
38 Lake St Spencer — Photo 1 of 27
$514,900
Spencer, MA 01562
Beds
4
Baths
2.5
SqFt
2,224
Style
Single Family
Built
2005
Private 4-BR Colonial by Luther Hill Park Spacious 8-room Colonial on a private, elevated hill lot at the end of a dead-end street. Backyard directly borders and accesses Luther Hill Park for beach swimming, lifeguards, fishing, kayaking, canoeing, bicycling, and live entertainment. Main floor features a large eat-in kitchen with a center island, dedicated laundry room, formal dining room, living room, and a massive bonus family room with soaring cathedral ceilings. Upstairs offers 4 spacious bedrooms and 2 full baths, including a primary master suite with cathedral ceilings. Includes an attached 2-car garage. Conveniently located near a local bus line with a straightforward drive to Worcester, Boston, Hartford, Springfield, and Providence. Excellent opportunity to build fast equity.
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Spencer, MA.
Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer • ENERGY STAR Qualified Dishwasher • Range Hood • Cooktop • Oven • Plumbed For Ice Maker
Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Public School
Bathroom - Full, Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Wall to Wall Carpet, High Speed Internet Hookup, Closet - Double
12,008
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
$81K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
37.0%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
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 2,224 sq ft principal dwelling). Lot size: 27,798 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: Jonathan Minerick
Listing Office: homecoin.com
MLS® Number: 73568372
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