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Real Estate
No photos available for this listing

$4,995,000

371 Highland Ave, Somerville MA 02144
Somerville, MA 02144
Listed by Jack Lister
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

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.

Property details

MLS #
73436531
Property type
Residential
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.19 sqft

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Benjamin G Brown
0.25 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
181
Student:teacher ratio
15.1:1
District
Somerville
Middle
Rindge Avenue Upper School
0.56 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
Curtis-Tufts
0.76 mi away · Grades 10-12
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
12
Student:teacher ratio
4.0:1
District
Medford

Mortgage calculator

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Est. monthly payment
$30,230/mo
$999,000 down
$3,996,000 loan
Principal & interest$25,918
Property tax (est.)$4,163
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 28, 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.