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283 Melrose Street, Newton MA 02466

Newton, MA 02466 • Auburndale
$8,999,000
Est. $45,704/month
1.01
Acres
80
Days on Market
Active Listed Apr 24, 2026 • MLS# 73506947 Copied! • Updated May 19, 2026

About this home

Set in the heart of Auburndale Village, this site 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 4 stories with tight setbacks. This is a unique opportunity, don't miss out! **Rare By-Right Opportunity** This is a Broker marketed sale by Trustee and authorized by bankruptcy court. Sale by order and Trustee deed but otherwise as is, where is. Will sell with clear title, marketable insurance and free of liens and encumbrances.

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Property History

Property Timeline

🏠
Listed for Sale
Apr 24, 2026
$8,999,000
Original listing
Agent: Ward Shifman Office: Coldwell Banker Realty - Newton

Tax History

Year Taxes Assessment
2025 $0 $2,669,900

Financial Details

Annual Property Tax
$0
Tax Year 2025
Assessed Value
$2,669,900

Facts & Features

Home Facts

Type Land
Style Residential
Lot Size 1.01 acres

Exterior

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

Utilities

Electric On-site, At Street
Water Public
Sewer Public Sewer
Gas At Street
Other None
Annual Tax 0.00
Assessed Value $2,669,900
Seller Disclosures Buyer To Perform Its Own Due Diligence Regarding Zoning, Subdivision Feasibility, Dimensional Standards, Permitting, & All Municipal Approvals. Active Bankruptcy Case. Sale Subject To Bankruptcy Court Approval & Procedures (including Higher/better Offers). Closing Subject To Court Scheduling.
Possession None
Accepted Financing None
Structure Type []
Documents None
County Middlesex
Total market time (incl. prior listings) 194 days

Property Overview

Property Type
Residential
Listing Type
Land

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level, Cleared, Storm Drains
Road Surface:

Parking & Garage

Parking Features:
School District
Newton School District local
A+
School Safety 2024-25
0.3% Low
0.3% Suspensions 0.7% In-School
5.2% below state avg
E

Elementary Schools

10 schools
Learning Prep School
0.8 mi
Grades 02-12
Fessenden School
1.7 mi
Grades K-09
Dearborn Academy School
2.7 mi
Grades 02-12
Jackson School
2.9 mi
Grades K-06
Newton Country Day School
2.9 mi
Grades 05-12
Mount Alvernia Academy
3.9 mi
Grades PK-06
Campus School at Boston College
4.2 mi
Grades PK-12
Chestnut Hill School
4.5 mi
Grades PK-06
Brimmer + May School
4.7 mi
Grades PK-12
Solomon Schechter Day School
4.7 mi
Grades K-08
M

Middle Schools

4 schools
A+
F.A. Day Middle School
2.0 mi | #11 of 352 | Score: 63.2
Improved 40 spots from last year
+5 above state avg
860 students Diverse
Rising School Diverse Student Body
Grades 06-08
A+
Bigelow Middle School
3.5 mi | #26 of 352 | Score: 60.6
Improved 44 spots from last year
+2.4 above state avg
434 students Diverse
Rising School Diverse Student Body
Grades 06-08
A+
Oak Hill Middle School
3.9 mi | #23 of 352 | Score: 60.8
Improved 14 spots from last year
+2.6 above state avg
649 students Diverse
Diverse Student Body
Grades 06-08
A+
Charles E Brown Middle School
4.0 mi | #2 of 352 | Score: 66.4
Improved 36 spots from last year
+8.2 above state avg
713 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

4 schools
Clearway School
1.4 mi
Grades 06-12
Fusion Academy
3.2 mi
Grades 06-12
A+
Newton North High School
2.1 mi | #7 of 346 | Score: 76.5
Improved 44 spots from last year
+18.3 above state avg
2,096 students Diverse
20 sports • 3,076 athletes
Strong AP Program High Graduation Rate Rising School Career Tech Programs
Grades 09-12
A+
Newton South High School
3.9 mi | #5 of 346 | Score: 77.9
Improved 20 spots from last year
+19.7 above state avg
1,898 students Diverse
20 sports • 2,730 athletes
Strong AP Program High Graduation Rate Rising School Career Tech Programs
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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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

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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Cost $0/mo

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.

Location

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Neighborhood

Auburndale

283 Melrose Street, Newton MA 02466

Newton, MA 02466

Listing Information

Listing Agent Ward Shifman
Listing Office Coldwell Banker Realty - Newton
Office Phone 617-969-2447
Agent MLS ID BB983294
Office MLS ID AN6227
Listing Data Updated May 19, 2026 12:43 PM EDT
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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