NOT LISTED FOR SALE

397 N Burnham Hwy Lisbon, CT 06351

Estimated Value: $2,273,501

86.7 Acres
$26,223 Price per Acre
3,776,652 Sq Ft Lot

Sale Details

Date Sold: December 23, 2025

Last sale price $2,200,000

Est. 3% increase in value since last sale

Current estimated payment $12,332 / mo

147 Days on Market

About This Lot

As of December 2025

On behalf of K&H Properties LLC, LandVest is pleased to announce the opportunity to purchase an 86-acre active Quarry in Lisbon, CT. This established quarry offers a prime opportunity to acquire a profitable and permitted operation in the high-demand construction stone industry. Boasting over 2 million tons of state approved crushed stone, this quarry is equipped to handle large-scale projects and become a productive aspect of a company's granite quarry opportunities. Minutes from Rt 395, the quarry is easily accessible. Site tours can be scheduled at your convenience.

Last Agent to Sell the Property

Keith Ross

Landvest, Inc Brokerage Phone: (617) 723-1800 License #REB.0789321 Listed on: 01/22/2025

Last Buyer's Agent

Keith Ross

Landvest, Inc Brokerage Phone: (617) 723-1800 License #REB.0789321 Listed on: 01/22/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $627

Lot Details

  • 86.7 Acre Lot
  • Property fronts a state road
  • 3 Lots in the community
  • Property is zoned R60

Utilities

  • Private Company Owned Well
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 1519641

Property Details

Property Type

Land

Est. Annual Taxes

$627

Lot Details

86.7 Acres

Listing Details

  • Property Type: Lots and Land For Sale
  • Remarks Public Addendum: Seller is seeking additional compensation through a negotiated annual royalty payment derived from the product sold from the site.
  • Property Sub Type: Other
  • Direct Waterfront: No
  • Directions: 397 Burnham Highway, Rt 169 on west side. just south of intersection with Phillips Road on east side
  • Financing Used: Conventional Fixed
  • Street Type: Highway
  • Office Attribution Contact: (617) 723-1800
  • Reserve Prospect: No
  • Special Features: None

Exterior Features

  • Waterfront Description: Not Applicable
  • Road Frontage Description: State Road, Paved Road

Utilities

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

Lot Info

  • Acres: 86.7
  • Lot Description: Some Wetlands Lightly Wooded Sloping Lot
  • Flood Zone: No
  • Lot Improvements: None
  • Lots Number Of: 3
  • Subdividable Ynu: Unknown
  • Zoning: R60
  • Parcel #: 1519641

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 627

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2025
Closed on
Dec 22, 2025
Sold by
Bought by
Seller's Agent
Keith Ross
Landvest, Inc
Buyer's Agent
Keith Ross
Landvest, Inc
List Price
$1,750,000
Sold Price
$2,200,000
Premium/Discount to List
$450,000
25.71%
Views
25
Current Estimated Value
$2,273,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,501
Avg. Annual Appreciation
1.96%
Original Mortgage
$750,000
Interest Rate
0.0626%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,200,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $750,000
Closed $634,000
Closed $500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/23/2025 12/23/25 Sold $2,200,000 -2.2% --
06/18/2025 06/18/25 Pending -- -- --
05/13/2025 05/13/25 Price Changed $2,250,000 -8.2% --
04/28/2025 04/28/25 Price Changed $2,450,000 +40.0% --
01/22/2025 01/22/25 For Sale $1,750,000 -- --
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $627 $23,480 $23,480 $0
2024 $597 $23,480 $23,480 $0
2023 $550 $23,480 $23,480 $0
2022 $522 $23,480 $23,480 $0
2021 $336 $14,450 $14,450 $0
2020 $2,979 $14,450 $14,450 $0
2019 $336 $14,450 $14,450 $0
2018 $325 $14,450 $14,450 $0
2017 $325 $14,450 $14,450 $0
2014 $153 $7,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Keith Ross

    Seller's Agent in 2025

    Keith Ross

    Landvest, Inc

    (973) 768-4433

    29 Total Sales

    Keith Ross
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Map

Source: SmartMLS

MLS Number: 24070311

SmartMLS

APN: LISB-000018-000003

Connecticut New London County Lisbon 06351

397 N Burnham Hwy, Lisbon, CT

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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