557 Somerville Ave # 2, Somerville MA 01243
Somerville, MA 01243
$1,289,000
Est. $7,774/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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About this home
NEW CONSTRUCTION | LUXURY LIVING | PRIME SOMERVILLE LOCATIONExperience elevated urban living in this exceptional new-construction residence, thoughtfully designed for modern comfort, style, and convenience. The open-concept living space features beautiful white oak hardwood floors throughout and a stunning chef’s kitchen anchored by a dramatic double-thick granite waterfall island. Premium Thermador appliances include a 36-inch range and oven, complemented by custom cabinetry and a convenient pot filler.The oversized primary suite is a private retreat, featuring an expansive walk-in closet, XXL walk-in shower, elegant marble tile flooring, and a luxurious dual-sink his-and-hers vanity.Enjoy multiple outdoor spaces, including a private deck and balcony overlooking beautiful Conway Park. Two valet garage parking spaces and exclusive private storage add exceptional convenience, while smart-home technology provides effortless control of key home features.Ideally positioned between Union Square, Porter Square, and Harvard University, this home places the best of Somerville and Cambridge within easy reach. Walk to outstanding restaurants, shopping, Green Line access, biotech and lab destinations, and an abundance of neighborhood amenities.Directly across the street, Conway Park offers an exceptional array of recreation, including soccer and baseball fields, basketball and tennis courts, an ice-skating/hockey rink, playground, and splash pad—putting some of the area’s best outdoor amenities right outside your door.Sophisticated finishes, generous living spaces, premium appliances, smart-home technology, parking, private storage, outdoor space, and an exceptional location come together in this truly special home.A must-see new-construction residence offering an extraordinary combination of luxury, convenience, and lifestyle in the heart of Somerville.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Sep 23, 2026
$1,289,000
Original listing
Agent: Craig Shepherd
Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/23/2026 | 🏠 Listed for Sale | $1,289,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $9,999 | $9,999 |
Financial Details
Annual Property Tax
$9,999
Tax Year 2026
HOA Fee
$223
Per month
Assessed Value
$9,999
Facts & Features
1 Car Garage
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
2025
Living Area
1,495 sq ft
Stories
1
Bedrooms
3
Full Baths
2
Half Baths
1
Total Rooms
6
Interior
Heating
Central, Forced Air
Cooling
Central Air
Flooring
Tile, Marble, Hardwood
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Energy Star Qualified Refrigerator, Energy Star Qualified Dishwasher, Range Hood
Fireplace
None
Fireplaces
1
Basement
Y
Laundry
In Unit
Features
High Speed Internet
Exterior
Construction
Conventional (2x4-2x6)
Architecture
None
Roof
Rubber
Features
Porch, Covered Patio/deck, Balcony, City View(s), Screens, Rain Gutters, Sprinkler System
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch, Covered
Parking
Garage Spaces
1
Has Garage
Yes
Features
Detached, Off Street
Total Spaces
2
Utilities
Electric
150 Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$9,999
Assessed Value
$9,999
HOA & Community
HOA Fee
$223
Fee Includes
Water, Insurance, Maintenance Structure, Reserve Funds
Amenities
None
Optional Fee Includes
None
Owner-Occupied Units
2
Pets
Yes
MA Disclosures
Lead Paint
None
Seller Disclosures
New Construction/ Condo Conversion - Taxes Tbd. Parking Is Valet Next Door At Cambria Hotel. La Related To A Seller.
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
["2/3 Family"]
Unit/Building
2
Sq Ft Source
Unit Floor Plan
Documents
Master Deed, Rules & Regs, Floor Plans (3)
County
Middlesex
Property Overview
Property Type
Condominium
Listing Type
For Sale
Year Built
2025
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,495 sq ft
Total Rooms
6
Stories
1
Entry Level
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,495 sq ft above grade
FeaturesYes
Display Options
Outdoor Areas
Patio & porchPorch, Covered
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Marble, Hardwood
Appliances:
Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Range Hood
Interior Features:
High Speed Internet
Windows:
Insulated Windows, Screens
Basement:
Y
Laundry:
In Unit
Security:
Construction & Materials
Year Built:
2025
Structure Type:
2/3 Family
Exterior Materials:
Conventional (2x4-2x6)
Roof:
Rubber
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Central, Forced Air
Heating Zones:
2
Cooling:
Central Air
Cooling Zones:
2
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Thermostat
Exterior & Lot
Exterior Features:
Porch, Covered Patio/Deck, Balcony, City View(s), Screens, Rain Gutters, Sprinkler System
Patio & Porch:
Porch, Covered
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Garage Spaces:
1
Total Parking Spaces:
2
Parking Features:
Detached, Off Street
Special Features
Fireplaces:
1
Fireplace Type:
View:
Yes
View Type:
City
Community Amenities:
Public Transportation, Shopping, Tennis Court(s), Park, Laundromat, Public School, T-Station, University
Nearby Schools
School District
Somerville School District local
B-
School Safety
2024-25
2.5%
Average
1.4%
Suspensions
2.2%
In-School
1.1%
Emergency
3.0% below state avg
Elementary Schools
9 schools
St. Theresa of the Child Jesus School
0.2 mi
Grades PK-08
B+
Albert F. Argenziano School at Lincoln Park
0.6 mi
|
#137 of 352
|
Score: 45.4
Improved 37 spots from last year
-12.8 below state avg
548 students
Diverse
Rising School
Diverse Student Body
Grades PK-08
A
John F Kennedy School
0.6 mi
|
#49 of 352
|
Score: 57.2
Improved 6 spots from last year
-1 below state avg
474 students
Diverse
Grades PK-08
C+
East Somerville Community School
1.0 mi
|
#244 of 352
|
Score: 36.9
Improved 7 spots from last year
-21.3 below state avg
743 students
Diverse
Grades PK-08
C-
Winter Hill Community School
1.1 mi
|
#291 of 352
|
Score: 32.3
Dropped 19 spots from last year
-25.9 below state avg
361 students
Diverse
Diverse Student Body
Grades PK-08
C+
Arthur D Healey School
1.1 mi
|
#237 of 352
|
Score: 37.4
Improved 26 spots from last year
-20.8 below state avg
461 students
Diverse
Rising School
Diverse Student Body
Grades PK-08
A+
Benjamin G Brown School
1.0 mi
|
#82 of 825
|
Score: 60.2
Dropped 65 spots from last year
+2 above state avg
230 students
Diverse
Strong Attendance
Grades K-05
Capuano Early Childhood Center
1.1 mi
240 students
Very Diverse
Diverse Student Body
Grades PK-01
Tufts Educational Day Care Center
1.4 mi
Grades PK-K
Middle Schools
1 school
Next Wave Junior High School
0.6 mi
11 students
Diverse
Diverse Student Body
Grades 06-08
High Schools
2 schools
F
Full Circle High School
0.6 mi
|
#334 of 346
|
Score: 23.6
Improved 32 spots from last year
-34.6 below state avg
60 students
Diverse
Rising School
Career Tech Programs
College Ready Curriculum
Diverse Student Body
Grades 09-12
B+
Somerville High School
0.6 mi
|
#125 of 346
|
Score: 58.3
Improved 117 spots from last year
+0.1 above state avg
1,367 students
Diverse
17 sports
• 1,566 athletes
Strong AP Program
High Graduation Rate
Rising School
Career Tech Programs
Grades 09-12
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Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$833
Homeowners Insurance
$200
HOA Fee
$223/mo
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
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Total interest paid
$0
Rate Impact
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
557 Somerville Ave # 2, Somerville MA 01243
Somerville, MA 01243
Listing Information
Listing Agent
Craig Shepherd
Listing Office
Berkshire Hathaway HomeServices Commonwealth Real Estate
Office Phone
617-666-2121
Agent MLS ID
CN203019
Office MLS ID
AN4885
Listing Data Updated
Sep 22, 2026 11:10 PM 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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