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Zoned Development Land Opportunity
For Sale
$1,895,000

727 Washington St, Newton, MA 02458

Development land in the VC2/BU2 zoning district with approved plot plan and historic commission sign-offs.

Property SizeContact for details
Days on Market35

Property Features for 727 Washington St

General Information

Standard status Active
Property subtype Land
Zoning BU2-VC2

Taxes and HOA fees

Annual Taxes $15,382
Listing Agency: Kraft Fine Homes
Listed By: Cynthia Lanciloti
Source: Laerrealty
Added: Jul 6 Changed: Aug 8 Last Checked: Jul 8 at 2:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kraft Fine Homes

Investment Insights

Based on property information with market context.

This offering is development land in the VC2/BU2 zoning district of Newtonville. Public remarks indicate that, under the current zoning, VC2 projects may be permitted “by right,” which can reduce the need for special permitting. The seller has a stamped plot plan, sign-offs from the City of Newton Historical Commission, and a sketch showing a potential 6-unit layout.

The parcel is described as sitting directly across from public transportation in Newtonville, with future options noted for commuter rail service to Fenway, Back Bay, or South Station. An express bus to Downtown Boston is also described as being across the street.

The provided development scenarios include condominium-style units that could allow up to 18 units at 950 sf each, as well as an alternative concept of 6 larger units with 1 car parking per unit, and a third option between these two approaches.

Key Highlights

  • Development land in the VC2/BU2 zoning district in Newtonville, where VC2 projects are by‑right under the stated zoning change
  • Stamped plot plan and sign‑offs from the City of Newton Historical Commission included
  • Development options include up to 18 condominium‑style units at 950 SF each

Property Analytics

Current Use

Mass Junk Car ... Auto Parts Store Suburban Appraisal Services Real Estate Agency Morgen Jeffrey A Tax Preparation

Suggested Use

Top Pick Dental Office Home Appliance Store Grocery & Convenience Store Veterinary Clinic Discount Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,439
Businesses Nearby

Demographics for 02458, MA

12,817
Population
5,238
Households
2.4
Avg Household Size
40
Median Age
76%
College-Educated
97%
High-School Grad
2.0 sq mi
ZIP Area
6,409
Density / Sq Mi
$151,782
Median Household Income
$72,008
Median Earnings
$2,313
Median Rent
$1,116,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Development land in the VC2/BU2 zoning district with approved plot plan and historic commission sign-offs.
Where is this residential land & home lot located?
The property is located at 727 Washington St Newton, MA.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Development land in the VC2/BU2 zoning district in Newtonville, where VC2 projects are by‑right under the stated zoning change; Stamped plot plan and sign‑offs from the City of Newton Historical Commission included; Development options include up to 18 condominium‑style units at 950 SF each
More about this property
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