Listing Agency: Compass

Listed By: Donahue Maley and Burns Team

Source: Classifiedrealtygroup

Added: Mar 31 Changed: Sep 7 Last Checked: Sep 7 at 5:41AM

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Investment Insights

Based on property information with market context.

This property presents an opportunity to build a new home or renovate the existing one. The expansive 40,000 square foot lot is located in the Bates neighborhood, steps from the elementary school, Boulder Brook conservation land, hiking trails, and tennis courts.

Key Highlights

• Expansive 40,000 square foot lot.
• Located in the coveted Bates neighborhood.
• Opportunity to build a dream home or renovate.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Hair Salon Spa & Massage Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this residential land & home lots located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Expansive lot near school, conservation land, and tennis courts.

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 $1,950,000.

What are key features of this property?

This property features: Expansive 40,000 square foot lot.; Located in the coveted Bates neighborhood.; Opportunity to build a dream home or renovate.