Active
1 Days on market
1388 Main Street Lancaster — Photo 1 of 42

1388 Main Street Lancaster — Photo 1 of 42

$875,000

1388 Main Street, Lancaster, MA 01523

Lancaster, MA 01523

Investor Analysis

Beds

5

Baths

2

SqFt

2,925

Style

Single Family

Built

1986

Space inside, nature outside, and a setting that makes this Lancaster property truly stand out! This true 5-bedroom home offers all five bedrooms on the second floor, generous living spaces and over 1,600 sq ft of unfinished basement space currently utilized as a workshop and home gym, with plenty of additional room for storage, hobbies and future possibilities. At the heart of the home is a large eat-in kitchen with an island, Viking propane gas cooktop, built-in KitchenAid electric wall oven and a picture window overlooking the beautiful surroundings. The living room features a wood stove and sliders to the deck, while the family room offers another set of sliders, creating an easy connection between indoors and out. With access to the backyard from the living room, family room and back hall, this is a home designed to enjoy its setting. Step outside to a large deck and gazebo overlooking approximately 6 acres of level land abutting conservation land, creating a private, nature-filled setting. The property leads toward the Nashua River, where the sellers have enjoyed kayaking and watching herons and other wildlife along the water. A footbridge on town property provides a connection to the nearby school and soccer fields. Whether you're heading out with a kayak, catching a game, watching wildlife or simply enjoying the quiet surroundings, this property offers a connection to nature that's increasingly hard to find. A shed provides additional outdoor storage, and one of the five bedrooms includes a tucked-away storage cubby for even more storage. Convenient to Routes 2, 70, 190 and 495, as well as area shops and services, this home offers space, versatility and a setting that truly sets it apart.

Market Value Analysis

This Property
Size (SqFt) →Price →

Limited sample — based on 7 comparable properties.

This Property$299/sqft
Local Avg (Lancaster)$302/sqft
1% BelowMarket Average

* Analysis is based on 7 actively listed and recently sold comparable properties strictly within Lancaster, MA.

Property Details

Financials

Original Price$875,000
Annual Taxes$11,991

Parking

Garage2
Off-Street12

Interior Specifications

Total Rooms9
Fireplaces2
FlooringTile, Carpet, Hardwood
BasementFull, Walk-Out Access, Interior Entry, Sump Pump, Concrete, Unfinished

Climate & Utilities

HeatingForced Air, Oil
CoolingNone
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRes

Property & Lot

Acres6
SqFt Lot261,360
Lot FeaturesWooded

Amenities & Appliances

Water Heater • Oven • Dishwasher • Range • Refrigerator

Neighborhood

Park • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bedroom 4Bedroom 5Bathroom 2
First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Living Room
Lvl First

14.25 x 27.416666666

Wood / Coal / Pellet Stove, Ceiling Fan(s), Deck - Exterior, Exterior Access, Slider

Dining Room
Lvl First

16.833333333 x 13.5

Flooring - Hardwood, Chair Rail

Kitchen
Lvl First

Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Window(s) - Picture, Dining Area, Kitchen Island, Recessed Lighting, Gas Stove

Family Room
Lvl First

16.5 x 24.666666666

Flooring - Wall to Wall Carpet, Deck - Exterior, Exterior Access, Slider

Master Bedroom
Lvl Second

14.75 x 13.416666666

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second

14.75 x 13.416666666

Bedroom 3
Lvl Second

13.833333333 x 11.916666666

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet

Bedroom 4
Lvl Second

13.666666666 x 15.583333333

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet

Bedroom 5
Lvl Second

13.666666666 x 11.333333333

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Double Vanity, Soaking Tub

Population

8,606

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

Median Household Income

$135K

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

Renter-Occupied Homes

14.9%

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 2,925 sq ft principal dwelling). Lot size: 261,360 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.

Listing Provided By

Listing Agent: Tami Dome

Listing Office: ERA Key Realty Services - Distinctive Group

MLS® Number: 73575858

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