Residential

Watertown, MA Residential Land & Home Lots for Sale

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Residential Development Opportunity
Updated: May 27
Residential Development Opportunity

33 Melendy Ave, Watertown, MA 02472

$900,000
Ideal for residential development.
Located in a residential 2 Family zone.
Close proximity to bus lines to Harvard Square and Watertown Square.
Near shops and restaurants in Coolidge Square.
Short distance to Arsenal Yards and The Watertown Mall.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Watertown, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Residential Development Lot with Home
Residential Development Lot with Home

331 Heath Street, Brookline, MA 02467

$3,750,000
3,790 sqft 0.94 AC lot

Over 41,000 square feet with an existing contemporary residence, offering multiple outdoor living areas and flexible interior space.

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Multi-family
Multi-family

97-103 University Road, Brookline, MA 02445

$5,500,000
7,308 sqft

Residential land & home lots · 7,308 SF

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Zoned Development Land Opportunity
Zoned Development Land Opportunity

727 Washington St, Newton, MA 02458

$1,850,000

Development land in the VC2/BU2 zoning district with approved plot plan and historic commission sign-offs.

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Prime Newton Corner Development Opportunity
Prime Newton Corner Development Opportunity

160-162 Charlesbank Road, Newton, MA 02458

$1,899,000

18,048 sq ft lot in Newton Corner location.

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Watertown, MA Residential Land & Home Lots Market Trends and Statistics

Explore 1 residential land & home lots for sale in Watertown, MA on our real estate platform.

Sale prices for home sites in Watertown, MA average $900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 1

Demographics Overview

Population 35K
Population Growth (5Y) -0.2%
Median Household Income $123,383
College Educated 34.2%

High-Yield Neighborhoods for Investment

Identify Watertown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
02472 $925K

Taxes & Financing

Tax Rate (average for all types) 1.96%
Property Tax per SF $13.86 per SF
Tax Rate vs County Average 0.20 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Middlesex County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Middlesex County

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