Major $40K Price Reduction To Sell This Great Home!! Opportunity knocks for the Buyer to own a Large Full Dormered Wakefield Cape Cod, with over 1/3 acre of land, Garage and much, much more. Welcome To 371 Water Street. Wakefield. Buyers bring your cosmetic changes and make this 2100+ square foot your Masterpiece. As you enter front door you will feel the uncommon openness of this Cape with Hardwood Floors. Back To Front Kitchen Dining Combination opens to heated sun/breezeway area with wood stove. Then walk to through the sliders to the back deck and huge yard and corner lot. The Upper Level has 2 Large Bedrooms and half bath with room to make multiple full baths. The Finished Lower Level has inlaw potential and a working 3/4 bath and extra kitchen area. Convenient to all Major Highways and Route 1 Saugus area. Wakefield boasts great schools, vibrant down town area and the Wonderful Lake Quannapowitt, one of the areas most walked and utilized Lakes.