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283 Melrose Street

Newton, MA 02466
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Bed 0

Bed

Bath 0

Bath

Acres1.01

Acre(Lot)

Set in the heart of Auburndale Village, this site 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 4 stories with tight setbacks. This is a unique opportunity, don't miss out! **Rare By-Right Opportunity** This is a Broker marketed sale by Trustee and authorized by bankruptcy court. Sale by order and Trustee deed but otherwise as is, where is. Will sell with clear title, marketabl e insurance and free of liens and encumbrances.

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Detail Ic Property Details

Property Type : Residential Income

Price : $8,999,000

AD Id : 77737954

MLS Id : 73506946

Lot Size : 1.01 Acre

Year Built : 2020

County : Middlesex

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Feature Features

  • Heating & Cooling

    WaterSource: Public

  • Building Information

    Year Built: 2020
  • Exterior Features

    Foundation Details: Concrete Perimeter

  • Lot Information

    Lot Description: Corner Lot, Level Lot Size Area: 1.01 Lot Size Units: Acres Lot Square Feet: 43,783 Lot Acres: 1.01 Waterfront: River, 1/10 to 3/10 To Beach, Beach Ownership(Public) Main Square Feet: 1.01

    Property Information

    Property Type: Residential Income Sub Type: 5+ Family - 5+ Units Up/Down

  • Listing Price Information

    Original Listing Price: $8999000

  • Tax Information

    Parcel Number: 690440 Annual Tax: $0

  • Elementary School: Williams
    Junior High School: Brown
    Senior High School: South
  • Location Information

    Direction: Auburn or Comm Ave to Melrose
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
39 Holman Rd, Newton, MA, 02466 $1,250,000 5 3 2,477 2,477 SqFt
75 Auburn St, Newton, MA, 02466 $1,998,000 5 5 4,853 4,853 SqFt
284 Webster St, Newton, MA, 02466 $2,495,000 5 5 5,100 5,100 SqFt
2031 Commonwealth Ave, Newton, MA, 02466 $1,425,000 4 4 2,860 2,860 SqFt
349 Auburndale Ave, Newton, MA, 02466 $1,649,000 4 4 3,200 3,200 SqFt
285 Lexington, Newton, MA, 02466 $1,325,000 4 4 2,320 2,320 SqFt
27 Oakwood Road, Newton, MA, 02466 $5,150,000 6 7 7,488 7,488 SqFt
379 Central Street, Newton, MA, 02466 $2,895,000 8 6 5,822 5,822 SqFt
9 Johnson Pl #9, Newton, MA, 02466 $2,199,000 6 5 4,021 4,021 SqFt

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ByOwner last updated this listing 07/05/2026 @ 06:59

MLS: 73506946 LISTED BY: Ward Shifman, Coldwell Banker Realty - Newton 617-969-2447 SOURCE: MLS Property Information Network

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