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31 Lantern Lane, Wellesley MA 02481 - Preview 1 31 Lantern Lane, Wellesley MA 02481 - Preview 2 31 Lantern Lane, Wellesley MA 02481 - Preview 3 31 Lantern Lane, Wellesley MA 02481 - Preview 4 31 Lantern Lane, Wellesley MA 02481 - Preview 5 31 Lantern Lane, Wellesley MA 02481 - Preview 6 31 Lantern Lane, Wellesley MA 02481 - Preview 7 31 Lantern Lane, Wellesley MA 02481 - Preview 8 31 Lantern Lane, Wellesley MA 02481 - Preview 9 31 Lantern Lane, Wellesley MA 02481 - Preview 10 31 Lantern Lane, Wellesley MA 02481 - Preview 11 31 Lantern Lane, Wellesley MA 02481 - Preview 12 31 Lantern Lane, Wellesley MA 02481 - Preview 13 31 Lantern Lane, Wellesley MA 02481 - Preview 14 31 Lantern Lane, Wellesley MA 02481 - Preview 15 31 Lantern Lane, Wellesley MA 02481 - Preview 16 31 Lantern Lane, Wellesley MA 02481 - Preview 17 31 Lantern Lane, Wellesley MA 02481 - Preview 18 31 Lantern Lane, Wellesley MA 02481 - Preview 19 31 Lantern Lane, Wellesley MA 02481 - Preview 20

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
Multi Family
Type
31
Days on Market
Active Listed Jun 12, 2026 • MLS# 73535428 Copied! • Updated Jun 26, 2026

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

👁️
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

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
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
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Garage Spaces 2
Has Garage Yes
Features Paved Drive, Off Street
Total Spaces 8
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Dryer, Washer Hookup

Financial

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) 14 days

Property Overview

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

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

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
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

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
M

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
H

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
Learn about these ratings
School data provided by BMN Schools

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Monthly Payment Breakdown

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

Loan Summary

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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 26, 2026 12:56 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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BMN Boston Real Estate
Douglas Elliman
(617) 800 - 9008 contact@bmnboston.com
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