283 Melrose Street, Newton, MA 02466
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$16,500,000
Units: N/A
0 Beds
0 Baths
100 SQFT
1.01 Acre

Property Description

Set in the heart of Auburndale Village, 283 Melrose Ave offers approximately 43,783 ± sq ft of VC2-zoned land steps to village shops and a short distance to the Commuter Rail. The newly created VC2 district is designed to encourage housing and mixed-use density in Newton’s village centers - making this one of the rare, well-located sites positioned to capitalize on that vision. The property presents multiple paths for value creation, including the potential to sub-divide the lot and pursue multiple buildings up to 3.5 stories with tight setbacks. With two existing condemned structures on site, the offering is being marketed as land for redevelopment. This is a unique opportunity to deliver much-needed residential or mixed-use product in a walkable, transit-served location - an ideal canvas for modern village-center living. More details are available.

Property Details tap to expand

Building Information

  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Marina, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, T-Station, Tennis Court, University, Walk/Jog Trails
  • Basement Features: Full

Financial

  • APOD Available: No

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No

Unit 2 Description

  • Under Lease: No

Construction

  • Year Built: 2020
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Fieldstone, Poured Concrete
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73451393
  • Last Updated: 11/09/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/09/2025Active$16,500,000$165,000MLSPIN
11/09/2025Active$16,500,000MLSPIN
11/05/2025New$16,500,000MLSPIN
11/05/2025New$16,500,000$165,000MLSPIN

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Seller's Representative: Ward Shifman, Coldwell Banker Realty - Newton
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-11-09 04:05:00