Residential Development
For Sale
$2,200,000
53 Elmwood Rd, Wellesley, MA 02481
Expansive lot offering the option to build a new home or renovate the existing residence.
Property SizeContact for details
Lot Size0.92 Acres
Days on Market20
Property Features for 53 Elmwood Rd
General Information
Standard status
Active
Lot size
0.92 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$19,779
Listing Agency:
(617) 852-7018
Listed By:
The Lara & Chelsea Collaborative
(617) 852-7018
Source:
Elliman
Added: Jul 21
Changed: Aug 8
Last Checked: Jul 21 at 3:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Lara & Chelsea Collaborative
Investment Insights
Based on property information with market context.
The property is a residential land offering in the Bates neighborhood, with an existing home on-site and the option to renovate or build a new residence. The lot is described as expansive, providing space for a custom home design.
Public remarks indicate the lot is steps from an elementary school and near Boulder Brook conservation land, along with access to hiking trails and tennis courts.
Buyers and buyer’s agents are instructed to conduct their own due diligence.
Public remarks indicate the lot is steps from an elementary school and near Boulder Brook conservation land, along with access to hiking trails and tennis courts.
Buyers and buyer’s agents are instructed to conduct their own due diligence.
Key Highlights
- 40,000 SF lot in the Bates neighborhood
- Option to build a new home or renovate the existing residence
- Steps to the elementary school
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
271
Businesses Nearby
Explore this area
Business Placement
Demographics for 02481, MA
17,280
Population
5,145
Households
3.4
Avg Household Size
36
Median Age
90%
College-Educated
98%
High-School Grad
6.1 sq mi
ZIP Area
2,833
Density / Sq Mi
$250,001
Median Household Income
$82,159
Median Earnings
$3,064
Median Rent
$1,642,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Expansive lot offering the option to build a new home or renovate the existing residence.
Where is this residential land & home lot located?
The property is located at 53 Elmwood Rd Wellesley, MA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 40,000 SF lot in the Bates neighborhood; Option to build a new home or renovate the existing residence; Steps to the elementary school
