1 / 18Active
$8,250,000
43,783 sqft lot · Land
283 Melrose Street
Newton, MA 02466
Listing courtesy of Ward Shifman, Coldwell Banker Realty - Newton · MLS PIN #73506947
1 / 8
ActiveListed 90 days ago
$7,000,000
501 Mystic Valley Parkway, Somerville, MA 02144
- Lot sizeThe land that comes with the home, as reported to the MLS.
- 0.92 acres
- On the marketDays since the home was listed. New listings tend to move fastest.
- 90 days ago
- Property type
- Residential
- Annual taxesLast annual property tax bill reported to the MLS. A new owner's bill can differ.
- $99
What’s Special
Presenting 501 Mystic Valley Parkway located in Somerville, Massachusetts. A proposed 0.92-acre site, for sixty-four (64) residential units. The existing building on the property has been recently demolished and due to recent changes to Somerville’s zoning code 501 Mystic Valley now allows for multi-family development. This presents a rare opportunity to achieve significant density in a high-barrier-to-entry neighborhood. Ideally situated in Somerville’s West Somerville neighborhood along Mystic Valley Parkway, the property boasts excellent access to local amenities, retail/shopping options, public transportation, major universities, and effortless access into or out of the city.
Listing courtesy of Christopher Sower, Cushman & Wakefield · MLS PIN #73552820
Facts & Features
- Status
- Active
- Active status flag
- Active
MLS PIN #73552820 · Listed July 21, 2026
Location
501 Mystic Valley Parkway, Somerville · All Somerville 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.
$7,000,000
501 Mystic Valley Parkway
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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.
