31 Lantern Lane, Wellesley MA 02481

Wellesley, MA 02481

$1,299,000

Est. $7,504/month

Beds

Baths

2,233

Sq Ft

$582

Price/Sq Ft

0.32

Acres

1910

Year Built

Multi Family

Type

11 hours 56 minutes

Time on Market

Active Listed Jun 12, 2026 • MLS# 73535428 Copied!

About this home

Wonderful opportunity to own an affordable two-family home in Wellesley. Don't miss this charming two-family home nestled in a desirable neighborhood setting — rich in character and architectural detail with a stunning wrap-around porch that sets it apart. Each unit offers 2 bedrooms, updated electrical service, and a large detached 2-car garage adds exceptional value. Commuters will love the easy highway access, while the generous 13,000 SF lot offers ideal outdoor space with lots of possibilities. Whether you're an investor, or renovator with a dream, this attractive older home is your canvas. Bring your vision and decorating ideas and unlock the full potential of this truly rare offering, opportunities like this don't come along very often.

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Property Overview

Property Type

Multi Family

Listing Type

For Sale

Year Built

1910

Bedrooms

Full Bathrooms

Living Area

2,233 sq ft

Total Rooms

Stories

Levels

Facts & Features

2 Car Garage

Home Facts

Type Residential Income

Style Multi Family

Year Built 1910

Living Area 2,233 sq ft

Lot Size 0.32 acres

Bedrooms 4

Full Baths 2

Total Rooms 9

Interior

Heating Central

Cooling None

Flooring Hardwood

Appliances Range, Refrigerator

Fireplace None

Basement Full

Laundry Electric Dryer Hookup, Washer Hookup

Features Living Room, Kitchen, Dining Room, Office/den

Exterior

Construction Frame

Architecture None

Roof Shingle

Features None

Pool None

Spa None

Fencing None

Patio/Porch Porch

Parking

Garage Spaces 2

Has Garage Yes

Features Paved Drive, Off Street

Total Spaces 8

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other For Electric Dryer, Washer Hookup

Financial

Annual Tax $8,831

Assessed Value $859,000

Interior Features

Flooring: Hardwood

Appliances: Range, Refrigerator

Interior Features: Living Room, Kitchen, Dining Room, Office/Den

Windows: Storm Window(s)

Basement: Full

Laundry: Electric Dryer Hookup, Washer Hookup

Security:

Construction & Materials

Year Built: 1910

Structure Type:

Exterior Materials: Frame

Roof: Shingle

Foundation: Stone

Stories: 2

Heating, Cooling & Utilities

Heating: Central

Cooling:

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch: Porch

Fencing:

Other Structures:

Lot Features: Corner Lot, Wooded

Road Surface: Paved

Parking & Garage

Garage Spaces: 2

Total Parking Spaces: 8

Parking Features: Paved Drive, Off Street

Location

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Neighborhood

31 Lantern Lane, Wellesley MA 02481

Wellesley, MA 02481

Walkability

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Nearby Schools

School District

Wellesley School District local

A+

🎓 Where Graduates Go Class of 2021

81% attend college

78% 4-Year 3% 2-Year 56% Out of State 2% Working

✓ School Safety 2024-25

0.3% Low

0.3% Suspensions 0.5% In-School

↓ 5.2% below state avg

Elementary Schools

3 schools

A+

Joseph E Fiske School

0.5 mi | #32 of 824 | Score: 63.6

Improved 28 spots from last year

+5.4 above state avg

278 students Diverse

Rising School Diverse Student Body Strong Attendance

Grades K-05

Preschool at Wellesley Schools

0.5 mi

87 students Diverse

Diverse Student Body

Grades PK

John Eliot School

0.8 mi | #98 of 824 | Score: 59.5

Dropped 40 spots from last year

+1.3 above state avg

397 students Diverse

Diverse Student Body Strong Attendance

Grades K-05

High Schools

2 schools

Clearway School

1.0 mi

Grades 06-12

Fusion Academy

1.4 mi

Grades 06-12

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Property Tax $736

Homeowners Insurance $200

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Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

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Property History

Property Timeline

🏠

Listed for Sale

Jun 12, 2026

$1,299,000

Original listing

Agent: Ned Mahoney Office: eXp Realty LLC - Corporate Office

Date	Event	Price	Change	$/sqft	Details
06/12/2026	🏠 Listed for Sale	$1,299,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Jun 12, 2026	New Listing Added	$1,299,000	—

Market Statistics

Time on Market

11 hours 56 minutes

Price per Sq Ft

$582

Tax History

Year	Taxes	Assessment
2025	$8,831	$859,000

Financial Details

Annual Property Tax

$8,831

Tax Year 2025

Assessed Value

$859,000

Listing Information

Listing Agent Ned Mahoney

Listing Office eXp Realty LLC - Corporate Office

Agent MLS ID BB301765

Office MLS ID AC0342

Listing Data Updated Jun 12, 2026 4:40 PM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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31 Lantern Lane, Wellesley MA 02481

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

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Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

Neighborhood

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High Schools

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