There are multiple listings for this address:

1623-1625 Centre Street

Newton, MA, 02461

$2,800,000

Beds

0 Baths

0 SqFt

0.17 Acres

Rare 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, particularly when combined with the adjacent property at 1208 Walnut Street (MLS #73471998). Together the two parcels create a rare assemblage opportunity in Newton.

Property Details

Price:

$2,800,000

MLS #:

73484471

Status:

Active

Beds:

Baths:

Address:

1623-1625 Centre Street

Type:

Land

Subtype:

Residential

Neighborhood:

newtonhighlands

City:

Newton

Listed Date:

Mar 10, 2026

State:

Total Sq Ft:

4,214

ZIP:

02461

Lot Size:

7,477 sqft / 0.17 acres (approx)

Year Built:

1920

Schools

Interior

Exterior

Community Features

Public Transportation, Shopping, Pool, Tennis Court(s), Golf, Medical Facility, Bike Path, Highway Access, T- Station

Parking Spots

Financial

Tax Year

2025

Taxes

$10,867

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Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

pegasusrealtyma@gmail.com

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…

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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.

Rover IDX

1623-1625 Centre Street

Newton, MA

1623-1625 Centre Street

Newton, MA, 02461

$2,800,000

7 Beds

4 Baths

4,214 SqFt

0.17 Acres