5 Wave Ave, Wakefield, MA 01880
Property image
Property image
OFF MARKET

$1,312,900

Trulia Estimate
  • 4 Beds
  • 4 Baths
  • 2,927 sqft

5 Wave Ave, Wakefield, MA 01880

Est. Refi. Payment $7,860/mo*
Refinance Your Home
Currently Off Market - Sold Oct 31, 2014 for $774,900

Home Value

Trulia Estimate
$1.31M
Since last month
Decreased$19K (-1.4%)
Since last year
Increased$29K (+2.2%)
Since last sale
Increased$539K (+69.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +54% in the last 10 years
MonthEstimated value
2026
August 2026$1.31M
July 2026$1.33M
June 2026$1.35M
May 2026$1.37M
April 2026$1.31M
March 2026$1.31M
February 2026$1.26M
January 2026$1.22M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
11 Lawrence St, Wakefield, MA
0.06
Single-Family Home
$1,125,000
04/30/26
4
3
2,457
48 Cordis St, Wakefield, MA
0.37
Single-Family Home
$930,000
01/07/26
3
2.5
3,004
33 Bryant St, Wakefield, MA
0.27
Single-Family Home
$1,014,588
08/21/26
4
2.5
1,561
284 Main St, Wakefield, MA
0.29
Single-Family Home
$1,300,000
06/26/26
5
2.5
3,000
36 Salem St, Wakefield, MA
0.22
Single-Family Home
$765,000
09/19/25
3
1.5
1,750
45 Aborn Ave, Wakefield, MA
0.20
Single-Family Home
$910,000
10/17/25
3
1.5
1,632
47 Aborn Ave, Wakefield, MA
0.21
Single-Family Home
$855,000
11/10/25
3
1.5
1,386
16 Pleasant St, Wakefield, MA
0.45
Single-Family Home
$762,000
03/31/26
4
1.5
2,174
117 Salem St, Wakefield, MA
0.31
Single-Family Home
$730,000
10/06/25
3
1.5
1,644
41 Salem St, Wakefield, MA
0.22
Single-Family Home
$600,100
04/21/26
4
2
1,482

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
11 Lawrence St, Wakefield, MA 01880
0.06
$1,125,000
4
3
2,457
Recently Sold
19 Lawrence St, Wakefield, MA 01880
0.09
$1,432,400
3
3
3,125
Off Market
20 Lawrence St #2, Wakefield, MA 01880
0.10
$899,000
2
2.5
1,350
For Sale
20 Lawrence St #3, Wakefield, MA 01880
0.10
$913,000
2
2.5
1,520
Off Market
11 Rochelle Dr, Wakefield, MA 01880
0.12
$823,200
2
1
1,796
Off Market
37 Aborn Ave, Wakefield, MA 01880
0.16
$965,800
3
1.5
1,849
Off Market
108 Pleasant St, Wakefield, MA 01880
0.17
$863,300
3
1.5
1,952
Off Market
45 Aborn Ave, Wakefield, MA 01880
0.20
$929,200
3
1.5
1,632
Off Market
5 Swain Pl, Wakefield, MA 01880
0.19
$766,900
4
1.5
1,556
Off Market
47 Aborn Ave, Wakefield, MA 01880
0.21
$855,000
3
1.5
1,386
Recently Sold
21-21A Sweetser St, Wakefield, MA 01880
0.23
-
5
2
2,065
Off Market
31 Sweetser St, Wakefield, MA 01880
0.23
$835,800
4
2
1,773
Off Market

Local Information

  • Map ViewExplore the area around 5 Wave Ave.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1929
Living Area
2,927 sqft
Price/Sqft
$449
Parking
Garage

About this House

A truly remarkable property blending the classic period architecture of the past with the stylish décor of the present. The property is located in Wakefield's premier Lake Quannapowitt area and steps away from the Lake. If you like to walk, run, or enjoy the natural beauty of being almost lakeside, this property has it all. This eleven room home has 3 1/2 finished levels including 4 bedrooms and 3 1/2 baths. The exterior of the property includes multiple patios, professional maintained lawns, and a charming garden shed. Turning back the pages of time, there is a unique heated carriage house/two car garage. The carriage house would be a quite refuge for the professional who works at home, but removed from the activities of the family home. And let us not forget the 40 foot rooftop deck with beautiful motorized retractable awnings for entertaining, sunbathing, or simply enjoying the gorgeous views of Lake Quannapowitt.
5 Wave Ave, Wakefield, MA 01880 is a 4 bedroom, 4 bathroom, 2,927 sqft single-family home built in 1929. It last sold for $774,900 on Oct 31, 2014. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,312,900, with a rent estimate of $5,161/month.

Home Details for 5 Wave Ave

Interior Features

Interior Details
BasementNumber of Rooms: 9
Heating & Cooling
Heating: OilAir ConditioningHeating Fuel: Oil
Levels, Entrance, & Accessibility
Stories: 2
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: OtherExterior: Wood
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1929Year Updated: 2000
Property Type / Style
Property Type: Single Family HomeArchitecture: Colonial

Community

Units in Building: 1

Lot Information

Lot Area: 6098 sqft

Price and Tax history

DateEventPrice
Oct 31, 2014
Source: N/A
Sold
$774,900
Sep 12, 2014
Source: Agent Provided
Pending
$769,900
Sep 3, 2014
Source: Agent Provided
Listed For Sale
$769,900
Jul 30, 2009
Source: N/A
Sold
$683,000
Jun 14, 2009
Source: Agent Provided
Listed For Sale
$699,900

Market trends in Wakefield

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$809K
$3.25KMoM
Sale-to-List Price
—
Price per sq ft
$490
$22MoM
Available listings
56
2MoM

Around this home

What Locals Say about Wakefield

At least 153 Trulia users voted on each feature.

  • 91 % Say it's dog friendly

  • 89 % Say parking is easy

  • 86 % Say there are sidewalks

  • 84 % Say people would walk alone at night

  • 84 % Say there's holiday spirit

  • 82 % Say yards are well-kept

  • 80 % Say car is needed

  • 77 % Say streets are well-lit

  • 75 % Say kids play outside

  • 73 % Say it's walkable to restaurants

  • 72 % Say they plan to stay for at least 5 years

  • 68 % Say it's quiet

  • 62 % Say neighbors are friendly

  • 62 % Say there's wildlife

  • 54 % Say it's walkable to grocery stores

  • 50 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "I have lived in this town for the last 25 years. I own a business downtown here and have a great sense that a small community school system is a great safe location near major highways within 45 minutes to the beaches then an hour away to the ski area and 10 miles to downtown Boston"
    0
    Flag
  • Trulia User
    "The school system is good, especially their music department It's a great marching band too. Great parks and close to Transportation "
    0
    Flag
  • Alton Zink
    "It has good schools lots of local shopping and recreational activity? Wakefield has many highways that bring access to local beaches as well as going north to New Hampshire for skiing and hiking"
    1
    Flag
  • Trulia User
    "I live and own my own business in town, for 24 years. Great place to raise kids . Safe community Walkable, close to public transportation"
    0
    Flag
  • Trulia User
    "Let's make food for Christmas, on Valentine's Day let's make suprimes, Halloween we give sweets to all the children And many other things"
    1
    Flag
  • Trulia User
    "Safe, local kids kids-friendly parks, walking areas, public transportation, good school system Near major roads "
    0
    Flag
  • Trulia User
    "been here 6 years and my neighbors and the neighborhood is the best. We all watch out for one another. It is a very peaceful area and very safe."
    0
    Flag
  • Trulia User
    "digs and walkers are always around. very friendly and secure neighborhood. everyone looks out for each other."
    0
    Flag
  • Trulia User
    "They would love to walk the lake which many residents do. Dog park close by as well. Also, break heart reservation is close by for hiking, swimming and a dog park"
    0
    Flag
  • Trulia User
    "Dog owners love this neighborhood low traffic, and plenty of sidewalk space plenty of places to let the dog off the leash and run parks etc"
    0
    Flag
  • Trulia User
    "Many families in the area, with great fields, parks, and stores within walking distance. All this but still private little neighborhoods."
    0
    Flag
  • Trulia User
    "We love dogs, they are always welcome! Messes are cleaned up and there are plenty of dog walkers and we also have dog parks in and around the area!"
    0
    Flag
  • Trulia User
    "Lots of people walk their dogs around. Always friendly. Nice fields to let them loose in. Everyone is respectful"
    0
    Flag
  • Megangobeille
    "There are two bus lines through Wakefield that end at the orange line Oak Grove or Malden Center, both busses go to both train stations. Commute is 30mins on the bus to oak grove during rush hour and 30mins on the train to Downton Crossing"
    0
    Flag
  • Jennifer B.
    "Easy on commuter rail, it’s about an hour door to door. Orange line in Malden/Medford not far either."
    0
    Flag
  • Jennifercb92
    "There’s a great school system, and it’s in close enough proximity to Boston that it’s a great place to live and raise a family."
    3
    Flag
  • Kaitlyn S.
    "Halloween is a big event . Every house is a party . My husband and I know just about everyone on our street!! We have bbq and fires with the neighbors all summer ."
    0
    Flag
  • Jen M. .
    "My commute to Boston is over an hour each way. I do not recommend driving if you can take the commuter rail to get to work. "
    0
    Flag
  • Kaitlyn S.
    "I’ve lived in this area for 5 years now . It’s like it’s own tiny community. Everyone is very friendly and knows one another . The elementary school is excellent and the commuter rail in a walk away "
    0
    Flag
  • Casey H.
    "Best place I know. Grew up here and bought a home to raise my children. Beat area I know. The schools are great. My kids still can play outside safely and I don’t have to worry. "
    4
    Flag
  • Eileen R.
    "Independence Day Parade Italian Festival Schools events Little League Community Events...….!!!!!!!!!!!"
    0
    Flag
  • Nicole C.
    "People frequently walk their dogs and even walk here from other neighborhoods. It is a safe neighborhood that is very dog friendly"
    0
    Flag
  • Universriot
    "4th of July Parade is the biggest in New England, light up of Hanukkah Menorah at Wakefield Common, every week there is some event near the lake Quannapowitt. "
    3
    Flag
  • Khintlian
    "Not a bad commute to the city. I feel as though Wakefield is a great central location. 95 south traffic is getting worse. North is better"
    2
    Flag
  • Kathleen D.
    "I have lived in this neighborhood for 19 years. The neighbors are lovely & create a friendly atmosphere."
    0
    Flag
  • Sam C.
    "We are huge dog lovers and there are great places to take them for long walks."
    0
    Flag
  • Sam C.
    "The commute is very simple. There are many different ways you can use to get to the heart of Greenwood."
    0
    Flag
  • Sam C.
    "It is a small little community within a bigger town."
    0
    Flag
  • Sam C.
    "It is a GREAT place to raise kids and the school is an awesome place to learn."
    0
    Flag
  • Rebecca R.
    "We do like dogs."
    0
    Flag
  • Rebecca R.
    "It's very beautiful with nice people."
    0
    Flag
  • Denise D.
    "A little congested weekday mornings with traffic coming off of Route 128 and cutting through town to avoid the highway back up."
    0
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  • Denise D.
    "Beautiful Lake Quannapowitt, and very close to the center of town."
    0
    Flag
  • Denise D.
    "Lots of families with small children, and a lot of town activities for children."
    0
    Flag
  • David S.
    "The rail and bus service can take you to Boston and the easy access to major highways makes commuting easy."
    0
    Flag
  • David S.
    "Quiet area, friendly neighbors, suburban bordering on rural, not crowded, lots of small businesses, but no heavy industry. Lots of trees, nice homes and scenery. Easy access to major highways, lots of places to eat or shop, no crime, fire station nearby, prompt police response if needed, & good roads. Also, local bank has a Greenwood office, and you don't have to go far to find what you need. Just a nice environment to live in. Plus, rail service to Boston, and to points North as well."
    0
    Flag
  • Arayadiane
    "very friendly and well maintained neighborhoods. good schools, very safe close to highways. very walkable. love livinh here."
    0
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  • Huyen N.
    "Beautiful wood areas with many hiking trails. Generally quiet and pretty safe neighborhood with nice neighbors."
    0
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  • Ian M.
    "It's an easy commute by car as route 128 is easily accessed. It is also on main MBTA bus and rail routes."
    0
    Flag
  • Ian M.
    "There are older homes that are well maintained, borders lake Quannapowitt."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5 Wave Ave

  • What is 5 Wave Ave estimated to be worth?
    Trulia's estimated value for 5 Wave Ave in Wakefield, MA is $1,312,900.
  • What is the price history for 5 Wave Ave?
    5 Wave Ave in Wakefield, MA last sold for $774,900 in October 2014.
  • Is Wakefield a buyer's or seller's market?
    Wakefield is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Wakefield?
    The median sale price in Wakefield is $809K. That is up $3.25K from the prior month.
  • How big is the lot at 5 Wave Ave?
    The lot at 5 Wave Ave in Wakefield, MA is about 0.14 acres (6,098 sq ft).
  • Does 5 Wave Ave have a garage?
    Yes, 5 Wave Ave in Wakefield, MA has a garage.

Explore by feature - Pet Friendly

16 pet-friendly rentals in Wakefield, MA

Explore by feature - Garage

9 rentals with a garage in Wakefield, MA

Explore by feature - Air Conditioning

24 rentals with air conditioning in Wakefield, MA

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26 rentals with a washer/dryer in Wakefield, MA

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Off Market Homes Near 5 Wave Ave

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