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371 Highland Ave, Somerville MA 02144

Somerville, MA 02144 • Davis Square
$4,995,000
Est. $26,934/month
0.00
Acres
Residential
Type
110
Days on Market
Active Listed Sep 27, 2025 • MLS# 73436531 Copied!

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 Overview

Property Type
Residential
Listing Type
Land

Facts & Features

Home Facts

Type Land
Style Residential
Lot Size 0.0000

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric At Street
Water Public, At Street
Sewer Public Sewer, At Street, Perc Test On File
Gas At Street
Other None

Financial

Annual Tax $17,716
Assessed Value $1,623,800

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public, At Street
Sewer: Public Sewer, At Street, Perc Test On File
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

Davis Square

371 Highland Ave, Somerville MA 02144

Somerville, MA 02144

Walkability

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Nearby Schools

School District
Somerville School District local
B-
✓ School Safety 2024-25
2.5% Average
1.4% Suspensions 2.2% In-School 1.1% Emergency
↓ 3.0% below state avg
E

Elementary Schools

3 schools
A+
Benjamin G Brown School
0.3 mi | #78 of 824 | Score: 60.5
Dropped 61 spots from last year
+2.3 above state avg
219 students Diverse
Strong Attendance
Grades K-05
A
John F Kennedy School
0.4 mi | #50 of 352 | Score: 56.7
Improved 5 spots from last year
-1.5 below state avg
439 students Diverse
Grades PK-08
Tufts Educational Day Care Center
0.5 mi
Grades PK-K
M

Middle Schools

3 schools
A
Rindge Avenue Upper School
0.6 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
1.2 mi
Grades 01-06
Next Wave Junior High School
1.3 mi
16 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

3 schools
Curtis-Tufts School
0.8 mi
11 students Diverse
Diverse Student Body
Grades 09-12
F
Full Circle High School
1.3 mi | #344 of 346 | Score: 17.3
Improved 22 spots from last year
-40.9 below state avg
67 students Diverse
Rising School Career Tech Programs College Ready Curriculum Diverse Student Body
Grades 09-12
B+
Somerville High School
1.3 mi | #131 of 346 | Score: 57.1
Improved 111 spots from last year
-1.1 below state avg
1,394 students Diverse
17 sports • 1,566 athletes
Rising School Career Tech Programs Strong Athletics Diverse Student Body
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,476
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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
Sep 27, 2025
$4,995,000
Original listing

Price & Status History

Date Event Price Change
Sep 27, 2025 New Listing Added $4,995,000 —

Market Statistics

Days on Market
110 days
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2025 $17,716 $1,623,800

Financial Details

Annual Property Tax
$17,716
Tax Year 2025
Assessed Value
$1,623,800

Listing Information

Listing Agent Jack Lister
Listing Office Berkshire Hathaway HomeServices Verani Realty
Agent MLS ID BB923681
Office MLS ID AN1293
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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371 Highland Ave, Somerville MA 02144 - Photo 1
Steven Novak

Steven Novak

BMN Boston Real Estate

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