1208 Walnut St Newton, MA ^$ 2,995,000

1208 Walnut St

^$ 2,995,000

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Recently Listed

1208 Walnut St

Newton, MA, 02461

^$ 2,995,000

Studio Baths0.0

Monthly Estimate*

^$ 18,441

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Studio

Lots and Land for sale in Newton, MA

for $2,995,000. The lot size is 0.18.

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.

Lots and Land Active

Price

^$ 2,995,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 11,484

Style

Level

Lot Size

0.18

Town/City

Newton

County/Region

Middlesex

MLS | Web ID

73484497

List By

Ward Shifman

Listing Agent

Coldwell Banker Realty - Newton

Broker

Affordability Calculator

$19,398

Per Month

Monthly Principal & Interest: $18,441
Monthly Property Taxes: $957
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Lots and land listings in Newton, MA

Average List Price ^$3,621,923

Percent of Sale Price 21%

About Newton, MA

86,108 Population

3% Since 2002

^$130,037 Median Income

41.32 Median Age

34% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
3/10/2026	$2,995,000		Listed Price

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1208 Walnut St, Newton, MA, 02461 is a Lots and Land for sale at $2,995,000 with a lot size of 0.18. 1208 Walnut St is a studio with 0.0 baths. The property's zip code is 02461 which is in Newton, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 3/10/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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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1208 Walnut St

Lots and Land for sale in Newton, MA

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