$1,330,000
SOLD OCT 30, 2025

48 Downey St Hopkinton, MA 01748

3 Beds
2.5 Baths
2,479 Sq Ft
8,560 Sq Ft Lot

Recently Sold

$537 Per Sq Ft

11% Below List Price

133 Days on Market

Highlights

  • Private Waterfront
  • Golf Course Community
  • Medical Services
  • Elmwood Elementary School Rated A
  • Private Water Access
  • Lake View

About This Home

As of October 2025

~Boater’s Paradise!~ Custom built lakefront home, facing SW & on the widest section of Lake Maspenock, with 30’ Trex plank aluminum frame dock. Newer metal roof, Advanced Composite siding & 2-car garage with loft. Paver walkways, stone walls & bluestone steps grace the terraced lakeside. The Great Room features 2-story cathedral Douglas Fir Post & Beam with walls of windows & stunning lake views. This home has undergone a complete makeover & expansion using the latest materials & technology. Brazilian cherry floors & Anderson windows thru-out. Lower Level walkout Game Room with French doors opening to a patio with retractable awning could be converted to a fabulous, expansive 3rd Bedroom. Many skylights & features throughout. (2) Mitsubishi mini splits, Buderus furnace, (2) VT Casting propane stoves & wood burning FP. Walk to town beach, top-rated schools & minutes to Rte 495 & 90. Relax, boat, swim or waterski w/gorgeous sunset views on 2-mile long Lake Maspenock. Vacation at home!

Last Agent to Sell the Property

Gail DuBois

William Raveis R.E. & Home Services Listed on: 05/15/2025

William Raveis R.E. & Home Services

Last Buyer's Agent

Amy Sault

Century 21 Custom Home Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,472

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 8,560 Sq Ft Lot
  • Private Waterfront
  • Stone Wall
  • Landscaped Professionally
  • Sprinkler System
  • Property is zoned RLF

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Off-Street Parking
  • Deeded Parking

Property Views

  • Lake
  • Scenic Vista

Home Design

  • Colonial Architecture
  • Post and Beam
  • Block Foundation
  • Frame Construction
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Open Floorplan
  • Crown Molding
  • Wainscoting
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Decorative Lighting
  • Light Fixtures
  • Insulated Windows
  • Stained Glass
  • Picture Window
  • Window Screens
  • French Doors
  • Insulated Doors
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Game Room
  • Storage

Kitchen

  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Custom Closet System
  • Dual Closets
  • Pedestal Sink
  • Soaking Tub
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Partially Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Laundry in Basement

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Private Water Access
  • Walking Distance to Water
  • Mooring
  • Balcony
  • Covered Deck
  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Two cooling system units
  • Ductless Heating Or Cooling System
  • Whole House Fan
  • 2 Cooling Zones
  • 3 Heating Zones
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • 200+ Amp Service
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:0L37 B:0007 L:0,530922

Community Details

Overview

  • No Home Owners Association
  • Lake Maspenock Subdivision
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,472

Year Built

Built in 1940 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial, Other (See Remarks)
  • Property Condition: Updated/Remodeled
  • Year Built: 1940
  • Subdivision Name: Lake Maspenock
  • Year Built Details: Renovated Since
  • Year Round: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Wood, Stone / Slate, Flooring - Stone/Ceramic Tile, Flooring - Wood
  • Interior Amenities: Bathroom - Half, Storage, Lighting - Sconce, Cathedral Ceiling(s), Ceiling Fan(s), Lighting - Overhead, Game Room, Home Office
  • Door Features: French Doors, Insulated Doors
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Gas Cooktop
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Skylight, Ceiling Fan(s), Closet, Flooring - Wood, Remodeled
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Room Master Bedroom Features: Skylight, Ceiling Fan(s), Beamed Ceilings, Closet, Flooring - Wood, Balcony - Interior, Closet - Double
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Shower Stall, Remodeled, Lighting - Overhead, Beadboard, Crown Molding
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Bathroom - With Shower Stall, Bathroom - With Tub, Skylight, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce, Lighting - Overhead, Soaking Tub
  • Bathroom 3 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Remodeled, Lighting - Sconce, Pedestal Sink
  • Bathroom 3 Level: Basement
  • Room Dining Room Features: Closet/Cabinets - Custom Built, Flooring - Wood, Window(s) - Picture, Window(s) - Stained Glass, Open Floorplan, Remodeled, Wainscoting, Lighting - Overhead, Crown Molding, Decorative Molding
  • Room Dining Room Level: First
  • Room Family Room Level: Main,First
  • Room Family Room Features: Skylight, Cathedral Ceiling(s), Beamed Ceilings, Flooring - Wood, Window(s) - Picture, Balcony / Deck, Balcony - Interior, French Doors, Cable Hookup, Deck - Exterior, Exterior Access, High Speed Internet Hookup, Open Floorplan, Remodeled, Gas Stove, Lighting - Overhead
  • Room Kitchen Level: First
  • Room Kitchen Features: Skylight, Cathedral Ceiling(s), Flooring - Wood, Window(s) - Stained Glass, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Remodeled, Lighting - Overhead
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Sink, In Basement
  • Room Living Room Level: First
  • Room Living Room Features: Closet/Cabinets - Custom Built, Flooring - Wood, Open Floorplan, Wainscoting, Crown Molding, Decorative Molding
  • Room Office Level: Third
  • Room Office Features: Ceiling - Cathedral, Ceiling Fan(s), Flooring - Wood, Window(s) - Stained Glass, Lighting - Overhead
  • Basement: Partially Finished, Walk-Out Access, Interior Entry
  • Above Grade Finished Sq Ft: 2039
  • Below Grade Sq Ft: 440
  • Living Area: 2479
  • Spa YN: No
  • Window Features: Window(s) - Stained Glass, Insulated Windows, Screens
  • MAIN LO: M59500
  • MAIN SO: AN8685

Exterior Features

  • Exterior Features: Deck - Composite, Patio, Covered Patio/Deck, Storage, Professional Landscaping, Sprinkler System, Decorative Lighting, Screens, Stone Wall, Other
  • Construction Materials: Frame, Post & Beam
  • Foundation Details: Concrete Perimeter, Block, Other
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Composite, Patio, Covered
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Metal
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Waterfront, Lake, Dock/Mooring, Frontage, Direct Access, Private, Other (See Remarks), Walk to, 1/10 to 3/10 To Beach
  • Waterfront YN: Yes
  • Waterview Flag: Yes

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Detached, Garage Door Opener, Storage, Off Street, Deeded, Driveway
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: Heat Pump, Dual, Ductless, Whole House Fan
  • Heating: Baseboard, Oil
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 3
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, Other
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0L37 B:0007 L:0,530922
  • Zoning: RLF
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8560
  • Lot Size Units: Acres
  • Property Attached YN: No

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 15472

Multi Family

  • Basement Included Sq Ft: Yes
  • Waterview: Dock/Mooring, Lake, Private

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2025
Closed on
Oct 30, 2025
Sold by
Newell William C
Bought by
Racca James A and Racca Suzan
Seller's Agent
Gail DuBois
William Raveis R.E. & Home Services
Buyer's Agent
Amy Sault
Century 21 Custom Home Realty
List Price
$1,499,000
Sold Price
$1,330,000
Premium/Discount to List
-$169,000
-11.27%
Views
214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.01%
Original Mortgage
$613,000
Outstanding Balance
$613,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$740,091

Purchase Details

Closed on
Feb 12, 1999
Sold by
Foley Susanna K
Bought by
Newell William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 1992
Sold by
Spencer George C and Gerrish Mary N
Bought by
Foley Susanna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $1,330,000 --
Land Court Massachusetts $265,000 --
Leasehold Conv With Agreement Of Sale Fee Purchase Hawaii $200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $613,000 Purchase Money Mortgage
Previous Owner $417,000 No Value Available
Previous Owner $212,000 Purchase Money Mortgage
Previous Owner $160,000 Purchase Money Mortgage
Closed $26,500 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2025 10/30/25 Sold $1,330,000 -4.9% $537 / Sq Ft
09/25/2025 09/25/25 Pending -- -- --
09/02/2025 09/02/25 Price Changed $1,399,000 -6.7% $564 / Sq Ft
05/15/2025 05/15/25 For Sale $1,499,000 -- $605 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,472 $1,091,100 $374,300 $716,800
2024 $15,246 $1,043,500 $356,500 $687,000
2023 $14,982 $947,600 $312,800 $634,800
2022 $14,690 $862,600 $284,400 $578,200
2021 $14,086 $824,700 $275,800 $548,900
2020 $13,387 $795,900 $269,200 $526,700
2019 $13,448 $783,200 $259,300 $523,900
2018 $12,763 $755,200 $246,700 $508,500
2017 $12,252 $729,300 $239,500 $489,800
2016 $12,096 $710,300 $234,800 $475,500
2015 $11,658 $649,100 $210,200 $438,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73374151

MLS Property Information Network (MLS PIN)

APN: HOPK-000037L-000007