1208 Walnut St, Newton, MA 02461
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$2,995,000
0.18 Acre
Residential
Lots: N/A
Zoning: N/A
HOA: N/A

Property Description

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.

Property Details tap to expand

Land Information

  • Land Description: Level
  • Distance to Beach: 1/10 to 3/10
  • Beach Ownership: Public

Utilities

  • Water: Public
  • Sewer: Public
  • Electric Info: On-Site
  • Gas: On-Site

Other Information

  • Last Updated: 03/14/26
  • HOA: No
  • Reqd Own Association: Unknown

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/14/2026Active$2,995,000MLSPIN
03/10/2026Canceled$2,995,000$879MLSPIN
03/10/2026New$2,995,000MLSPIN
01/31/2026Active$2,995,000$879MLSPIN
01/27/2026New$2,995,000$879MLSPIN

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Seller's Representative: Ward Shifman, Coldwell Banker Realty - Newton
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-03-14 03:05:00