Wakefield, MA Real Estate

Placed within Middlesex County, this community is a part of the Boston metropolitan area. On the south, residents will find Melrose. Stoneham makes up the southwest border, while reading makes up the northwest border. While Saugus is the boundary on the southeast, Lynnfield makes up the city's border on the northeast.

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While Route 128 and Interstate 95 cut near the northwestern border, Route 129 runs directly through the town. Within the community, residents will find a number of different neighborhoods. Woodville is found within the central-eastern part of the city. Meanwhile, Lakeside is found on the northern side of the city. It includes the shoreline of Lake Quannapowitt, which makes it a desirable area for luxury homes.

Residents will find the Greenwood neighborhood on the south of the city. This neighborhood is so large that it is sometimes labeled as a different city when it is placed on maps. On the northeastern side, residents will find the Montrose neighborhood. This neighborhood is where residents will discover many of the town's smaller ponds.

On the west of Crystal Lake and Lake Quannapowitt, residents will find the West Side. The East Side is actually fairly central in the town, and Woodville is actually to the east of East Side. Meanwhile, the downtown area is just north of the north shore of Crystal Lake and runs to the southern side of Lake Quannapowitt.

Each neighborhood offers a different culture and environment, so residents should do their research before they buy a home. Some of the most popular neighborhoods are close to the lake. In these areas, residents can find lakeside properties and apartments with waterfront views.

Single-Family Houses for Sale

Within this vibrant area, residents can find a range of historic properties and modern homes. The most common house styles in the area are Colonial, ranch and Garrison homes. Right now is an excellent time to buy homes in the area. In the last year, the median home price has dropped by $12,000. It has fallen by 3 percent to reach a median price of $465,000. At the same time, the average price per square foot increased from $285 to $304.

This indicates a good potential for investors and home buyers. Many of the surrounding neighborhoods are already watching as home prices jump up significantly. For the savvy investor, buying now is a good way to enter the marketplace before home prices become unreasonable.

Residents within the area can find a one-bedroom home for a median sales price of $238,000. For a two-bedroom property, residents can expect to pay $393,000. A three-bedroom home fetches a median price of $481,000. Meanwhile, four-bedroom units receive a median price of $550,000.

While many of the properties available right now are townhomes and condos, there are single-family homes available from time to time. Known for its desirable amenities and recreational options, this town is a thriving, suburban community. With a bit of luck and a little research, residents can find their dream home within this area.

Condos and Townhouses for Sale

Residents in the area can find a variety of condos and townhomes for sales. Ranging from basic options to luxury condos, these homes are available in nearly every neighborhood in the city. Depending on the property, the amenities can range from swimming pools to outdoor barbecues.

Constructed in 2002, Crown Ridge Village is designed with three-story townhomes. All of the units are equipped with hardwood flooring, gas fireplaces and two-car garages. Placed at 894 Main Street, this complex includes 20 units. Within these charming units, residents will find cathedral ceilings and large, walk-in closets. Every home is equipped with a private deck and patio. Residents can select between two-bedroom and three-bedroom layouts. Each home offers 1,258 to 1,892 square feet of living space. Units are equipped with lofts, granite counters and stainless steel appliances.

At Wakefield Station, residents can enjoy having one of the newest homes in the area. Just completed in 2017, this mixed-use development includes 60 units. Residents can select between one-bedroom and two-bedroom layouts. Each home is outfitted with a gas stove, hardwood floors and stainless steel appliances. Boasting of desirable amenities like granite counters, these units include high-end finishes. Residents can enjoy having 24/7 concierge services and a state-of-the-art fitness room. On weekends, tenants can enjoy grilling on the outdoor patio and roof deck. As an added convenience, the property is equipped with heated garage parking.

Placed at 410 Salem Street, the Heron Pond Condos include 106 units. Constructed in 2006, this property is placed on 13 manicured acres. Residents will find garden-style condos and two ponds on the property. Within the bright units, tenants can enjoy having gorgeous hardwood floors, private patios and gated access. These units boast of open floor plans. In the kitchens, residents will discover stainless steel appliances, granite counters and a breakfast island. The Heron Pond Condos include amenities like full basements, professional landscaping, two-car garages and a club room.

Designed with extra storage space, the Millbrook Estates is a condominium in the East Side neighborhood. Built in just 2002, this property is designed with deeded parking and elevator parking. While this property is close to downtown, it is tucked away from the busy main street. Residents at this three-story building can enjoy having amenities like private balconies, open layouts, breakfast bars and in-unit laundry. Residents can select between one-bedroom and two-bedroom layouts. Depending on the layout, residents can enjoy 697 to 1,103 square feet of living space.

While many of the condominiums are placed within new, modern complexes, there are some historic options in the area. The Franklin School condos were originally constructed in 1920. Placed at 100 Nahant Street, these condominiums were completely transformed in 2014 to a modern complex. While they boast of modern amenities, the historic structure still remains. Spanning a total of 20 units, this complex boasts of private garage parking. Residents can enjoy community amenities like a landscaped patio, over-sized storage units and a grilling area. Buyers can choose between one-bedroom and two-bedroom layouts. Each layout offers 694 to 1,658 square feet of space. In the master bedrooms, residents will discover a dressing area, a walk-in closet and a master bathroom. The master bathrooms are designed with dual vanities. Throughout the unit, residents will find hardwood floors, over-sized windows and custom built-ins.

Constructed in 2005, Wakefield Crossing is a fairly standard example of luxury condos in the area. Encompassing a total of 130 units, this complex is only a few minutes away from Route 28 and Route 95. Residents at the property will find one-bedroom and two-bedroom homes with 739 to 2,086 square feet of living space. Boasting of an open concept, these units are designed with walk-in closets and large bedrooms. Each unit is outfitted with gorgeous cathedral ceilings. Equipped with private storage space, the apartments offer an in-unit laundry, central air conditioning and stainless steel appliances. On cold nights, residents can curl up in front of their fireplace. Plus, residents at the complex can enjoy having garage parking, an exercise room and a club room.

Located at 974 Main Street, the Granite Knoll Condominiums were just constructed in 2004. Designed with 28 units, this condominium property offers one-bedroom and two-bedroom layouts with one or two bathrooms. These units are 703 to 1,254 square feet in size. Every unit features central air conditioning and an in-unit laundry. As an added convenience, residents can enjoy having a deeded spot in the underground parking garage.

At most of the condominiums in the area, residents can expect the management team to take care of snow removal, landscaping and exterior maintenance. Many of these properties include amenities like fitness centers, garage parking and outdoor spaces. From basic options to luxury amenities, these condos are surprisingly well-priced for the area.

Apartments in the Area

Renters can find a number of excellent rentals within this community. Residents often move to the area because of its high-quality schools, beautiful outdoor areas and vibrant civic life. Within this area, residents can find typical apartments as well as townhomes and duplexes. The community boasts of a variety of Garrison, Colonial and ranch-style homes. Some of these homes have also been converted into additional multi-family units for added rental options.

The apartments offer a wide range of amenities. Residents can find studio to three-bedroom units in modern buildings. Many of the apartments are placed at a convenient location so that tenants can easily reach local restaurants and stores. These homes often boast of large floor plans and open concept layouts. Depending on the property, residents can enjoy having a pet-friendly policy.

In this area, one of the top destinations is Lake Quannapowitt. Many of the best apartments are placed close to the lake. Even when residents do not actually get a lakeside view, they can still access the lake for water sports and hiking.

At 14 Audubon Road, residents will find the Everly. Placed close to the lake, this complex is equipped with a fitness center with Fitness on Demand classes. On the interior of the homes, residents will find gourmet kitchens with stainless steel appliances, tiled backsplashes, granite counters and espresso cabinetry. Each unit is outfitted with a soaking tub in the master bathroom. The bathrooms also include framed mirrors and cultured marble counters. IN addition, residents will find a full-sized washer and dryer in every home. Select apartments offer private balconies or patios and amazing views. Within this smoke-free property, residents will find ChargePoint charging stations, a yoga studio, an outdoor kitchen, an exclusive lounge and a salt water pool.

The Spartan Group East offers a comfortable, relaxed living experience. Placed at 1077 Main Street, this apartment complex offers off-street parking and controlled access features. Residents can work out in the swimming pool or state-of-the-art fitness center. Spanning a total of 54 units, this complex offers patios, balconies or decks in every apartment. Tenants can enjoy amenities like carpeting, air conditioning, garbage disposals and dishwashers. Designed with an on-site laundry facility, this property includes some of the utilities in the price of rent.

Tenants can check out one of the area's most convenient rentals at 12 Melrose Terrace. Within the Melrose Terrace, residents will find controlled access features for the 18 units. Constructed in 1977, this property stands three stories tall. Designed with a pet-free policy, this rental complex boasts of high speed internet access, wall-to-wall carpeting and cable-ready units. As an added convenience, every unit receives a parking space in the on-site lot.

Placed at 105 Hopkins Street, the Wakefield Vista is a premier rental complex. Residents can enjoy living within a quiet, residential neighborhood that is close to suburban amenities. Each unit is thoughtfully designed with ample closets, stainless steel appliances and over-sized windows. Throughout the apartments, residents will find hardwood flooring and air conditioning. Designed with balconies, these apartments are outfitted with an in-unit washer and dryer. For community amenities, the management team offers a clubhouse, a fitness center and covered parking.

Other than the larger apartment complexes, residents can find single-family homes, duplexes and townhomes for rent. Some of the larger homes have been converted into modern rental properties. Within these properties, residents will find a charming blend of historic architecture and modern amenities. No matter what residents are looking for, this area offers an impressive variety of options.

Recent Housing and Rental Market News

One of the larger developments in the area is the Edgewater Office Park. While much of the building dates to an older time period, 601 and 701 Edgewater Drive were just constructed in 2000. In 2012, the property was purchased by a new management team. These two office buildings encompass a total of 320,000 square feet. Tenants enter the building through a two-story atrium. Designed with a cafeteria and kitchen facilities, this property also offers free-standing parking structures.

One of the newest condominium developments in the area can be found at Wakefield Station. Boasting of one-bedroom and two-bedroom homes, these units are designed with top-of-the-line finishes. Residents can enjoy amenities like sleek hardwood floors, granite counters and gas stoves. The community amenities include a modern gym, outdoor grilling stations and a rooftop deck. Residents can enjoy having heated garage parking and 24/7 concierge services.

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