38 Parker Rd, Wellesley, MA, 02482
About This Home
Incredible new construction opportunity in one of Wellesley’s most sought-after neighborhoods, ideally located within walking distance to the newly built John D. Hardy Elementary School and nearby Perrin Park. This exceptional home offers a fabulous floor plan featuring soaring ceilings, exquisite millwork, abundant natural light, and designer fixtures and finishes throughout. The first floor showcases a grand foyer, open-concept chef’s kitchen with breakfast area, fire-placed family room, formal dining room, and a versatile first-floor study or bedroom. The second level includes four beautifully appointed bedrooms, highlighted by a spacious primary suite, one en-suite bedroom, and a shared double vanity bathroom. The finished lower level provides flexible space for a gym, additional bedroom, and family room. A two-car garage with high ceilings, mudroom, stunning stone patio, and level backyard complete this remarkable property.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
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: Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer
- Laundry features: Electric Dryer Hookup
Basement
- Has basement: Yes
- Basement: Finished
Bathroom1
- Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower
- Level: Second
- Area: 145
Bathroom2
- Level: Second
Bedroom2
- Level: Second
- Area: 162.5
Bedroom3
- Level: Second
- Area: 175
Bedroom4
- Level: Second
- Area: 155.25
Bedroom5
- Level: Basement
- Area: 225
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Dining Room
- Level: First
- Area: 182.25
Family Room
- Level: Basement
- Area: 270
Features
- Exercise Room
- Door features: Insulated Doors
- Window features: Insulated Windows
- Flooring: Vinyl,Engineered Hardwood
- Number of fireplaces: 1
- Fireplace: Yes
- Finished area below ground: 955
- Finished area above ground: 3,461
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 4,416
- Total interior livable area: 4,416 sqft
Kitchen
- Level: First
- Area: 175
Living Room
- Features: Coffered Ceiling(s)
- Level: First
- Area: 448
Master Bathroom
- Features: Yes
Master Bedroom
- Level: Second
- Area: 318
Property
Details
- Parcel number: 264705
- Zoning: Res
Features
- Patio & porch: Patio
- Exterior features: Patio,Fenced Yard
- Fencing: Fenced
Lot
- Lot size: 0.32 Acres
Parking
- Total spaces: 6
- Parking features: Attached,Heated Garage,Paved Drive,Paved
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
- Uncovered spaces: 4
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
- Inland Flooding
- Ice Storm
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $16,408 | $196,896 |
| Home Insurance * | $534 | $6,408 |
| Property Taxes | $2,786 | $33,432 |
| Electricity | $870 | $10,449 |
| Total | $20,598 | $247,176 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-08 | Price change | $3,295,000 |
| 2026-01-28 | Listed for sale | $3,395,000 |
| 1992-11-20 | Sold | $330,000 |
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