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Federal 30-year interest rate: 6.67% last updated on 2026-08-13

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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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    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 StatusActive
    • 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

    • GO-List Price$8,500,000
    • MLS Number73552820
    • Modification Date07/25/2026
    • Property SubTypeResidential

    Property

    • Acreage0.92

    Property Information

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

    The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

    I agree to receive marketing and customer service calls and text messages from Levi Test Cloner2. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

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