371 Highland Ave, Somerville MA 02144

Somerville, MA 02144 • Davis Square
$4,995,000
Est. $26,585/month
0.00
Acres
Residential
Type
2 hours 1 minute
Time on Market
Active Listed Sep 27, 2025 • MLS# 73436531

About this home

Presenting 371 Highland Avenue, a fully approved development site in Davis Square, Somerville. This 30,050 GSF project, approved for 23 units and 13 below-grade parking spaces, is ready for immediate construction.All necessary permits are secured, demolition is complete, and the site has a clean 21E. Comprehensive construction plans are available for your review. Located steps from the Vibrant Davis Square MBTA station (Green and Red lines), this property offers excellent access to nearby colleges, restaurants, shops, and nightlife. It presents a prime opportunity to develop either condominiums or rental properties, addressing the strong housing demand in this highly sought-after area.

Facts & Features

Property Overview

Property Type
Residential
Property Category
Land

Interior Features

Exterior & Structure

Waterfront Property
No

Lot & Land

Lot Size
0.00 acres
Lot Size
0 sq ft
Lot Size Area
0.0000
Lot Features
Level
Road Frontage Type
Public

Parking & Garage

Utilities & Systems

Water Source
Public, At Street
Sewer
Public Sewer, At Street, Perc Test On File
Electric
At Street
Gas
At Street

Community & HOA

Community Features
Public Transportation, Shopping, Park, Bike Path, Public School, T-Station, University
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$17,716
Tax Year
2025
Tax Assessed Value
$1,623,800
Parcel Number
750336
Zoning
CBD

Additional Details

Location

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Neighborhood

Davis Square

371 Highland Ave, Somerville MA 02144

Somerville, MA 02144

Walkability

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Schools

Elementary School
Browm School
Rating information coming soon
Middle School
Kennedy School
Rating information coming soon
High School
Somerville High
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $1,476
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
Sep 27, 2025
$4,995,000
Original listing
Agent: Jack Lister Office: Berkshire Hathaway HomeServices Verani Realty

Price & Status History

Date Event Price Change
Sep 27, 2025 New Listing Added $4,995,000

Market Statistics

Time on Market
2 hours 1 minute
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2025 $17,716 $1,623,800

Financial Details

Annual Property Tax
$17,716
Tax Year 2025
Assessed Value
$1,623,800

Listing Information

Listing Agent Jack Lister
Listing Office Berkshire Hathaway HomeServices Verani Realty
Agent MLS ID BB923681
Office MLS ID AN1293

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