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Welcome to your own waterfront retreat nestled on a peninsula on beautiful Sugden Reservoir! Nestled at the end of a cul-de-sac, this exceptional property boasts 168 feet of direct water frontage on a full recreational lake (85 acres), offering your OWN boat launch,breathtaking sunset views and a tranquil setting you’ll never want to leave. The stunning, fully renovated kitchen is designed to capture spectacular lake views all while dining. Just off the kitchen, a charming dining room with a fieldstone fireplace and pellet stove creates the perfect place to relax with an opening into the sun-filled great room, flanked with windows and a slider to the spacious deck where you can enjoy morning coffee overlooking the lake or entertain family and friends while watching the sunset! The home features beautiful maple hardwood flooring throughout the main living areas on the first floor, a spacious primary bedroom, guest bdrm and an additional room ideal for a home office or tandem third bdrm. As per seller a fantastic 2005 addition and 2024 updates, including kitchen, pellet stove, roof, wood deck,replacement windows, siding, exterior doors and insulation are just a wonderful bonus! Outside, you’ll find two welcoming covered front porches, outdoor shower, patio by the water, dock, shed and an additional deck off the kitchen and great room, and plenty of outdoor space to enjoy this exceptional setting. A 20’ x 23’ two-car garage provides ample storage. This is lakefront living at its finest with million-dollar views from the kitchen, great room, and primary bedroom. A rare opportunity to own a slice of waterfront paradise!

  • Bedrooms
    3
  • Bathrooms
    2 full · 1 half
  • Year Built
    2003
  • Architectural Style
    Cape
  • Construction Materials
    Frame
  • Foundation
    Block, Concrete Perimeter
  • Garage Spaces
    2.0
  • Parking Features
    Attached, Paved, Oversized, Garage Door Opener, Garage
  • Living Area
    1971.0
  • Interior Features
    Ceiling Fan(s), Vaulted Ceiling(s), Recessed Lighting, Open Floorplan
  • Appliances
    Dishwasher, Microwave, Refrigerator, Range, Water Heater
  • Flooring
    Hardwood, Laminate, Tile, Vinyl, Carpet
  • Exterior Features
    Storage, Garden
  • Patio And Porch
    Deck, Porch
  • Cooling
    Ductless, Zoned
  • Heating
    Ductless, Baseboard, Zoned, Oil, Pellet Stove
  • Basement
    Full, Walk-Out Access, Unfinished, Partially Finished, Interior Entry, Concrete

  • Acres
    0.29
  • Lot Features
    Waterfront, Cul-De-Sac, Landscaped
  • Water Front Features
    Lake, Waterfront, Waterfront Access
  • Water Front
    Yes
  • View
    Lake, Water, Scenic
  • Water
    Private

  • County
    Worcester
  • City
    Spencer
  • Zip Code
    01562

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Frequently Asked Questions

How do I schedule a tour of 48 Lambs Grv?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 48 Lambs Grv.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 48 Lambs Grv?

Click Ask a Question to talk with our team. You already know it is a 3 bed, 2 bath, listed for $849,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Spencer, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 48 Lambs Grv?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 48 Lambs Grv at around $5,250. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 48 Lambs Grv?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Worcester County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 48 Lambs Grv?

In most cases, yes. Whether 48 Lambs Grv is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Spencer's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 48 Lambs Grv?

We can handle that for you. Our preferred local agent specializes in residentials in Spencer and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $849,000 with 1,971 sqft of space—that comes out to approximately $431 per square foot.

How long has this property been on the market?

48 Lambs Grv was listed on August 05, 2026, which means it's been on the market for 97 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 2003, making it approximately 23 years old.

What is the lot size of this property?

48 Lambs Grv sits on a 0.29-acre lot, which is 12,632 square feet.

What are the property taxes for 48 Lambs Grv?

The most recent public record shows annual property taxes for 48 Lambs Grv were approximately $5,021. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $50 paid annually.

Is 48 Lambs Grv still available for sale?

This home is under contract, but may still accept backup offers. Click ♥ to track updates or connect with our local expert to see if it's still worth pursuing.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, MLS Property Information Network (MLS PIN). All rights reserved.

Last Updated: November 10, 2026 at 07:17AM | Source: MLS Property Information Network (MLS PIN) | MLS#: 73559720