$8,250,000
 $44,288 est/mo Sourced by Back At You

283 Melrose Street,Newton, MA 02466

Newton, MA 02466

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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, marketable insurance and free of liens and encumbrances.

Details

MLS #73506946
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2020
Days On Site167
Listing Provided ByColdwell Banker Realty - Newton | Ward Shifman

Features

ZoningVC2 or MR1
Acreage1.01
Golf CourseYes
Water FrontYes

Interior

Rooms Total0
Fireplaces Total0
Fireplace Yes / NoNo

Exterior

Foundation DetailsConcrete Perimeter
Lot FeaturesCorner Lot, Level

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount0
Tax Assessed Value2669900
Tax Year2025

Location

Community FeaturesPublic Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
Senior Community Yes / NoNo

Area Information

StateMA
CountyMiddlesex
CityNewton
Zip Code02466
AreaAuburndale
School DistrictSouth
Elementary SchoolWilliams
High SchoolSouth
Listing VS Median (in 02466)
Price:
$8,250,000
low | high
Med:
$899,000
100% of Average
On site:
167
low | high
Med:
22
100% of Average
Sourced by Back At You

Market Activity 02466

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Learn More About This Property

StateMA
CountyMiddlesex
CityNewton
Zip Code02466
AreaAuburndale
School DistrictSouth
Elementary SchoolWilliams
High SchoolSouth
Listing VS Median (in 02466)
Price:
$8,250,000
low | high
Med:
$899,000
100% of Average
On site:
167
low | high
Med:
22
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $6.187M - $10.312M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
283 Melrose Street Property Photo 1
$8,250,000
283 Melrose Street
Newton, MA 02466
283 Melrose Street Property Photo 1
$8,250,000
283 Melrose Street
Newton, MA 02466
Listing Updated: September 29, 2026 at 7:15:32 AM PDT