$95,000
COMING SOON

498 New London Rd Colchester, CT 06420

Estimated payment $910/month

18.8 Acres
$5,053 Price per Acre
818,928 Sq Ft Lot

About This Lot

Lot 2 Woodchuck Road (address 498 New London Road), an 18.8-acre parcel approved for a single-family residence for which seller was verbally told by surveyor there is possible potential for another 8-12 units. Boundaries marked in field by surveyor, bond in place, and mylars recorded at Salem town hall. Located near several subdivisions featuring some of Salem's largest and most expensive homes. Private setting with rural feel yet minutes to everything. Convenient to Salem 4-corners for gas, restaurants, ice cream, and local shopping. Easy access to Route 11 to Route 2 and Hartford as well as I95 to Groton Subbase, General Dynamics (Electric Boat), and Pfizer. Minutes to New London, Waterford, Groton, and Colchester for the shopping, restaurants, and entertainment they offer. Close to Gardner Lake for swimming, boating, and fishing. Convenient to several golf courses, state parks, lakes, stables for boarding your horses and/or riding and much more.

Listing Agent

Ron Bates

Signature Properties of NewEng Brokerage Phone: (860) 447-8839 License #RES.0037517 Listed on: 12/10/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,941

Lot Details

  • 18.8 Acre Lot
  • Property is zoned RU-A

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Salem Elementary And Middle School
  • East Lyme High School

Utilities

  • Well Required
  • Phone Available

Community Details

  • Lot 2 Woodchuck Road Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1562506

Property Details

Property Type

Land

Est. Annual Taxes

$4,941

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Golf Course, Lake, Library, Park, Public Rec Facilities, Shopping/Mall
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: GPS Friendly. Located on the corner of New London Road (Route 85) and Woodchuck Road.
  • Street Type: Road
  • Office Attribution Contact: (860) 447-8839
  • Reserve Prospect: No
  • Special Features: ComingSoon

Exterior Features

  • Waterfront Description: Not Applicable
  • Road Frontage Description: Municipal Street, Paved Road

Utilities

  • Water Source: Well Required
  • Sewer: Septic Required
  • Utilities Available: Electric Available, Phone Available
  • Septic Approval: Yes
  • Septic Plan Available: Yes

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 18.8
  • Lot Description: Secluded Some Wetlands Lightly Wooded Sloping Lot Rolling
  • Lot Improvements: Lot Staked
  • Lots Number Of: 1
  • Zoning: RU-A
  • Parcel #: 1562506

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 4941

MLS Schools

  • Elementary School: Salem
  • Middle Jr High School: Salem
  • High School: East Lyme

Map

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Source: SmartMLS

MLS Number: 24144273

SmartMLS