This home's estimate is 161.7% higher than the average sale price ($1.97M) of 6 comparable homes.
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373 Commonwealth Ave, Wayland, MA 01778
About this home
Commonwealth Residences is an approximately 2.53 acre site in Wayland, MA. The site has been fully approved for a 52-unit apartment community using the Comprehensive Permit (Chapter 40B) process, which requires 25% (13 units) of the units be reserved for low & moderate income residents. As approved, the development will feature a three-story garden-style building over one level of garage parking. The property is approved to include 4 studios, 22 one-bedrooms, 22 two-bedrooms and 4 three-bedroom units. The site will be delivered as a fully permitted apartment development consisting of 52 apartment units & 54 garage spaces. The property is shovel ready with electric, water, sewer & cable lines installed and building permits in-place through 2016. Located just outside of the I-95 beltway the town of Wayland provides desirable suburban homes for families and working professionals, ranking top in the state for public education, quality of life and overall value of living.
Redfin Estimate
Market trends in 01778, MA
Last updated August 2026
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Sale history for 373 Commonwealth Ave
Tax history for 373 Commonwealth Ave
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Exterior
- Property Information
- PropertySubType: Residential
- Lot Information
- Lot Size (Acres): 2.53
Financial
- Tax Information
- Tax Annual Amount: $99
- Tax Year: 99
Utilities
- Utility Information
- Gas: Other (See Remarks)
- Electric: Other (See Remarks)
Location
- Location Information
- Directions: Situated directly off of Commonwealth Rd (Rte 30), with easy access to 1-95 and the Mass Pike (I-90)
- UnparsedAddress: 373 Commonwealth Avenue, Wayland MA 01778
- Community Information
- Senior CommunityYN: No
Public facts
- Beds: 78
- Baths: 74.0
- Sq. Ft.: 58,818
- Stories: 3.0
- Lot Size: 3.1 acres
- Style: Multi-Family (5+ Unit)
- Year Built: 2016
- Year Renovated: —
- County: Middlesex County
- APN: 2055675S
Other
- Listing Information
- StandardStatus: Closed
Around this home
Schools
Public K-5 • Assigned • 0.4mi
Public 6-8 • Assigned • 0.7mi
Public 9-12 • Assigned • 1.9mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 97° expected this year, 15 days in 30 years
53% chance of strong winds in next 30 years
1 unhealthy days expected this year, 2 days in 30 years
Sun exposure
In this area, properties receive around 9 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.
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Nearby similar homes
New listings for sale in 01778
Home values near 373 Commonwealth Ave
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 2026 Sq. Ft. | $1,017,130 |
4 Beds | 3 Baths | 3250 Sq. Ft. | $1,323,167 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 3.5 Baths | 3812 Sq. Ft. | $1,455,662 |
4 Beds | 2.5 Baths | 3282 Sq. Ft. | $1,377,798 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 3 Baths | 3282 Sq. Ft. | $1,348,765 |
4 Beds | 2.5 Baths | 2476 Sq. Ft. | $1,252,495 |
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