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540 Harland St Milton — Photo 1 of 38

540 Harland St Milton — Photo 1 of 38

$11,900,000

Investment Analysis — 540 Harland St

Milton, MA 02186

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02186 carries an estimated $3,390/mo in gross rent — about a -0.28% cap rate and $-33,853/yr in estimated NOI at the $11,900,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

6

SqFt

10,000

Style

Single Family

Built

2018

Privately gated and exquisitely appointed, 540 Harland Street presents a rare opportunity to own an extraordinary equestrian estate set on approximately 8 acres within the Blue Hills Reservation. Surrounded by protected natural beauty and offering direct riding access to approximately 7,000 acres of preserved landscape, this exceptional property combines complete privacy, sophisticated living, and an unparalleled connection to the outdoors—yet remains conveniently close to Boston.The approximately 8,250-square-foot main residence is designed for grand-scale living and effortless entertaining, featuring five bedrooms, five full baths, and two half baths, complemented by soaring 10-foot ceilings throughout. The spectacular chef’s kitchen is outfitted with premium Wolf appliances, while a dedicated home gym and state-of-the-art home theater elevate the everyday experience. An in-home elevator provides seamless access throughout the residence.Outdoor living is equally impressive, with a 350-square-foot patio and a fully equipped Wolf outdoor kitchen, creating an exceptional setting for entertaining, dining, and enjoying the surrounding landscape.The estate’s remarkable carriage house adds an extraordinary layer of versatility, offering an 8–16+ car garage and approximately 1,750 square feet of guest living space above. Ideal for car enthusiasts, collectors, guests, or extended family, this separate structure provides an exceptional combination of utility and luxury.At the heart of the property’s equestrian amenities is an approximately 2,000-square-foot state-of-the-art multi-stall equestrian center, thoughtfully complemented by an adjacent exercise pen. The direct access to miles of protected Blue Hills terrain allows riders to leave the property on horseback and immediately experience one of the region’s most spectacular natural settings.This is far more than a luxury residence—it is a private equestrian compound and lifestyle estate, offering an extraordinary level of scale, privacy, amenities, and access to protected land rarely found in Greater Boston. A truly distinctive retreat where refined living and the freedom of the countryside exist in perfect harmony.

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: 900 sq ft (the lesser of 900 sq ft or half the 10,000 sq ft principal dwelling). Lot size: 357,191 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.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$11,900,000
Annual Taxes$64,770

Parking

Garage8
Off-Street15

Interior Specifications

Total Rooms12
Fireplaces3
FlooringWood, Tile, Carpet, Marble, Hardwood
BasementFull

Climate & Utilities

HeatingCentral, Radiant
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
ZoningRAA

Property & Lot

Acres8.2
SqFt Lot357,191
Lot FeaturesWooded, Sloped

Neighborhood

Shopping • Park • Walk/Jog Trails • Stable(s) • Golf • Medical Facility

Geography

Property History

Listed
$11,900,000

Aug 31, 2026

MLS® 73570207

Expired
$11,900,000

Jun 30, 2026

MLS® 73492150

Listed
$11,900,000

Mar 26, 2026

MLS® 73492150

Expired
$11,900,000

Dec 26, 2025

MLS® 73396921

Listed
$11,900,000

Jun 26, 2025

MLS® 73396921

Expired
$11,900,000

Oct 1, 2024

MLS® 73205644

Listed
$11,900,000

Feb 26, 2024

MLS® 73205644

Listing Provided By

Listing Agent: Signature Collective Team

Listing Office: Serhant

MLS® Number: 73570207