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Essex
232 Lake Drive
$455,000
● House - Off Market

232 Lake Drive

Hamilton, MA 01982
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,976 Ft²
$3,119
Est. Monthly

About This Property

LOCATION! LOCATION! Flippers/Contractors! 3-Bedroom Home with Pond Views and Beach Access. This 3-bedroom, 1-bath home is located in a peaceful cul-de-sac directly across from Pleasant Pond, offering water views and a tranquil setting. Enjoy the convenience of beach access, perfect for swimming, kayaking, fishing or simply relaxing by the water's edge. The property boasts a 2-car garage and sits on a double lot, providing ample space for outdoor activities and gardening. While the home needs a complete cleanout of personal items (buyer responsibility) and complete renovation, it presents a fantastic opportunity for cash buyers, rehab loans, or those seeking a renovation project. It won't qualify for conventional financing due to a non-working heating system and the condition of the interior. Don't miss out on this chance to own a waterfront property with incredible potential! Sold "As Is". Sold "as is" with all remaining personal items. Title V passed.
Unit Size
1,976 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$253
Property Type
House
Property Taxes
$664
HOA Dues
-
Year Built
1930

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Last updated: 5 months ago (MLSPIN #73329963)

Price History

Date / Event Date Event Price
Apr 15, 2026 Sold
Sold
Mar 5, 2026 In contract -
In contract
Jan 23, 2026 Price Decreased $849,900
↓ $50K (5.6%)
Price Decreased
Jan 9, 2026 Listed by Re-yes Real Estate $899,900
Listed by Re-yes Real Estate
Beautifully renovated 3-bedroom, 3-bathroom home in desirable South Hamilton near Pleasant Pond. Fully gutted and rebuilt with new roof, windows, HVAC, electrical, heating system, vynil siding, hardwood floors, new deck, and new balcony. Features a new eat-in kitchen, dining room, bright living room, and a heated, insulated all-season porch. First floor also includes a full bathroom with laundry hook-up and an additional room with closet—ideal for a guest room or office. Upstairs offers a spacious primary suite with his-and-hers closets and en-suite bath, plus two more bedrooms and a full bath. Thoughtful layout, quality updates, and a prime location make this home move-in ready.
Dec 9, 2025 Temporarily off market -
Temporarily off market
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Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 904
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,435
  • Total Building Area: 1,976
  • Gross Building Area: 3,328
  • Building Area: 1,976
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,976
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000217
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hamilton-Wenham School District
  • Census Tract: 215102

Zoning

  • Zoning: R1A

Geography

  • Account Number: 2472
  • Parcel: HAMI M:54 B:34
  • Block: 34
  • Lot: 34
  • Municipality: HAMILTON
  • Latitude: 42.6163
  • Longitude: -70.8942

    Address

  • Full Address: 232 Lake Dr
  • Address - House Number: 232
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: South Hamilton
  • Carrier Code: C005
  • 4-Digit Zip Code: 1629
  • Zip Code: 01982

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $761,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1567
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 697,933
  • High Value: 807,311
  • Low Value: 588,555

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $504,100
  • Assessed Land Value: $207,300
  • Assessed Improvements Value: $296,800
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 232 Lake Drive built and last sold?
The property at 232 Lake Drive was built in 1930 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 232 Lake Drive is $856,059.
What are some comparable homes to 232 Lake Drive?
There are currently no comparable homes to 232 Lake Drive.