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37 Oakland St, Wellesley Hills, MA, 02481

5beds
5baths
3,600sqft
$2,380,000
$661price/sqft
$15,272/moest. monthly cost
$610,880/yrincome needed

About This Home

MAJOR $100,000 PRICE IMPROVEMENT—SELLER MOTIVATED! Stunning new-construction-quality renovation offering exceptional value in Wellesley. This completely gut-renovated 5BR/4.5BA home features a sun-filled open floor plan, designer finishes, and a chef's kitchen with premium appliances. Enjoy a bright sunroom, spacious living and entertaining areas, and a fully finished lower level perfect for a family room, gym, or guest suite. A professionally installed perimeter French drain system provides added peace of mind with a dry basement. Relax or entertain on the expansive deck overlooking the fully fenced backyard. Conveniently located near shopping, dining, parks, and the Mass Pike. Move-in ready with luxury finishes, modern systems, and incredible value. With a dramatic $100,000 price reduction, this is one of the best opportunities in today's Wellesley market. Schedule your showing today—this exceptional home is priced to sell and won't last!

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

8/10
Wellesley Middle SchoolGrades 6-81.3 mi
10/10
Wellesley High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 2026

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater,Range,Dishwasher,Disposal,Microwave,Refrigerator
  • Laundry features: Dryer Hookup - Electric,Washer Hookup,Bathroom - Full,Flooring - Stone/Ceramic Tile,Electric Dryer Hookup,In Basement

Basement

  • Has basement: Yes
  • Basement: Full,Finished

Bathroom1

  • Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Level: Main,First
  • Area: 29.07

Bathroom2

  • Features: Bathroom - Tiled With Shower Stall, Closet - Linen, Walk-In Closet(s), Flooring - Stone/Ceramic Tile, Double Vanity
  • Level: Second
  • Area: 125.13

Bathroom3

  • Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
  • Level: Second
  • Area: 70.469999999

Bedroom2

  • Features: Closet, Flooring - Hardwood, Recessed Lighting
  • Level: Second
  • Area: 176.53

Bedroom3

  • Features: Closet, Flooring - Hardwood, Recessed Lighting
  • Level: Third
  • Area: 175.14

Bedroom4

  • Features: Closet, Flooring - Hardwood, Recessed Lighting
  • Level: Third
  • Area: 227.939999999

Bedroom5

  • Features: Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting
  • Level: Third
  • Area: 145.2

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Features: Flooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting, Crown Molding
  • Level: Main,First
  • Area: 186.161999999

Family Room

  • Features: Flooring - Hardwood, Open Floorplan, Recessed Lighting, Crown Molding
  • Level: Main,First
  • Area: 157.619999999

Features

  • Bathroom - With Shower Stall,Closet,Wet bar,Recessed Lighting,Bathroom,Exercise Room,Media Room
  • Window features: Insulated Windows
  • Flooring: Hardwood,Flooring - Stone/Ceramic Tile,Flooring - Engineered Hardwood
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Finished area below ground: 595
  • Finished area above ground: 3,005

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,600
  • Total interior livable area: 3,600 sqft

Kitchen

  • Features: Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Exterior Access, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Wine Chiller, Gas Stove, Lighting - Pendant
  • Level: Main,First
  • Area: 300.98

Living Room

  • Features: Bathroom - Half, Closet, Flooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting, Crown Molding
  • Level: Main,First
  • Area: 288.12

Master Bedroom

  • Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Closet - Linen, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting, Crown Molding
  • Level: Second
  • Area: 125.13

Property

Details

  • Zoning: SR10

Features

  • Patio & porch: Porch,Patio
  • Exterior features: Porch,Patio
  • Fencing: Fenced/Enclosed

Lot

  • Lot size: 0.31 Acres
  • Features: Wooded

Parking

  • Total spaces: 7
  • Parking features: Detached,Paved Drive,Off Street,Stone/Gravel
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 5

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Ice Storm
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $12,034$144,408
Home Insurance *$506$6,072
Property Taxes $2,023$24,276
Electricity $709$8,518
Total$15,272$183,264
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$523,611/yr
40% on housing$458,160/yr
45% on housing$407,253/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$661This listing

vs Other Active Listings

Avg $/sqft

ZIP 02481$667
Norfolk County$448

vs Homes Sold Last Month

Median $/sqft

ZIP 02481$650
Norfolk County$427

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-05Price change$2,280,000
2026-07-16Price change$2,380,000
2026-06-10Price change$2,480,000
2026-06-03Price change$2,548,000
2026-05-28Listed for sale$2,598,000
2026-05-28Listing removed$2,598,000
2026-05-14Listed for sale$2,598,000

For Sale by Agent

AgentJohn Saleh
BrokerageCentre Realty Group

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