31 Lantern Lane, Wellesley MA 02481
Wellesley, MA 02481
$1,299,000
Est. $7,504/month
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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.
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Pending Sale
Aug 5, 2026
Offer accepted, sale pending
Showing Instructions Updated
Jun 26, 2026
New showing requirements
Showing Instructions Updated
Jun 22, 2026
New showing requirements
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 |
|---|---|---|---|---|---|
| 08/05/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 06/26/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 06/22/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 06/12/2026 | 🏠 Listed for Sale | $1,299,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $8,831 | $859,000 |
Financial Details
Annual Property Tax
$8,831
Tax Year 2025
Assessed Value
$859,000
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
Investment Metrics
Units
2
Unit 1 Rent
— · N
Unit 2 Rent
— · N
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
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Norfolk
Total market time (incl. prior listings)
55 days
Property Overview
Property Type
Multi Family
Listing Type
Sale Pending
Year Built
1910
Bedrooms
4
Full Bathrooms
2
Living Area
2,233 sq ft
Total Rooms
9
Stories
2
Levels
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,233 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
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
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
10 schools
St. John the Evangelist School
1.3 mi
Grades PK-06
Star Academy Boston (Wellesley Campus)
2.8 mi
Grades PK-12
Tenacre Country Day School
3.1 mi
Grades PK-06
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
A
Schofield School
0.8 mi
|
#141 of 824
|
Score: 57.4
Dropped 77 spots from last year
-0.9 below state avg
291 students
Diverse
Strong Attendance
Grades K-05
A
Hunnewell School
3.0 mi
|
#162 of 824
|
Score: 56.6
Dropped 73 spots from last year
-1.6 below state avg
294 students
Moderate
Strong Attendance
Grades K-05
A
Sprague Elementary School
3.1 mi
|
#165 of 824
|
Score: 56.3
Dropped 129 spots from last year
-1.9 below state avg
289 students
Diverse
Diverse Student Body
Grades K-05
A
Katharine Lee Bates School
3.4 mi
|
#119 of 824
|
Score: 58.1
Dropped 114 spots from last year
-0.2 below state avg
286 students
Moderate
Strong Attendance
Grades K-05
A+
John D Hardy School
3.7 mi
|
#51 of 824
|
Score: 62.2
Dropped 23 spots from last year
+4 above state avg
280 students
Diverse
Diverse Student Body
Strong Attendance
Grades K-05
Middle Schools
1 school
A+
Wellesley Middle School
2.7 mi
|
#7 of 352
|
Score: 64.5
Same rank as last year
+6.3 above state avg
919 students
Diverse
Strong Attendance
Grades 06-08
High Schools
3 schools
Dana Hall School
3.1 mi
Grades 06-12
A+
Wellesley Sr High School
2.3 mi
|
#28 of 346
|
Score: 71.3
Improved 63 spots from last year
+13.1 above state avg
1,262 students
Diverse
20 sports
• 2,762 athletes
Strong AP Program
High Graduation Rate
Rising School
Strong Athletics
Grades 09-12
North American Hockey Academy
4.1 mi
Grades 09-12
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Down: $0
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Monthly Payment Breakdown
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Property Tax
$736
Homeowners Insurance
$200
PMI (if <20% down)
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Loan Summary
Total of 360 payments
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
31 Lantern Lane, Wellesley MA 02481
Wellesley, MA 02481
Listing Information
Listing Agent
Ned Mahoney
Listing Office
eXp Realty LLC - Corporate Office
Office Phone
888-854-7493
Agent MLS ID
BB301765
Office MLS ID
AC0342
Listing Data Updated
Aug 6, 2026 11:50 AM 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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