501 Mystic Valley Parkway, Somerville, MA 02144
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
501 Mystic Valley Parkway,Somerville, MA 02144
$7,000,000
- 0.92 Acres
- Lots / Land
- Active
Listed by: christopher sower
Office: cushman & wakefield
MLS#:73552820
Source:MLSPIN
Price summary
- Price:$7,000,000
About this home
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.
Contact an agent
Home facts
- Listing ID #:73552820
- Updated:November 03, 2026 at 12:36 PM
Structure and exterior
- Lot area:0.92 Acres
- Lot Features:Cleared, Level
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$7,000,000
- Tax amount:$99 (2099)
New listings near 501 Mystic Valley Parkway
- New
$2,220,000Active6 beds 4 baths4,233 sq. ft.202 Washington St, Somerville, MA 02143
MLS# 73597939Listed by: Berkshire Hathaway HomeServices Verani Realty - New
$1,200,000Active4 beds 2 baths2,204 sq. ft.303 Alewife Brook Pkwy, Somerville, MA 02144
MLS# 73597882Listed by: LAER Realty Partners - New
$1,399,000Active3 beds 4 baths2,686 sq. ft.11 Auburn Avenue #11A, Somerville, MA 02145
MLS# 73596824Listed by: Green Line Property Group - New
$525,000Active3 beds 1 baths1,370 sq. ft.40 - 42 Highland Ave #UNIT 8, Somerville, MA 02143
MLS# 73596517Listed by: BA Property & Lifestyle Advisors - New
$1,749,000Active7 beds 3 baths4,261 sq. ft.246 School St, Somerville, MA 02145
MLS# 73596280Listed by: Berkshire Hathaway HomeServices Verani Realty - New
$1,650,000Active7 beds 3 baths3,385 sq. ft.94 Bromfield Rd, Somerville, MA 02144
MLS# 73596281Listed by: Entourage Realty LLC - New
$949,000Active2 beds 2 baths1,450 sq. ft.7 Lowell Ter #7, Somerville, MA 02145
MLS# 73596299Listed by: The Synergy Group - New
$699,000Active2 beds 1 baths1,031 sq. ft.121 Highland Rd #1, Somerville, MA 02144
MLS# 73596323Listed by: Gibson Sotheby's International Realty - New
$1,290,000Active3 beds 3 baths2,351 sq. ft.9 Appleton St #9, Somerville, MA 02144
MLS# 73596201Listed by: Thalia Tringo & Associates Real Estate, Inc. - New
$890,000Active3 beds 2 baths1,365 sq. ft.371 Broadway #1, Somerville, MA 02145
MLS# 73596245Listed by: Thalia Tringo & Associates Real Estate, Inc.