MLS #73572008 image #0
Roll up your sleeves and bring this wonderful Ranch, just steps from Lake Quannapowitt in Wakefield, back to perfection. This home has been in the same family for over 50 years and is now ready for new owners. Offering unlimited potential for a contractor to renovate and flip, or the buyers who want to live in a great neighborhood and will move in and put their own finishing touches on it. This home needs some work but you can build great equity at this location. 7 Rooms, 3 bedrooms, 2 baths, and a den or office all on a single level.. Hardwood floors, fireplaced livingroom, granite counters in kitchen. Gas cooking and heat. Main bedroom addition off rear with it’s own en suite bath. Rear enclosed sunporch. Updated roof and newer high end Lochinvar tankless heating and HW system. All of this situated on a 17,000 sq ft lot. Just a short walk to Lake, the Common, downtown, bus line, and commuter rail to Boston. Convenient to major highways and MarketStreet Lynnfield.
Current real estate data for Single Family in Wakefield as of Oct 16, 2026
44
Single Family Listed
51
Avg DOM
420
Avg $ / SqFt
$891,136
Avg List Price

Property Details

Price:
$699,900
MLS #:
73572008
Status:
Pending
Beds:
3
Baths:
1.5
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Sep 4, 2026
Finished Sq Ft:
1,465
Total Sq Ft:
1,465
Lot Size:
17,001 sqft / 0.39 acres (approx)
Year Built:
1967
RanchPoolDolbeareGalvinWmhs

Schools

Elementary School:
Dolbeare
Middle School:
Galvin
High School:
Wmhs

Interior

Above Grade Finished Area
1465
Appliances
Tankless Water Heater, Range, Oven, Dishwasher, Disposal, Refrigerator, Freezer
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Cooling
None
Fireplaces Total
1
Flooring
Tile, Laminate, Hardwood, Flooring – Hardwood
Heating
Baseboard, Natural Gas
Interior Features
Home Office
Laundry Features
In Basement

Exterior

Architectural Style
Ranch
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Bike Path, Highway Access, Private School, Public School, T-Station
Construction Materials
Frame
Exterior Features
Porch – Enclosed, Patio, Pool – Above Ground
Lot Features
Easements, Level
Open Parking Spaces
5
Open Parking YN
1
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
5
Parking Total
5
Patio And Porch Features
Porch – Enclosed, Patio
Roof
Shingle

Financial

Tax Year
2026
Taxes
$8,546

Map

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Property Summary

    16 Central St Wakefield MA is a Single Family for sale in Wakefield, MA, 01880. It is listed for $699,900 and features 3 beds, 2 baths, and has approximately 1,465 square feet of living space, and was originally constructed in 1967. The current price per square foot is $478. The average price per square foot for Single Family listings in Wakefield is $420. The average listing price for Single Family in Wakefield is $891,136. To schedule a showing of MLS#73572008 at 16 Central St in Wakefield, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

More About James
16 Central St
Wakefield, MA