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16 Stearns Rd.
Wellesley, MA 02481
United States
The project consists of the redevelopment of a lot containing 44,578 square feet of land with a proposed four-story, 24 unit, multi-family residential housing project. The proposed building includes a base story for parking and 3 residential floors above. Parking will include 34 garage spaces and 14 surface spaces. Each residential floor will contain 8 condominium units: seven 2-bedroom units and one 3-bedroom unit. Six of the 24 units will be restricted to households earning less than 80% if the area median income, with 5 of those affordable units containing 2-bedrooms & 2 baths; and one unit containing 3-bedrooms & 2 baths with living areas ranging in size from 1,054 – 1,485 square feet.
The units will be deeded one underground parking space and will have electric heat and air conditioning, hardwood flooring and tile floors in the bathrooms. Appliances include stove, refrigerator, dishwasher, microwave, washer and dryer. Water and sewer utilities are included in the condo fee. Interior finishes of the affordable units may differ from the market rate units. See affordable building specifications.
Applications will be available via email or USPS mail from, and must be returned to the Lottery Agent: Kristen Costa, L.A. Associates, Inc., 5 Middlesex Ave., Unit 16, Wilmington, MA 01887. phone (978) 758-0197, fax (978) 658-7333 email: kriscosta@laassoc.com
TTY: 711, when asked 978-758-0197
Applications will also be available at: Wellesley Town Hall, 525 Washington St., Select Board Office & Wellesley Free Library at 530 Washington St.
Finding the most affordable mortgage can be complicated. We're here to help.