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51 Lake Shore Dr, Sterling, MA, 01564

1beds
1baths
1,090sqft
$1,200,000
$1,101price/sqft
$8,105/moest. monthly cost
$324,200/yrincome needed

About This Home

Lakefront opportunities like this are few and far between! Situated on the shores of Lake Waushacum, this exceptional property offers 75 feet of direct waterfront and some of the most breathtaking panoramic views on the entire lake. Spanning approximately 188 acres, Lake Waushacum is one of Central Massachusetts' premier recreational lakes, offering boating, fishing, swimming, waterskiing, kayaking, and more. Enjoy it all from your private dock while taking in sweeping open-water views. The existing home provides the opportunity to expand or reimagine the space to suit your vision. Whether you're looking to create a year-round lakeside retreat, a seasonal getaway, or build the custom lake house you've always dreamed of, the possibilities are endless. Rarely does a property with this location, frontage, and view become available!

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

7/10
Chocksett Middle SchoolGrades 5-81.7 mi
7/10
6/10

Construction

Condition

  • Year built: 1935

Materials

  • Foundation: Other
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

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

Interior

Appliances

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

Basement

  • Basement: Crawl Space

Bathroom1

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: First

Features

  • Finished area above ground: 1,090

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,090
  • Total interior livable area: 1,090 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bathroom

  • Features: No

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: M:00149 L:00041,3431167
  • Zoning: RRF

Features

  • Patio & porch: Deck
  • Exterior features: Deck
  • Has view: Yes
  • View description: Scenic View(s),Water,Dock/Mooring,Lake,Public Water View
  • Has water view: Yes
  • Water view: Dock/Mooring,Lake,Public,Water
  • On waterfront: Yes
  • Waterfront features: Waterfront,Lake,Dock/Mooring,Frontage,Direct Access,Public,Lake/Pond,0 to 1/10 Mile To Beach,Beach Ownership(Public)
  • Frontage length: 63.00

Lot

  • Lot size: 6,969 sqft
  • Features: Cleared,Level

Parking

  • Total spaces: 5
  • Parking features: Detached,Off Street,Paved
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 3

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

  • Ice Storm
    Ice StormRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Ice Storm
Cold Wave
Hurricane
Inland Flooding
Landslide
Lightning
Strong Wind

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 $6,067$72,804
Home Insurance *$408$4,896
Property Taxes $1,276$15,312
Electricity $354$4,259
Total$8,105$97,260
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$277,885/yr
40% on housing$243,150/yr
45% on housing$216,133/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

$1,101This listing

vs Other Active Listings

Avg $/sqft

ZIP 01564$270
Worcester County$265

vs Homes Sold Last Month

Median $/sqft

ZIP 01564$285
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)

Price History

DateEventPrice
2026-06-01Listed for sale$1,200,000
1990-06-01Sold$155,000

For Sale by Agent

AgentMaria Troka
BrokerageA & E Realty Company, Inc.

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