Single Family Residence at 4 Shepard St., Cambridge
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$3,800,000

4 Shepard St.
Cambridge, MA 02138
Listed by MonaLisa Team
Bedrooms
5
Bathrooms
3
Living area
4,099 sqft
Year built
1895

About this home

A rare opportunity to own a gracious, expansive Victorian-era home ideally situated between Harvard and Porter Squares, and offering exceptional access to Cambridge’s celebrated restaurants, performing arts, museums, universities, and public transportation. Rich in character and original architectural detail, this distinguished home combines beautifully proportioned spaces, gracefully curved hallways, restored pocket doors, carved ceiling medallions, original moldings, and hardwood floors throughout. Significant recent improvements include a new foundation, insulation, Marvin Ultimate triple glazed windows, 400 amp electric service and more. The 3rd floor is a designated auxiliary apartment dwelling in need of full refurbishment and together, this sets the stage for the home’s next iteration.The gracious first floor welcomes you through a wraparound front porch into an elegant central foyer flanked by formal living and dining rooms, each featuring a striking original fireplace with carved wood mantel and gas stoves. A butler’s pantry connects to the generously sized kitchen, ready for renovation and a new owner’s vision. A spacious rear mudroom opens to the patio and enclosed backyard, while an additional front room offers flexibility as a bedroom, study, or sitting room. A full bathroom completes this level.The second floor features four bedrooms, including a primary suite with an en-suite bath, an adjoining bedroom, a comfortable sitting area, and a shared full bathroom. The third floor is designated as an auxiliary apartment and offers a remarkable opportunity to create a private suite, guest retreat, or independent living space. Recently gutted to the studs, this level awaits renovation, with existing infrastructure for a kitchen and bathroom, two skylights, and a dramatic atrium-style window overhead.Outside, the enclosed backyard, mature plantings, brick patio, custom storage shed, and two driveway parking spaces enhance everyday comfort. With a substantial basement offering additional expansion potential and a premier location between two of Cambridge’s most vibrant squares, this is a distinctive home offering timeless appeal, exceptional flexibility, and the opportunity to create something truly special in the heart of Cambridge.

Highlights

Fireplace

Property details

MLS
MLS Property Information Network
MLS #
73597898
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
1
On market date
November 2, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
N/A
Parking spaces
2
Lot size
0.11 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Maria L. Baldwin
0.2 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
354
Student:teacher ratio
11.1:1
District
Cambridge
Middle
Rindge Avenue Upper School
0.83 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
262
Student:teacher ratio
8.2:1
District
Cambridge
High
Cambridge Rindge and Latin
0.66 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,867
Student:teacher ratio
8.6:1
District
Cambridge

Walkability

Blended score for Cambridge's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

89
Highly walkable
out of 100
EPA National Walkability Index
16.2 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies8

Market position

How this listing compares to current activity in Cambridge, from live MLS data.

On the market 1 days -- 103 fewer days than Cambridge's current average of 104 days.
For reference, the median list price across 1,096 active listings in Cambridge right now is $7,100.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$23,034/mo
$760,000 down
$3,040,000 loan
Principal & interest$19,717
Property tax (est.)$3,167
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.