501 Mystic Valley ParkwaySomerville, MA 02144MLS Number 73552820

  • Price: $8,500,000
  • Est. Mortgage of $/month
  • 2 Days on Market
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Federal 30-year interest rate: 6.55% last updated on Jul 16, 2026
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501 Mystic Valley Parkway Somerville MA 02144501 Mystic Valley Parkway Somerville MA 02144501 Mystic Valley Parkway Somerville MA 02144501 Mystic Valley Parkway Somerville MA 02144501 Mystic Valley Parkway Somerville MA 02144501 Mystic Valley Parkway Somerville MA 02144501 Mystic Valley Parkway Somerville MA 02144501 Mystic Valley Parkway Somerville MA 02144
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  • 0.92Acreage

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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.
Listed by Christopher Sower of Cushman & Wakefield

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More Info

Basic Information

  • Lot Features Level, Cleared
  • Mls StatusNew
  • Parcel Number 747138

Building

  • Building Area Units Square Feet

Utilities

  • Electric On-Site
  • Electric On Property YN Yes
  • Gas On-Site
  • Sewer Public Sewer
  • Water Source Public

Tax Information

  • Tax Assessed Value $99
  • Tax Year 2099
  • Taxes$99

Location

  • Address501 Mystic Valley Parkway
  • Building Number501
  • CountyMiddlesex
  • StateMA
  • StreetMystic Valley Parkway
  • TownSomerville
  • Zip02144

Other

  • Date Listed07/21/2026
  • Farm Land Area Units Square Feet

Basic Information

  • List Price$8,500,000
  • MLS Number73552820
  • Modification Date07/21/2026
  • Property SubTypeResidential

Property

  • Acreage0.92

Property Information

  • Lot Size Square Feet 40,075.2
  • Lot Size Units Acres

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