08/04/2026
283 Melrose Street | Auburndale Village, Newton, MA
Offered at $8,250,000 | 1.01± Acres | 43,783± Sq. Ft. | VC2 Zoning
A rare opportunity to acquire a substantial VC2-zoned development site in the heart of Auburndale Village—steps from local shops, services, and the Auburndale Commuter Rail station.
Encompassing approximately 43,783 square feet, the property offers developers and investors multiple avenues to envision a thoughtfully designed project that complements Auburndale Village while advancing the City of Newton’s goals for additional housing and mixed-use development near public transportation.
The recently established VC2 zoning district may provide a compelling framework for value creation, including the potential to subdivide the property and explore multiple buildings of up to four stories with reduced setbacks. Possible concepts may include residential, mixed-use, or a phased development strategy responsive to neighborhood character and market demand.
Large, strategically located parcels within Newton’s village centers are exceptionally limited. For a developer prepared to evaluate the site’s full potential, 283 Melrose Street represents a timely opportunity to help shape the next chapter of Auburndale Village.
This is a broker-marketed sale by the Trustee in an active bankruptcy case and is subject to Bankruptcy Court approval and applicable sale procedures. The property will be conveyed by Trustee’s deed on an “as is, where is” basis, with clear and marketable title, free of liens and encumbrances.
Prospective buyers must conduct their own due diligence regarding zoning, by-right development potential, subdivision feasibility, dimensional requirements, permitting, municipal approvals, and all proposed uses.
Call Ward Shifman, REALTOR® AT 617-797-2728, or email [email protected]