Watertown Land Development
For Sale
$4,330,000
741 Echo Lake Road, Watertown, CT 06795
Lots and Land For Sale, Watertown, CT
Property SizeContact for details
Lot Size17.29 Acres
Days on Market366
Property Features for 741 Echo Lake Road
General Information
Property type
Land
Property subtype
Other
Zoning
R30
Lot features
Corner Lot, Some Wetlands, Lightly Wooded, Sloping Lot
Elementary school
Per Board of Ed
High school
Watertown
Directions
Rte 8 To Ech lake Road
Standard status
Active
Lot size
17.29 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3165
Utilities
Utilities
Cable Available, Phone Available
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Ghent Realty Advisors
(203) 597-1077
Listed By:
Robert Ghent · License #REB.0790043
(203) 543-2847
Added: Aug 28, 2025
Changed: Aug 23
Last Checked: Aug 28 at 11:06PM
MLS# 24122642
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This is a rare opportunity to acquire and develop 17.29 acres of land located at the intersection of Echo Lake Road and Buckingham Street (Route 262) in Watertown, CT. The property is situated in an R-30 Zone District, enhanced by a Residential/Office Transition Overlay Zone, as per Section 4.4 of the Watertown Zoning Regulations. This overlay zone allows for multifamily dwellings with a density not exceeding 8 units per acre, as specified in Section 4.4 D. 4 of the Watertown Zoning Regulations. Essential infrastructure is available, including public water, public sewer, and high-speed internet, along with access to schools. The site is accessible from the corner of Echo Lake Road and Buckingham Street (CT Route 262). The market presents a limited opportunity for multifamily development, coupled with statewide demand. Site plan approval has been granted for Phase I, consisting of 21 units, according to the site plan.
Key Highlights
- 17.29‑acre land parcel at the corner of Echo Lake Road and Buckingham Street (Ct Rte 262) in Watertown Ct
- Zoned R‑30 with a Residential/Office Transition Overlay (Section 4.4 Watertown Zoning Regulation)
- Overlay zone permits multifamily dwellings at up to 8 units per acre (Sec. 4.4 D. 4 WZR)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
Explore this area
Business Placement
Demographics for 06795, CT
13,873
Population
5,751
Households
2.4
Avg Household Size
47
Median Age
40%
College-Educated
95%
High-School Grad
25.9 sq mi
ZIP Area
536
Density / Sq Mi
$102,800
Median Household Income
$59,443
Median Earnings
$1,301
Median Rent
$331,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 17.29 acres in Watertown, CT, ideal for multifamily development.
Where is this residential land & home lot located?
The property is located at 741 Echo Lake Road Watertown, CT.
What is the asking price?
The asking price for this property is $4,330,000.
What are key features of this property?
This property features: 17.29‑acre land parcel at the corner of Echo Lake Road and Buckingham Street (Ct Rte 262) in Watertown Ct; Zoned R‑30 with a Residential/Office Transition Overlay (Section 4.4 Watertown Zoning Regulation); Overlay zone permits multifamily dwellings at up to 8 units per acre (Sec. 4.4 D. 4 WZR)
