The first three phases of the development have already been completed and the fourth is nearing completion, bringing more than 500 homes to the area.
The deals with Keepmoat Homes and Priority Space will see a further 85 new homes built, as well as up to five new shop units facing Walton Breck Road, which is itself undergoing a scheme to create a new high street.
The new houses for sale are a mix of affordable and private sale, energy-efficient two, three and four-bedroom properties with private gardens and off-street car parking, their design in keeping with housing types that have proved a success in earlier phases.
The Phase 5 site includes land between Burleigh Road South, Robson Street, Vernmore Street and Walton Breck Road, where terraced housing and the old Breckfield Primary School once stood.
The site also features a number of roads, including Viceroy Street, Vanguard Street and Vyrnwy Street, which will be remodelled with a landscaped boulevard that will link Robson Street to the stadium.
Councillor Ann O’Byrne, Deputy Mayor of Liverpool, said: “This newest phase in the comprehensive £260m regeneration of Anfield is a critical piece of the jigsaw in creating a more vibrant and successful community.
“As well as paving the way for a healthy mix of new affordable homes, all with private gardens, we’re also creating new shops and much needed greenspace.
“There is much still to be done but this phase marks yet another milestone in our ambitions to create a brighter Anfield for everyone.”
The council, which has already bought most of the land and demolished 275 properties, is also seeking authority to use Compulsory Purchase Orders (CPO) in case of any contested plots.
If these plans are approved by cabinet, a planning application could be put in later this month and building work could start next May.
As part of the wider Anfield regeneration project, a two-phase £2m environmental programme is now underway to create improved public realm around “Anfield Village” on Burnand Street, with phase 2 to begin in Spring 2018 on Blessington Road and Hayfield Street.
A further £2.5m of environmental works will take place later in 2018 on Walton Breck Road, from Sleepers Hill to Oakfield Road, which will include tree planting and pavement resurfacing.