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Vacant Land in Newton

price

$2,675,000|Listed: Mar 27, 2026

MLS#235542941

location

1623 Centre Street, Newton, Middlesex County, Massachusetts

Status:Active

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Property Type

  • Acreage

Acreage

0.17 acres

County

Middlesex

Format

Sale

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Description

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.

Listing Agent

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Ward Shifman

company

601-Coldwell Banker Realty - New England

location

Chestnut HIll, Massachusetts

Co-op approved lenders in Middlesex County, Massachusetts:
Farm Credit
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Boa Safra - Farm Credit Partner
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Vacant Land in Newton
price

$14,995,000|Listed: Mar 17, 2026

acres

1.01 Acres

location

Newton, Massachusetts, 2466