$3,500,000

Estimated payment $19,922/month

Total Views 3,216
0.31 Acre
$11,290,323 Price per Acre
13,504 Sq Ft Lot

Highlights

  • Property is near public transit
  • 3-minute walk to Newton Highlands Station
  • Community Pool
  • Mason Rice Elementary School Rated A+
  • No HOA
  • Shops

About This Lot

Attention developers - a dream location and opportunity. Rarely available three-family in ultra desirable prime Newton Highlands location steps to the best of shopping, dining and the MBTA Green Line plus nearby Crystal Lake. Neary 1/3 acre - over 13,400 sf of prime land located in Newton's newly passed MRT/MR1 MBTA zoning which has a goal of encouraging the creation of higher-density village multifamily housing by expanding zoning to allow for more density. A rare chance to be a part of the development of one of Newton's premier locations. Existing home has much charm and character including a spacious townhouse style 3 bedroom owner's unit. Can be delivered vacant. No representations made - buyers to do their own due diligence on use and zoning. (Note: Ask for details on TWO adjacent properties available for sale if you are interested to do a larger development)

Listing Agent

Todd Glaskin

Coldwell Banker Realty - Newton Listed on: 10/03/2025

Coldwell Banker Realty - Newton

Co-Listing Agent

Gregg Leppo

Coldwell Banker Realty - Newton

Co-Listing Agent

Alison Haran

Coldwell Banker Realty - Newton

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,180

Lot Details

  • 0.31 Acre Lot
  • Property is zoned MRT/MR1

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Electricity To Lot Line
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 695028

Community Details

Recreation

  • Community Pool

Additional Features

  • No Home Owners Association
  • Shops

Property Details

Property Type

Land

Est. Annual Taxes

$16,180

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Special Features: None

Interior Features

  • MAIN LO: AN6181

Exterior Features

  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No

Utilities

  • Sewer: Public Sewer
  • Gas: Other (See Remarks)
  • Electric: On-Site
  • Electricity On Property: Yes
  • Water Source: Private

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Pool, Highway Access, Private School, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 695028
  • Zoning: MRT/MR1
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13461
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 16180

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,180 $1,651,000 $936,800 $714,200
2024 $15,644 $1,602,900 $909,500 $693,400
2023 $14,803 $1,454,100 $732,900 $721,200
2022 $14,164 $1,346,400 $678,600 $667,800
2021 $13,291 $1,235,200 $622,600 $612,600
2020 $12,895 $1,235,200 $622,600 $612,600
2019 $12,063 $1,154,400 $581,900 $572,500
2018 $11,742 $1,085,200 $538,100 $547,100
2017 $11,071 $995,600 $493,700 $501,900
2016 $10,394 $913,400 $452,900 $460,500
2015 $9,910 $853,600 $423,300 $430,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2025 10/03/25 Price Changed $3,500,000 -2.8% $1,099 / Sq Ft
10/03/2025 10/03/25 For Sale $3,600,000 -- $1,130 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed $350,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $240,000 No Value Available
Previous Owner $239,750 Purchase Money Mortgage
Previous Owner $100,000 No Value Available
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73439411

MLS Property Information Network (MLS PIN)

APN: NEWT-000052-000037-000017