1208 Walnut St Newton, MA 02461
Newton Highlands NeighborhoodEstimated payment $16,540/month
Highlights
- Beach Front
- 2-minute walk to Newton Highlands Station
- Level Lot
- Mason Rice Elementary School Rated A
- No HOA
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $11,484
Lot Details
- 7,808 Sq Ft Lot
- Beach Front
- Level Lot
- Property is zoned MR2
Utilities
- Electricity To Lot Line
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number S:52 B:037 L:0019
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/10/2026 03/10/26 | For Sale | $2,995,000 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73484497
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Ask me questions while you tour the home.