Waltham Home of the Week: 501 Lexington St., Unit 44

This spacious ranch in popular Clark's Pond is a rare opportunity to reside in a spacious three bedroom home within a fluid, open floor plan that offers the ambiance of a single-family home and the benefits of communal. With 3,000 square feet of living space distributed throughout two finished levels, each room has incredibly spacious dimensions and designed for a level of comfort and luxury typically reserved for larger-scale single-family homes.

The main level boasts a lovely 16 x 13 square foot fireplaced living room that seamlessly flows into the 16 x 13 square foot formal dining area. These two rooms, as well as the attached deck that overlooks conservation grounds, effortlessly encourages united entertaining indoors and out. The sun-splashed 17 x 15 square foot eat-in kitchen is the perfect central hub with welcoming ingredients that include light wood cabinets, plenty of counter space and a dining area with a bay window.

Two bedrooms are also conveniently included on this floor for residents with an impressive 21 x 15 square foot master suite with a deluxe, full private bath and a 17 x 16 square foot bedroom accompanied by another full common bath. The finished above-ground lower level takes full advantage of this home's liberal footprint with a large 22 x 12 square foot bedroom suite with a full private bath and a wonderful 36 x 21 square foot family room that leads to a private outdoor patio.

In addition to this home's personal amenities, that also includes two-zone natural gas heating, central air conditioning, central vacuum, a security system, an attached one-car garage and abundance of storage space, the 88 units at Clark's Pond also enjoy shared expenses, such as snow and refuse removal, water and sewer bills, master insurance, exterior and road maintenance and landscaping.

This purchase is the perfect solution for prospective homeowners looking to downsize from a single-family home and its burdensome maintenance responsibilities or new title-holders wishing to minimize repair and service costs. This week's showcase property is one of those versatile properties that will appeal to a broad range of buyers and fulfill all of their varying needs.

Location: 501 Lexington St., Unit 44

Price: $595,000

Rooms: 7

Bedrooms: 3

Baths: 3 full

Living Area: 3,093 sq. ft.

Listing Agent: Michael Hughes, RE/MAX Leading Edge, 617-340-9988

If you are a realtor or a home owner selling a home and want to be featured in an upcoming Home of the Week, please email Michele Taranto at m.taranto@aol.com.