Sold for $2,442,000

$2,442,000

1623 Centre St, Newton Highlands, MA 02461

16beds

12,700sqft

3 Family

Built in 1920

-- sqft lot

$-- Zestimate^®

$192/sqft

$-- Estimated rent

Home value

Not available

Estimated sales range

Not available

Zestimate^® history

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What's special

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 16
Bathrooms: 16
Full bathrooms: 12
1/2 bathrooms: 4

Features

Living Room, Laundry Room
Flooring: Wood
Has basement: No
Number of fireplaces: 4

Interior area

Total structure area: 12,700
Total interior livable area: 12,700 sqft
Finished area above ground: 12,700
Finished area below ground: 0

Property

Parking

Total spaces: 8
Parking features: Off Street
Garage spaces: 8

Features

Patio & porch: Patio
Waterfront features: Lake/Pond, 1/10 to 3/10 To Beach, Beach Ownership(Public)

Lot

Size: 7,477 Square Feet
Features: Other

Details

Parcel number: 695029
Zoning: MR2/VC2

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family

Materials

Frame
Foundation: Concrete Perimeter, Other
Roof: Shingle

Condition

Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, Public School, T-Station

Location

Region: Newton Highlands

Financial & listing details

Price per square foot: $192/sqft
Tax assessed value: $1,108,800
Annual tax amount: $10,867
Date on market: 6/14/2026
Exclusions: Personal Belongings
Total actual rent: 0

Price history

Date	Event	Price
7/31/2026	Sold	$2,442,000-8.7%$192/sqft
Source: MLS PIN #73492832 Report a problem
7/1/2026	Pending sale	$2,675,000$211/sqft
Source: MLS PIN #73492832 Report a problem
5/12/2026	Contingent	$2,675,000$211/sqft
Source: MLS PIN #73492832 Report a problem
3/27/2026	Listed for sale	$2,675,000$211/sqft
Source: MLS PIN #73492831 Report a problem