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Maggie Li

I'm Maggie Li, a Newton, MA real estate agent serving first-time buyers, luxury clients and sellers across Greater Boston in English & Mandarin. Let's find your home.

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  • 1229 Centre Street, Newton Centre, MA, USA
  • (774) 222-0952
  • lyx0402@gmail.com

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William Raveis

© 2026 Maggie Li. All rights reserved.
Equal Housing Opportunity. Information deemed reliable but not guaranteed.

  1. Home
  2. Listings
  3. 371 Highland Ave, Somerville, MA 02144
Active
327 Days on market
371 Highland Ave Somerville — Photo 1 of 1

371 Highland Ave Somerville — Photo 1 of 1

$4,995,000

371 Highland Ave, Somerville, MA 02144

Somerville, MA 02144 — Davis Square

Beds

--

Baths

--

SqFt

--

Style

Residential

Built

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Presenting 371 Highland Avenue - LOCATION, LOCATION, LOCATION...a fully approved development site in Davis Square, Somerville. This 30,050 GSF project, approved for 23 units and 13 below-grade parking spaces, is ready for immediate construction.All necessary permits are secured, demolition is complete, and the site has a clean 21E. Comprehensive construction plans are available for your review. Located steps from the Vibrant Davis Square MBTA station (Green and Red lines), this property offers excellent access to nearby colleges, restaurants, shops, and nightlife. It presents a prime opportunity to develop either condominiums or rental properties, addressing the strong housing demand in this highly sought-after area.

Property Details

Financials

Original Price$4,995,000
Annual Taxes$17,716

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic, At Street
SewerPublic Sewer, At Street, Perc Test On File

Building & Exterior

Construction--
Roof--
Foundation--
ZoningCBD

Property & Lot

Acres--
SqFt Lot0.19
Lot FeaturesLevel

Neighborhood

Public Transportation • Shopping • Park • Bike Path • Public School • T-Station

Geography

Property History

Listed
$4,995,000

Sep 27, 2025

MLS® 73436531

Terminated
$4,995,000

Sep 23, 2025

MLS® 73390337

Listed
$4,995,000

Jun 12, 2025

MLS® 73390337

Terminated
$5,500,000

Apr 3, 2025

MLS® 73295720

Listed
$5,500,000

Sep 27, 2024

MLS® 73295720

Population

25,448

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$150K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

63.4%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Full Somerville, MA market report ZIP 02144 market data
Listing Provided By

Listing Agent: Jack Lister

Listing Office: Berkshire Hathaway HomeServices Verani Realty

MLS® Number: 73436531

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