283 Melrose St

$16,500,000
Price
Beds
Baths
100 Sq. Ft.
$165,000 / Sq. Ft.
100
Sq. Ft.
$165,000
per Sq. Ft.

Description

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...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.
  1. Listed by Ward Shifman • Coldwell Banker Realty - Newton

Property Details for 283 Melrose Street

Town
Newton
MLS Area
Auburndale
Area
MA-Newton-Auburndale, MA-Newton
Garage Spaces
0
Parking Spaces
.00
LISTING UPDATED: 11/09/2025 04:05 AM

Property Details for 283 Melrose Street

StatusActive
MLS #73451393
Days on Market61
Taxes-
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built2020
CountyMiddlesex County

Location

Listing Courtesy of Coldwell Banker Realty - Newton, Ward Shifman
Add your commute

Building Information for 283 Melrose Street

Stories-Residences-Year Built2020Building Size-Lot Size1.01 AC / 43,783 SF

Payment Calculator

$83,712 per month

30 year fixed, 6.28% Interest

Principal and Interest

$81,532

Property Taxes

$2,180

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 283 Melrose Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Living Area: 100.0
  • SqFt with Basement: Yes
  • Total Units: 0
  • Waterfront: No
  • Water View: No
  • Year Built Details: Under Construction,Unknown/Mixed
  • Year Built Source: Public Records
Location/School
  • Grade School: Williams
  • High School: South
  • Middle School: Brown
Features
Interior Features
  • Basement Features: Full
  • Num of Full Baths: 0
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Integer: 0
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Lot Description: Corner Lot, Easements, Zero Lot Line, Level
  • Waterfront Features: River, 3/10 to 1/2 Mile To Beach
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive
  • Open Parking: Yes
  • Parking Features: Paved Drive
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Buyer to perform its own due diligence regarding zoning,subdivision feasibility,dimensional standards,permitting,& all municipal approvals. Active Chapter 11 case. Sale subject to Bankruptcy Court approval & procedures (including higher/better offers). Closing subject to court scheduling.
Tax Information
  • Tax ID: 690440
  • Assessments: $0
  • Book: 0
  • Tax Year: 2025
  • Zoning: MR2/VC2
Building / Association Information
Living Characteristics
  • Beds Total: 0
  • Total Living Levels: 0
Other Building Characteristics
  • Foundation: Concrete Perimeter, Stone
  • Levels: 0
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 0
  • Lease U1: N
  • Levels U1: 0
Unit 2 Description
  • Floor U2: 0
  • Lease U2: N
  • Levels U2: 0
Rental Info
Rental Info
  • Total Actual Rent: $.00

Property History for 283 Melrose Street

DateEvent & SourcePriceAppreciation
Nov 5, 2025

Listed (Active)

MLS PIN #73451395

$16,500,000
Nov 5, 2025

Listed (Active)

MLS PIN #73451393

$16,500,000
DateEvent & SourcePrice
11/05/2025

Listed (Active)

MLS PIN #73451395

$16,500,000
11/05/2025

Listed (Active)

MLS PIN #73451393

$16,500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 283 Melrose Street

Taxable ValueLand$1,569,200Additions$1,100,700Total$2,669,900
Tax Record2025$26,165 ($2,180 / month)
Home Facts
Baths2Total Finished SqFt20,046 SqFtAbove Grade Finished SqFt20,046 SqFtUnfinished Basement SqFt2,080 SqFtStories2Lot Size43,783 SqFtStyleOffice BuildingYear Built2020ZoningMR1CountyMIDDLESEXAPNNEWT S:41 B:014 L:0010

Schools near 283 Melrose Street

This home is within Newton School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - 3 to 12
Rating
School
Distance
Burr Elementary School
PublicK to 5

F A Day Middle School
Public6 to 8

Newton North High School
Public9 to 12

Learning Prep School
Private3 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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283 Melrose Street is a multi-family home for sale in Newton, MA 02466. This property was listed for sale on November 5, 2025 by Coldwell Banker Realty - Newton, it's currently listed at $16,500,000. This listing's school district is Newton School District. Nearby schools include Burr Elementary School, F A Day Middle School and Newton North High School. 283 Melrose Street is a 0-bed, 0-bath, 100 sqft multi-family home built in 2020.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Realty - Newton, Ward Shifman

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.