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283 Melrose StreetNewton, MA 02466

For Sale

$16,500,000

Smart Buyer Rebate $82,500

Set in the heart of Auburndale Village, 283 Melrose Ave 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. More details are available.

Listed by Ward Shifman

·

Coldwell Banker Realty - Newton

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617-633-7703

Last updated November 09, 2025

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Source: MLSPin #73451393

Listing Facts

  • TypeMulti-family
  • NeighborhoodAuburndale
  • Days on Prevu38
  • Size100 sqft
  • Price per sqft$165,000

Amenities

  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

11/05/2025
Listed by Coldwell Banker Realty - Newton
$16,500,000

Property Details for 283 Melrose Street

Association

Amenities

  • 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, Marina, Private School, Public School, T-Station, University

Exterior

Construction

  • Year Built: 2020
  • Year Built Details: Under Construction,Unknown/Mixed

Features

  • Waterfront Features: River, 3/10 To 1/2 Mile To Beach

Measurements

  • Building Area Total: 100
  • Building Area Units: Square Feet
  • Lot Features: Corner Lot, Easements, Zero Lot Line, Level
  • Lot Size Acres: 1.01
  • Lot Size Area: 1
  • Lot Size Square Feet: 43,783
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 690440
  • Tax Year: 2025

Interior

Measurements

  • Living Area: 100
  • Living Area Source: Public Record

Rooms

  • Basement: Full

Parking

Parking

  • Open Parking: Yes
  • Parking Features: Paved Drive

Schools

Elementary School

  • Elementary School: Williams

High School

  • High School: South

Middle or Junior School

  • Middle Or Junior School: Brown

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 283 Melrose Street.

What schools are nearby to 283 Melrose Street?

Nearby schools include the Williams Elementary School, Brown Middle School, and South High School.

How does 283 Melrose Street compare to other multi-family homes in Auburndale?

This multi-family home is listed 768% above the average price for multi-family homes in Auburndale and has been on the market for 19 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 100 sqft.

283 Melrose Street is a -bedroom multi-family home for sale in Newton MA 02466. On Prevu for 38 days at $16,500,000. This home features 100 square feet of living space, located in Auburndale. The median listing price for multi-family homes in this area is $1,599,999. Nearby schools include Williams Elementary School, Brown Middle School, and South High School. Additional amenities include parking and swimming pool. View other multi-family home listings in Newton.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.