Multimillion-dollar Newton home could be worth more as knockdown
Listed for sale at just under $2.7 million, the circa-1855 home sits on nearly an acre — a rare prize in land-starved Newton.
NEWTON — Even by the admittedly high standards of West Newton Hill, the historic Queen Anne-style home nestled on Chestnut Street looks like a stunner, the Globe’s John Hilliard reports.
Listed for sale at just under $2.7 million, the circa-1855 home features 13 rooms, an exterior framed by a piazza, and a central turret offering a wide view of the front yard. The two-and-a-half story home sits on nearly an acre — a rare prize in land-starved Newton.
And thanks to sky-high values for residential property, the land may be more valuable if a future owner has the choice to knock it down and build something new.
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