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Maggie Li

I'm Maggie Li, a Newton, MA real estate agent serving first-time buyers, luxury clients and sellers across Greater Boston in English & Mandarin. Let's find your home.

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  • 1229 Centre Street, Newton Centre, MA, USA
  • (774) 222-0952
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© 2026 Maggie Li. All rights reserved.
Equal Housing Opportunity. Information deemed reliable but not guaranteed.

  1. Home
  2. Listings
  3. 131 Prospect St, Wakefield, MA 01880
Active
43 Days on market
131 Prospect St Wakefield — Photo 1 of 42

131 Prospect St Wakefield — Photo 1 of 42

$1,395,000

131 Prospect St, Wakefield, MA 01880

Wakefield, MA 01880 — Prospect Hill

Beds

4

Baths

3

SqFt

3,269

Style

Single Family

Built

1935

If there ever was a home that could check all your boxes, this is it!! Located in one of the most prestigious areas of Wakefield, with access to everything, either by walking or driving, this home has the gift of living large. Four super large bedrooms, with the Primary having two walk-in closets and gorgeous full bath. All bedrooms have large closets with access to a large bathroom; all located on the second floor. The upstairs foyer connects all the bedrooms and also brings you to a separate office and walk-up attic, where storage found its true definition. Upon entrance, you are greeted by a warm and inviting living room with fireplace and a screened in porch to catch up on current events or just read a great book while embracing the cool nighttime breeze. Super large dining room to entertain all your family and friends, with a view of the beautiful, landscaped backyard. The kitchen right beside the dining room makes it that much easier for you to entertain, also offering an enormous amount of space with kitchen nook and island. And of course, a home like this would not be without a fabulous double level deck, carrying your entertaining to the gorgeous outdoors, or even to the lower patios for a night of making smores and memories. Open the downstairs door and it unlocks another large living room with fireplace and a playroom/exercise room. The laundry room, wine cellar, workbench and more additional storage is located on this level as well. Taking the stairs up brings you to the hallway which offers another beautiful full bath. There is access to the two-car garage off the kitchen, and also another access to the downstairs through the garage. Sounds incredible, well it is. Make an appointment today and experience a home that can offer you all you ever wanted and then some.

Immersive Experience

Virtual Tour

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$427/sqft
Local Avg (Wakefield)$406/sqft
5% AboveMarket Average

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Wakefield, MA.

Property Details

Financials

Original Price$1,395,000
Annual Taxes$12,028

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms10
Fireplaces2
FlooringWood, Tile, Vinyl, Concrete, Marble, Hardwood, Flooring - Hardwood, Flooring - Wood
BasementFull, Finished, Partially Finished, Walk-Out Access, Interior Entry, Garage Access, Sump Pump, Concrete

Climate & Utilities

HeatingBaseboard, Electric Baseboard, Hot Water, Natural Gas
CoolingOther, Whole House Fan
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionSee Remarks
RoofShingle
FoundationBlock, Stone, Other
ZoningSR

Property & Lot

Acres0.6
SqFt Lot26,288
Lot FeaturesCleared

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Bike Path

Geography

Floorplan Breakdown

Structural Layout

Second
OfficeMaster BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Bathroom 1
Basement
Family Room
Main,First
Living RoomDining RoomKitchen
Living Room
Lvl Main,First

11.25 x 21.5

Flooring - Hardwood

Dining Room
Lvl Main,First

15.333333333 x 13.25

Flooring - Hardwood, Chair Rail

Kitchen
Lvl Main,First

28.916666666 x 121.333333333

Closet/Cabinets - Custom Built, Flooring - Hardwood, Balcony / Deck, Pantry, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Deck - Exterior, Recessed Lighting, Lighting - Pendant

Office
Lvl Second

7.333333333 x 11.666666666

Flooring - Hardwood, Lighting - Overhead

Family Room
Lvl Basement

17.916666666 x 18.666666666

Flooring - Vinyl, Exterior Access, Recessed Lighting, Lighting - Overhead

Master Bedroom
Lvl Second

21 x 23

Bathroom - Full, Walk-In Closet(s), Closet, Flooring - Hardwood

Bedroom 2
Lvl Second

14.166666666 x 13.25

Bedroom 3
Lvl Second

14.5 x 13.25

Closet, Flooring - Hardwood, Lighting - Overhead

Bedroom 4
Lvl Second

11.583333333 x 17.166666666

Closet, Flooring - Hardwood, Lighting - Overhead

Bathroom 1
Lvl First

5.583333333 x 11.75

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Bathroom 2
Lvl Second

10.75 x 4.75

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Bathroom 3
Lvl Second

9.333333333 x 4.75

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Overhead

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)

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: 900 sq ft (the lesser of 900 sq ft or half the 3,269 sq ft principal dwelling). Lot size: 26,288 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 Wakefield, MA market report ZIP 01880 market data
Listing Provided By

Listing Agent: Carolyn Goodman

Listing Office: RE/MAX Encore

MLS® Number: 73543056

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