Active
28 Days on market
49A Chestnut St #3 Wakefield — Photo 1 of 42

49A Chestnut St #3 Wakefield — Photo 1 of 42

Recent Drop: $16,000

$875,000
$859,000

$859,000

49A Chestnut St #3, Wakefield, MA 01880

Wakefield, MA 01880

Beds

4

Baths

2.5

SqFt

1,736

Style

Condominium

Built

2021

Welcome to a stunning penthouse residence built in 2022 that combines modern luxury, exceptional convenience, and effortless New England living. This spacious 4-bedroom, 2.5-bath home features beautiful finishes throughout, with hardwood flooring, an inviting fireplace, and a thoughtfully designed open-concept layout. At the heart of the home is a spectacular waterfall-edge kitchen island, perfect for entertaining, along with a stylish open-concept bar area that adds an extra touch of sophistication. The spacious living and dining areas flow seamlessly together, creating the ideal setting for both everyday living and hosting guests. Step outside to your private, spacious deck—an exceptional extension of the living space and the perfect spot to enjoy morning coffee, unwind after work, or entertain on warm summer evenings. The penthouse lifestyle continues with dedicated basement storage, providing plenty of space for bikes, seasonal items, and everything in between. And the location is truly a commuter’s dream. Just walking distance to the train, making the commute to Boston remarkably easy, while also putting you close to the natural beauty and recreation of Lake Quannapowitt, scenic jogging trails, parks, restaurants and everything beautiful downtown Wakefield has to offer!

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$495/sqft
Local Avg (Wakefield)$550/sqft
10% BelowMarket Average

* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Wakefield, MA.

Property Details

Financials

Original Price$875,000
Annual Taxes$8,981
HOA Fee$385

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms7
Fireplaces1
Flooring--
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningGR

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Third
Master BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
Second
Living RoomKitchenBathroom 1
Living Room
Lvl Second

Flooring - Hardwood

Kitchen
Lvl Second

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Stainless Steel Appliances

Master Bedroom
Lvl Third

Flooring - Hardwood

Bedroom 2
Lvl Third
Bedroom 3
Lvl Third

Flooring - Hardwood

Bedroom 4
Lvl Third

Flooring - Hardwood

Bathroom 1
Lvl Second
Bathroom 2
Lvl Third
Bathroom 3
Lvl Third

Property History

Price Drop
$859,000

Was $875,000

Aug 26, 2026

MLS® 73562393

Listed
$875,000

Aug 12, 2026

MLS® 73562393

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

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Nick Motsis

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73562393

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