Development Opportunity Near Foxwoods
For Sale
$1,100,000
586-Z Lantern Hill Road, North Stonington, CT 06359
87.77 acres development opportunity near Foxwoods Resort Casino.
Property SizeContact for details
Lot Size87.77 Acres
Days on Market89
Property Features for 586-Z Lantern Hill Road
General Information
Standard status
Active
Lot size
87.77 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$5,013
Amenities
Secluded
Treed
Listing Agency:
RE/MAX One
(860) 444-7362
Listed By:
CHRISTOPHER TORREZ · License #RES. 0042952
Source:
Corcoran
Added: May 13
Changed: Aug 8
Last Checked: Jul 16 at 7:29AM
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 One
Investment Insights
Based on property information with market context.
This exceptional development opportunity features 87.77 acres across two combined parcels in Southeastern Connecticut. The offering includes 576 Lantern Hill Rd, Ledyard (1.9 acres with approximately 464 feet of road frontage) and 586-Z Lantern Hill Rd, North Stonington (85.87 acres). The property presents possibilities for a large residential subdivision, apartment complex, hotel development, mixed-use project, or other commercial/residential ventures. The location is situated minutes from Foxwoods Resort Casino, with convenient access to Mystic, General Dynamics Electric Boat, and Misquamicut State Beach. This assemblage combines privacy, scale, and strategic positioning in one of the area's fastest-growing corridors.
Key Highlights
- Large Acreage: 87.77 acres across two parcels provides substantial space for development.
- Prime Location: Southeastern Connecticut location with convenient access to Foxwoods, Mystic, Electric Boat, and Misquamicut State Beach.
- Development Potential: Suited for residential subdivision, apartment complex, hotel, mixed‑use, or other commercial/residential projects.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Explore this area
Business Placement
Demographics for 06359, CT
5,149
Population
2,272
Households
2.3
Avg Household Size
47
Median Age
41%
College-Educated
96%
High-School Grad
54.2 sq mi
ZIP Area
95
Density / Sq Mi
$115,069
Median Household Income
$52,153
Median Earnings
$1,224
Median Rent
$374,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Land - 87.77 acres development opportunity near Foxwoods Resort Casino.
Where is this land located?
The property is located at 586-Z Lantern Hill Road North Stonington, CT.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Large Acreage: 87.77 acres across two parcels provides substantial space for development.; Prime Location: Southeastern Connecticut location with convenient access to Foxwoods, Mystic, Electric Boat, and Misquamicut State Beach.; Development Potential: Suited for residential subdivision, apartment complex, hotel, mixed‑use, or other commercial/residential projects.
