Investors! Unique opportunity to own your own sub-division in Newton’s premier area. Introducing Lago Newton, a 6 unit townhome community located in Nonantum. Each unit expertly crafted with open floor plans, luxurious finishes and designed for modern day living. Four levels of luxurious living complete with a chef’s kitchen with custom cabinetry, top of the line appliances and finishes. Each unit has 4 spacious bedrooms, 4.5 bathrooms. Open living and dining spaces for entertaining and private outdoor spaces. The subdivision has its own private lake and park. A short walk from the town’s shops, restaurants and minutes to Boston. The Lago Newton represents a unique opportunity to purchase a new construction/townhome community, trophy asset located in one of the highest barrier to entry markets in New England.
Property Details
Property Features
Property Information:
Year Built: 2025
Living Area: 18,000 SqFt
Listing Office:
Office Name: Bellafi Real Estate, Inc.
Office Phone: (617) 454-4042
Listing Agent: Stephanie Lau
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Partial Bathrooms: 6
Full Bathrooms: 20
Total Bedroom Count: 20
Exterior Features
Parking Information:
Garage Space: 6 spaces
Parking: Paved Drive
Lot Features
Lot Information:
Lot Size: 0.68 Acres
School Info
Assigned Schools Information:
Newton North High School, Public District Grades 9-12
F A Day Middle School, Public District Grades 6-8
Horace Mann, Public District Grades KG-5
Other
Directions Information:
Directions: Watertown St to Nevada St
Price Information
Listing Price Info
Price Summary:
List Price: $11,500,000
Price Per SqFt: $639/SqFt
Tax Information:
Annual Amount: $13,464
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Newton, MA.
This property is $10.0M more than the Median Sold Price and $61/SqFt more than other homes in Newton, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73301501
Listing Office:
Office Name: Bellafi Real Estate, Inc.
Office Phone: (617) 454-4042
Listing Agent: Stephanie Lau
Disclaimer: The property listing data and information 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 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 10/30/2024, 5:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 16, 2004
Jun 16, 2004Home Sold
$500,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$13,464
$1,251,300
2020
$13,064
$1,251,300
2019
$12,696
$1,214,900
2018
$12,297
$1,136,500
2017
$11,923
$1,072,200
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$57.4K
Per Month
Principal & Interest
$57.3K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$34.5K
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Horace Mann
687 Watertown St
Distance between this listing and this school0.49 miles
Public District Grades KG-5
Middle School
8
/10
F A Day Middle School
21 Minot Pl
Distance between this listing and this school0.35 miles
Public District Grades 6-8
High School
9
/10
Newton North High School
457 Walnut St
Distance between this listing and this school1.02 miles
Public District Grades 9-12
Assigned Schools
7
/10
Horace Mann
687 Watertown St
Distance between this listing and this school0.49 miles
Public District Grades KG-5
Nearby Schools
7
/10
Lincoln-Eliot
191 Pearl St
Distance between this listing and this school0.64 miles
Public District Grades KG-5
7
/10
Cabot
229 Cabot St
Distance between this listing and this school0.84 miles
Public District Grades KG-5
Assigned Schools
8
/10
F A Day Middle School
21 Minot Pl
Distance between this listing and this school0.35 miles
Public District Grades 6-8
Nearby Schools
6
/10
Watertown Middle School
68 Waverley Ave
Distance between this listing and this school1.17 miles
Public District Grades 6-8
7
/10
Bigelow Middle School
42 Vernon St
Distance between this listing and this school1.36 miles
Public District Grades 6-8
Assigned Schools
9
/10
Newton North High School
457 Walnut St
Distance between this listing and this school1.02 miles
Public District Grades 9-12
Nearby Schools
7
/10
Watertown High School
50 Columbia St
Distance between this listing and this school1.61 miles
Public District Grades 9-12
4
/10
Lyon Upper 9-12
95 Beechcroft St
Distance between this listing and this school2.40 miles
The neighbors living near this home have an average income of $65,361. Most Newton, MA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 280 Nevada St in Newton, MA and zip code 02460 in the Nonantum neighborhood. This 18,000 square foot home, which was built in 2025, sits on a 0.68 acre lot. Features: 20 bedrooms, 26 bathrooms. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $11,500,000.
Over 15 listings were sold over their listed price in September 2024 in Newton, MA. In the same period over 23 listings were sold below the listed price and 4 listings were sold for the listed price. The number of homes for sale in Newton, MA increased by 12.6% between August 2024 and September 2024. In September 2024 median list price was $1,493,166 and the average listing age was 36 days.
From Rocket Homes Real Estate and based on county public records data.