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Zoned Residential Development Lot
For Sale
$69,900
Pending

Lots 1B & 1C Portland Street, Watertown, CT 06795

Level, serviced residential land with R12.5 zoning that supports one- or two-family construction.

Property SizeContact for details
Lot Size0.47 Acres
Days on Market69

Property Features for Lots 1B & 1C Portland Street

General Information

Standard status Pending
Lot size 0.47 Acres
Property subtype Land or Vacant Lot
Zoning R12.5

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $46

Amenities

Level Lot
Lightly Wooded
Listing Agency: Great Estates, CT
Listed By: VASCO SILVA
Source: Corcoran
Added: Jun 13 Changed: Aug 8 Last Checked: Aug 8 at 4:11PM

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 Great Estates, CT

Investment Insights

Based on property information with market context.

This offering includes two adjoining residential parcels sold together: Lot 1C and Lot 1B. The lots are described as level and are being marketed as a combined development site. The property is zoned R12.5 and has city water and sewer available on the street.

The configuration provides flexibility for builders and end users interested in one- or two-family construction under the current zoning. The seller notes that some wetlands are present on the property, and prospective buyers should plan to complete their own due diligence regarding site development and permitted uses.

With utilities available at the street and a zoning designation that contemplates residential use, the site may fit developers looking to pursue a permitted build plan and manage on-site constraints associated with wetlands. As noted, buyers should verify all requirements for development, including any restrictions or approvals that may apply to the wetlands on the parcel.

Key Highlights

  • Two adjoining residential lots sold together: Lot 1C (95x100, approx. 0.22 acres) and Lot 1B (100x100, approx. 0.25 acres) for approx. 0.47 acres total
  • Level property with R12.5 zoning that allows one- or two‑family construction
  • City water and sewer available on the street

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Nail Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

161
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Level, serviced residential land with R12.5 zoning that supports one- or two-family construction.
Where is this residential land & home lot located?
The property is located at Lots 1B & 1C Portland Street Watertown, CT.
What is the asking price?
The asking price for this property is $69,900.
What are key features of this property?
This property features: Two adjoining residential lots sold together: Lot 1C (95x100, approx. 0.22 acres) and Lot 1B (100x100, approx. 0.25 acres) for approx. 0.47 acres total; Level property with R12.5 zoning that allows one- or two‑family construction; City water and sewer available on the street
More about this property
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