283 Melrose Street, Newton, MA 02466
283 Melrose Street, Newton, MA 02466
283 Melrose Street, Newton, MA 02466
17
See all 17 photos
$14,995,000
Est. payment /mo
Save
1.01 Acres Lot
Price Dropped by $1.5M

283 Melrose Street Newton, MA 02466

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Stewart Woodward

Stewart Woodward

+1(781) 647-1552

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73487467

Year Built 2020

Tax Year 2025

Lot Size 1.010 Acres

Acres 1.01

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

**Rare By-Right Opportunity** - 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 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. Renderings for marketing purposes only; no representations are made. Inquire with agent regarding Solar Panel lease buyout.

Location

State MA

County Middlesex

Area Auburndale

Zoning VC2 or MR1

Direction Auburn or Comm Ave to Melrose

Exterior

Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University

Waterfront Description River,1/10 to 3/10 To Beach,Beach Ownership(Public)

Garage No

Building

Lot Description Corner Lot, Level

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Schools

Elementary Schools Williams

Middle Schools Brown

High Schools South

Others

Senior Community false

Listed by Coldwell Banker Realty - Newton

NEARBY SCHOOLS & PROPERTIES

Stewart Woodward
Stewart Woodward

Broker | AN 9553048

+1(781) 647-1552 | [email protected]

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Metro West HOME Team at Real Broker MA llc, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

283 Melrose Street

QUICK SEARCH
};