INNOVATE Real Estate
Residential at 1-3 Woodbine Street, Somerville MA 02143
Residential at 1-3 Woodbine Street, Somerville MA 02143, photo 2 of 6
Residential at 1-3 Woodbine Street, Somerville MA 02143, photo 3 of 6
Residential at 1-3 Woodbine Street, Somerville MA 02143, photo 4 of 6
Residential at 1-3 Woodbine Street, Somerville MA 02143, photo 5 of 6
Residential at 1-3 Woodbine Street, Somerville MA 02143, photo 6 of 6
6 photos

$1,599,999

1-3 Woodbine Street, Somerville MA 02143
Somerville, MA 02143
Listed by Daniel Alper
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Transit-oriented luxury multifamily development opportunity ideally located adjacent to the recently improved Junction Park. The proposed development will benefit from unobstructed park views on a corner location at Woodbine and Centre Street.The current owner is in the process of expanding the lot to approximately 4,860 square feet, with final land consolidation expected to be approved in February. Architectural plans and renderings have been prepared for a thoughtfully designed four-unit project consisting of a three-unit primary building and a detached rear cottage. The proposed design leverages the existing two-family structure, significantly reducing construction costs and development risk while maximizing density and end value. A compelling opportunity for developers seeking a plan-ready, transit-oriented project in a high-demand Somerville location.

Property details

MLS
MLS Property Information Network
MLS #
73467482
Property type
Residential
Subdivision
N/A
Status
Active
Days on market
286
On market date
January 12, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.11 acres

Location

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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
Winter Hill Community
0.3 mi away · Grades -1-8
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
418
Student:teacher ratio
10.2:1
District
Somerville
Middle
Next Wave Junior High
0.91 mi away · Grades 7-8
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
18
Student:teacher ratio
9.0:1
District
Somerville
High
Somerville High
0.47 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
1,304
Student:teacher ratio
11.0:1
District
Somerville

Walkability

Blended score for Somerville'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).

86
Highly walkable
out of 100
EPA National Walkability Index
15.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies7

Market position

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

On the market 286 days -- 192 more days than Somerville's current average of 94 days.
For reference, the median list price across 946 active listings in Somerville right now is $451,500.

Mortgage calculator

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

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Est. monthly payment
$9,785/mo
$320,000 down
$1,279,999 loan
Principal & interest$8,302
Property tax (est.)$1,333
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated January 16, 2026.

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.