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$ 375,000
Est. payment /mo
Active
0 Bonnie Circle Groton, CT 06340
5.74 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24154350
Annual Tax Amount $2,072
Lot Size 5.740 Acres
Property Sub-Type Residential Land
Property Description
Excellent residential development opportunity in the heart of Groton. This 5.735-acre parcel of undeveloped residential land previously had approvals for a 15-lot subdivision. Possibility for "Cottage Community" or Duplex lots see attached guidelines. Prior subdivision plans are available for review (see attached) Offering a solid starting point for redevelopment potential. Town water and sewer are available at the site (see attached utility map). The land has already been cleared, making it easy to walk and evaluate. Although prior approvals have expired, initial feedback from the Town of Groton suggests the cottage community concept could likely be submitted under current zoning regulations. Attached all documents no other details. Subdivision plans, and zoning information, are available (see attached) for review. Also, there is a possibility for one or two duplex lots as well under the zone without developing the road. Strong location, infrastructure nearby, and prior planning work completed make this a compelling opportunity for builders or investors looking for their next residential project. Buyers should perform their own due diligence. Please contact agent before walking on the property.
Location
State CT
County New London
Zoning R-12
Exterior
Utilities Available Electric Available
Waterfront Description Not Applicable
Building
Lot Description Level Lot
Sewer Public Sewer In Street
Water Public Water In Street
Schools
Elementary Schools Per Board Of Ed
High Schools Fitch Senior
Listed by Dan Contino • eXp Realty
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