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Active

283 Melrose Street, Newton MA 02466

$16,500,000

Estimated $101,667.75/month Calculator

Land

Residential

43,783 SqFt (1.01 acres)

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.

This home has been viewed 42 times

Last Checked: November 10th, 2025 at 7:08am (Source: MLS PIN #73451395)

General Information for 283 Melrose Street, Newton MA 02466

Listing ID73451395

Price$16,500,000

Land TypeResidential

Approx AcresApprox. 1.01 acres (43,783 SqFt)

Number of Lots

Approximate Street Frontage

Road Frontage Type

ZoningVC2 or MR1

ElectricAt Street, On-site

GasAt Street

WaterPublic

SewerPublic Sewer

Cultivation AcresNone

Pasture AcresNone

Timber AcresNone

PERC Test

PERC Test DateUnknown

AssociationNo

Association Required

Association Fee$0

Lot FeaturesLevel, Cleared, Storm Drains

WaterfrontNo

Waterfront FeaturesRiver, 1/10 To 3/10 To Beach, Beach Ownership(public)

View

Disclosures for 283 Melrose Street, Newton MA 02466

DEQE/DEP#

Senior CommunityNo

Disclosures

Special Listing Conditions

For Sale By OwnerNo

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Financial Information for 283 Melrose Street, Newton MA 02466

AssociationNo

Association Fee$0

Tax

Tax Year2025

Assessed Value$2,669,900

Contact Information for 283 Melrose Street, Newton MA 02466

Agent

Name: Ward Shifman

Office

Name: Coldwell Banker Realty - Newton

Phone: 617-969-2447

Payment Calculator

, Interest

Property Taxes 0

Principal & Interest 101667.75

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Newton

Ward Shifman

Agent Phone

Office Phone

(617) 969-2447

Text Agent Call Agent Call Office

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EXIT