Welcome to Massachusetts, a state with over 3,000 picturesque lakes and ponds, providing recreational activities and valuable habitats for diverse flora and fauna. Each of these waterbodies is unique, with distinctive features and surrounding real estate. Over time, the trend of owning lake houses has evolved, and 94% of Massachusetts lake houses are now used as year-round residences. With prices for waterfront properties ranging from $180,000 to over $3 million for luxurious estates, investing in a second home in Massachusetts’ lakeside communities can be an exciting prospect.Â
In this article, we’ll explore the most expensive lakes in Massachusetts to buy a second home and what makes them a worthwhile investment. Let’s dive in and explore these beautiful lakeside houses.
As a disclaimer, the below figures are averages based on the current market and recent listing prices available online. The amount is subject to change.
1. Whitehall Reservoir – $22,862,285
Whitehall Reservoir is a stunning state-owned body of water nestled in Hopkinton, MA. This captivating reservoir spans an impressive 575 acres, offering a peaceful haven for those seeking respite from the demands of everyday life.
Once a crucial water supply for regions west of Boston, it played its part until the Quabbin Reservoir was created in 1939. With the transition to alternative water sources, Whitehall Reservoir transformed into a state park, opening its doors to the public and preserving its natural wonders. Consequently, the reservoir has remained largely undeveloped, providing a sense of untamed wilderness and tranquility.
Whitehall State Park, encompassing the reservoir’s entire shoreline, offers more than just water-based activities. You can embark on a picturesque hiking trail that winds its way around the reservoir, treating them to captivating views at every twist and turn.
Development and Regulations
The number of properties around Whitehall Reservoir is limited. Most homes are located across the street from the lake, allowing residents to relish breathtaking views while maintaining their privacy. These lake houses boast state-of-the-art amenities, offering a luxurious and comfortable lifestyle.
With less than 10% of the shoreline developed, Whitehall Reservoir proudly maintains its pristine natural beauty and unspoiled charm.
The shoreline of Whitehall Reservoir is a beautiful sight to behold, with a charming blend of deciduous and coniferous trees that adorn the landscape. These lush trees provide a stunning backdrop, making the reservoir an idyllic setting to live in.
Recreation
Whitehall Reservoir offers a variety of recreational activities for visitors and locals. Apart from hiking, there might be opportunities for fishing, boating, kayaking, or canoeing on the reservoir. These activities allow people to engage with the natural surroundings and enjoy the water.
It’s important to note that properties surrounding Whitehall Reservoir are highly coveted and come with a substantial price tag. This is the most expensive lake to buy a house in Massachusetts. With limited housing options and a wealth of amenities, the average price of a home in this area is approximately $22,862,285.
2. Upper Mystic Lake – $5,472,500
Located near the picturesque towns of Medford and Arlington in Middlesex County, Upper Mystic Lake is a stunning body of water and part of the renowned Mystic Lakes.
Spanning 200 acres and reaching depths of up to 85 feet, this lake offers an enchanting experience for both residents and visitors.
With its charming shoreline, which is only moderately developed with homes and boating clubs, Upper Mystic Lake exudes a sense of tranquility, natural beauty, and exclusivity. The east and south shores are fully protected as parkland by the DCR, ensuring that the scenic surroundings remain preserved for generations to come.
One of the standout features of Upper Mystic Lake is its boating options. No matter your preference, whether it’s kayaking, canoeing, sailing, or cruising on an electric motorboat, this lake has an activity for everyone to enjoy on the water. However, it’s important to note that gas engines are prohibited, ensuring a peaceful and environmentally-friendly experience. The lake’s regulations enforce horsepower and speed restrictions, promoting safety and serenity.
Upper Mystic Lake also provides excellent fishing opportunities for anglers. The lake is home to a variety of fish species, such as bass, trout, and sunfish. Fishing enthusiasts can enjoy casting their lines from boats or the shoreline, adding to the recreational options available on the lake.
Development and Regulations
The desirability of the properties around Upper Mystic Lake is unparalleled. With 25-50% shoreline development, the area strikes a harmonious balance between residential areas and natural landscapes. Above all, restaurants, shops, and Whole Foods Market are all accessible through a short drive!
With its protected land and convenient proximity to Boston, this lake is one of the most desirable places to live in all of Massachusetts. That’s why, when it comes to purchasing a house, Upper Mystic Lake holds the impressive title of being the second most expensive lake in the state.
The average price for a lake house in this exclusive location is an astonishing $5,472,500! The allure of the protected surroundings and the lake’s sheer beauty contribute to the high demand and prestige associated with owning a property here.
3. Secret Lake – $1,200,000
Looking for privacy? Look no further than the exclusive and secluded oasis known as Secret Lake, nestled between the charming towns of Phillipston and Athol in Worcester County. With its local name being Reservoir #2, this hidden gem spans 80 acres of pristine beauty.
Surrounded by lush greenery and boasting a remarkable shoreline split between the two towns, Secret Lake offers an unparalleled sense of privacy and tranquility. Its access roads and shorelines are privately owned and meticulously maintained by an association comprising around 70 property owners and approximately 40 exquisite homes.
For those seeking a touch of modernity, electric motor boats are allowed with a 10 HP limit. The limit will ensure a harmonious balance between enjoying the lake and preserving its serene atmosphere.
The allure of Secret Lake lies not only in its seclusion but also in the remarkable natural features it possesses. The lake is spring-fed, resulting in remarkably clean and refreshing waters. Delve into the depths of this aquatic paradise, where the average depth measures a captivating 12 feet, with certain areas plunging to a maximum depth of 20 feet.
Development and Regulations
While the idyllic setting of Secret Lake may present challenges for development, such as its rocky terrain and ledges, the homes that do exist exude elegance and craftsmanship. The lakeside community in this area is famous for its stunning architecture, boasting some of the most exquisite residences in Massachusetts. It’s no wonder that the average price for a lakefront property in this prestigious enclave is an astounding $1,200,000.
Parking spaces and public boat access may be absent from Secret Lake. This only enhances the exclusivity and solitude of its fortunate residents. With shoreline development ranging between 25% and 50%, the natural beauty of the area remains largely untouched. The lack of development showcases the harmonious coexistence between nature and luxurious living.
4. Onota Lake – $912,450
Nestled within the charming town of Pittsfield, Massachusetts, lies the enchanting Onota Lake. This picturesque oasis is renowned as one of the most sought-after places to live. The area provides a slice of paradise for those in search of an idyllic home. Spanning an impressive 617 acres, this captivating lake is owned and managed by the City of Pittsfield. The city ensures its pristine beauty is preserved.
Beyond its breathtaking scenery, Onota Lake offers an array of recreational activities for residents and visitors alike. The lake’s strategic location makes it a hotspot for anglers, swimmers, water skiers, and sailing enthusiasts. As you explore the depths of Onota Lake, you’ll encounter abundant aquatic vegetation, creating a vibrant and thriving ecosystem that supports a diverse range of wildlife.
Onota Lake’s size and scenic beauty make it an ideal destination for boating and water sports enthusiasts. On any given day, you may see everything ranging from fishing boats, water skiers, kayaks, canoes, jet skis, sailboats, and more.
Approximately a quarter of Onota Lake’s picturesque shoreline is protected within a delightful city park. The park serves as a sanctuary for nature lovers and provides a haven for various species of wildlife. A local hospital owns another section of the shoreline.
Development and Regulations
Development around the lake is under careful regulation. Most properties are located at the northeast and southwest ends. This controlled growth ensures that the natural splendor of Onota Lake remains undisturbed.
Properties around Onota Lake cater to a diverse range of tastes and preferences. Whether you’re in search of a luxurious lakeside estate or a cozy cottage, you’ll find a wide selection of homes that suit your lifestyle.
The average price for properties around Onota Lake sits comfortably in the middle, at around $912,450. However, the market offers opportunities for both high-end and more affordable options, allowing prospective residents to find their dream lakeside retreat.
5. White Island Pond – $767,450
White Island Pond, situated near the towns of Wareham and Plymouth, offers a perfect setting for lakeside living. This stunning system of two interconnected ponds spans a generous 280 acres. The area provides residents with ample space to enjoy the beauty of their surroundings. With an average depth of 12 feet and a maximum depth of 19 feet, White Island Pond offers a refreshing oasis for water enthusiasts and nature lovers alike.
Swimming in White Island Pond is permissible, albeit with certain restrictions in place, to ensure the safety and well-being of all visitors. While this may seem like a minor inconvenience, these regulations contribute to maintaining the pristine condition of the lake. This makes it one of the most desirable destinations for homeowners seeking a high-quality living environment.
This picturesque location is surrounded by other enchanting bodies of water, such as Fawn Pond, Deer Pond, and Ezekiel Pond.
The White Island Pond Conservation Alliance, Inc. stands as a testament to the dedication and commitment of residents to preserve and restore this precious natural resource.
Recreation
As one of the most revered lakes in Massachusetts, White Island Pond boasts full recreational status. Four lake associates support it. Three of which are neighborhoods and one encompasses the entire lake. Together, these associations work tirelessly to ensure the cleanliness and well-being of the lake. They complete regular water testing conducted by state authorities. Moreover, the pond’s unique spring-fed nature aids in its self-cleansing properties, adding to its allure as a pristine retreat.
For those avid anglers, White Island Pond is a perfect spot for a second home. It houses largemouth bass, smallmouth bass, chain pickerel, yellow perch, white perch, brown bullhead, and pumpkinseed.
While the shoreline of White Island Pond features 50-75% development, the lake remains surrounded by lush forests and abundant greenery. Despite its popularity and desirability, this picturesque location has managed to retain its natural charm. This makes it a coveted choice for homeowners.
Properties around White Island Pond, though slightly more affordable than those we have mentioned earlier. With an average house costing around $767,450, residents enjoy a truly exclusive lakeside living experience that is second to none.
Summary of the Most Expensive Lakes in Massachusetts to Buy a Second Home
Rank | Lake | Average Price |
---|---|---|
1 | Whitehall Reservoir | $22,862,285 |
2 | Upper Mystic Lake | $5,472,500 |
3 | Secret Lake | $1,200,000 |
4 | Onota Lake | $912,450 |
5 | White Island Pond | $767,450 |
The photo featured at the top of this post is © Yingna Cai/Shutterstock.com
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