Active
283 Melrose Street
Newton, MA 02466
Residential Income · Active · MLS #73506946
Listing Courtesy of Coldwell Banker Realty - Newton | Ward Shifman
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MLS PIN data
About this home
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 information
Details at a glance
Building
- Style
- 5+ Family - 5+ Units Up/Down
- Year built
- 2020
- Foundation
- Concrete Perimeter
Land & utilities
- Lot size
- 1.01 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- VC2 or MR1
Financial
- Assessment year
- 2025
Listing history
Price and status timeline
- New
$8,250,000 · Apr 24, 2026
- New
$8,250,000 · Apr 24, 2026
- Ter
$16,500,000 · Mar 17, 2026
- Ter
$14,995,000 · Mar 17, 2026
- Ter
$14,995,000 · Mar 17, 2026
- Ter
$16,500,000 · Nov 18, 2025
- Ter
$16,500,000 · Nov 5, 2025
- Ter
$14,995,000 · Nov 5, 2025
Property value estimate
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Comparable sales
Recent properties for context
Recent comparable sales are not available for this property.
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Condition signals
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Local market context
How this home compares in Newton
Active city listing statistics from MLS PIN as of September 6, 2026. Asking prices are not completed-sale values.
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Common questions
About 283 Melrose Street
Can I schedule a private showing?
Yes. Request a tour of 283 Melrose Street and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.