Property Photo: 283 Melrose Street MA 02466

Listing Courtesy of: MLS PIN / Coldwell Banker Realty / Ward Shifman

283 Melrose Street Newton, MA 02466

Active (3 Days)

$8,999,000 ^(USD)

1.01

ACRES

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Description

**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. Stalking Horse bidder will receive overbid protection of up to five (5%) percent. Stalking Horse offers due by May 11, 2026. 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!

MLS #:
73506947

Lot Size
1.01 acres

Type
Land

County
Middlesex County

Listed By

Ward Shifman, Coldwell Banker Realty

Source
MLS PIN
Last checked Apr 27 2026 at 6:47 AM GMT+0000

Bathroom Details

Lot Information

Level
Cleared
Storm Drains

Utility Information

Utilities: Water: Public
Sewer: Public Sewer

School Information

Elementary School: Williams
Middle School: Brown
High School: South

Location

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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Interest rate

Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.

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