Price Reduction - Waterfront
Address
457 Lovell Lake Road, Wakefield, NH
Price
$ 995,000
Property Attributes
- MLS#5090727
- TypeSingle Family
- Listing Status Active
- CountyCARROLL
- CityWakefield
- AreaCarroll
- NeighborhoodLovell Lake
- Zip03872
- StyleCape
- Year Built1930
- Price$ 995,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage986
- Lot Size0.56 Acres
Data Source:
PrimeMLS
Property Description
Set on the shores of crystal-clear Lovell Lake, this exceptional waterfront parcel with ~259± feet of frontage offers a rare blend of immediate enjoyment and long-term upside. The existing circa 1930 seasonal cottage provides ~840 sq. ft. of living area with 3 bedrooms and 1 bath, ideal for turnkey use while planning future updates. A detached 2-car garage, fireplace, and a wonderful flat lot creates an ideal setting for classic lakefront living. The property features a private sandy swimming area, a dock for boating, and a raised circular patio perfectly positioned to capture exceptional lake views, an idyllic setting for relaxing days and unforgettable sunset evenings by the water. Located in the R2LL district, the size of the lot and shoreline offer a compelling opportunity for redevelopment or expansion (subject to NH and Town approvals), with limited inventory of comparable parcels. Lovell Lake is classified by the New Hampshire Department of Environmental Services as a Tier 1, high-quality waterbody that fully supports aquatic life and recreational use, reflecting its outstanding environmental condition. It is actively protected by the Lovell Lake Association through water quality monitoring, invasive species prevention and education, complemented by NH Lake Host and watershed programs, supporting long-term environmental quality and property value. A rare chance to enjoy now, invest for the future, and secure a legacy waterfront setting. Owner occupied.
| Elementary School | Middle School | High School |
|---|---|---|
| Paul School Elementary School | Paul School Middle School | Spaulding High School |
| Price History | |
|---|---|
| 5/26/2026 | Listed $1,100,000 |
| 6/30/2026 | 3$1,075,000 |
| 8/19/2026 | 8$995,000 |
General Features
| Road Frontage | Yes |
|---|---|
| Sewer | 1000 Gallon,Concrete,Drywell,On-Site Septic Needed |
| Heating | None |
| Cooling | None |
| Utilities | Cable,Propane |
| Possession | Negotiable |
| Roof | Asphalt Shingle |
| Appliances | Refrigerator,Gas Stove,Electric Water Heater |
| Garage | Yes |
| Flood Zone | No |
| Zoning | R2LL L |
| Exclusions | Personal Items |
| 3/4 Baths | 1 |
| Bathrooms | 1 |
| Year Built | 1930 |
| Electric | 200+ Amp Service,Circuit Breaker(s) |
| Style | Cape |
| Stories Count | 1 |
| Type | Single Family |
| Documents Available | Deed,Property Disclosure,Septic Report,Tax Map |
| Property Condition | Existing |
| Assessment Amount | 823900 |
| Possible Use | Recreation,Residential |
| Tax Year | 2025 |
| Electric Company | Eversource |
| Covenants | No |
| Construction Materials | Wood Frame,Wood Exterior,Wood Siding |
| Directions | Rte 16 to Rte 109 towards Acton Maine. Property on the left just past intersection with Old Stage Rd. |
| High School | Spaulding High School |
| City | Wakefield |
| Property Class | Residential |
| School District | Wakefield |
| Seasonal | Yes |
| Elementary School | Paul School |
| Middle School | Paul School |
| DOM | 109 |
| Price Per Sq Ft Total AG | 1009.13 |
| Last Updated | 09/02/2026 09:20:50 |
Interior Features
| Basement Description | Concrete Floor,Exterior Access,Partial,Storage Space,Unfinished,Walkout |
|---|---|
| Interior Amenities | Wood Fireplace,1 Fireplace,Furnished,Kitchen/Living |
| Basement | Yes |
| Flooring | Carpet,Combination,Manufactured,Vinyl,Wood |
| Beds | 3 |
| Total Rooms | 5 |
| Internet | Cable Internet |
| Total Finished Area | 986 |
| Basement Access Type | Walkout |
Exterior Features
| Lot Features | Level,Recreational,View,Near Snowmobile Trails |
|---|---|
| Exterior Amenities | Boat Slip/Dock,Deck,Patio,Private Dock,Storage,Window Screens |
| Driveway | Dirt |
| Water View | Yes |
| Lot Size Area | 0.56 |
| Water Source | Lake/Pond |
| Parking Features | Garage,On-Site |
| Garage Capacity | 2 |
| Water Body Name | Lovell Lake |
| Foundation | Concrete,Concrete Slab,Poured Concrete |
| Lot | 21 |
| Waterfront Property | Yes |
| Road Frontage Length | 233 |
| Road Frontage Type | Paved,Public |
| Surveyed | Unknown |
| Water Body Type | Lake |
| Lot Size Square Feet | 24394 |
| Water Frontage Length | 259 |
| Water Body Access | Yes |
| Water Access Details | Beach Access,Directly Adjoining |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 03872
Statistics provided by Inside Real Estate
Price
Year Built
Visits
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