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40 Chestnut Street, Wellesley MA 02481

Wellesley, MA 02481 • Wellesley Farms
$2,450,000
Est. $14,334/month
5
Beds
3.5
Baths
3,369
Sq Ft
$727
Price/Sq Ft
0.30
Acres
1901
Year Built
9
Days on Market
Pending Listed Feb 4, 2026 • MLS# 73474474 Copied!

About this home

Sunday Open House Canceled! Brimming with charm and fine detail, 40 Chestnut Street, Wellesley, MA 02481 is a sun-splashed Shingle-style home with a wraparound porch on a coveted Wellesley Farms street. A welcoming foyer with a turned staircase opens to inviting living and dining rooms, plus a sunlit eat-in kitchen with marble countertops and backsplash and premium appliances. 5 bedrooms and 3.5 baths include a primary suite with a sitting room or office, along with two additional bedrooms on the third floor. Enjoy a finished lower level, landscaped grounds, and a patio. Major improvements include a new two-car garage, EV-ready 200-amp underground electrical service, and a high-efficiency Carrier Infinity gas and heat pump HVAC system, plus MassSave insulation, restored windows, Ethernet wiring, refreshed hall bath, and fresh interior paint. Close to Wellesley Square, the commuter rail, Route 9, I-95/128 and the Mass Pike. Classic character and a standout Wellesley address.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1901
Bedrooms
5
Full Bathrooms
3
Half Bathrooms
1
Living Area
3,369 sq ft
Total Rooms
9

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 1901
Living Area 3,369 sq ft
Lot Size 0.30 acres
Bedrooms 5
Full Baths 3
Half Baths 1
Total Rooms 9

Interior

Heating Central, Forced Air, Heat Pump, Natural Gas, Fireplace
Cooling Central Air, Heat Pump, Ductless
Flooring Tile, Hardwood, Stone / Slate, Flooring - Hardwood
Appliances Gas Water Heater, Water Heater, Range, Dishwasher, Disposal, Trash Compactor, Refrigerator, Washer, Dryer, Range Hood
Fireplace Living Room
Fireplaces 2
Basement Full, Partially Finished, Interior Entry
Laundry Electric Dryer Hookup, Recessed Lighting, Washer Hookup, In Basement
Features Lighting - Overhead, Bathroom - Half, Pedestal Sink, Closet, Countertops - Stone/granite/solid, Cabinets - Upgraded, Recessed Lighting, Breakfast Bar / Nook, Lighting - Pendant, Entrance Foyer, Bathroom, Bonus Room, Internet Available - Unknown

Exterior

Construction Frame
Architecture Colonial, Shingle, Craftsman
Roof Shingle

Parking

Garage Spaces 2
Has Garage Yes
Features Detached, Garage Door Opener, Paved Drive, Off Street, Paved
Total Spaces 8

Utilities

Electric 110 Volts, 220 Volts, Circuit Breakers, 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $20,951
Assessed Value $2,038,000

Interior Features

Flooring: Tile, Hardwood, Stone / Slate, Flooring - Hardwood
Appliances: Gas Water Heater, Water Heater, Range, Dishwasher, Disposal, Trash Compactor, Refrigerator, Washer, Dryer, Range Hood
Interior Features: Lighting - Overhead, Bathroom - Half, Pedestal Sink, Closet, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting, Breakfast Bar / Nook, Lighting - Pendant, Entrance Foyer, Bathroom, Bonus Room, Internet Available - Unknown
Windows:
Basement: Full, Partially Finished, Interior Entry
Laundry: Electric Dryer Hookup, Recessed Lighting, Washer Hookup, In Basement
Security:

Construction & Materials

Style: Colonial, Shingle, Craftsman
Year Built: 1901
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone

Heating, Cooling & Utilities

Heating: Central, Forced Air, Heat Pump, Natural Gas, Fireplace
Heating Zones: 1
Cooling: Central Air, Heat Pump, Ductless
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 8
Parking Features: Detached, Garage Door Opener, Paved Drive, Off Street, Paved

Special Features

Fireplaces: 2
Fireplace Type: Living Room

Location

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Neighborhood

Wellesley Farms

40 Chestnut Street, Wellesley MA 02481

Wellesley, MA 02481

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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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 $1,746
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

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
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+0.5% 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.

Property History

Market Insights

Property Timeline

📋
Status: Active under contract
Feb 8, 2026
Active → Active Under Contract
Pending Sale
Feb 7, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Feb 4, 2026
$2,450,000
Original listing
Office: Gibson Sotheby's International Realty

Price & Status History

Date Event Price Change
Feb 8, 2026 Status: Active under contract $0
Feb 4, 2026 New Listing Added $2,450,000

Market Statistics

Days on Market
9 days
Price per Sq Ft
$727

Tax History

Year Taxes Assessment
2025 $20,951 $2,038,000

Financial Details

Annual Property Tax
$20,951
Tax Year 2025
Assessed Value
$2,038,000

Listing Information

Listing Agent Paul Neavyn
Listing Office Gibson Sotheby's International Realty
Agent MLS ID CN237644
Office MLS ID AN5755
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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