$3,500,000
 $18,789 est/mo Sourced by Back At You

16 Field St,Cambridge, MA 02138

Cambridge, MA 02138

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Description

Will be Fully permitted 9 unit development opportunity in highly desirable West Cambridge. Soon to be approved plans for 8 luxury two-bedroom and 1 three-bedroom residences, each thoughtfully designed with private balconies / studies / roof decks. Ideal for investors or developers. Sell as premium condominiums or hold as high-end rental units. The site will be shovel-ready, allowing immediate demo and construction and reduced timeline to completion. Take advantage of Cambridge's generous zoning laws and strong demand for upscale housing. Located near Danehy Park, Fresh Pond, playgrounds, acclaimed restaurants, boutique shopping, Harvard Square, Porter Square, Route 2, and the Mass Pike. Enjoy convenient access to the Red Line, commuter rail, Harvard, MIT, Kendall Square, and Cambridge's world-renowned innovation economy. A rare turnkey opportunity in one of Cambridge's most coveted neighborhoods. Please see offering memorandum as well as full set of plans under paper clip.

Details

MLS #73551562
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2026
Days On Site68
Listing Provided ByRE/MAX Real Estate Center | David Lilley

Features

Bed(s)19
Bath(s) 18 Total
SQ Feet10,544
Story(s)6
Units9
ZoningB
Acreage0.09
Golf CourseYes

Interior

Rooms Total53
Fireplaces Total0
Fireplace Yes / NoNo

Exterior

Exterior FeaturesBalcony
RoofRubber, Other
Construction MaterialsFrame
Foundation DetailsConcrete Perimeter
Lot FeaturesLevel

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount9569
Tax Assessed Value1506900
Tax Year2025

Location

Community FeaturesPublic Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
Senior Community Yes / NoNo

Area Information

StateMA
CountyMiddlesex
CityCambridge
Zip Code02138
AreaWest Cambridge
Listing VS Median (in 02138)
Price:
$3,500,000
low | high
Med:
$8,150
100% of Average
sqft:
10,544
low | high
Med:
2,397
100% of Average
$ / sqft:
$332
low | high
Med:
$4
100% of Average
On site:
68
low | high
Med:
97.5
69.74358974359% of Average
Sourced by Back At You

Market Activity 02138

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Additional Information

Showing Information

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Contact

Learn More About This Property

Wendy Tauber

Wendy Tauber

HK Realty

 (603) 502-7151wendy@h-krealty.com
StateMA
CountyMiddlesex
CityCambridge
Zip Code02138
AreaWest Cambridge
Listing VS Median (in 02138)
Price:
$3,500,000
low | high
Med:
$8,150
100% of Average
sqft:
10,544
low | high
Med:
2,397
100% of Average
$ / sqft:
$332
low | high
Med:
$4
100% of Average
On site:
68
low | high
Med:
97.5
69.74358974359% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $2.625M - $4.375M
sqft: 7,500 - 13,000
Nearby Listings Property ImageNearby Listings Details
37 Sherman # B Property Photo 1
$5,800
37 Sherman # B
Cambridge, MA 02138
Listing Updated: September 5, 2026 at 2:44:22 PM PDT