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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.

More Info

Basic Information

  • Lot Features Corner Lot, Level
  • Mls StatusActive
  • Parcel Number 690440

Tax Information

  • Tax Assessed Value $2,669,900
  • Tax Year 2025

School Information

  • Elementary SchoolWilliams
  • High SchoolNewton
  • High School South
  • Junior HighBrown

Parking

  • Parking Spaces

Basic Information

  • List Price$8,999,000
  • MLS Number73506946
  • Modification Date05/19/2026
  • Property SubType5+ Family - 5+ Units Up/Down

Location

  • Address283 Melrose Street
  • Building Number283
  • CountyMiddlesex
  • NeighborhoodAuburndale
  • StateMA
  • StreetMelrose Street
  • SubdivisionAuburndale
  • TownNewton
  • Zip02466

Building

  • Building Area Units Square Feet
  • FoundationConcrete Perimeter
  • Year Built2020
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage1.01

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Other
  • Lot Size Square Feet 43,783
  • Lot Size Units Acres

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Golf
    • Highway Access
    • House of Worship
    • Medical Facility
    • Park
    • Pool
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Tennis Court(s)
    • University
    • Walk/Jog Trails
  • Other AmenitiesGolf, Tennis

Water Body

  • Miles to Beach0.3
  • Waterfront Features River,1/10 to 3/10 To Beach, Beach Ownership(Public)

Other

  • Date Listed04/24/2026
  • Farm Land Area Units Square Feet
  • View Count7

Map Location

Driving Directions

Listed by Ward Shifman of Coldwell Banker Realty - Newton

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