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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| Year | Land | Building | Total | Change |
|---|---|---|---|---|
| FY2026 | $712,600 | $451,600 | $1,164,200 | — |
| Date | Price | Book/Page |
|---|---|---|
| Apr 1, 1996 | $306,000 | 1154/150 |
Discrepancies found between MLS and assessor records.
| Field | Assessor | MLS | Match |
|---|---|---|---|
| Sqft | 5,492 | 4,214 | ✗ |
| Year built | 1,920 | 1,920 | ✓ |
Newton Highlands
1623 Centre Street, Newton MA 02461
Newton, MA 02461
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 03/27/2026 | 🏠 Listed for Sale | $2,675,000 | - | - | Original listing |
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