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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
  • lyx0402@gmail.com

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William Raveis

© 2026 Maggie Li. All rights reserved.
Equal Housing Opportunity. Information deemed reliable but not guaranteed.

  1. Home
  2. Listings
  3. 401 Petersham Road, Athol, MA 01331
Active
35 Days on market
401 Petersham Road Athol — Photo 1 of 32

401 Petersham Road Athol — Photo 1 of 32

Recent Drop: $15,900

$374,900
$359,000

$359,000

401 Petersham Road, Athol, MA 01331

Athol, MA 01331

Beds

3

Baths

1

SqFt

1,812

Style

Single Family

Built

1950

Year-round waterfront living on beautiful Lake Ellis! Set on 0.59 acres with 160' of lake frontage, this charming Cape offers the opportunity to create your own private lakeside oasis. Enjoy boating, fishing, kayaking, swimming, or simply relaxing by the water from your own backyard. Features include a desirable first-floor bedroom, fresh interior paint, a HearthStone wood stove, and solar installed within the last two years with the roof replaced at the time of installation to help offset the fully electric home. Outside you'll find an in-ground pool, detached garage, and a spacious yard with endless possibilities to transform this property into the waterfront retreat you've always envisioned. Conveniently located minutes from Route 2 and close to hiking, golf, shopping, restaurants, and all the outdoor recreation the North Quabbin region has to offer.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$198/sqft
Local Avg (Athol)$261/sqft
24% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Athol, MA.

Property Details

Financials

Original Price$374,900
Annual Taxes$4,242

Parking

Garage1
Off-Street5

Interior Specifications

Total Rooms6
Fireplaces1
FlooringWood
BasementFull, Interior Entry, Concrete, Unfinished

Climate & Utilities

HeatingElectric Baseboard, Electric, Wood, Wood Stove
CoolingWindow Unit(s), None
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningRC

Property & Lot

Acres0.59
SqFt Lot25,700
Lot Features--

Amenities & Appliances

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

Neighborhood

Highway Access

Geography

Property History

Price Drop
$359,000

Was $374,900

Aug 4, 2026

MLS® 73549495

Listed
$374,900

Jul 16, 2026

MLS® 73549495

Population

13,922

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

Median Household Income

$72K

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

Renter-Occupied Homes

25.1%

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: 900 sq ft (the lesser of 900 sq ft or half the 1,812 sq ft principal dwelling). Lot size: 25,700 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 Athol, MA market report ZIP 01331 market data
Listing Provided By

Listing Agent: Provided by MLS PIN

Listing Office: Provided by MLS PIN

MLS® Number: 73549495

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