496 New London Road, Salem, CT
$ 1,060,000
Property Attributes
  • MLS#170624048
  • TypeLand
  • CountyNEW LONDON
  • CitySalem
  • Zip06420
  • StyleResidential Land
  • Price$ 1,060,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size55 Acres
Data Source:
Smart MLS
Property Description

Two lots with approvals in place. Lot 1 496 New London Road on the corner of Woodchuck Road consists of 35 acres with approvals in place for 24 units, apartments or condominiums (preliminary building plans available) and Lot 2 Woodchuck Road, an 18.8-acre parcel approved for a single-family residence for which seller was verbally told by surveyor there is possible potential for another 8-12 units should buyer decide to seek approvals for same. Boundaries marked in field by surveyor, bond in place, and mylars to be recorded at Salem town hall. Located near several subdivisions featuring some of Salem's largest and most expensive homes. Private setting with rural feel yet minutes to everything. Convenient to Salem 4-corners for gas, restaurants, ice crea, and local shopping. Easy access to Route 11 to Route 2 and Hartford as well as I95 to Groton Subbase, General Dynamics (Electric Boat), and Pfziers. Minutes to New London, Waterford, Groton, and Colchester for the shopping, restaurants, and entertainment they offer. Close to Gardner Lake for swimming, boating, and fishing. Convenient to several golf courses, state parks, lakes, stables for boarding your horses and/or riding and much more.

Elementary School Middle School High School
Salem Elementary School Salem Middle School East Lyme High School
Price History
2/11/2024 Listed $1,060,000

General Features

Zoning RU-A
Neighborhood N/A
County New London
Property SubType Residential Land
Tax Year July 2023-June 2024
Location Highway Access,Suburban
Property Type Lots and Land For Sale
Status Active
Acres 55
Directions GPS Friendly. Located on the corner of New London Road (Route 85) and Woodchuck Road.
High School East Lyme
City Salem
Street Name New London
Elementary School Salem
DOM 14

Interior Features

Utilities Available Electric Available,Phone Available

Exterior Features

Water Source Well Required
Lot Improvements Lot Staked
Lot Description Some Wetlands,Corner Lot,Level Lot,Lightly Wooded,Rolling,Sloping Lot
WaterfrontDescription Not Applicable


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 06420

AVG $1.06M
Data Provided by Inside Real Estate®