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    3 Farm Mdw Rd East Lyme, CT 06333

    For Sale
    $155,000

    Residential Land - East Lyme, CT

    Lot size:
    1.66 Acres
    Days on Market:
    248
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 3 Farm Mdw Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R40
    APN
    2583327
    Lot size
    1.66 Acres

    Building Details

    Architectural style
    Other

    William Pitt Sotheby's International Realty [email protected]

    Listing agent Allyson Cotton (860) 434-2400

    Listing date Apr 3, 2025

    MLS# 24084080 Listing URL

    Copyright © 2025 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in East Lyme

    This 1.66-acre residential land is located within an approved 9-lot subdivision. Situated on Farm Meadow Road in East Lyme, CT, the property benefits from a paved road, curbs, and a cul-de-sac. The cleared lot offers farm views and is suitable for building a home with a full walk-out basement. Test pit results and surveys are available. The site utility design has been approved and completed, with installation nearly complete. The subdivision includes two additional open space lots at the entrance. This presents an opportunity for investors, builders, developers, and individuals seeking a building lot.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    East Lyme
    County
    New London
    State
    Connecticut
    Longitude
    -72.2448
    Latitude
    41.3839

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    FAQs

    What type of property is this?
    Land - Approved building lot in a tranquil, nearly complete subdivision.
    Where is this land located?
    The property is located at 3 Farm Mdw Rd East Lyme, CT.
    What is the asking price?
    The asking price for this property is $155,000.
    What are key features of this property?
    This property features: - Approved subdivision with paved road, curbs, and cul-de-sac.; - Cleared lot with test pit results and surveys available.; - Sited for a home with a full walk-out basement.
    (860) 434-2400
    Request Owner's contact information
    3 Farm Mdw Rd East Lyme, CT 06333
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    East Lyme, CT 06333
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3 Farm Mdw Rd East Lyme, CT 06333
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