1623 Centre Street, Newton, MA 02461
Local realty services provided by:Metropolitan Homes
1623 Centre Street,Newton, MA 02461
$2,675,000
- 0.17 Acres
- Lots / Land
- Active
Listed by: ward shifman
Office: coldwell banker realty - newton
MLS#:73492831
Source:MLSPIN
Price summary
- Price:$2,675,000
About this home
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, the highest and best use may be redevelopment. The rendering shows four townhomes, however a small elevator building is also a possible and allowed scenario.
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Home facts
- Listing ID #:73492831
- Updated:May 13, 2026 at 10:45 AM
Structure and exterior
- Lot area:0.17 Acres
- Lot Features:Level
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,675,000
- Tax amount:$10,867 (2025)
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