666 x 18.333333333
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Bathroom - With Shower Stall, Bathroom - With Tub, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl Second10.916666666 x 7.166666666
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Population
27,793
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$134K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
29.3%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 6,211 sq ft principal dwelling). Lot size: 46,688 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Listing Agent: The Synergy Group
Listing Office: The Synergy Group
MLS® Number: 73579513
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