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For Sale

283 Melrose Street, Newton MA 02466

Newton, MA 02466

$8.25M
· 1.01 ac · Built 2020
The residence

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.

At a glance
Property type
Commercial Sale
Status
Active
Year built
2020
Lot size
1.01 acres
MLS#
cc467c09abc550d1f6dea6d9fd965a4a
Beds · Baths
0 · 0
Location

Newton, MA.

Newton is a collection of villages rather than a single centre — Chestnut Hill, Waban, Newton Centre — each with its own shopfronts and station. Broad lots, mature planting and Shingle Style architecture define the streets.

Estimated Monthly Payment+
$40K/mo
Approximate · principal & interest only
Display Currency
$8.25M

Indicative conversion — settlement always in USD.

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Listing courtesy of Coldwell Banker Realty - Newton · MLSPIN

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Listings updated Oct 24, 2026

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