Active
15 Days on market
53 Elmwood Rd Wellesley — Photo 1 of 20
$1,950,000
53 Elmwood Rd, Wellesley, MA 02481
Wellesley, MA 02481
Beds
3
Baths
1.5
SqFt
1,595
Style
Single Family
Built
1900
Bring your vision to life in one of the area’s most desirable neighborhoods. Situated on nearly an acre in the heart of the Bates neighborhood, this property offers exciting possibilities. Transform the current home or start fresh and create something entirely your own. Enjoy a wonderful setting close to Bates Elementary, Boulder Brook conservation land, walking and hiking trails, and nearby tennis courts. An exceptional chance to make your mark in a location that is hard to beat. Demo permit in hand. Buyer and buyer’s agent are responsible for conducting their own due diligence.
Market Value Analysis
This Property
Size (SqFt) →Price →This Property$1223/sqft
Local Avg (Wellesley)$662/sqft
85% AboveMarket Average
* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Wellesley, MA.
Property Details
Financials
Original Price$1,950,000
Annual Taxes$19,779
Parking
Garage1
Off-Street8
Interior Specifications
Total Rooms8
Fireplaces1
Flooring--
BasementFull
Climate & Utilities
HeatingForced Air, Oil
CoolingNone
WaterPublic
SewerPublic Sewer
Building & Exterior
ConstructionFrame
RoofShingle
FoundationStone
ZoningSR10
Property & Lot
Acres0.92
SqFt Lot40,000
Lot FeaturesEasements, Level
Neighborhood
Public Transportation • Tennis Court(s) • Park • Walk/Jog Trails • Conservation Area • Public School
Geography
Property History
Listed
$1,950,000
Aug 18, 2026
MLS® 73565252
Terminated
$2,200,000
Aug 10, 2026
MLS® 73494065
Terminated
$2,200,000
Aug 10, 2026
MLS® 73494068
Listed
$2,200,000
Mar 31, 2026
MLS® 73494065
Listed
$2,200,000
Mar 31, 2026
MLS® 73494068
Population
17,415
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$250K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
12.7%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Norfolk County
1,189 housing units permitted in the last 12 months (+21% vs the prior 12 months) — 706 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 798 sq ft (the lesser of 900 sq ft or half the 1,595 sq ft principal dwelling). Lot size: 40,000 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Listing Provided By
Listing Agent: Donahue Maley And Burns Team
Listing Office: Compass
MLS® Number: 73565252
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