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Real Estate
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$1,299,000

31 Lantern Lane, Wellesley MA 02481
Wellesley, MA 02481
Listed by Ned Mahoney
Bedrooms
4
Bathrooms
2
Living area
2,233 sqft
Year built
1910

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.

Property details

MLS #
73540108
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
58
On market date
June 23, 2026
Stories
N/A
Garage spaces
2
Lot size
0.32 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Joseph E Fiske
0.5 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
265
Student:teacher ratio
12.6:1
District
Wellesley
Middle
Oak Hill Middle
2.49 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
661
Student:teacher ratio
10.2:1
District
Newton
High
Needham High
2.09 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,669
Student:teacher ratio
12.9:1
District
Needham

Mortgage calculator

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Est. monthly payment
$7,973/mo
$259,800 down
$1,039,200 loan
Principal & interest$6,740
Property tax (est.)$1,083
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 27, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.