Newton, MA 02466,283 Melrose Street
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Newton, MA 02466,283 Melrose Street
Newton, MA 02466,283 Melrose Street
Newton, MA 02466,283 Melrose Street
Newton, MA 02466,283 Melrose Street
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Jill & Co. Realty Group

Jill & Co. Realty Group

+1(603) 893-7430
$ 16,500,000
Est. payment /mo
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283 Melrose Street Newton, MA 02466

1.01 Acres Lot


UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73451395

HOA Y/N false

Tax Year 2025

Lot Size 1.010 Acres

Acres 1.01

Property 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 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.

Location

State MA

County Middlesex

Area Auburndale

Zoning VC2 or MR1

Direction Auburn or Comm Ave to Melrose

Exterior

Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University

Waterfront Description River,1/10 to 3/10 To Beach,Beach Ownership(Public)

Building

Lot Description Level, Cleared, Storm Drains

Sewer Public Sewer

Water Public

Schools

Elementary Schools Williams

Middle Schools Brown

High Schools South

Others

Senior Community false


Listed by Coldwell Banker Realty - Newton
Jill & Co. Realty Group

Jill & Co. Realty Group

Real Estate Team

+1(603) 893-7430

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283 Melrose Street