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283 Melrose StreetNewton, MA 02466

For Sale

$8,999,000

Smart Buyer Rebate $44,995

**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!

Listed by Ward Shifman

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Coldwell Banker Realty - Newton

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617-633-7703

Last updated April 28, 2026

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Source: MLSPin #73506946

Listing Facts

  • TypeMulti-family
  • NeighborhoodAuburndale
  • Days on Prevu6

Amenities

  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

04/24/2026
Listed by Coldwell Banker Realty - Newton
$8,999,000

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

Exterior

Construction

  • Year Built: 2020
  • Year Built Details: Actual

Features

  • Waterfront Features: River, 1/10 To 3/10 To Beach, Beach Ownership(Public)

Measurements

  • Building Area Units: Square Feet
  • Lot Features: Corner Lot, 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 Assessed Value: $2,669,900.00
  • Tax Year: 2025

Interior

Measurements

  • Living Area Source: Other

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 374% above the average price for multi-family homes in Auburndale and has been on the market for 51 less days than the typical home in this area.

283 Melrose Street is a -bedroom multi-family home for sale in Newton MA 02466. Listed on Prevu for 6 days at $8,999,000. This residence is 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. Property 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.