
283 Melrose Street Newton — Photo 1 of 18
Recent Drop: $749,000
$8,250,000
283 Melrose Street, Newton, MA 02466
Newton, MA 02466 — Auburndale
Beds
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Baths
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SqFt
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Style
5+ Family - 5+ Units Up/Down
Built
2020
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
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Property History
$8,250,000
Was $8,999,000
Aug 2, 2026
MLS® 73506946
$8,999,000
Apr 24, 2026
MLS® 73506946
$8,250,000
Apr 24, 2026
MLS® 73506948
$8,250,000
Apr 24, 2026
MLS® 73506947
$16,500,000
Apr 24, 2026
MLS® 73487469
$14,995,000
Apr 24, 2026
MLS® 73487468
$14,995,000
Apr 24, 2026
MLS® 73487467
$14,995,000
Apr 24, 2026
MLS® 73451393
$16,500,000
Mar 17, 2026
MLS® 73487469
$14,995,000
Mar 17, 2026
MLS® 73487468
$14,995,000
Mar 17, 2026
MLS® 73487467
$16,500,000
Mar 16, 2026
MLS® 73455948
$16,500,000
Mar 16, 2026
MLS® 73451395
$16,500,000
Nov 18, 2025
MLS® 73455948
$16,500,000
Nov 5, 2025
MLS® 73451395
$14,995,000
Nov 5, 2025
MLS® 73451393
Population
8,679
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$170K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
41.6%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Ward Shifman
Listing Office: Coldwell Banker Realty - Newton
MLS® Number: 73506946
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