• $4,250,000List Price
  • 0.4Acreage
  • 2026Year Built
  • 15,000Square Feet

Rare development opportunity at 40 Cypress Street in Newton. This 17,000± sq. ft. lot has been subdivided through an approved ANR plan, creating two development parcels. One parcel is approved for two buildings containing six total units, while the second parcel is approved for one four-unit building, for a total of 10 units under Newton's MRT zoning. Approvals and plans currently in hand include the ANR plan filed with the Registry of Deeds, an approved MRT project through the DRT team with the order filed at the Registry, filed engineering plans, interior demolition permit, fire and sprinkler plans, and tree permit. Structural plans and building permits are expected to be delivered by closing. A significant opportunity to acquire a well-advanced Newton development project with substantial approvals already completed.

More Info

Basic Information

  • Lot Features Level, Sloped
  • Mls StatusNew
  • Parcel Number M:0065 B:0019 L:0006,701582

Building

  • Building Area Units Square Feet
  • FoundationConcrete Perimeter
  • Levels 4
  • Stories4
  • Units10
  • Year Built2026
  • Year Built Details To Be Built
  • Year Built Source Owner

Other

  • Date Listed07/17/2026
  • Farm Land Area Units Square Feet

Tax Information

  • Tax Assessed Value $1,523,800
  • Tax Year 2026
  • Taxes$14,766

Location

  • Address40 Cypress Street
  • Building Number40
  • CountyMiddlesex
  • StateMA
  • StreetCypress Street
  • TownNewton
  • Zip02459

Property Information

  • Building Area Source Owner
  • Living Area 15,000
  • Lot Size Square Feet 17,460
  • Lot Size Units Acres
  • Square Feet15,000

Parking

  • Parking Spaces9

Basic Information

  • List Price$4,250,000
  • MLS Number73551391
  • Modification Date07/17/2026
  • Property SubType5+ Family - 5+ Units Up/Down

Property

  • Acreage0.4

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Golf
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Pool
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Tennis Court(s)
    • Walk/Jog Trails
  • Other AmenitiesGolf, Tennis

Map Location

Driving Directions

Listed by O & C Homes Team of William Raveis R.E. & Home Services

Newton, MA Demographics

There is no data available

Newton, MA Real Estate Market Data

There is no data available

Newton, MA Schools

School NameDistanceTypeGrades

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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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