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12 Lambs Cove Rd, Phillipston, MA, 01331

1beds
2baths
1,023sqft
$649,900
$635price/sqft
$4,513/moest. monthly cost
$180,520/yrincome needed

About This Home

RARE OFFERING- Cottage on 2 Acres with 325' frontage on Queen Lake! Discover an exceptional opportunity with this property owned by one family for the past 80 years. This attractive single-family residence offers 1023 square feet of thoughtfully designed living space with numerous updates. Property offers a unique blend of rustic charm and modern convenience, ideal for those seeking a tranquil retreat. The kitchen is fully applianced with gas stove. All interior doors are oak pocket doors that store out of the way, living room offers a comforting ambiance, focused around a welcoming center stone fireplace w/propane gas insert. Experience seamless indoor-outdoor living overlooking the lake with a charming sleeping porch, oversized deck perfect for relaxation, and an outdoor dining area designed for al fresco meals. The property also features a private dock, lakeside sauna shed with wood stove, stone patio with stone steps entering the lake, boathouse that doubles as a large workshop/storage shed, direct access to waterfront activities including motorboats, and an outdoor shower, ideal for rinsing off after a day of recreation. Updates Include: 2026 roof shingles, propane generator & leased 500 gallon propane tank, 2 mini-splits, gas fp insert/liner/chimney cap, gas wall furnace, 200 amp electric, windows, exterior doors, 2011 addition (16'x22'), plus more. Inquire today to schedule a private viewing and experience the serene lifestyle this property affords.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

5/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1947

Materials

  • Foundation: Stone,Other
  • Roof: Shingle
  • Construction materials: Frame,Vertical Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Water Heater,Water Heater,Range,Dishwasher,Refrigerator,Washer,Dryer
  • Laundry features: Electric Dryer Hookup,Washer Hookup,First Floor

Basement

  • Has basement: Yes
  • Basement: Partial,Crawl Space,Interior Entry,Dirt Floor,Unfinished

Bathroom1

  • Features: Bathroom - 3/4, Bathroom - With Shower Stall, Closet - Linen, Flooring - Wood, Countertops - Stone/Granite/Solid, Remodeled, Wainscoting, Lighting - Sconce, Lighting - Overhead, Pocket Door
  • Level: First

Bathroom2

  • Features: Bathroom - Half, Flooring - Wood, Countertops - Stone/Granite/Solid, Wainscoting, Lighting - Overhead, Pocket Door
  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Features: Cathedral Ceiling(s), Beamed Ceilings, Flooring - Wood, Window(s) - Picture, Open Floorplan, Lighting - Overhead, Pocket Door
  • Level: First

Features

  • Beamed Ceilings,Dining Area,Wainscoting,Sitting Room,Sauna/Steam/Hot Tub,Internet Available - Unknown
  • Door features: Pocket Door,Insulated Doors
  • Window features: Picture,Insulated Windows,Screens
  • Flooring: Pine,Flooring - Wood
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,023

Heating & Cooling

  • Heating features: Forced Air,Electric,Propane,Ductless,Leased Propane Tank,Other
  • Cooling features: Dual,Ductless

Interior Area

  • Total structure area: 1,023
  • Total interior livable area: 1,023 sqft

Kitchen

  • Features: Cathedral Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Wood, Pantry, Countertops - Stone/Granite/Solid, Remodeled, Stainless Steel Appliances, Gas Stove, Lighting - Overhead, Beadboard
  • Level: First

Living Room

  • Features: Cathedral Ceiling(s), Ceiling Fan(s), Beamed Ceilings, Flooring - Wood, Open Floorplan, Gas Stove, Lighting - Overhead, Pocket Door
  • Level: First

Master Bathroom

  • Features: No

Master Bedroom

  • Features: Ceiling Fan(s), Closet, Flooring - Wood, Remodeled, Wainscoting, Lighting - Overhead, Closet - Double, Pocket Door
  • Level: First

Property

Details

  • Parcel number: M:0054 B:0000 L:0002,3793155
  • Zoning: RC
  • Exclusions: Personal Property

Features

  • Patio & porch: Deck - Exterior,Porch,Porch - Enclosed,Deck - Wood,Patio,Covered
  • Exterior features: Porch,Porch - Enclosed,Deck - Wood,Patio,Covered Patio/Deck,Storage,Screens,Garden,Outdoor Shower,Stone Wall
  • Has view: Yes
  • View description: Scenic View(s),Water,Lake
  • Has water view: Yes
  • Water view: Lake,Water
  • On waterfront: Yes
  • Waterfront features: Waterfront,Lake,Dock/Mooring,Frontage,Direct Access,Private,Lake/Pond,Direct Access,Frontage,0 to 1/10 Mile To Beach,Beach Ownership(Private)

Lot

  • Lot size: 2.02 Acres
  • Features: Wooded,Easements,Cleared

Parking

  • Total spaces: 10
  • Parking features: Shared Driveway,Stone/Gravel,Unpaved
  • Has uncovered spaces: Yes
  • Uncovered spaces: 10

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

No climate risk data available.

How This Home’s Risks Compare

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

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 $3,286$39,432
Home Insurance *$270$3,240
Property Taxes $603$7,236
Electricity $354$4,259
Total$4,513$54,156
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$154,731/yr
40% on housing$135,390/yr
45% on housing$120,346/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: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$635This listing

vs Other Active Listings

Avg $/sqft

ZIP 01331$202
Worcester County$265

vs Homes Sold Last Month

Median $/sqft

ZIP 01331$245
Worcester County$281

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)

No zestimate history available

Price History

DateEventPrice
2026-08-04Pending sale$649,900
2026-08-01Listed for sale$649,900

For Sale by Agent

AgentDianne Zottoli
BrokerageHolden Realty Inc.

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