1 / 18$8,999,000
Active283 Melrose Street
Newton, MA 02466
Listed by Ward Shifman at Coldwell Banker Realty - Newton
Listing courtesy of Ward Shifman, Coldwell Banker Realty - Newton
About This Property
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.
Property Details
Key Facts
Property Type
Multi Family
Year Built
2020
Lot Size
1.01 ac
Construction
Basement
Full Basement
Financial
MLS #
73506946
Days on Market
30
Sarina Steinmetz
617.610.0207Price History
Listed
Apr 24, 2026
$8,999,000
No price changes recorded.
Explore the Neighborhood
Schools, market data, and local highlights
View Walk Score & Transit Score →Schools Nearby
Newton Public Schools
22 schools · 11:1 student-teacher ratio
Elementary Schools
Middle Schools
High Schools
Ratings from GreatSchools & Niche
Full school details →Listing information provided by MLS Property Information Network, Inc. (MLS PIN). Data last updated May 24, 2026. Information deemed reliable but not guaranteed. © 2026 Steinmetz Real Estate Professionals at William Raveis Real Estate. Equal Housing Opportunity.