A weekly recap of residential properties bought in the past seven days in the “Town of Homes.”
• 75-77 Grove St. Two-family (1900), Sold for: $705,000. Listed at $699,000. Living area: 2,112 sq.-ft. 11 rooms; 4 bedrooms, 2 baths. On the market: 61 days.
• 127 Oliver Rd. Early Ranch (1945), Sold for: $1,020,000. Listed at $1,150,000. Living area: 2,911 sq.-ft. 9 rooms; 4 bedrooms, 3 baths. On the market: 76 days.
• 12 Hurley St. Ranch (1952), Sold for: $690,000. Listed at $699,000. Living area: 1,704 sq.-ft. 7 rooms; 2 bedrooms, 1 baths. On the market: 76 days.
While most of the million-dollar Belmont homes sold are those “with a view” – a glimpse of Boston through a grove of trees, overlooking parkland, etc. – there is a type of homes that many potential buyers may not realize are hiding in the Town of Homes: waterfront property.
While surrounding towns have greater availability of “beach homes” – Spy Pond in Arlington, Winchester’s Upper Mystic Lake, along the Charles River – Belmont’s Little Pond provides houses for those partial being close to the water.
The Oliver Road property is interesting in that it’s one of the earliest examples of the ranch house in New England, being built as World War II ended. It’s big for a style built as being a starter house in mind, with nearly 3,000 square feet. But what really sells the property is the HUGE backyard, most of a half an acre that leads to the pond’s edge. That’s the sort of expanse you see in places out in the hinterland such as Arkansas or Minnesota where folks take the bass boat after work. (Do NOT eat the fish from Small Pond.) As you would expect, there is a large deck that overlooks the water. For their million dollars, the new owners will also get the opportunity to see the development of the 299-apartment unit Belmont Uplands housing project from their backyard.