205 Pleasant St Norwell — Photo 1 of 40
Recent Drop: $100,000
$2,650,000
Investment Analysis — 205 Pleasant St
Norwell, MA 02061 — The Reserve
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02061 carries an estimated $3,880/mo in gross rent — about a -1.99% cap rate and $-52,690/yr in estimated NOI at the $2,650,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3.5
SqFt
5,302
Style
Single Family
Built
2000
Welcome to 205 Pleasant Street ,“The Reserve”, an extraordinary custom estate designed by renowned builder Campbell Smith and set within one of Norwell’s most exclusive gated communities. Privately nestled on 11.75 picturesque acres within an intimate enclave of just ten distinguished residences spanning more than 80 acres, this exceptional Colonial offers timeless architecture, impeccable craftsmanship, and refined finishes rarely found in newer construction. Encompassing over 5,300 square feet, this elegant 11-room residence features 4 bedrooms, 3.5 baths, and a thoughtfully designed open floor plan ideal for both grand entertaining and comfortable everyday living. The resort-inspired grounds elevate the property, showcasing a heated Gunite pool, spa, beautifully designed patio spaces tailored for outdoor entertaining and private relaxation. The abundant acreage and 5-bedroom septic system may offer future potential expansion for guest house or ADU offering additional value.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Oven • Dishwasher • Refrigerator • Vacuum System • Range Hood • Plumbed For Ice Maker
Neighborhood
Shopping • Walk/Jog Trails • Stable(s) • Conservation Area • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First14 x 16
Closet/Cabinets - Custom Built, Flooring - Hardwood, Chair Rail, Recessed Lighting, Crown Molding, Decorative Molding
Dining Room
Lvl Main,First14 x 16
Flooring - Hardwood, French Doors, Chair Rail, Lighting - Overhead, Crown Molding, Decorative Molding
Kitchen
Lvl Main,First29 x 37
Closet, Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Wet Bar, Cabinets - Upgraded, Exterior Access, Open Floorplan, Recessed Lighting, Second Dishwasher, Stainless Steel Appliances, Storage, Gas Stove, Lighting - Pendant, Crown Molding, Decorative Molding
Family Room
Lvl Main,First19 x 23
Vaulted Ceiling(s), Flooring - Hardwood, French Doors, Exterior Access, Open Floorplan, Recessed Lighting, Crown Molding, Decorative Molding
Master Bedroom
Lvl Second15 x 23
Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting, Crown Molding, Decorative Molding
Bedroom 2
Lvl Second14 x 15
Bedroom 3
Lvl Second14 x 14
Bathroom - Full, Closet, Flooring - Hardwood, Recessed Lighting, Crown Molding
Bedroom 4
Lvl Second14 x 14
Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting, Crown Molding
Bathroom 1
Lvl Second12 x 23
Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Cabinets - Upgraded, Recessed Lighting, Crown Molding, Window Seat
Bathroom 2
Lvl Second8 x 12
Bathroom - Full, Bathroom - Tiled With Tub, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Cabinets - Upgraded, Recessed Lighting, Crown Molding
Bathroom 3
Lvl Second8 x 12
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Bathroom - With Tub, Closet - Linen, Flooring - Stone/Ceramic Tile, Bidet, Cabinets - Upgraded, Double Vanity, Recessed Lighting, Crown Molding, Decorative Molding
Property History
$2,650,000
Was $2,750,000
Aug 3, 2026
MLS® 73524901
$2,750,000
May 27, 2026
MLS® 73524901
$2,799,000
Nov 17, 2025
MLS® 73389282
$2,799,000
Jun 11, 2025
MLS® 73389282
Listing Agent: Karen Bandera
Listing Office: South Shore Sotheby's International Realty
MLS® Number: 73524901
