Monahan, Montville, CT 06353

$725,000
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Active
LOT SIZE 27.270 acres MLS#24195363
STATUSActive PROPERTY TYPELand - Residential

Property Description

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.

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.

Property Features

Property Type: Land - Residential
Lot Size: 27.27 Acres
Taxes: $3,122

Feature Descriptions

Days on Site: 31
Lot: Lightly Wooded, Level Lot
Road Type: None
Sewer: Public Sewer In Street
Utility Features: Cable Available, Electric Available, Gas Available
Water: Private Well
Waterfront: Not Applicable

Local Schools

High School: Montville
Elementary School: Per Board of Ed

Listed By / Shown By

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)

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Estimated Payment

$ 2,085.16 per month $1,613.54 Principal & Interest $260.17 Property Tax $211.46 Homeowner's Insurance

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