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285-289 Summer St, Arlington, MA 02474

$3,999,900
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New to the Market Active
LOT SIZE 0.644 acres MLS#73599331
STATUSActive PROPERTY TYPELand - Residential

Property Description

Introducing an ideal 28,063 sq ft residential development site on Summer St in Arlington, positioned for a friendly 40B. The site is split into two lots (14,504 and 13,559 sq ft) and sits above Summer St with views toward the Boston skyline, moments to Arlington High School, Mass Ave, and Route 2. A building permit is in place for two 2-family residences: four units total, each unit with 4 bedrooms, 3.5 baths, about 3,200 sq ft of finished square footage, and a garage. Site work is done; the two existing 2-family homes have been razed and the lot has been cleared. Driveway has been prepped. As of November 2026, Arlington has not reached the affordable housing threshold or safe harbor under Chapter 40B, opening a path to further development and permitting. Few sites in Arlington combine this much land, a site ready to build, and direct frontage on a main road. Buyer to perform own due diligence on 40B feasibility.

285-289 Summer St | MLS# 73599331

This land located at 285-289 Summer St, Arlington, MA 02474 is currently listed for sale with an asking price of $3,999,900. The property has approximately 0.64 Acres. Search Arlington real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Land - Residential
Lot Size: 0.64 Acres
Taxes: $12,256

Feature Descriptions

Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 4
Development Status: Rough Grade
Electric: At Street
Lot Features: Easements, Elevated, Cleared, Gentle Sloping
Number Of Lots: 2
Parcel Number: 079.000010004.0 079.000010005.0
Rental Term: Monthly
Sewer: Public Sewer, At Street
Special View Info: Scenic View(s)
Water: Public, At Street

Listed By / Shown By

Listed By

Agency Name: Larkin & Larkin Real Estate
Agent Name: Doug Walters
Agency Phone: 941-815-1632

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Estimated Payment

$ 11,090.01 per month $8,902.04 Principal & Interest $1,021.33 Property Tax $1,166.64 Homeowner's Insurance

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