Fully permitted development opportunity in highly desirable West Cambridge. Approved plans in place for 7 luxury one, two, and three bedroom residences, each thoughtfully designed with private balconies / roof decks and 6 dedicated parking spaces. Ideal for investors or developers—sell as premium condominiums or hold as high-end rental units. The site is shovel-ready, allowing immediate construction and reduced timeline to completion. Take advantage of Cambridge’s generous zoning laws and strong demand for upscale housing. Fresh Pond walking path, playgrounds, and golf course are up the street, and this location is central to Rt 2 and the Mass Pike. Prime location near public transportation, shopping, and neighborhood amenities. A rare, turnkey project offering exceptional upside in one of Cambridge’s most sought-after markets.
Sold for $3,200,000
$3,200,000
18 Thingvalla Ave, Cambridge, MA 02138
15beds
9,217sqft
5-9 Family
Built in 2026
-- sqft lot
$3,198,500 Zestimate®
$347/sqft
$4,549 Estimated rent
Home value
$3,198,500
$3.01M - $3.42M
$4,549/mo
Zestimate® history
Owner options
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$4,549/mo
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$4,549/mo
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$20,016/mo
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$20,016/mo
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Zillow last checked:
Listing updated:
Listed by:
David Lilley 617-290-5868,
RE/MAX Real Estate Center 617-576-3800
Bought with:
Tigran Yesayan
Remark Real Estate, Inc.
Source: MLS PIN,MLS#: 73488626
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 12
- Full bathrooms: 12
Appliances
- Laundry: Electric Dryer Hookup
Features
- Flooring: Hardwood
- Doors: Insulated Doors
- Windows: Insulated Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 9,217
- Total interior livable area: 9,217 sqft
- Finished area above ground: 9,217
Property
Parking
- Total spaces: 6
- Parking features: Off Street, Deeded
- Uncovered spaces: 6
Features
- Patio & porch: Deck - Roof
- Exterior features: Balcony
Lot
- Size: 7,536 sqft
- Features: Cleared, Level
Details
- Parcel number: M:00255 L:00012,418043
- Zoning: B
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Rubber
Condition
- New construction: Yes
- Year built: 2026
Utilities & green energy
- Electric: 220 Volts, 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range, for Electric Oven, for Electric Dryer
Green energy
- Energy efficient items: Thermostat
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
Location
- Region: Cambridge
HOA & financial
Other financial information
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 6/6/2026 | Sold | $3,200,000-3%$347/sqft |
Source: MLS PIN #73488626 Report a problem | ||
| 6/4/2026 | Pending sale | $3,300,000$358/sqft |
Source: MLS PIN #73488626 Report a problem | ||
| 3/18/2026 | Listed for sale | $3,300,000$358/sqft |
Source: MLS PIN #73488626 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,113 +5.5% | $962,600 -1.7% |
| 2024 | $5,796 +3.4% | $979,000 +2.3% |
| 2023 | $5,607 +6.1% | $956,800 +7.2% |
| 2022 | $5,284 -3% | $892,600 -4.2% |
| 2021 | $5,450 +5.4% | $931,600 +3.6% |
| 2020 | $5,169 +7.4% | $899,000 +11% |
| 2019 | $4,812 +9.3% | $810,100 +15.8% |
| 2018 | $4,402 +2.9% | $699,800 +6.2% |
| 2017 | $4,276 +3.8% | $658,900 +11.8% |
| 2016 | $4,118 +1% | $589,100 +13% |
| 2015 | $4,076 +2.5% | $521,200 +9.9% |
| 2014 | $3,975 +1.4% | $474,300 +4.7% |
| 2013 | $3,921 +10.1% | $452,800 +7.8% |
| 2012 | $3,562 +3.9% | $420,000 |
| 2011 | $3,427 +4.8% | $420,000 -0.8% |
| 2010 | $3,269 +2.1% | $423,400 |
| 2009 | $3,201 -0.9% | $423,400 -3.5% |
| 2008 | $3,230 -0.4% | $438,800 +1.2% |
| 2007 | $3,242 +2.1% | $433,400 +0.7% |
| 2006 | $3,175 -5% | $430,200 +0.1% |
| 2005 | $3,342 -11.4% | $429,600 -13.1% |
| 2004 | $3,772 +20.9% | $494,400 +15% |
| 2003 | $3,121 +5.6% | $429,900 +5% |
| 2002 | $2,956 +14.7% | $409,400 +53.1% |
| 2000 | $2,578 | $267,400 +15% |
| 1999 | -- | $232,500 |
Find assessor info on the county website
Neighborhood: Strawberry Hill
Nearby schools
GreatSchools rating
- 7/10Haggerty SchoolGrades: PK-5Distance: 0.1 mi
- 8/10Rindge Avenue Upper SchoolGrades: 6-8Distance: 1.7 mi
- 8/10Cambridge Rindge and Latin SchoolGrades: 9-12Distance: 2.1 mi
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Estimated market value
$3,198,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$3,198,500
- Massachusetts
- Middlesex County
- Cambridge
- 02138
- Strawberry Hill
- 18 Thingvalla Ave
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