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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
5-9 Family
Type
2
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

10 schools
Shady Hill School
0.8 mi
Grades PK-08
Fayerweather Street School
1.1 mi
Grades PK-08
St. Peter Elementary School
1.2 mi
Grades PK-08
Cambridge Montessori School
1.2 mi
Grades PK-06
Cambridge Friends School
1.4 mi
Grades PK-08
A
Benjamin Banneker Charter Public School
1.5 mi | #100 of 824 | Score: 59.4
Dropped 79 spots from last year
+1.2 above state avg
352 students Less Diverse
Grades PK-06
Lycee International de Boston/International School of Boston, Inc.
2.1 mi
Grades 01-12
A
Amigos School
2.4 mi | #45 of 352 | Score: 57.8
Improved 14 spots from last year
-0.5 below state avg
413 students Diverse
Diverse Student Body
Grades PK-08
C
Prospect Hill Academy Charter School
2.7 mi | #253 of 346 | Score: 45.9
Improved 29 spots from last year
-12.3 below state avg
890 students Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
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
M

Middle Schools

5 schools
Allium Montessori School
1.7 mi
Grades 01-06
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
A-
Putnam Avenue Upper School
2.1 mi | #103 of 352 | Score: 49.1
Dropped 24 spots from last year
-9.1 below state avg
283 students Very Diverse
Diverse Student Body
Grades 06-08
C+
Cambridge Street Upper School
3.1 mi | #214 of 352 | Score: 39.8
Dropped 26 spots from last year
-18.4 below state avg
301 students Very Diverse
Diverse Student Body
Grades 06-08
B+
Darby Vassall Upper School
3.4 mi | #118 of 352 | Score: 47.5
Improved 26 spots from last year
-10.7 below state avg
298 students Very Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
Farr Academy School
2.6 mi
Grades 07-12
NuVu Innovation School
2.8 mi
Grades 08-12
B-
Community Charter School of Cambridge
3.5 mi | #178 of 346 | Score: 53.1
Dropped 57 spots from last year
-5.2 below state avg
251 students Diverse
7 sports • 202 athletes
High Graduation Rate College Ready Curriculum
Grades 06-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
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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
2 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 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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Steven Novak

Steven Novak

BMN Boston Real Estate

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