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181 Grove Street, Cambridge MA 02138

Cambridge, MA 02138
$5,700,000
Est. $29,022/month
0.23
Acres
Residential
Type
3
Days on Market
Active Listed Jan 13, 2026 • MLS# 73467818 Copied!

About this home

Ideally perched above Fresh Pond with serene water and golf course views, 181 Grove Street presents a compelling development opportunity in a prime Cambridge location. The property is currently in the final stages of permitting for a four-unit townhouse project, with architectural plans underway and expected approvals forthcoming.Set on an expansive 10,080± sq ft lot, the site offers exceptional proximity to Fresh Pond Reservation and Golf Course, Alewife Station (Red Line), Harvard Square, and Route 2, combining natural surroundings with outstanding urban connectivity.Once approved, the project will offer the ability to move efficiently into construction, making this an attractive opportunity for developers seeking a well-located, near-shovel-ready site in a supply-constrained market. Plans and permitting details available upon request.Offered as a development opportunity with anticipated approvals. Buyer to perform due diligence.

Property Overview

Property Type
Residential
Listing Type
Land

Facts & Features

Home Facts

Type Land
Style Residential
Lot Size 0.23 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric On-site
Water Public
Sewer Public Sewer
Gas On-site
Other None

Financial

Annual Tax 0.00
Assessed Value 0.00

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level, Cleared
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

181 Grove Street, Cambridge MA 02138

Cambridge, MA 02138

Walkability

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Nearby Schools

School District
Cambridge School District local
A-
🎓 Where Graduates Go Class of 2021
65% attend college
58% 4-Year 7% 2-Year 23% Out of State 7% Working
✓ School Safety 2024-25
1.2% Low
0.8% Suspensions 0.2% In-School 0.4% Emergency
↓ 4.3% below state avg
E

Elementary Schools

3 schools
A+
Mary Lee Burbank School
0.5 mi | #12 of 824 | Score: 65.9
Improved 36 spots from last year
+7.7 above state avg
238 students Diverse
Rising School Strong Attendance
Grades K-03
B+
Haggerty School
0.5 mi | #254 of 824 | Score: 52.3
Improved 122 spots from last year
-5.9 below state avg
250 students Very Diverse
Rising School Diverse Student Body
Grades PK-05
Ecole Francaise de Boston
0.5 mi
Grades K-05
M

Middle Schools

2 schools
A+
Belmont Middle School
0.9 mi | #15 of 352 | Score: 62.5
Dropped 13 spots from last year
+4.3 above state avg
742 students Diverse
Strong Attendance
Grades 07-08
A
Rindge Avenue Upper School
1.7 mi | #67 of 352 | Score: 54.3
Dropped 2 spots from last year
-3.9 below state avg
292 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

3 schools
A+
Belmont High School
0.8 mi | #10 of 346 | Score: 75.5
Same rank as last year
+17.3 above state avg
1,454 students Diverse
21 sports • 2,714 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
Le Sallay Studies
1.5 mi
Grades 06-12
Walker Beacon School
1.7 mi
Grades 07-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $0
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
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Current Rate
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+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

42.1%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
Jan 13, 2026
$5,700,000
Original listing
Agent: Joelle Tomb Office: Engel & Volkers Wellesley
Previous Transaction - MLS #73367287
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 11, 2025
$3,300,000
MLS #73367287
View Listing →

Price & Status History

Date Event Price Change
Jan 13, 2026 New Listing Added $5,700,000 —
Sep 11, 2025 Sold $3,300,000 —

Market Statistics

Days on Market
3 days
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2025 $0 $0

Financial Details

Annual Property Tax
$0
Tax Year 2025
Assessed Value
$0

Listing Information

Listing Agent Joelle Tomb
Listing Office Engel & Volkers Wellesley
Agent MLS ID CN229500
Office MLS ID AN3335
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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181 Grove Street, Cambridge MA 02138 - Photo 1 181 Grove Street, Cambridge MA 02138 - Photo 2 181 Grove Street, Cambridge MA 02138 - Photo 3 181 Grove Street, Cambridge MA 02138 - Photo 4
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