Ward Shifman

$2,675,000

0.17 Acres

Newton, Massachusetts, 2461

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.

$14,995,000

1.01 Acres

Newton, Massachusetts, 2466

**Rare By-Right Opportunity** - Set in the heart of Auburndale Village, this site offers approximately 43,783 sq ft of VC2-zoned land steps to village shops and a short distance to the Commuter Rail. The newly created VC2 district is designed to encourage housing and mixed-use density in Newton's village centers - making this one of the rare, well-located sites positioned to capitalize on that vision. The property presents multiple paths for value creation, including the potential to sub-divide the lot and pursue multiple buildings up to 3.5 stories with tight setbacks. With two existing condemned structures on site, the offering is being marketed as land for redevelopment. This is a unique opportunity to deliver much-needed residential or mixed-use product in a walkable, transit-served location - an ideal canvas for modern village-center living. Renderings for marketing purposes only; no representations are made. Inquire with agent regarding Solar Panel lease buyout.