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514 Old County Rd, Wales, MA, 01081

4beds
2baths
1,450sqft
$494,900
$341price/sqft
$3,640/moest. monthly cost
$145,600/yrincome needed

About This Home

New Custom Colonial to be built on a tree-lined street in a newer subdivision on the Holland / Wales town line with an over 1.5 acre lot. 1st floor features a Living room, a bedroom (or use it as an office or den), Kitchen w/ all wood cabinets, island & granite countertops, Dining Room, Bathroom & Laundry. Luxury vinyl plank flooring throughout 1st floor. 2nd floor features a main bedroom with two closets, 2 additional bedrooms & a full bath with tile or LVP flooring. Granite countertops in both bathrooms. 200 amp electrical. Vinyl siding. Walk-out basement with option to finish. Heating system is a dual fuel system. Appx 2 miles to Lake George. Public beach & boat ramp. Pictures are of similar homes builder has constructed & Lake George. Part of the Union 61 / Tantasqua School District. Option to choose finishes. Come make this new home your own!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
5
BikeSomewhat Bikeable

Schools

7/10
Holland Elementary SchoolGrades PK-62.7 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater,Water Heater,Plumbed For Ice Maker
  • Laundry features: First Floor,Electric Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Interior Entry,Concrete

Bathroom1

  • Level: First

Bathroom2

  • Level: Second

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedroom4

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First

Features

  • Internet Available - Unknown
  • Door features: Insulated Doors
  • Window features: Insulated Windows,Screens
  • Flooring: Tile,Vinyl,Carpet,Concrete
  • Finished area above ground: 1,450

Heating & Cooling

  • Heating features: Central,Heat Pump,Propane,Other
  • Cooling features: Central Air,Heat Pump,Other

Interior Area

  • Total structure area: 1,450
  • Total interior livable area: 1,450 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bathroom

  • Features: No

Master Bedroom

  • Level: Second

Property

Details

  • Parcel number: 5167096
  • Zoning: Res
  • Foundation area: 725

Features

  • Exterior features: Rain Gutters,Screens
  • Waterfront features: Lake/Pond,Beach Ownership(Public)

Lot

  • Lot size: 1.60 Acres
  • Features: Cleared

Parking

  • Total spaces: 6
  • Parking features: Paved Drive,Off Street,Paved
  • Has uncovered spaces: Yes
  • Uncovered spaces: 6

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Hurricane
Ice Storm

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,502$30,024
Home Insurance *$203$2,436
Property Taxes $581$6,972
Electricity $354$4,259
Total$3,640$43,680
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$124,800/yr
40% on housing$109,200/yr
45% on housing$97,066/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.2%
-0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$341This listing

vs Other Active Listings

Avg $/sqft

ZIP 01081$190
Hampden County$187

vs Homes Sold Last Month

Median $/sqft

ZIP 01081$288
Hampden County$227

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-09Price change$499,900
2026-02-26Price change$494,900
2025-11-20Listed for sale$499,900
2024-10-29Listing removed$499,000
2023-12-05Listed for sale$499,000
2023-02-23Listing removed--
2022-07-31Listed for sale$549,000

New Construction

AgentNina Ferraro Sweares
BrokerageRE/MAX Prof Associates

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