Approved Subdivision: Sun Valley
For Sale
$1,295,000
Pending
1536 & 1564 Monroe Turnpike, Monroe, CT 06468
Approved 8-lot subdivision on 31 acres in Monroe, CT.
Property SizeContact for details
Lot Size31.00 Acres
Days on Market161
Property Features for 1536 & 1564 Monroe Turnpike
General Information
Standard status
Pending
Lot size
31.00 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$113
Amenities
In Subdivision
On Cul-De-Sac
Listing Agency:
RE/MAX Right Choice
(203) 268-1118
Listed By:
MATT NUZIE · License #785614
Source:
Corcoran
Added: Feb 28
Changed: Aug 8
Last Checked: Aug 8 at 6:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Right Choice
Investment Insights
Based on property information with market context.
Sun Valley Glen presents a development opportunity in Monroe, featuring a fully approved 8-lot subdivision on 31 acres. Approximately 14 acres are designated as protected town-owned open space. Each approved lot is a minimum of 1.5 acres and designed to accommodate four-bedroom homes, with several offering walk-out basement potential. Septic feasibility testing indicates no ledge, with documentation available. The subdivision is approved for a 28-foot wide curb-to-curb road to be town maintained upon completion. The layout creates a cohesive neighborhood setting with estate-sized homesites. Located within Monroe's nationally recognized Blue Ribbon School District, the property offers westerly sunset views. This is a turnkey development opportunity for a developer seeking to deliver eight building lots or new homes within a thoughtfully designed neighborhood where demand for quality new construction continues to exceed available inventory. Road cost estimates, perc testing, surveys and additional documents are available.
Key Highlights
- Fully approved 8‑lot subdivision on 31 acres, ready for development.
- Located in Monroe's nationally recognized Blue Ribbon School District.
- Approximately 14 acres designated as protected open space, enhancing privacy.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
Explore this area
Business Placement
Demographics for 06468, CT
18,825
Population
6,573
Households
2.9
Avg Household Size
44
Median Age
58%
College-Educated
97%
High-School Grad
26.1 sq mi
ZIP Area
721
Density / Sq Mi
$156,731
Median Household Income
$71,530
Median Earnings
$1,466
Median Rent
$477,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Approved 8-lot subdivision on 31 acres in Monroe, CT.
Where is this residential land & home lot located?
The property is located at 1536 & 1564 Monroe Turnpike Monroe, CT.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Fully approved 8‑lot subdivision on 31 acres, ready for development.; Located in Monroe's nationally recognized Blue Ribbon School District.; Approximately 14 acres designated as protected open space, enhancing privacy.
