$3,450,000

Estimated payment $20,000/month

3.12 Acres
$1,105,769 Price per Acre
135,907 Sq Ft Lot

About This Lot

Prime Development Opportunity – Fully Entitled 46-Unit Site. Presenting a rare multifamily development opportunity in the highly desirable town of Stoneham, MA. This fully entitled site is approved for 46 residential units, offering a streamlined path to construction in one of Greater Boston’s most dynamic submarkets. Strategically located with convenient access to I-93 and I-95, the site is just minutes from downtown Stoneham, local amenities, and a short commute to Boston. The property sits in a strong rental and for-sale market supported by excellent school systems, vibrant community life, and proximity to regional employers. With all approvals in place, this development is ideally positioned for investors or developers seeking to capitalize on strong demand in the area. Whether you're building for sale or long-term rental income, this is an opportunity to deliver a high-quality residential project in a high-barrier-to-entry market.

Listing Agent

Gianni De Palma

GDP Real Estate Group, LLC Listed on: 11/19/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,793

Additional Features

  • 3.12 Acre Lot
  • Water Source Within 50 Feet

Community Details

Overview

  • No Home Owners Association

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$21,793

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Special Features: None

Interior Features

  • MAIN LO: AN2491

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No

Utilities

  • Sewer: Nearby
  • Gas: Nearby
  • Electric: Nearby
  • Water Source: Nearby

Condo/Co-op/Association

  • Association YN: No
  • Senior Community YN: No

Lot Info

  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 3.12
  • Lot Size Sq Ft: 136054
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 21793

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2025 11/19/25 For Sale $3,450,000 -- --
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73456493

MLS Property Information Network (MLS PIN)