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31 Lantern Lane, Wellesley MA 02481

Wellesley, MA 02481
$1,299,000
Est. $7,504/month
4
Beds
2
Baths
2,233
Sq Ft
$582
Price/Sq Ft
0.32
Acres
1910
Year Built
2
Garage Spaces
20
Days on Market
Active Listed Jun 23, 2026 • MLS# 73540108 Copied! • Updated Jun 27, 2026

About this home

Wonderful opportunity! Don’t miss this charming Wellesley home located in a desirable neighborhood. This flexible property is currently configured as a two-family residence, making it an excellent starter home with the added benefit of rental income to offset your mortgage. It can also be easily converted back into a spacious single-family dwelling, perfect for accommodating an extended family. The home features a classic wrap-around porch and is set on a generous 13,000 SF lot that offers endless outdoor potential, plus a large detached 2-car garage. Easy highway access to RT 95 and the Mass Pike.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jun 23, 2026
$1,299,000
Original listing
Agent: Ned Mahoney Office: eXp Realty LLC - Corporate Office

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
Style Single Family Residence
Year Built 1910
Living Area 2,233 sq ft
Lot Size 0.32 acres
Bedrooms 4
Full Baths 2
Total Rooms 9

Interior

Heating Hot Water
Cooling None
Flooring Hardwood
Appliances Gas Water Heater, Water Heater, Range, Dishwasher
Fireplace None
Basement Unfinished
Laundry None
Features None

Exterior

Construction Frame
Architecture Colonial, Shingle, Craftsman
Roof Shingle
Features Porch
Pool None
Spa None
Fencing None
Patio/Porch Porch
Garage Spaces 2
Has Garage Yes
Features Detached, Paved Drive, Off Street, Paved
Total Spaces 9
Electric Circuit Breakers, 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $8,831
Assessed Value $859,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Norfolk
Total market time (incl. prior listings) 4 days

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1910
Bedrooms
4
Full Bathrooms
2
Living Area
2,233 sq ft
Total Rooms
9

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom
No

Interior Features

Flooring: Hardwood
Appliances: Gas Water Heater, Water Heater, Range, Dishwasher
Interior Features:
Windows: Storm Window(s)
Basement: Unfinished
Laundry:
Security:

Construction & Materials

Style: Colonial, Shingle, Craftsman
Year Built: 1910
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone

Heating, Cooling & Utilities

Heating: Hot Water
Heating Zones: 2
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Corner Lot, Wooded, Level
Road Surface: Paved

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 9
Parking Features: Detached, Paved Drive, Off Street, Paved
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
E

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
A
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
M

Middle Schools

3 schools
A+
Oak Hill Middle School
2.5 mi | #23 of 352 | Score: 60.8
Improved 14 spots from last year
+2.6 above state avg
649 students Diverse
Diverse Student Body
Grades 06-08
A+
Charles E Brown Middle School
2.6 mi | #2 of 352 | Score: 66.4
Improved 36 spots from last year
+8.2 above state avg
713 students Diverse
Rising School Diverse Student Body
Grades 06-08
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
H

High Schools

3 schools
Clearway School
1.0 mi
Grades 06-12
Fusion Academy
1.4 mi
Grades 06-12
A+
Needham High School
2.1 mi | #4 of 346 | Score: 78.0
Improved 7 spots from last year
+19.8 above state avg
1,633 students Moderate
20 sports • 2,794 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
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Monthly Payment Calculator

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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $736
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
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 Jun 27, 2026 3:05 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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Steven Novak
Steven Novak
BMN Boston Real Estate
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BMN Boston Real Estate

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