371 Highland Ave, Somerville, MA 02144
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$4,995,000
Units: N/A
0 Beds
0 Baths
16021 SQFT
0.00 Acre

Property Description

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 tap to expand

Financial

  • APOD Available: No

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No

Unit 2 Description

  • Under Lease: No

Construction

  • Year Built: 1930
  • Type: 5-9 Family
  • Foundation Info: Poured Concrete
  • Lead Paint: None
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73472112
  • Last Updated: 01/31/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
01/31/2026Active$4,995,000$312MLSPIN
01/27/2026New$4,995,000$312MLSPIN
10/01/2025Active$4,995,000MLSPIN
09/28/2025Canceled$5,500,000MLSPIN
09/27/2025New$4,995,000MLSPIN
09/26/2025Canceled$4,995,000MLSPIN
09/23/2025Temporarily Withdrawn$4,995,000MLSPIN
06/16/2025Active$4,995,000MLSPIN
06/12/2025New$4,995,000MLSPIN
10/01/2024Active$5,500,000MLSPIN
09/27/2024New$5,500,000MLSPIN
07/04/2023Expired$1MLSPIN
03/27/2023Active$1MLSPIN
03/23/2023New$1MLSPIN
03/01/2023Expired$7,750,000MLSPIN
01/22/2023Active$7,750,000MLSPIN
01/18/2023Price Change$7,750,000MLSPIN
12/03/2022Active$7,955,000MLSPIN
11/29/2022Price Change$7,955,000MLSPIN
11/01/2022Active$8,500,000MLSPIN
10/28/2022New$8,500,000MLSPIN

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Seller's Representative: Jack Lister, Berkshire Hathaway HomeServices Verani Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-01-31 03:05:00