Wellesley, Massachusetts: Large Family Homes for Sale

Wellesley is known for its public schools, the college campus, tree-lined streets and commuter trains into Boston. It has separate village centres, such as Wellesley Square, and the Charles River borders the north. Demand comes from professionals in healthcare, finance and biotech, and from families relocating for the schools. Wellesley Square, Wellesley Hills and Lower Falls each have their own shops and train stops on the commuter line, so the journey into Boston's South Station is straightforward. Teardowns and rebuilds are common, so check zoning and any demolition delay rules if you plan to build.

Neighbouring markets: Natick, Needham, Newton, Newton Center, Waltham and Chestnut Hill.

Foreign buyers are welcome, with no residency requirement. Property tax is set locally, and Wellesley's bills on multi-million-euro homes are significant. A Massachusetts attorney handles closing, and a home inspection is standard, including checks for old oil tanks, radon and lead paint in older houses. A buyer's agent is commonly used. Sellers pay the state deed excise tax, so your closing costs are mainly legal fees, title insurance and any lender charges. Non-resident loans usually need a large deposit, so many overseas buyers pay in cash; see our mortgage guide for foreigners. See the US buying guide, financing page and US overview.