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.
— MLSPIN #: 73451393Map of 283 Melrose Street, Newton, MA 02466
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| List Price: | $16,500,000 |
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| Status: | Active |
| MLS ID: | 73451393 |
| Town: | Newton |
| Neighborhood: | Auburndale |
| County: | Middlesex |
| Zip: | 02466 |
| Property Type: | Residential Income |
| Property Sub Type: | 5+ Family - 5+ Units Up/Down |
| Bedrooms: | 0 |
| Living Area: | 100 sqft |
| Acres: | 1.01 |
| Lot Features: | Corner Lot, Easements, Zero Lot Line, Level |
| Parking Features: | Paved Drive |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 2020 |
| Directions: | Auburn Street to Melrose |
| Foundation Details: | Concrete Perimeter, Stone |
| Listing Contract Date: | 2025-11-05 |
| Lot Size Area: | 1.01 |
| Lot Size Square Feet: | 43,783 |
| Bathrooms Total Integer: | 0 |
| Basement: | true |
| Basement: | Full |
| Building Area Source: | Public Records |
| Building Area Total: | 100 |
| Community Features: | Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University |
| Levels: | 0 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Open Parking?: | Yes |
| Parcel Number: | 690440 |
| Sewer: | Public Sewer |
| Waterfront Features: | River, 3/10 to 1/2 Mile To Beach |
| Zoning: | MR2/VC2 |
| Elementary School: | Williams |
| High School: | South |
| Middle Or Junior School: | Brown |
| Year Built Source: | Public Records |
| Disclosures: | Buyer to perform its own due diligence regarding zoning, subdivision feasibility, dimensional standards, permitting, & all municipal approvals. Active Chapter 11 case. Sale subject to Bankruptcy Court approval & procedures (including higher/better offers). Closing subject to court scheduling. |
| Farm Land Area Units: | Square Feet |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | No |
| Disclosure: | No |
| Dpr Flag: | No |
| Lead Paint: | Unknown |
| Lease 1: | No |
| Lease 2: | No |
| Listing Alert: | No |
| List Price Per Sqft: | $165,000.00 |
| Page: | 0 |
| Price Per Sqft: | $165,000.00 |
| Square Feet Disclosures: | Two vacant buildings |
| Square Feet Incl Base: | Yes |
| Original List Price: | $16,500,000 |
| Tax Year: | 2025 |
| Year Built Details: | Under Construction, Unknown/Mixed |
| Waterview Flag: | No |
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on December 14, 2025 06:38 PM
Property Last Updated: November 09, 2025 04:05 AM
Listing Courtesy of: Coldwell Banker Realty - Newton
Listing Agent: Ward Shifman
