1208 Walnut St, Newton, MA 02461
Local realty services provided by:ERA Millennium Real Estate
1208 Walnut St,Newton, MA 02461
$2,995,000
- 0.18 Acres
- Lots / Land
- Active
Listed by: ward shifman, joan barrett
Office: coldwell banker realty - newton
MLS#:73484497
Source:MLSPIN
Price summary
- Price:$2,995,000
About this home
Rare development opportunity in the heart of Newton Highlands Village, just steps to local shops, restaurants, and the MBTA Green Line. This property at 1629 Centre Street sits on approximately 7,808 sq ft of land within Newton’s newly adopted VC2 Village Center zoning district, which encourages higher-density village housing through reduced setbacks, increased lot coverage, and building heights of up to approximately 3.5 stories. The 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 an attractive project for builders and developers seeking to take advantage of Newton’s new Village Center zoning. While the existing two-family home may offer value as an investment property, the highest and best use may be redevelopment. Additional value may be realized when combined with the adjacent parcel located at 1623-1625 St. (currently listed in MLS), creating a rare assemblage.
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Home facts
- Listing ID #:73484497
- Updated:March 14, 2026 at 10:48 AM
Structure and exterior
- Lot area:0.18 Acres
- Lot Features:Level
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,995,000
- Tax amount:$11,484 (2025)
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