0 Baths

$8,500,000

501 Mystic Valley Parkway, Somerville MA, 02144

Price per sqft$212.10

Lot size0.92 Acres

Property typeLand

Overview

Active

Listed Jul 21, 2026

Updated 11 days ago

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.

Additional information

MLS^® ID: 73552820

Exterior Features

Lot Size: 0.92 Acres

Other Property Details

Taxes: $99
Tax Frequency: Annually
55+/Senior Community: No

This listing is provided by Christopher Sower with Cushman & Wakefield

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Data last updated 4:49 AM UTC, 9/4/2026