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283 Melrose Street, 
Newton, MA 02466

$16,500,000


Bed


Bath


100

Sq Ft


Multi-Family

Active

Listed by

Ward Shifman

617-969-2447

Last updated:

November 9, 2025, 11:41 AM

MLS#

73451393

Source:

MLSPIN

Company Logo

About This Home

283 Melrose Street

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.

Home Facts

Multi-Family

Built in 2020

Price Summary

16,500,000

$165,000 per Sq. Ft.

MLS #:

73451393

Last Updated:

November 9, 2025, 11:41 AM


Rooms & Interior

Interior

Living Area:

100 Sq. Ft.


Structure

Structure

Building Area:

100 Sq. Ft.

Year Built:

2020


Lot

Lot Size (Sq. Ft):

43,783


Finances & Disclosures

Finances

Price:

$16,500,000

Price per Sq. Ft:

$165,000 per Sq. Ft.

283 Melrose Street
Source:MLSPIN
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 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 or leasing 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 or leasing. 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.

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