Exceptional Residential Development Opportunity - 27.27 Acres | Monahan Drive, Montville, CT Rare opportunity to acquire 27.27 acres of prime residential development land in the growing community of Montville, Connecticut. This outstanding property has the groundwork already in place, with subdivision engineering and surveying completed for approximately 40 residential building lots, allowing developers and builders to accelerate the development process. Ideally situated with convenient access to Interstate 395, Routes 32 and 2A, the property is strategically located near Southeastern Connecticut's largest employment centers. Just minutes away are General Dynamics Electric Boat in Groton, a major employer supporting the U.S. Navy's submarine program, and Pfizer, home to one of the region's premier pharmaceutical research and development facilities. Additional nearby economic drivers include Mohegan Sun, Foxwoods Resort Casino, the U.S. Naval Submarine Base New London, Lawrence + Memorial Hospital, and Yale New Haven Health facilities serving the region. Continued employment growth throughout Southeastern Connecticut has created strong demand for new housing, making this an ideal investment opportunity. Whether you're a regional or national builder looking for your next subdivision, or a developer seeking a shovel-ready project in a high-demand market, this property offers tremendous upside with significant pre-development work already completed.
Listing By
Agency Name: William Raveis Real Estate
Agent Name: Santo Gulino
Agency Phone: (860) 3441658
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimated Payment
$ 2,085.16 per month $1,613.54 Principal & Interest $260.17 Property Tax $211.46 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.
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Monahan | MLS# 24195363
This land located at Monahan, Montville, CT 06353 is currently listed for sale with an asking price of $725,000. The property has approximately 27.27 Acres. Search Montville real estate on www.coldwellbankerchoice.com today.