**Rare By-Right Opportunity** – 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 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. Renderings for marketing purposes only; no representations are made. Inquire with agent regarding Solar Panel lease buyout.
- Basement:
- Full
- Parking:
- Paved Drive
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- Draft offers with the price & specific terms you require (looser terms =better price, etc.), Tax estimate not available at this time, inquire with town assessor., First floor toilet and upstairs toilet need minor repairs. Seller requesting a 30 day use and occupancy after the sale of the condo. Condo has flood insurance.
- Garage Parking
- Lead Paint:
- Unknown
- Area:
- Auburndale
- Grade School:
- Williams
- High School:
- South
- Middle School:
- Brown
- Market Time:
- 143
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $149,950
- Zoning:
- MR2/VC2
- Orig Price:
- $16,500,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Price Changed
- City:
- Newton
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 02466
- Longitude:
- W72° 45' 2.8''
- Latitude:
- N42° 20' 48.7''
Residential Income
283 Melrose Street, Newton, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $14,995,000
- Full Bathrooms :
- 0
- Square Footage :
- 100 Sqft
- Year Built :
- 2020
- Lot Area :
- 1.01 Acre
- Listing ID :
- 73451393
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com