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Listing IDN10234595
Listing Price$3,800,000
Est. Monthly Payment: $20,399.22See Details
Acres 17.610
StatusActive
CountyNew London
Property TypeLots and Land
Property Sub TypeResidential Land
This property is nearly 18 acres and zoned for multi-family residential development (RMF-12), although a wide variety of uses is allowed by right or by special permit, including assisted living, active senior housing, residential counseling, and religious and educational facilities. The undeveloped property is between The Ledges Apartments and Windham Falls Estates senior living community, with access to all utilities. The property was approved for 213 units in 2005 by the owners who are offering the property unapproved or they will take the property through planning and zoning again for a higher sale price. The property value benefits from increased demand for housing by growing local employers, including the nearby submarine base. Visibility from and convenient access to I-95, close to Groton Square and Groton Shopping Centers.
{"zipcode": "06340", "price": "3800000"}
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Contact - Listing ID N10234595

Real Living Wareck D'Ostilio

47 High Street
New Haven, CT 06510
Phone: (203) 787-7800
Phone Alt: (203) 701-4848
Fax: (203) 787-6886

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Real Estate Solutions for Every Need!

While Wareck D'Ostilio Real Estate has considerable expertise in helping people buy and sell homes, the company and its team members also excel in other areas of the industry. The company has its roots in commercial retail and office brokerage while additionally servicing developers, investors and tenants by locating and filling space. Wareck D'Ostilio Real Estate has exceptional insights into the market. Please give us a call to discuss how we may help find a solution for your needs.
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