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97 Arnold Road Wellesley — Photo 1 of 37

97 Arnold Road Wellesley — Photo 1 of 37

$4,980,000

Investment Analysis — 97 Arnold Road

Wellesley, MA 02481 — Cliff Estates

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02481 carries an estimated $5,340/mo in gross rent — about a 0.24% cap rate and $12,058/yr in estimated NOI at the $4,980,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

4.5

SqFt

5,296

Style

Single Family

Built

1936

From the moment you arrive, you’ll fall in love with this much-admired white brick Colonial, beautifully sited on a charming corner in Wellesley’s coveted Cliff Estates. Set back from the road and surrounded by beautifully landscaped grounds, this exceptional home offers the perfect blend of elegance, comfort, and space for today’s lifestyle. Inside, gracious rooms unfold with everything exactly where you want it—and more than you expect. The inviting fireplaced living room opens to a light-filled sunroom, ideal as a home office or quiet retreat, with French doors leading to the stone patio. The state-of-the-art kitchen features generous stone countertops, new ovens and Sub-Zero refrigeration, a charming dining area with banquette seating, and an exceptional walk-in pantry. A gracious dining room with a window seat and custom built-ins is perfect for entertaining.The oversized family room, with its dramatic barrel ceiling, abundant windows, and doors opening to the yard, is sure to become the heart of the home. An additional study provides yet another flexible space for working from home or relaxing. A glamorous turned staircase leads to the second floor and a stunning primary suite featuring two walk-in closets and a luxurious marble spa bath. Three additional bedrooms and two full baths, including one en-suite, complete this level. The finished lower level offers even more versatile living space with a playroom, exercise area, additional bedroom, and full bath. Oversized three-car garage with added storage space is such a plus! Outside, enjoy professionally landscaped grounds with mature trees and beautiful plantings. Exceptionally maintained and beautifully decorated throughout, this elegant Cliff Estates home offers a rare combination of timeless style, generous living space, and effortless everyday comfort.

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 5,296 sq ft principal dwelling). Lot size: 22,745 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.

Open Houses

Property Details

Financials

Original Price$4,980,000
Annual Taxes$36,643

Parking

Garage3
Off-Street7

Interior Specifications

Total Rooms13
Fireplaces4
FlooringTile, Carpet, Hardwood, Flooring - Hardwood, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile
BasementFull, Finished, Walk-Out Access, Interior Entry, Garage Access

Climate & Utilities

HeatingForced Air, Natural Gas, Fireplace(s), Fireplace
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Brick
RoofSlate
FoundationConcrete Perimeter
ZoningSR20

Property & Lot

Acres0.52
SqFt Lot22,745
Lot FeaturesCorner Lot, Easements

Amenities & Appliances

Gas Water Heater • Oven • Dishwasher • Disposal • Range • Refrigerator • Freezer • Washer • Dryer • Range Hood • Plumbed For Ice Maker

Neighborhood

Public Transportation • Shopping • Walk/Jog Trails • Private School • Public School • University

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 3
First
Living RoomDining RoomKitchenFamily RoomBathroom 2
Basement
Bedroom 5Bathroom 1
Main
Office
Living Room
Lvl First

24 x 14

Flooring - Hardwood, Recessed Lighting

Dining Room
Lvl First

15 x 14

Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting

Kitchen
Lvl First

22 x 14

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Cabinets - Upgraded, Recessed Lighting, Second Dishwasher, Gas Stove

Office
Lvl Main

14 x 11

Flooring - Hardwood, French Doors, Exterior Access

Family Room
Lvl First

27 x 21

Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting

Master Bedroom
Lvl Second

18 x 14

Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Hardwood

Bedroom 2
Lvl Second

15 x 14

Bedroom 3
Lvl Second

17 x 11

Bathroom - Full, Closet, Flooring - Hardwood

Bedroom 4
Lvl Second

15 x 12

Closet, Flooring - Hardwood

Bedroom 5
Lvl Basement

12 x 11

Closet, Flooring - Stone/Ceramic Tile

Bathroom 1
Lvl Basement

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl First

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

Bathroom - Full, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Bobby Morgenstern

Listing Office: Advisors Living - Wellesley

MLS® Number: 73574731