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Residential Development Land
For Sale
$2,000,000

257 Norwich Salem Rd, Lyme, CT 06371

For sale land in Lyme suitable for building a residential compound or homes near local recreation.

Property SizeContact for details
Days on Market45

Property Features for 257 Norwich Salem Rd

General Information

Standard status Active
Property subtype Land
Listing Agency: William Pitt Sotheby's International Realty
Listed By: James Childs · License #RES.0774148
Source: Elliman
Added: Jul 16 Changed: Aug 8 Last Checked: Jul 16 at 6:28PM

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 William Pitt Sotheby's International Realty

Investment Insights

Based on property information with market context.

This listing offers residential development land in Lyme, CT, presented for buyers looking to build a dream compound or develop multiple homes. The property is marketed as a flexible residential lot option for customizing your intended layout.

The public remarks indicate the land is close to the Long Island Sound and the Connecticut River, as well as Fox Hopyard Golf Course, farmers markets, tennis, marinas, and fishing and hunting opportunities. The area is also described as near museums, art galleries, restaurants, and shopping, with access to major transportation and healthcare facilities.

Walkability is noted as limited and the area is described as car-dependent, with bike access rated as somewhat bikeable.

Key Highlights

  • Land in Lyme suitable for building a residential compound or homes
  • Close to Long Island Sound and the Connecticut River
  • Near Fox Hopyard Golf Course and local recreational options

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service

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

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 06371, CT

9,840
Population
5,503
Households
1.8
Avg Household Size
53
Median Age
56%
College-Educated
98%
High-School Grad
54.0 sq mi
ZIP Area
182
Density / Sq Mi
$127,429
Median Household Income
$60,139
Median Earnings
$1,891
Median Rent
$468,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - For sale land in Lyme suitable for building a residential compound or homes near local recreation.
Where is this residential land & home lot located?
The property is located at 257 Norwich Salem Rd Lyme, CT.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Land in Lyme suitable for building a residential compound or homes; Close to Long Island Sound and the Connecticut River; Near Fox Hopyard Golf Course and local recreational options
More about this property
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