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18 Thingvalla Ave, Cambridge MA 02138

Cambridge, MA 02138 • West Cambridge
$3,300,000
Est. $17,396/month
15
Beds
12
Baths
9,217
Sq Ft
$358
Price/Sq Ft
0.17
Acres
2026
Year Built
22
Days on Market
Active Listed Mar 18, 2026 • MLS# 73488626 Copied!

About this home

Fully permitted development opportunity in highly desirable West Cambridge. Approved plans in place for 7 luxury one, two, and three bedroom residences, each thoughtfully designed with private balconies / roof decks and 6 dedicated parking spaces. Ideal for investors or developers—sell as premium condominiums or hold as high-end rental units. The site is shovel-ready, allowing immediate construction and reduced timeline to completion. Take advantage of Cambridge’s generous zoning laws and strong demand for upscale housing. Fresh Pond walking path, playgrounds, and golf course are up the street, and this location is central to Rt 2 and the Mass Pike. Prime location near public transportation, shopping, and neighborhood amenities. A rare, turnkey project offering exceptional upside in one of Cambridge’s most sought-after markets.

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Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
2026
Bedrooms
15
Full Bathrooms
12
Living Area
9,217 sq ft
Total Rooms
36
Stories
3
Levels
3

Facts & Features

New Construction

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 2026
Living Area 9,217 sq ft
Lot Size 0.17 acres
Bedrooms 15
Full Baths 12
Total Rooms 36

Interior

Heating None
Cooling None
Flooring Hardwood
Appliances None
Fireplace None
Basement None
Laundry Electric Dryer Hookup
Features None

Exterior

Construction Frame
Architecture None
Roof Rubber

Parking

Features Off Street, Deeded
Total Spaces 6

Utilities

Electric 220 Volts, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer

Financial

Annual Tax $6,113
Assessed Value $962,600

Interior Features

Flooring: Hardwood
Appliances:
Interior Features:
Windows: Insulated Windows
Basement:
Laundry: Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 2026
Structure Type:
Exterior Materials: Frame
Roof: Rubber
Foundation: Concrete Perimeter
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Electric
Water Source: Public
Sewer: Public Sewer

Parking & Garage

Total Parking Spaces: 6
Parking Features: Off Street, Deeded

Location

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Neighborhood

West Cambridge

18 Thingvalla Ave, Cambridge MA 02138

Cambridge, MA 02138

Walkability

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Nearby Schools

School District
Cambridge School District local
A-
🎓 Where Graduates Go Class of 2021
65% attend college
58% 4-Year 7% 2-Year 23% Out of State 7% Working
School Safety 2024-25
1.2% Low
0.8% Suspensions 0.2% In-School 0.4% Emergency
4.3% below state avg
E

Elementary Schools

3 schools
Star Academy (Watertown Campus)
0.1 mi
Grades PK-12
B+
Haggerty School
0.1 mi | #254 of 824 | Score: 52.3
Improved 122 spots from last year
-5.9 below state avg
250 students Very Diverse
Rising School Diverse Student Body
Grades PK-05
St. Stephen's Armenian School
0.6 mi
Grades PK-05
M

Middle Schools

3 schools
A+
Belmont Middle School
1.5 mi | #15 of 352 | Score: 62.5
Dropped 13 spots from last year
+4.3 above state avg
742 students Diverse
Strong Attendance
Grades 07-08
A
Rindge Avenue Upper School
1.7 mi | #67 of 352 | Score: 54.3
Dropped 2 spots from last year
-3.9 below state avg
292 students Diverse
Diverse Student Body
Grades 06-08
Allium Montessori School
1.7 mi
Grades 01-06
H

High Schools

3 schools
A+
Belmont High School
1.4 mi | #10 of 346 | Score: 75.5
Same rank as last year
+17.3 above state avg
1,454 students Diverse
21 sports • 2,714 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
D
Lyon High School
1.7 mi | #328 of 346 | Score: 27.8
Improved 22 spots from last year
-30.4 below state avg
95 students Diverse
12 sports • 88 athletes
Rising School Diverse Student Body
Grades 12
Saint Joseph Preparatory High School
1.7 mi
Grades 09-12
Learn about these ratings

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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $509
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Mar 18, 2026
$3,300,000
Original listing
Agent: David Lilley Office: RE/MAX Real Estate Center

Price & Status History

Date Event Price Change
Mar 18, 2026 New Listing Added $3,300,000

Market Statistics

Days on Market
22 days
Price per Sq Ft
$358

Tax History

Year Taxes Assessment
2025 $6,113 $962,600

Financial Details

Annual Property Tax
$6,113
Tax Year 2025
Assessed Value
$962,600

Listing Information

Listing Agent David Lilley
Listing Office RE/MAX Real Estate Center
Agent MLS ID BB301030
Office MLS ID AN8908
Listing Data Updated Mar 30, 2026 10:50 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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