Active

283 Melrose Street

Newton, MA 02466

$8,999,000 $37,940/Mo

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Overview

1.01

Acre(Lot)

Description

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.

Property Details

Property Type : Land

Price : $8,999,000

AD Id : 77737933

MLS Id : 73506947

Lot Size : 1.01 Acre(Lot)

County : Middlesex

Map

What's Nearby

Nearby Areas

Features

Heating & Cooling

WaterSource: Public

Lot Information

Lot Description: Level, Cleared, Storm Drains 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: Land Sub Type: Residential

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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ByOwner last updated this listing 06/12/2026 @ 12:37

MLS: 73506947 LISTED BY: Ward Shifman, Coldwell Banker Realty - Newton 617-969-2447 SOURCE: MLS Property Information Network