$475,000
PENDING

57 Walnut Hill Rd East Lyme, CT 06333

Estimated payment $2,882/month

Total Views 20,399
43 Acres
$11,145 Price per Acre
1,856,527 Sq Ft Lot

Highlights

  • 42.62 Acre Lot
  • East Lyme Middle School Rated A-
  • Property is near a golf course

About This Lot

Builders/Developers/ Investors Take Notice! A fabulous opportunity awaits on Walnut Hill. Less than a mile from Rt 161, is a 42.62-acre parcel with topo, survey, and feasibility study featuring 13 lots surrounded with 20 acres of open space. Test pit data and soil results are favorable and available to speed along the subdivision process. Preliminary road base of 700ft has been started with road cut on to Walnut Hill Rd. This location is ideal for commuters’ easy access to I-95, Rt 85, and Rt 2. No square foot or design restrictions, allowing for a variety of efficient styled homes. Let's get started, there are so many potential homebuyers in New London County just waiting for new construction. Win with this project!

Listing Agent

Allyson Cotton

William Pitt Sotheby's Int'l License #REB.0793689 Listed on: 08/13/2023

William Pitt Sotheby's Int'l

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,386

Lot Details

  • 42.62 Acre Lot
  • 13 Lots in the community
  • Property is zoned R40

Schools

  • East Lyme High School

Additional Features

  • Property is near a golf course
  • Well Required

Listing and Financial Details

  • Assessor Parcel Number 1472334

Property Details

Property Type

Land

Est. Annual Taxes

$3,386

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Lots and Land For Sale
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Park, Public Rec Facilities
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: Rt 161 to Walnut Hill, look for sign
  • Financing Used: Cash
  • Spec Assoc Asses: No
  • Street Type: Road
  • Special Features: None

Interior Features

  • Street Number Modifier: 57

Exterior Features

  • Waterfront Description: Not Applicable
  • Road Frontage Description: Municipal Street, Paved Road
  • Road Frontage Approximate: 276

Utilities

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

Schools

  • Elementary School: Per Board of Ed
  • High School: East Lyme

Lot Info

  • Acres: 42.62
  • Lot Description: May be Subdividable
  • Lot Improvements: None
  • Lots Number Of: 13
  • Subdividable Ynu: Yes
  • Zoning: R40
  • Parcel #: 1472334

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 3386
  • Total Assessed Value: 120870
  • Mil Rate Total: 28.01

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: East Lyme

Map

Range of Values:

Collateral Analytics

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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 $3,386 $120,870 $120,870 $0
2024 $3,085 $117,090 $117,090 $0
2023 $2,913 $117,090 $117,090 $0
2022 $2,791 $117,090 $117,090 $0
2021 $3,058 $107,250 $107,250 $0
2020 $3,042 $107,250 $107,250 $0
2019 $3,023 $107,250 $107,250 $0
2018 $2,933 $107,250 $107,250 $0
2017 $2,806 $107,250 $107,250 $0
2016 $2,332 $91,970 $91,970 $0
2015 $2,395 $96,940 $96,940 $0
2014 $2,329 $96,940 $96,940 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $475,000 0.0% --
02/13/2024 02/13/24 Off Market $475,000 -- --
08/13/2023 08/13/23 For Sale $475,000 -- --
Source: SmartMLS

Source: SmartMLS

MLS Number: 170590986

SmartMLS

APN: ELYM-004800-056001