$450,000
PENDING

188 4 Mile River Rd Old Lyme, CT 06371

Estimated payment $2,414/month

Total Views 20,716
42.43 Acres
$10,606 Price per Acre
1,848,251 Sq Ft Lot

Highlights

  • 42.43 Acre Lot
  • Mile Creek School Rated A
  • Property is near shops

About This Lot

This parcel features over 42 acres of varied terrain and woods, including some wetlands. It would work great as a single, private, estate-sized parcel to enjoy all of natures wonders. Or, the subdivision and development possibilities could be explored to capitalize on today's need for more housing in all it various configurations of single and multi unit residences. The property has good, level access via the dirt road extending from Nicoja Way. There is also the potential to combine this parcel with the adjacent 40 acre parcel to the south.

Listing Agent

Vivian Senft

Coldwell Banker Realty License #RES.0765512 Listed on: 04/11/2023

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $188

Lot Details

  • 42.43 Acre Lot
  • Property is zoned RU80

Location

  • Property is near shops
  • Property is near a bus stop

Schools

  • Lyme-Old Lyme Middle School
  • Lyme-Old Lyme High School

Utilities

  • Well Required
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1552279

Property Details

Property Type

Land

Est. Annual Taxes

$188

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Lots and Land For Sale
  • New Construction: No/Resale
  • Nearby Amenities: Health Club, Lake, Library, Park, Private Rec Facilities, Public Rec Facilities, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Encumbrances Restrictions: Inland-Wetland Restrictions
  • Directions: Address is not GPS friendly for walking the land. Call listing agent.
  • Financing Used: Cash
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None

Interior Features

  • Street Number Modifier: 188

Exterior Features

  • Waterfront Description: Not Applicable
  • Road Frontage Description: Municipal Street
  • Road Frontage Approximate: 425

Utilities

  • Water Source: Well Required
  • Sewer: Septic Required
  • Utilities Available: Electric Available, Cable Available
  • Septic Approval: No
  • Septic Plan Available: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme

Lot Info

  • Acres: 42.43
  • Lot Description: Some Wetlands Treed
  • Lot Improvements: None
  • Lots Number Of: 1
  • Subdividable Ynu: Yes
  • Zoning: RU80
  • Parcel #: 1552279

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 188
  • Total Assessed Value: 11580
  • Mil Rate Total: 16.23

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Lyme-Old Lyme
  • High School: Lyme-Old Lyme

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $188 $11,580 $11,580 $0
2024 $174 $7,130 $7,130 $0
2023 $168 $7,130 $7,130 $0
2022 $168 $7,130 $7,130 $0
2021 $166 $7,130 $7,130 $0
2020 $165 $7,130 $7,130 $0
2019 $160 $7,130 $7,130 $0
2018 $156 $7,130 $7,130 $0
2017 $155 $7,130 $7,130 $0
2016 $82 $3,860 $3,860 $0
2015 $80 $3,860 $3,860 $0
2014 $76 $3,860 $3,860 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $450,000 -- --
Source: SmartMLS

Source: SmartMLS

MLS Number: 170560740

SmartMLS

APN: OLYM-000030-000000-000024