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371 Highland Ave, Somerville MA 02144

Somerville, MA 02144 • Davis Square
$4,995,000
Est. $26,934/month
0.00
Acres
285
Days on Market
Active Listed Sep 27, 2025 • MLS# 73436531 Copied! • Updated Jun 28, 2026

About this home

Presenting 371 Highland Avenue - LOCATION, LOCATION, LOCATION...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.

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Property History

Property Timeline

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

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

Facts & Features

Home Facts

Type Land
Style Residential
Lot Size 0.0000

Exterior

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

Utilities

Electric At Street
Water Public, At Street
Sewer Public Sewer, At Street, Perc Test On File
Gas At Street
Other None
Annual Tax $17,716
Assessed Value $1,623,800
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents Legal Description, Perc Test, 21e Certificate, Land Survey, Blueprints, Drawings, Brochure (7)
County Middlesex
Total market time (incl. prior listings) 274 days

Property Overview

Property Type
Residential
Listing Type
Land

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

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, At Street
Sewer: Public Sewer, At Street, Perc Test On File
Energy Features:

Exterior & Lot

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

Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,476
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
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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.

Location

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Neighborhood

Davis Square

371 Highland Ave, Somerville MA 02144

Somerville, MA 02144

Listing Information

Listing Agent Jack Lister
Listing Office Berkshire Hathaway HomeServices Verani Realty
Office Phone 978-475-4411
Agent MLS ID BB923681
Office MLS ID AN1293
Listing Data Updated Jun 28, 2026 4:05 AM EDT
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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