In June 2022, we acquired the property at 87 Parker for $1,150,000. Built in 1940, this charming Cape Cod-style home had solid bones but was in need of significant updates. Situated on a spacious, wooded lot next to Bogle Brook, in the desirable Parker Road neighborhood of Wellesley, the house held tremendous potential for renovation.
The original listing highlighted the home’s 4 bedrooms, 1.5 bathrooms, and a new shingle roof installed in July 2021. A newly installed gas line was also a selling point, but the home’s interior was outdated and in need of modernization. While the classic Cape Cod layout offered potential, the house required extensive renovations to meet the standards of today’s buyers.
The Renovation Project: Our renovation plan was focused on preserving the home’s original charm while fully updating it to appeal to modern homeowners. Every aspect of the house was transformed with high-quality materials and thoughtful design.
- Kitchen: We completely overhauled the kitchen, installing custom cabinetry, quartz countertops, and top-of-the-line stainless steel appliances, turning it into a bright and functional space perfect for family gatherings and entertaining.
- Bathrooms: Both the full and half bathrooms were fully remodeled with contemporary fixtures and elegant finishes, bringing modern comfort to these essential spaces.
- Living Spaces: We refinished the original hardwood floors, giving the home a warm and timeless feel. Additionally, we opened up the layout to create a more open and airy flow throughout the living areas, allowing for better natural light.
- Exterior: Beyond the new roof, we enhanced the curb appeal with extensive landscaping that emphasized the private, wooded setting, making the outdoor space as inviting as the interior.
The Charm of Wellesley: Wellesley is one of the most desirable towns in the Greater Boston area, known for its top-rated schools, vibrant community, and serene suburban atmosphere. Located just a short walk from Perrin Park and a convenient drive to Boston, the home’s location was ideal for families and professionals alike. Wellesley’s blend of suburban tranquility, historical charm, and access to urban amenities makes it an attractive market for buyers seeking a balanced lifestyle.
The town is also home to Wellesley College and offers a mix of upscale shopping, dining, and outdoor recreation, making it one of the most sought-after locations in Massachusetts. The natural beauty of the surrounding environment, combined with a strong sense of community, added significant value to the 87 Parker property.
Challenges and Solutions: During the renovation process, we encountered several unexpected challenges, including outdated electrical systems and structural issues that were uncovered during the demolition phase. However, our team successfully addressed these problems, ensuring that all updates met modern safety standards while staying on schedule to meet the market’s demand.
The Result and Sale: In February 2023, after months of hard work, the home was listed for $1,865,000. The transformation was met with enthusiasm, and the property quickly attracted interest from multiple buyers. We successfully sold the house at the listing price, achieving a substantial profit over the original purchase. This flip not only maximized the home’s value but also proved to be a great success in the Wellesley luxury market.
Conclusion: The house flip at 87 Parker was a standout project, from acquisition to sale. By carefully planning the renovation and focusing on high-impact areas, we turned a dated property into a modern, luxurious home while preserving its classic Cape Cod character. The project demonstrated the value of strategic renovations in a prime location like Wellesley, where history, community, and market demand converge to create a high return on investment.
