Active Under Contract

16 Days on market

3 Shady Dr Spencer — Photo 1 of 34

$470,000

3 Shady Dr, Spencer, MA 01562

Spencer, MA 01562

Beds

Baths

1.5

SqFt

1,344

Style

Single Family

Built

1987

FIRST TIME offered and a rare opportunity to own this cherished waterfront home on STILES LAKE. Wake up to stunning views and create memories in a home that feels like you are on vacation. Stiles is a full recreational PRIVATE lake consisting of 463+/- acres. This home has been lovingly cared for by the original owners and offers approx. 43 ft of water frontage. Enjoy the breathtaking water views, direct water access and a relaxing setting perfect for year-round living. This warm and inviting post and beam home offers an open floor plan. Living Room has sliders leading to 12x24 deck for your outdoor enjoyment. The master bedroom is a loft with a full bath and walk-in closet. Hidden under the master rug is stunning hard wood floors waiting to be revealed and finished. Master Bath also has hardwoods under the rug!!!!! The walk-out basement offers excellent potential for future finished space with approx. 672 sq ft and easy outdoor access. Whether you envision an entertainment room or home office; this space has ample natural light and waiting for your design dreams. Photos with furniture are AI generated.

Market Value Analysis

This Property

Size (SqFt) →Price →

This Property$350/sqft

Local Avg (Spencer)$272/sqft

29% AboveMarket Average

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

Financials

Original Price$470,000

Annual Taxes$3,890

Parking

Garage0

Off-Street4

Interior Specifications

Total Rooms5

FireplacesNone

FlooringWood, Carpet, Laminate

BasementFull, Walk-Out Access, Unfinished

Climate & Utilities

HeatingBaseboard, Oil

CoolingWall Unit(s)

WaterPrivate

SewerHolding Tank

Building & Exterior

ConstructionPost & Beam

RoofShingle

FoundationBlock

ZoningLR

Property & Lot

Acres0.1

SqFt Lot4,373

Lot Features--

Amenities & Appliances

Electric Water Heater • Range • Refrigerator • Washer • Dryer • Water Treatment

Geography

Floorplan Breakdown

Structural Layout

Second

Master BedroomBathroom 2

First

Living RoomDining RoomKitchenBedroom 2Bathroom 1

Living Room

Lvl First

23 x 16

Skylight, Beamed Ceilings, Flooring - Wall to Wall Carpet, Exterior Access, Open Floorplan

Dining Room

Lvl First

12 x 9

Flooring - Wall to Wall Carpet

Kitchen

Lvl First

19 x 11

Flooring - Laminate, Dining Area

Master Bedroom

Lvl Second

12 x 23

Bathroom - Full, Skylight, Walk-In Closet(s), Flooring - Hardwood, Flooring - Wall to Wall Carpet, Balcony - Interior

Bedroom 2

Lvl First

8 x 10

Bathroom 1

Lvl First

Bathroom 2

Lvl Second

Population

12,008

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$81K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

37.0%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

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)

ADU Potential

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: 672 sq ft (the lesser of 900 sq ft or half the 1,344 sq ft principal dwelling). Lot size: 4,373 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.

Full Spencer, MA market report ZIP 01562 market data

Listing Provided By

Listing Agent: Wendy L. Johnson

Listing Office: Central Mass Evaluations, Inc.

MLS® Number: 73558757