Active
80 Days on market
302 Lake Street Shrewsbury — Photo 1 of 42

302 Lake Street Shrewsbury — Photo 1 of 42

Recent Drop: $10,000

$899,999
$889,999

$889,999

302 Lake Street, Shrewsbury, MA 01545

Shrewsbury, MA 01545

Investor Analysis

Beds

7

Baths

4.5

SqFt

3,276

Style

Single Family

Built

1954

A CUSTOM BUILT & WELL MAINTAINED 2 LEVELS COLONIAL. PERFECT FOR IN-LAW OR LARGE FAMILIES. A WELCOMING OPEN CONCEPT LAYOUT. LARGE LIVING / DINING ROOM. 2 FULL KITCHENS WITH UPDATED CABINETS AND MARBLE COUNTERTOPS. FULL S.S. APPLIANCES, RANGE, FRIDGE, D.W. 7 GOOD SIZE BEDROOMS AND 4.5 BATHS. GLEAMING HARDWOOD FLOORING THROUGHOUT MOST OF THE HOME & TILE IN THE BATHROOMS. MAIN LEVEL, IN-LAW LIVING SPACE HAS 4 BEDROOM 2.5 BATHS AND LARGE FAMILY ROOM WITH SLIDER LEADING TO THE OUTSIDE PATIO. 2ND LEVEL OFFER 3 MORE BEDROOMS AND 2 FULL BATHS. SEPARATE HV/AC FOR BOTH LEVELS. SITUATED IN A CONFORMING NEIGHBORHOOD ON A 0.36 CORNER ACRES LOT. PAVED DRIVEWAY WITH AMPLE PARKING. A SPACIOUS REAR YARD & A LARGE BACKYARD PERFECT FOR THE GARDEN LOVERS & PET FOR RELAXING FAMILY COOKOUTS.LOCATED IN A PRIME SPOT WITH QUICK ACCESS TO MAJOR ROUTES & LOCAL SHOPPING, UMASS HOSPITAL AND MEDICAL SCHOOL, THE LAKEWAY DISTRICT, LAKE QUINSIGAMOND, MARKETS, RESTAURANT

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$272/sqft
Local Avg (Shrewsbury)$315/sqft
14% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Shrewsbury, MA.

Property Details

Financials

Original Price$899,999
Annual Taxes$8,811

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms12
FireplacesNone
FlooringTile, Hardwood
BasementFinished, Slab

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRB1

Property & Lot

Acres0.36
SqFt Lot15,790
Lot FeaturesCorner Lot, Level

Amenities & Appliances

Range • Dishwasher • Microwave • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Laundromat • Conservation Area • Highway Access

Geography

Property History

Price Drop
$889,999

Was $899,999

Sep 11, 2026

MLS® 73541979

Listed
$899,999

Jun 25, 2026

MLS® 73541979

Population

38,876

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

Median Household Income

$139K

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

Renter-Occupied Homes

27.8%

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 3,276 sq ft principal dwelling). Lot size: 15,790 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: Christina Kelly

Listing Office: ALL CAPITAL REALTY, LLC

MLS® Number: 73541979

Browse More Homes in Shrewsbury

Explore other active listings in the area.