1208 Walnut St, Newton, MA 02461

Newton
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
1208 Walnut St,Newton, MA 02461
$2,995,000
  • 0.18 Acres
  • Lots / Land
  • Active
Listed by: ward shifman, joan barrett
Office: coldwell banker realty - newton
MLS#:73484497
Source:MLSPIN

Price summary

  • Price:$2,995,000

About this home

Rare development opportunity in the heart of Newton Highlands Village, just steps to local shops, restaurants, and the MBTA Green Line. This property at 1629 Centre Street sits on approximately 7,808 sq ft of land within Newton’s newly adopted VC2 Village Center zoning district, which encourages higher-density village housing through reduced setbacks, increased lot coverage, and building heights of up to approximately 3.5 stories. The 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 an attractive project for builders and developers seeking to take advantage of Newton’s new Village Center zoning. While the existing two-family home may offer value as an investment property, the highest and best use may be redevelopment. Additional value may be realized when combined with the adjacent parcel located at 1623-1625 St. (currently listed in MLS), creating a rare assemblage.

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Home facts

  • Listing ID #:73484497
  • Updated:March 14, 2026 at 10:48 AM

Structure and exterior

  • Lot area:0.18 Acres
  • Lot Features:Level

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,995,000
  • Tax amount:$11,484 (2025)
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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