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.
| MLS Listing ID: | 73451393 |
|---|---|
| Listing Price: | $16,500,000 |
| Listing Status: | Active [?] |
| Neighborhood: | Auburndale |
| Property Type: | Multi Family |
| Living Space: | 100 sf. |
| Lot Size: | 1.01 acres (43783 sf.) |
| Parking: | - |
| Taxes: | - |
Listing Current as of November 15, 2025 10:00am
This listing brought to you by Ward Shifman of Coldwell Banker Realty - Newton.
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