Pending

1623 Centre Street

Newton, MA 02461
Mark as Favorite
Acres0.17

Acre(Lot)

Rare "By-Right" development opportunity in the heart of Newton Highlands Village, just steps to shops, restaurants, and the MBTA Green Line. The property sits on over 7,400 sq ft of land within Newton’s newly adopted VC2 Village Center zoning district, which encourages higher-density village housing with reduced setbacks, increased lot coverage, and building heights of up to approximately 3.5 stories.This property is being offered primarily as a development opportunity, with zoning that allows multifamily housing by right without the need for a special permit, making it a rare and highly attractive project for builders and developers. While the existing three-family home offers charm, including a spacious first-floor unit with four bedrooms and two baths plus two additional units above, th e highest and best use may be redevelopment. The rendering shows four townhomes, however a small elevator building is also a possible and allowed scenario.

Read More Expand

Detail Ic Property Details

Property Type : Land

Price : $2,675,000

AD Id : 76537099

MLS Id : 73492831

Lot Size : 0.17 Acre(Lot)

County : Middlesex

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Heating & Cooling

    WaterSource: Public

  • Lot Information

    Lot Description: Level Lot Size Area: 0.17 Lot Size Units: Acres Lot Square Feet: 7,477 Lot Acres: 0.17 Waterfront: Lake/Pond, 1/10 to 3/10 To Beach, Beach Ownership(Public) Main Square Feet: 0.17

    Property Information

    Property Type: Land Sub Type: Residential

  • Listing Price Information

    Original Listing Price: $2675000

  • Tax Information

    Parcel Number: 695029 Annual Tax: $10867

  • Location Information

    Direction: Prime desirable location near the corner of Centre & Walnut, steps to the MBTA Green Line & shops
Sell a home like this and save $160,001 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Copyright © 2026 by the Multiple Listing Service of the MLS Property Information Network, Inc. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the MLS Property Information Network, Inc. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 06/08/2026 @ 23:37

MLS: 73492831 LISTED BY: Ward Shifman, Coldwell Banker Realty - Newton 617-969-2447 SOURCE: MLS Property Information Network

Selling? Save $160,001 when you sell a home like this

Tour with a ByOwner Agent