Why Live in Lakeside
Lakeside, a neighborhood in Wakefield, Massachusetts, features a mix of single-family homes, condos, townhouses, and apartments. Common architectural styles include Ranch, bungalow, and Colonial Revival. Homes here sell quickly, averaging 11 days on the market, and have an average value of about $840,000, which is higher than the national average but lower than the Boston metro area average. Lake Quannapowitt borders Lakeside to the west, offering residents access to Colonel Connelly Park with its playground, walking trails, and green space, and Spaulding Playground, known for sunset views and kayak rentals. Local dining options include The Gingerbread Construction Co., Honey Dew Donuts, Bellino’s Trattoria, Meletharb Ice Cream, and Plazita Mexico Tacos. Grocery stores Farmland and Shaw’s are located 2 miles south. Lakeside hosts Massachusetts’ largest Fourth of July parade, which concludes with fireworks over Lake Quannapowitt. The neighborhood is car-dependent, situated 16 miles north of Boston, with Interstate 95 running through its north end and the 137 MBTA bus providing access to Oak Grove and the Haverhill Line to Boston. The nearest medical center is MelroseWakefield Hospital, 5 miles south, and Boston Logan International Airport is 14 miles away. Schools in Lakeside include Dolbeare Elementary, Galvin Middle School, and Wakefield Memorial High School, with the latter two having high ratings and a graduation rate of over 98% in 2023.
Frequently Asked Questions
Is Lakeside a good place to live?
Lakeside is a good place to live. Lakeside is considered somewhat walkable and somewhat bikeable with some transit options. Lakeside has 3 parks for recreational activities. It has a median age of 45. The average household income is $152,235 which is above the national average. College graduates make up 54.9% of residents. A majority of residents in Lakeside are home owners, with 23.7% of residents renting and 76.3% of residents owning their home. A
local real estate agent serving Lakeside can help you decide if this neighborhood is the right one for you. Learn more on our
Lakeside neighborhood guide.
How much do you need to make to afford a house in Lakeside?
The median home price in Lakeside is $1,089,000. If you put a 20% down payment of $217,800 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $5,640 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $242K a year to afford the median home price in Lakeside. The average household income in Lakeside is $152K.
What are the best public schools in Lakeside?
The best public schools that serve Lakeside are:
What are the best private schools in Lakeside?
The best private schools that serve Lakeside are:
- Odyssey Day School has an A+ Niche grade, a student teacher ratio of 9:1 and an average review score of 4.6.
- St Joseph School has an A+ Niche grade and a student teacher ratio of 12:1.
What are the most popular zip codes in Lakeside, Wakefield, MA?
What are the most popular neighborhoods near Lakeside, Wakefield, MA?
Home Trends in Lakeside, MA
On average, homes in Lakeside, Wakefield sell after 33 days on the market compared to the national average of 70 days. The median sale price for homes in Lakeside, Wakefield over the last 12 months is $1,089,000, up 36% from the median home sale price over the previous 12 months.
Median Sale Price
$1,089,000
Median Single Family Sale Price
$1,089,000
Average Price Per Sq Ft
$438
Number of Homes for Sale
0
Last 12 months Home Sales
9
Median List Price
$1,089,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
36%