Active
3 Days on market
557 Somerville Ave #2 Somerville — Photo 1 of 35

557 Somerville Ave #2 Somerville — Photo 1 of 35

$1,289,000

557 Somerville Ave #2, Somerville, MA 01243

Somerville, MA 01243

Investor Analysis

Beds

3

Baths

2.5

SqFt

1,495

Style

Condominium

Built

2025

NEW CONSTRUCTION | LUXURY LIVING | PRIME SOMERVILLE LOCATIONExperience elevated urban living in this exceptional new-construction residence, thoughtfully designed for modern comfort, style, and convenience. The open-concept living space features beautiful white oak hardwood floors throughout and a stunning chef’s kitchen anchored by a dramatic double-thick granite waterfall island. Premium Thermador appliances include a 36-inch range and oven, complemented by custom cabinetry and a convenient pot filler.The oversized primary suite is a private retreat, featuring an expansive walk-in closet, XXL walk-in shower, elegant marble tile flooring, and a luxurious dual-sink his-and-hers vanity.Enjoy multiple outdoor spaces, including a private deck and balcony overlooking beautiful Conway Park. Two valet garage parking spaces and exclusive private storage add exceptional convenience, while smart-home technology provides effortless control of key home features.Ideally positioned between Union Square, Porter Square, and Harvard University, this home places the best of Somerville and Cambridge within easy reach. Walk to outstanding restaurants, shopping, Green Line access, biotech and lab destinations, and an abundance of neighborhood amenities.Directly across the street, Conway Park offers an exceptional array of recreation, including soccer and baseball fields, basketball and tennis courts, an ice-skating/hockey rink, playground, and splash pad—putting some of the area’s best outdoor amenities right outside your door.Sophisticated finishes, generous living spaces, premium appliances, smart-home technology, parking, private storage, outdoor space, and an exceptional location come together in this truly special home.A must-see new-construction residence offering an extraordinary combination of luxury, convenience, and lifestyle in the heart of Somerville.

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$862/sqft
Local Avg (Somerville)$702/sqft
23% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Somerville, MA.

Property Details

Financials

Original Price$1,289,000
Annual Taxes$9,999
HOA Fee$223

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms6
Fireplaces1
FlooringTile, Marble, Hardwood
BasementY

Climate & Utilities

HeatingCentral, Forced Air
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionConventional (2x4-2x6)
RoofRubber
Foundation--
ZoningNR

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Range Hood

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Laundromat • Public School

Geography

Population

173

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

Median Household Income

$91K

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

Renter-Occupied Homes

2.6%

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

New Construction Permits — Hampshire County

389 housing units permitted in the last 12 months (+48% vs the prior 12 months) — 274 in 5+ unit buildings

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

Listing Provided By

Listing Agent: Craig Shepherd

Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

MLS® Number: 73581183

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