Back to Search

Auburndale Village VC2-Zoned Land

283 Melrose St, Newton, MA 02466

View on Map

For Sale

$8,999,000

Rare opportunity for housing and mixed-use development in Newton.

Type:Investment

HighLights

Rare opportunity to acquire VC2‑zoned land in Auburndale Village, designed for housing and mixed‑use density.
Approximately 43,783 sq ft of land, steps to village shops and a short distance to the Commuter Rail.
Potential to sub‑divide the lot and build multiple buildings up to 4 stories.
Clear title, marketable insurance, and free of liens and encumbrances guaranteed.
Stalking Horse bidder receives overbid protection of up to 5%.
Sale authorized by bankruptcy court with Trustee deed.

We can help!

Listing Contact

Ward Shifman

Learn more

For Sale

$8,999,000

Rare opportunity for housing and mixed-use development in Newton.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 52
Last Refresh:: Apr 24 at 4:42 pm

Property Features for 283 Melrose St

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 2020

We can help!

Listing Contact

Ward Shifman

Listing agent Ward Shifman License #449509382

Listing office Coldwell Banker Realty - Newton

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty - Newton

HighLights

Rare opportunity to acquire VC2‑zoned land in Auburndale Village, designed for housing and mixed‑use density.
Approximately 43,783 sq ft of land, steps to village shops and a short distance to the Commuter Rail.
Potential to sub‑divide the lot and build multiple buildings up to 4 stories.
Clear title, marketable insurance, and free of liens and encumbrances guaranteed.
Stalking Horse bidder receives overbid protection of up to 5%.
Sale authorized by bankruptcy court with Trustee deed.

Overview

This property offers approximately 43,783 square feet of VC2-zoned land located in the heart of Auburndale Village, steps from village shops and a short distance from the Commuter Rail. The newly created VC2 district is designed to encourage housing and mixed-use density in Newton’s village centers. 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. The bike score is 40, indicating it is somewhat bikeable. The walk score is 28, indicating car-dependent surroundings, and the transit score is 22, indicating minimal transit options.

Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

Map
Local Demand

City: Newton
County: Middlesex
State: Massachusetts
Longitude: -71.2490954
Latitude: 42.3468054

Nearby Similar for Sale

$3,916,000

3,927 SF

New Luxury Townhomes in Newton

New construction luxury townhomes with customizable options, completion Spring 2027.

25-27 High Street, Newton, MA 02461

View Details
$6,250,000

14,485 SF

Newton Mixed-Use Development Opportunity

Mixed-use property near transit with development potential in Newton, MA.

823-833 Washington Street, Newton, MA 02460

View Details
$2,700,000

5,000 SF

West Newton Retail Opportunity

Retail asset near West Newton Cinema with redevelopment potential.

1298-1308 Washington Street, Newton, MA 02465

View Details
$2,200,000

4,000 SF

West Newton Retail Asset ForSale

Retail asset in West Newton with street presence and parking.

1286-1294 Washington Street, Newton, MA 02465

View Details
$2,700,000

5,000 SF

West Newton Retail Opportunity

Retail asset near West Newton Cinema with redevelopment potential.

1298-1308 Washington St, Newton, MA 02465

View Details
$740,000

1,738 SF

Auburndale Office Condo For Sale

1,738 SF office condo in the heart of Auburndale.

450 Lexington St #204, Newton, MA 02466

View Details
$799,000

Prime Commercial Condo in Newton

Two-story commercial condo in Newton Centre's vibrant village atmosphere.

21 Pelham St #21, Newton, MA 02459

View Details
$16,500,000

Auburndale Village Redevelopment Opportunity

43,783 sq ft VC2-zoned land near Commuter Rail.

283 Melrose Street, Newton, MA 02466

View Details
$16,500,000

Auburndale Village Redevelopment Opportunity

43,783 sq ft VC2-zoned land for redevelopment in Newton.

283 Melrose Street, Newton, MA 02466

View Details
$999,899

2,466 SF

Charming Newton Corner Two-Family Home

Classic 5 bed, 2 bath two-family in Newton Corner.

16-18 Russell Rd, Newton, MA 02458

View Details
$1,999,000

12,146 SF

Newton Development Opportunity Near Boston

13,543 SF development opportunity in Newton, Massachusetts.

189-191 Adams, Newton, MA 02458

View Details
$1,799,900

2,964 SF

Renovated Two-Family Home in Newton

Chic, renovated two-family home with modern finishes and commuter convenience.

30-32 Oakland Street, Newton, MA 02458

View Details

For sale
Commercial land
MA
Newton
02466
283 Melrose St

What type of property is this?

Commercial land - Rare opportunity for housing and mixed-use development in Newton.

Where is this commercial land located?

The property is located at 283 Melrose St Newton, MA.

What is the asking price?

The asking price for this property is $8,999,000.

What are key features of this property?

This property features: Rare opportunity to acquire VC2‑zoned land in Auburndale Village, designed for housing and mixed‑use density.; Approximately 43,783 sq ft of land, steps to village shops and a short distance to the Commuter Rail.; Potential to sub‑divide the lot and build multiple buildings up to 4 stories.