See Home Value
$4,750,000
House - Off Market

8 Niles Lane

Winchester, MA 01890
bedrooms
8 Beds
bathrooms
8 Baths, 1 Half Bath
$29,369
Estimated Monthly
$0
HOA / Fees
0.99%
Cap Rate

About This Property

MAJESTIC LAKEFRONT ESTATE! Situated directly on the Mystic lake w/ expansive yard & breathtaking views offering the most gorgeous and serene setting in all of Winchester. This 21+ room custom home includes 7/8 bedrooms and 7.5 baths. The 2 room primary suite features 13' beamed ceiling w/ oversized windows, direct water views, luxurious bath w/ soaking tub & fireplace plus a private sitting room w/ custom cherry walls, second fireplace & balcony/deck. The kitchen is highlighted by a gourmet custom La Corneu Chateaux 48" double-oven range, w/ adjacent dining area & lakefront family room w/ fireplace & drop down ceiling TV. Formal dining & living room renovated w/ original details & beautiful woodwork preserved. Fully finished basement w/ media room, full gym, playroom, au-pair suite, & an exquisite "hidden" ~800 bottle wine cellar. This home also offers a top floor in-law suite and basement au-pair suite and features 5 fireplaces, radiant floors, expansive Ipe deck & dock.
Unit Size
-
Days on Market
274 days
Land Size
0.57 acres
Price per sqft
-
Property Type
House
Property Taxes
$3,836
HOA Dues
-
Year Built
1934
Last updated: 5 months ago (MLSPIN #73083677)

Price History

Date / Event Date Event Price
Dec 5, 2023 Sold to Earnest $4,750,000
Sold to Earnest
Oct 25, 2023 In contract -
In contract
Aug 10, 2023 Price Decreased $5,200,000
↓ $399K (7.1%)
Price Decreased
May 12, 2023 Price Decreased $5,599,000
↓ $396K (6.6%)
Price Decreased
Mar 6, 2023 Listed by Compass $5,995,000
Listed by Compass
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Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 21
  • Bedroom Count: 7
  • Bathroom Count: 8
  • Full Bathrooms: 7
  • Partial Bathrooms: 8
  • Building Condition: Excellent
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 3,358
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 25,043
  • Total Building Area: 7,648
  • Gross Building Area: 10,231
  • Building Area: 7,648
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 7,648
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.575
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : EARNEST FT
  • Current Owner 2: EARNEST
  • Previous Owner : DALTON SEAN M
  • Previous Owner 2: DALTON JULIE C
  • Owner Before Previous Owner: MORRIS ANTHONY P
  • Owner Before Previous Owner 2: MORRIS SUSAN W
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Winchester School District
  • School Tax School District: WINCHESTER SD
  • Census Tract: 338400

Zoning

  • Zoning: RDB

Geography

  • Parcel: WINC M:017 B:0057 L:0
  • Block: 57
  • Municipality: WINCHESTER
  • Latitude: 42.4431
  • Longitude: -71.1484

    Address

  • Full Address: 8 Niles Ln
  • Address - House Number: 8
  • Address - Street Name: Niles
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Winchester
  • Carrier Code: C019
  • 4-Digit Zip Code: 3550
  • Zip Code: 01890

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $53,267

    Appraisal Valuation

  • Standard Deviation: 0.157
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 4,601,937
  • High Value: 5,324,526
  • Low Value: 3,879,347

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $4,701,400
  • Assessed Land Value: $1,903,200
  • Assessed Improvements Value: $2,798,200

    Sales

  • Current Sale Contract Date: Nov 29, 2023
  • Current Sale Recording Date: Dec 05, 2023
  • Current Sale Transaction ID: 11918011022
  • Current Sale Price: $4,750,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 138765
  • Previous Sale Recording Date: Dec 16, 2002
  • Previous Sale Amount: $1,951,250
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HM MTG
  • Previous Mortgage Transaction Date: Dec 16, 2002
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage



Comparables

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

About Wedgemere


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 57 Winford Way, Winchester, MA, 01890

$8,800 /mo

  • 4 Beds
  • 4.5 Baths
  • 3,798 ft²
57 Winford Way, Winchester, MA, 01890 Listing by Sino-US Realty Team
Unit for rent at 22 Amberwood Dr, Winchester, MA, 01890

$9,800 /mo

  • 5 Beds
  • 5 Baths
  • 5,016 ft²
22 Amberwood Dr, Winchester, MA, 01890 Listing by RH Advisors MLSPIN


Frequently Asked Questions

When was property at 8 Niles Lane built and last sold?
The property at 8 Niles Lane was built in 1934 and last sold on Nov 29, 2023 for $4,750,000.
How much is this home worth?
The estimated value of the home located at 8 Niles Lane is $5,252,000.
What are some comparable homes to 8 Niles Lane?
There are currently no comparable homes to 8 Niles Lane.

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