371 Highland Ave is a fully permitted and approved 23-unit development opportunity situated in the heart of Davis Square, featuring 13 below-grade parking spaces. The full Construction Document set is available. This mid-rise building encompasses 30,050 gross square feet. The existing building has been demolished and is ready for construction to begin immediately. 371 Highland Ave is strategically placed adjacent to the Davis Square MBTA stop, meeting the growing demand for premium living spaces in this vibrant area. Great opportunity to develop and sell as condos or develop and add a blue-chip rental property to your portfolio.
Property Details
Price:
$4,995,000
MLS #:
73390337
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
Davis Square
Listed Date:
Jun 12, 2025
Lot Size:
8,127 sqft / 0.19 acres (approx)
See this Listing
Schools
Interior
Exterior
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/ Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T- Station, University
Financial
Tax Year
2025
Taxes
$17,716
Map
Community
- Address371 Highland Ave Somerville MA
- CitySomerville
- CountyMiddlesex
- Zip Code02144
Subdivisions in Somerville
Market Summary
Current real estate data for Land in Somerville as of Sep 05, 2025
5
Land Listed
210
Avg DOM
$2,697,000
Avg List Price
Property Summary
- 371 Highland Ave Somerville MA is a Land for sale in Somerville, MA, 02144. It is listed for $4,995,000 and features 0 acres. To schedule a showing of MLS#73390337 at 371 Highland Ave in Somerville, MA, contact your Cornerstone Real Estate agent at 617-238-7400.
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Courtesy of Keller Williams Realty. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
371 Highland Ave
Somerville, MA