Rare opportunity to acquire 135.30 +/- contiguous acres in Old Lyme, Connecticut. A multi-phase residential platform. Offers control of scale in a high-barrier shoreline market. Yield flexibility depends on the master plan as subdivision or PUD. 275-2 Boston Post and 5-1 Old Stage Coach Road feature multiple access points. Civil engineering firm has completed a topographical map encompassing the compilation plan of the entire parcel. The same local firm has created a subdivision plan for a separate 4 acre estate lot. This engineered lot with pond views can be accessed through Seller's private easement through Lords Meadow homes selling for $1M+ A phased development strategy reduces risk exposure and opportunity for diversified absorption strategy across price tiers. Old Lyme is water community with access to the LIS, Ct River, and Rogers Lake. Two hours from New York and Boston. Close proximity to main commuting roads, I 95 and route 9. In addition, Old Lyme is known for its deep-rooted artistic history, nearby farms, love of the outdoors whether hiking, kayaking, crew racing, golf, gardening, farming, or relaxing on white sands beach. Documents available: Executive Summary, Offering Memorandum, survey maps, proprietary overlay for traditional subdivision, deeds, easements, and overview of access points available upon request. Thoughtfully phased residential project that can adapt to evolving market demand while enhancing the character of Old Lyme.
Listing By
Agency Name: Berkshire Hathaway NE Prop.
Agency Phone: (203) 245-3100
Agent Name: Heather Clinton
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimated Payment
$ 6,055.72 per month $5,118.80 Principal & Interest $266.08 Property Tax $670.83 Homeowner's InsuranceColdwell BankerĀ® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
5 Old Stagecoach And Boston Post | MLS# 24152611
This land located at 5 Old Stagecoach And Boston Post, Old Lyme, CT 06371 is currently listed for sale with an asking price of $2,300,000. The property has approximately 135.30 Acres. Search Old Lyme real estate on www.coldwellbankerchoice.com today.