283 Melrose Street, Newton MA 02466

Newton, MA 02466 • Auburndale
$16,500,000
Est. $83,633/month
1.01
Acres
2022
Year Built
18
Days on Market
Active Listed Nov 18, 2025 • MLS# 73455948 Copied!

About this home

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.

Property Overview

Listing Type
Commercial Sale
Year Built
2022

Facts & Features

Home Facts

Type Commercial Sale
Year Built 2022
Lot Size 1.01 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

Annual Tax 0.00

Interior Features

Flooring:
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Construction & Materials

Year Built: 2022
Structure Type:
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Heating, Cooling & Utilities

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Exterior & Lot

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Parking & Garage

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Location

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Neighborhood

Auburndale

283 Melrose Street, Newton MA 02466

Newton, MA 02466

Walkability

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Schools

School information not available

Monthly Payment Calculator

Monthly Payment
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Loan Amount
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After down payment
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $0
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Nov 18, 2025
$16,500,000
Original listing
Agent: Ward Shifman Office: Coldwell Banker Realty - Newton

Price & Status History

Date Event Price Change
Nov 18, 2025 New Listing Added $16,500,000
Nov 9, 2025 Sold $16,500,000
Nov 9, 2025 Sold $16,500,000

Market Statistics

Days on Market
18 days
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2025 $0

Financial Details

Annual Property Tax
$0
Tax Year 2025

Listing Information

Listing Agent Ward Shifman
Listing Office Coldwell Banker Realty - Newton
Agent MLS ID BB983294
Office MLS ID AN6227
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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283 Melrose Street, Newton MA 02466 - Photo 1 283 Melrose Street, Newton MA 02466 - Photo 2 283 Melrose Street, Newton MA 02466 - Photo 3 283 Melrose Street, Newton MA 02466 - Photo 4 283 Melrose Street, Newton MA 02466 - Photo 5 283 Melrose Street, Newton MA 02466 - Photo 6 283 Melrose Street, Newton MA 02466 - Photo 7 283 Melrose Street, Newton MA 02466 - Photo 8 283 Melrose Street, Newton MA 02466 - Photo 9 283 Melrose Street, Newton MA 02466 - Photo 10 283 Melrose Street, Newton MA 02466 - Photo 11 283 Melrose Street, Newton MA 02466 - Photo 12 283 Melrose Street, Newton MA 02466 - Photo 13 283 Melrose Street, Newton MA 02466 - Photo 14

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