Sold!
$2,442,000
16
Beds
12/4
Baths
12,700
Living Area
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Property 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.
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Highlights
- Area: Newton Highlands
- Parking Spots: 8
- Property Type: 3 Family
- Total Rooms: 32
- Status: Closed
- Levels: 13
- Property Class: Residential Income
- Stories: 13
- Year Built: 1920
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Additional Details
- Construction: Frame
- Fireplaces: 4
- Foundation: Concrete Perimeter, Other
- Lot Features: Other
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
- Exclusions: Personal Belongings
- Flooring: Wood
- Interior Features: Living Room, Laundry Room
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Mr2/vc2
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, Public School, T-Station
- Parking Features: Off Street
- Covered Parking Spaces: 8
- Waterfront Features: Lake/Pond, 1/10 to 3/10 To Beach, Beach Ownership(Public)
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,108,800
- Taxes: $10,867
- Tax Year: 2025
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Coldwell Banker Realty - Newton.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
