131 Fair Oaks Park, Needham, MA, 02492
About This Home
An exceptional opportunity to own a prestigious and grand Spanish Colonial residence set on a rare half-acre parcel in the heart of Needham. This distinctive home exemplifies timeless architectural elegance, featuring expansive rooms, soaring ceilings, and the classic character associated with residences of this caliber. Rich in detail and offering remarkable potential, the property provides generous living spaces well-suited for both refined entertaining and everyday living.The finished lower level includes a private au pair suite, offering flexible accommodations for guests, extended family, or live-in staff. Ideally situated in a prime in-town location with convenient access to shops, schools, and commuter routes, this offering presents a rare opportunity to acquire a truly distinguished home that seamlessly blends historic charm with modern potential.
Getting Around
Walker's Paradise
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1910
Materials
- Foundation: Concrete Perimeter
- Roof: Tile
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial,Spanish Colonial
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Water Heater,Oven,Dishwasher,Disposal,Microwave,Range,Refrigerator,Freezer,Washer,Dryer
- Laundry features: Flooring - Stone/Ceramic Tile,First Floor,Electric Dryer Hookup,Washer Hookup
Basement
- Has basement: Yes
- Basement: Full,Finished,Walk-Out Access,Concrete
Bathroom1
- Level: Second
Bathroom2
- Level: Second
Bathroom3
- Level: Basement
Bedroom2
- Features: Closet, Flooring - Hardwood
- Level: Second
- Area: 168
Bedroom3
- Level: Second
- Area: 196
Bedroom4
- Features: Closet, Flooring - Hardwood
- Level: Second
- Area: 182
Bedroom5
- Features: Closet, Flooring - Hardwood
- Level: Third
- Area: 180
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Dining Room
- Features: Flooring - Hardwood, Pocket Door, Window Seat
- Level: Main,First
- Area: 180
Family Room
- Features: Flooring - Hardwood
- Level: Main,First
- Area: 180
Features
- Breakfast Bar / Nook,Bedroom,Bathroom,Entry Hall,Kitchen,High Speed Internet
- Door features: Insulated Doors
- Window features: Storm Window(s)
- Flooring: Wood,Tile,Carpet,Flooring - Hardwood,Flooring - Stone/Ceramic Tile
- Number of fireplaces: 2
- Fireplace features: Living Room
- Fireplace: Yes
- Finished area below ground: 908
- Finished area above ground: 3,892
Heating & Cooling
- Heating features: Baseboard,Hot Water,Natural Gas
- Cooling features: Central Air,Whole House Fan
Interior Area
- Total structure area: 4,800
- Total interior livable area: 4,800 sqft
Kitchen
- Features: Flooring - Stone/Ceramic Tile, Kitchen Island, Wet Bar, Breakfast Bar / Nook, Cabinets - Upgraded, Exterior Access, Recessed Lighting
- Level: Main,First
- Area: 204
Living Room
- Features: Flooring - Hardwood, Lighting - Sconce
- Level: Main,First
- Area: 364
Master Bathroom
- Features: Yes
Master Bedroom
- Features: Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Closet, Flooring - Wall to Wall Carpet, Balcony - Exterior
- Level: Second
- Area: 225
Property
Accessibility
- Accessibility features: No
Details
- Parcel number: 139270
- Zoning: SRB
Features
- Private pool: Yes
- Pool features: In Ground
- Patio & porch: Porch,Porch - Enclosed,Deck,Patio,Covered
- Exterior features: Porch,Porch - Enclosed,Deck,Patio,Covered Patio/Deck,Balcony,Pool - Inground,Rain Gutters,Storage,Sprinkler System,Fenced Yard
- Fencing: Fenced/Enclosed,Fenced
- Has view: Yes
- View description: City View(s)
Lot
- Lot size: 0.61 Acres
- Features: Corner Lot,Level
Parking
- Total spaces: 12
- Parking features: Attached,Garage Door Opener,Storage,Paved Drive,Off Street,Driveway,Paved
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
- Uncovered spaces: 10
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 | $19,467 | $233,604 |
| Home Insurance * | $580 | $6,960 |
| Property Taxes | $3,368 | $40,416 |
| Electricity | $946 | $11,358 |
| Total | $24,361 | $292,332 |
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 |
|---|---|---|
| 2026-04-16 | Listed for sale | $3,995,000 |
For Sale by Agent
View on Zillow