There are multiple listings for this address:
$2,675,000
1623 Centre Street
Newton, MA, 02461
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.
Property Details
Price:
$2,675,000
MLS #:
73492831
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subtype:
Residential
Neighborhood:
newtonhighlands
Listed Date:
Mar 27, 2026
Lot Size:
7,477 sqft / 0.17 acres (approx)
Schools
Interior
Exterior
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Golf, Medical Facility, Bike Path, Highway Access, T-Station
Lot Features
Level
Waterfront Features
Lake/Pond, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Financial
Tax Year
2025
Taxes
$10,867
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
More About MarieMortgage Calculator
Map
Community
- Address1623 Centre Street Newton MA
- CityNewton
- CountyMiddlesex
- Zip Code02461
Subdivisions in Newton
- 15306
- Brae Burn Country Club Neighborhood-West Newton
- Chestnut Hill
- Corner of Hillside Rd. and Walnut St.
- Crystal Lake
- Farlow Hill
- Newton Center
- Newton Centre
- Newton Centre, Newton Corner
- Newton Corner – great spot .5 mile from Starbuck’s
- Newton Highlands
- Newtonville
- Oak Hill
- Oak Hill Park
- Olde Chestnut Hill
- South Side
- The Residences at Four Corners
- Waban
- Waban Square
- Waban Village
- West Newton
- West Newton Hill
Similar Listings Nearby
Property Summary
- 1623 Centre Street Newton MA is a Land for sale in Newton, MA, 02461. It is listed for $2,675,000 and features 0 acres. To schedule a showing of MLS#73492831 at 1623 Centre Street in Newton, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Coldwell Banker Realty – Newton. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
1623 Centre Street
Newton, MA
$2,675,000
1623 Centre Street
Newton, MA, 02461
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.
Property Details
Price:
$2,675,000
MLS #:
73492832
Status:
Active
Beds:
16
Baths:
14
Type:
Multi Family
Subtype:
Residential
Neighborhood:
newtonhighlands
Listed Date:
Mar 27, 2026
Finished Sq Ft:
12,700
Lot Size:
7,477 sqft / 0.17 acres (approx)
Schools
Interior
Exterior
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Golf, Medical Facility, Bike Path, Highway Access, T-Station
Lot Features
Level
Waterfront Features
Lake/Pond, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Financial
Tax Year
2025
Taxes
$10,867
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
More About MarieMortgage Calculator
Map
Current real estate data for Multi Family in Newton as of May 04, 2026
12
Multi Family Listed
362
Avg DOM
$5,024,250
Avg List Price
Community
- Address1623 Centre Street Newton MA
- CityNewton
- CountyMiddlesex
- Zip Code02461
Subdivisions in Newton
- 15306
- Brae Burn Country Club Neighborhood-West Newton
- Chestnut Hill
- Corner of Hillside Rd. and Walnut St.
- Crystal Lake
- Farlow Hill
- Newton Center
- Newton Centre
- Newton Centre, Newton Corner
- Newton Corner – great spot .5 mile from Starbuck’s
- Newton Highlands
- Newtonville
- Oak Hill
- Oak Hill Park
- Olde Chestnut Hill
- South Side
- The Residences at Four Corners
- Waban
- Waban Square
- Waban Village
- West Newton
- West Newton Hill
Similar Listings Nearby
Property Summary
- 1623 Centre Street Newton MA is a Multi Family for sale in Newton, MA, 02461. It is listed for $2,675,000 To schedule a showing of MLS#73492832 at 1623 Centre Street in Newton, MA, contact your Pegasus Realty LLC agent at 781-858-3505.