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ActiveListed 159 days ago

$1

1 Confidential Way, Stoneham, MA 02180

Lot sizeThe land that comes with the home, as reported to the MLS.
0.28 acres
On the marketDays since the home was listed. New listings tend to move fastest.
159 days ago
Property type
Commercial
Annual taxesLast annual property tax bill reported to the MLS. A new owner's bill can differ.
$14,000

What’s Special

Exceptional development opportunity on a 12,319 SF parcel just outside downtown Stoneham. Located within the Business zoning district; ownership, working with its architectural team, has prepared two preliminary conceptual redevelopment studies illustrating the property's multifamily and townhouse potential. Concept 1 envisions an 18-unit apartment or condominium building with 19 covered parking spaces. Concept 2 proposes eight townhouse residences, each featuring two bedrooms, 2.5 baths, an attached two-car garage, and private outdoor garden space. Rare opportunity for builders and developers to acquire a well-located redevelopment site in one of Greater Boston's most desirable suburban communities. All redevelopment concepts are subject to Planning Board review and approval, design review, and all applicable municipal and regulatory approvals. Seller is willing to cooperate with the purchaser during the permitting process, with closing structured upon mutually agreed milestones.

Listing courtesy of Stephen Cefalo, Stephen Cefalo Real Estate · MLS PIN #73545555

Facts & Features

Status
Active
Active status flag
Active

MLS PIN #73545555 · Listed May 13, 2026

Location

1 Confidential Way, Stoneham · All Stoneham homes

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

$1

1 Confidential Way

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.