OFF MARKET

Off market dec 2024 for $2.3M

$2,771,253

Est. refi paymentEst. refi $6,363/mo

•

4,247

sq ft

40 Lake Dr, Needham, MA 02492

About this home

Welcome home to 40 Lake Drive - a new construction colonial built by a premier local builder. The open first floor boasts a stunning gourmet kitchen and dining area, a charming mudroom off the heated garage, fully equipped with an electric car charger, a stylish 1/2 bath, and a cozy family room with a gas fireplace. Bathed in an abundance of natural light from oversized windows, this level also features a versatile bedroom (or office) with a full bath. Upstairs, you'll find four luxurious bedrooms, each with an en-suite bathroom, including the primary suite with soaring ceilings and breathtaking views of the conservation area. A convenient laundry room is also located on the second level. The finished basement offers ample flex space, perfect for a media room, family room, playroom, gym, and more. Ideally situated next to the picturesque Rosemary Trails and Lake, and close proximity to the Rosemary Pool, the commuter line, and all of Needham's fantastic restaurants and shops!

Single-familyProperty Type

2024Year Built

0.33 acresLot Size

$653Est. Price/Sq.Ft.

2 garage spacesParking

Listed by The Samantha Eisenberg Group • Compass

Bought with Meg Beers • Compass

Redfin checked: a minute ago

•Source:MLS PIN #73287929

Redfin Estimate

$2,771,253

$471K since sold in December 2024$21K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 15.2% higher than the average sale price ($2.40M) of 6 comparable homes.

SOLD AUG 26, 2026
$2,015,000
A
5 beds3.5 baths3,988 sq ft
180 Meetinghouse Cir, Needham, MA 02492
SOLD AUG 25, 2026
$3,250,000
B
6 beds6.5 baths5,700 sq ft
61 Pleasant St, Needham, MA 02492
SOLD JUL 15, 2026
$2,250,000
C
5 beds4.5 baths3,737 sq ft
34 Pond, Needham, MA 02492
SOLD OCT 9, 2026
$1,700,000
D
4 beds4.5 baths4,532 sq ft
341 West St, Needham, MA 02494
SOLD JUL 23, 2026
$2,650,000
E
6 beds5.5 baths5,600 sq ft
84 Nardone Rd, Needham, MA 02492
SOLD SEP 25, 2026
$2,562,500
F
5 beds4 baths5,113 sq ft
15 Hawthorn Ave, Needham, MA 02492

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Earn from this home

Sell

$854,910

Est. take-home

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Refinance

Est. cash available

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Rent

$4,326/mo

Redfin rental estimate

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Market trends in 02492, MA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

99.4%

1.1% MoM

Median sale price

$1.7M

$42K MoM

Avg. days on market

27d

6 days MoM

Recently sold homes

4 MoM

New listings for sale

$2,786,000
6 beds5 baths6,100 sq ft
57 Mayflower Rd, Needham, MA 02492
OPEN SUN, 11AM TO 2PM
$1,895,000
5 beds3 baths5,232 sq ft
178 South St, Needham, MA 02492
$1,875,000
5 beds4.5 baths3,548 sq ft
18 Grant St, Needham, MA 02492
OPEN SUN, 11AM TO 12:30PM
$1,075,000
3 beds1.5 baths1,416 sq ft
103 Marked Tree, Needham, MA 02492
OPEN SUN, 12PM TO 1PM
$2,039,000
4 beds3.5 baths4,120 sq ft
829 Greendale Ave, Needham, MA 02492
$529,000
2 beds2 baths1,353 sq ft
1212 Greendale Ave #333, Needham, MA 02492
See all

Provided by Redfin

Sale history for 40 Lake Dr

Date

Event

Price

MLS PIN #73287929

Dec 10, 2024

Sold

$2,300,000

$542/sq ft

Oct 7, 2024

Contingent

—

Sep 10, 2024

Listed

$2,483,000

$585/sq ft

MLS PIN #73086079

Apr 14, 2023

Sold

$983,000

$231/sq ft

Mar 9, 2023

Listed

$850,000

$200/sq ft

Opportunity knocks to design/build the home of your dreams or renovate the existing property on a large 14,323 sf lot in the heart of Needham Center on a quiet cul de sac. Ideal commuter location within a short distance to the downtown commuter rail station, shopping, restaurants, St. Josephs School. Located in the New Sunita Williams Elementary School district. This sprawling ranch has a flowing floor plan & hardwood throughout making this a great option for empty nesters or renovators looking for a great loc. The fireplaced living room is open to dining room area. Screened in three season porch leads to 2 car garage. The rear facing main bedroom has an en- suite bath. There are two other bedrooms w/ hardwood flooring that share a tiled bath. Walk up attic, partially finished lower level. The property is & being sold "AS IS" with buyer to do their own due diligence. Showings begin on Fri. 3/10 by appt. OPEN HOUSES Sat. 3/11 & Sun. 3/12 12-2. Offer deadline by Mon. 3/13 @4pm.

Public Records

Jun 26, 1991

Sold

$230,000

$54/sq ft

Year

Property tax

Land + Additions

Assessment*

2023

$9,145 (+4.9%)

$511,700 + $189,600

$701,300

2022

$8,717 (+2.6%)

$470,100 + $181,900

$652,000

2021

$8,496 (+2.1%)

$470,100 + $181,900

$652,000

2020

$8,325 (+8.0%)

$470,100 + $196,400

$666,500

2019

$7,710 (+4.3%)

$428,000 + $194,300

$622,300

2018

$7,393 (+3.8%)

$428,000 + $194,300

$622,300

2017

$7,120 (+2.6%)

$428,000 + $170,800

$598,800

2016

$6,938 (+10.5%)

$428,000 + $173,200

$601,200

2014

$6,279 (+3.0%)

$373,100 + $166,300

$539,400

2013

$6,095 (+3.2%)

$373,100 + $166,300

$539,400

2012

$5,906 (+3.6%)

$373,100 + $166,300

$539,400

2011

$5,701 (+3.5%)

$373,100 + $149,900

$523,000

2010

$5,507 (+5.7%)

$373,100 + $149,900

$523,000

2009

$5,209

$373,100 + $149,900

$523,000

Tax history for 40 Lake Dr

Year

Property tax

Land + Additions

Assessment*

2023

$9,145 (+4.9%)

$511,700 + $189,600

$701,300

2022

$8,717 (+2.6%)

$470,100 + $181,900

$652,000

2021

$8,496 (+2.1%)

$470,100 + $181,900

$652,000

2020

$8,325 (+8.0%)

$470,100 + $196,400

$666,500

2019

$7,710 (+4.3%)

$428,000 + $194,300

$622,300

2018

$7,393 (+3.8%)

$428,000 + $194,300

$622,300

2017

$7,120 (+2.6%)

$428,000 + $170,800

$598,800

2016

$6,938 (+10.5%)

$428,000 + $173,200

$601,200

2014

$6,279 (+3.0%)

$373,100 + $166,300

$539,400

2013

$6,095 (+3.2%)

$373,100 + $166,300

$539,400

2012

$5,906 (+3.6%)

$373,100 + $166,300

$539,400

2011

$5,701 (+3.5%)

$373,100 + $149,900

$523,000

2010

$5,507 (+5.7%)

$373,100 + $149,900

$523,000

2009

$5,209

$373,100 + $149,900

$523,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.33 Acres

Year renovated

1999

Sq. Ft.

1,317

Year built

1955

Style

Single Family Residential

County

Norfolk County

APN

140180

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 21, 2023.

Aug 6, 2024 • Final

Building permit - residential (single, 2-family or townhouses) projects

New construction

Jan 9, 2024 • Final

Building permit - residential (single, 2-family or townhouses) projects

Remodel

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Has Garage
Has Open Parking
# of Garage Spaces: 2
# of Covered Spaces: 2
Parking Spaces: 2
AttachedGarageYN: Yes
Parking Features: Attached, Paved Drive, Paved

Interior

Master Bedroom Information
Area: 198
Length: 18
Width: 11
Level: Second
Features: Bathroom - Full,Flooring - Wood

Bedroom #2 Information
Area: 121
Length: 11
Width: 11
Level: Second
Features: Bathroom - Full,Flooring - Wood

Bedroom #3 Information
Area: 143
Length: 13
Width: 11
Level: Second
Features: Bathroom - Full,Flooring - Wood

Bedroom #4 Information
Area: 156
Length: 13
Width: 12
Level: Second
Features: Bathroom - Full,Flooring - Wood

Bedroom #5 Information
Area: 221
Length: 13
Width: 17
Level: First
Features: Flooring - Wood

Bathroom Information
# of Bathrooms (Full): 6
# of Bathrooms (Half): 1
Master Bathroom Features: Yes

Bathroom #1 Information
Area: 36
Length: 4
Width: 9
Level: First
Features: Bathroom - Half

Bathroom #2 Information
Area: 50
Length: 5
Width: 10
Level: First
Features: Bathroom - Tiled With Shower Stall

Bathroom #3 Information
Area: 126
Length: 14
Width: 9
Level: Second
Features: Bathroom - Full,Double Vanity

Living Room Information
Area: 441
Length: 21
Width: 21
Level: First
Features: Flooring - Wood

Family Room Information
Area: 414
Length: 18
Width: 23
Level: Basement
Features: Flooring - Vinyl

Dining Room Information
Area: 240
Length: 10
Width: 24
Level: First
Features: Flooring - Wood

Kitchen Information
Area: 216
Length: 9
Width: 24
Level: First
Features: Flooring - Wood

Basement Information
Basement: Full, Bulkhead

Laundry Information
Laundry Dimen: 6X5
Laundry Features: Flooring - Stone/Ceramic Tile, Electric Dryer Hookup, Second Floor

Fireplace Information
Has Fireplace
# of Fireplaces (Total): 1
Fireplace Features: Living Room

Interior Features
# of Rooms (Total): 11
Door Features: Insulated Doors
Window Features: Insulated Windows
Flooring: Wood, Vinyl, Flooring - Vinyl, Flooring - Stone/Ceramic Tile
Interior Features: Bathroom - Full, Bathroom - With Shower Stall, Bathroom - Tiled With Tub, Closet, Closet/Cabinets - Custom Built, Bathroom, Play Room, Mud Room

Exterior

Building Information
Building Area (Total): 4,247
Foundation Details: Concrete Perimeter
Construction Materials: Frame
Year Built Source: Builder
Year Built Details: Actual
Color: White

Exterior Features
Roof: Shingle
Patio And Porch Features: Patio
Exterior Features: Patio, Rain Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting

Property Information
PropertySubType: Single Family Residence
Green Energy Efficient : Thermostat

Lot Information
Lot Size (Acres): 0.33
ViewYN: Has View
View: Scenic View(s)
Road Frontage Type: Public

Financial

Tax Information
Tax Annual Amount: $8,976
Tax Year: 2024

Utilities

Utility Information
Utilities: for Gas Range, for Gas Oven, for Electric Dryer
Sewer: Public Sewer
Water Source: Public
Electric: 200+ Amp Service

Heating & Cooling
Has Heating
Has Cooling
Heating: Propane, Hydro Air
Cooling: Central Air

Location

Location Information
Directions: May to Lake Drive
UnparsedAddress: 40 Lake Dr., Needham MA 02492

Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Pool, Walk/Jog Trails, Conservation Area

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,317
Stories: 1.0
Lot Size: 0.33 acres
Style: Single Family Residential
Year Built: 1955
Year Renovated: 1999
County: Norfolk County
APN: 140180

Home facts updated by county records on Jul 21, 2023

Other

Miscellaneous Information
Heat Zones: 3

Listing Information
StandardStatus: Closed

Around this home

Schools

K - 12
Preschool & daycare

High Rock School

Public 6 • Assigned • 0.7mi

10/10

Needham High School

Public 9-12 • Assigned • 0.4mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 97° expected this year, 15 days in 30 years

6/10 Wind Factor

54% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Needham, MA • 02492

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

9 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$2.63M – $3.19M

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57 Mayflower Rd, Needham, MA 02492

Outdoor kitchen • Circular driveway • Central ac

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Original details • Wood burning hearths • Gourmet kitchen

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Deeded parking • $859 HOA • Parking

Home values near 40 Lake Dr

Data from public records.

Address	Redfin Estimate
5 Lake Drive, Needham, MA 3 Beds \| 2 Baths \| 1404 Sq. Ft.	$1,031,827
37 Lake Drive, Needham, MA 3 Beds \| 2 Baths \| 1128 Sq. Ft.	$1,015,900
16 Lake Drive, Needham, MA 2 Beds \| 1.5 Baths \| 1038 Sq. Ft.	$939,050
210 May Street, Needham, MA 5 Beds \| 3.5 Baths \| 2714 Sq. Ft.	$1,544,088
232 May Street, Needham, MA 3 Beds \| 3 Baths \| 2078 Sq. Ft.	$1,449,957
128 Garden Street, Needham, MA 4 Beds \| 1.5 Baths \| 2321 Sq. Ft.	$1,179,748
100 Garden Street, Needham, MA 3 Beds \| 1 Baths \| 1346 Sq. Ft.	$929,930

Address	Redfin Estimate
19 Lake Drive, Needham, MA 3 Beds \| 2 Baths \| 1652 Sq. Ft.	$1,012,569
32 Lake Drive, Needham, MA 3 Beds \| 1.5 Baths \| 1482 Sq. Ft.	$972,872
6 Lake Drive, Needham, MA 4 Beds \| 2 Baths \| 1440 Sq. Ft.	$1,078,166
218 May Street, Needham, MA 4 Beds \| 2.5 Baths \| 3365 Sq. Ft.	$1,683,949
280 Nehoiden Street, Needham, MA 4 Beds \| 2.5 Baths \| 2503 Sq. Ft.	$1,282,970
114 Garden Street, Needham, MA 4 Beds \| 1.5 Baths \| 2715 Sq. Ft.	$1,338,362
109 Garden Street, Needham, MA 5 Beds \| 3.5 Baths \| 4000 Sq. Ft.	$2,215,093

Address	Redfin Estimate
25 Lake Drive, Needham, MA 4 Beds \| 2.5 Baths \| 3800 Sq. Ft.	$2,205,853
24 Lake Drive, Needham, MA 3 Beds \| 2.5 Baths \| 3408 Sq. Ft.	$2,187,285
11 Lake Drive, Needham, MA 4 Beds \| 4 Baths \| 3085 Sq. Ft.	$1,611,303
226 May Street, Needham, MA 3 Beds \| 1.5 Baths \| 2370 Sq. Ft.	$1,327,426
134 Garden Street, Needham, MA 4 Beds \| 1.5 Baths \| 1716 Sq. Ft.	$952,159
108 Garden Street, Needham, MA 4 Beds \| 2.5 Baths \| 1910 Sq. Ft.	$1,402,327
115 Garden Street, Needham, MA 3 Beds \| 3 Baths \| 1619 Sq. Ft.	$1,187,629

Property information provided by MLS PIN when last listed in 2024. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 02492, MA

Sale history for 40 Lake Dr

Tax history for 40 Lake Dr

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 02492

Home values near 40 Lake Dr

More real estate resources