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501 Mystic Valley Parkway, Somerville MA 02144

Active

501 Mystic Valley Parkway, Somerville MA 02144

$8,500,000

Estimated $52,383/month Calculator

Land

Residential

40,075 (0.92)

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.

This home has been viewed 9 times

Last Checked: July 22nd, 2026 at 8:03am (Source: MLS PIN #73552820)

General Information for 501 Mystic Valley Parkway, Somerville MA 02144

Listing ID73552820

Price8500000

Land TypeResidential

Approx AcresApprox. 0.92 acres (40,075 SqFt)

Number of Lots

Road Frontage Type

Zoning99

Electric220 Volts

GasOn-Site

WaterPublic

SewerPublic Sewer

PERC Test

Association Required

Association Fee

Lot FeaturesGentle Sloping

Waterfront0

Waterfront Features

View

Disclosures for 501 Mystic Valley Parkway, Somerville MA 02144

Special Listing Conditions

Financial Information for 501 Mystic Valley Parkway, Somerville MA 02144

Association Fee

Tax99

Tax Year2099

Assessed Value$99

Contact Information for 501 Mystic Valley Parkway, Somerville MA 02144

Agent

Name: Christopher Sower

Office

Name: Cushman & Wakefield

Phone: 617-330-6966

Payment Calculator

, Interest

Property Taxes 8.25

Principal & Interest 52374.3

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Cushman & Wakefield

Christopher Sower

Agent Phone

Office Phone

(617) 330-6966

Text Agent Call Agent Call Office

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EXIT

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