1 Confidential Way, Stoneham, MA 02180

Stoneham
Local realty services provided by:ERA Key Realty Services
1 Confidential Way,Stoneham, MA 02180
$1
  • 0.28 Acres
  • Lots / Land
  • Active
Listed by: stephen cefalo, stephen cefalo
Office: stephen cefalo real estate
MLS#:73545555
Source:MLSPIN

Price summary

  • Price:$1

About this home

Exceptional development opportunity on a 12,319 SF parcel just outside downtown Stoneham. Located within the Business zoning district; ownership, working with its architectural team, has prepared two preliminary conceptual redevelopment studies illustrating the property's multifamily and townhouse potential. Concept 1 envisions an 18-unit apartment or condominium building with 19 covered parking spaces. Concept 2 proposes eight townhouse residences, each featuring two bedrooms, 2.5 baths, an attached two-car garage, and private outdoor garden space. Rare opportunity for builders and developers to acquire a well-located redevelopment site in one of Greater Boston's most desirable suburban communities. All redevelopment concepts are subject to Planning Board review and approval, design review, and all applicable municipal and regulatory approvals. Seller is willing to cooperate with the purchaser during the permitting process, with closing structured upon mutually agreed milestones.

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Home facts

  • Listing ID #:73545555
  • Updated:July 08, 2026 at 10:25 AM

Structure and exterior

  • Lot area:0.28 Acres
  • Lot Features:Level

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1
  • Tax amount:$14,000 (2025)
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