Listing Agency: T***@themialeteam.com Show Phone

Listed By: Tony Persaud Show Phone

Source: Elliman

Added: Dec 3, 2025 Changed: Aug 15 Last Checked: Aug 26 at 8:49AM

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Investment Insights

Based on property information with market context.

This expansive 240-acre property offers a versatile space suitable for various projects, including a golf course, sportsman's club, winery, or equestrian stables. Its zoning provides flexibility for developers and investors. The location provides convenient access to beaches, casinos, and shopping centers. Major routes I-95 and I-395 are easily accessible, and Boston is less than a 2-hour drive away. This property is located in Montville, CT 06370.

Key Highlights

• Expansive 240‑acre property offering a blank canvas for development.
• Versatile zoning allows for a wide range of projects.
• Prime location minutes from beaches, casinos, and shopping centers.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Restaurant Auto Repair Shop Electrical Service Storage Facility Kitchen & Bath Showroom

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

24

Businesses Nearby

Explore this area Business Placement

Demographics for 06370, CT

7,138

Population

2,799

Households

2.6

Avg Household Size

43

Median Age

32%

College-Educated

94%

High-School Grad

24.0 sq mi

ZIP Area

297

Density / Sq Mi

$100,891

Median Household Income

$49,627

Median Earnings

$964

Median Rent

$304,500

Median Home Value

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Frequently Asked Questions

What type of property is this?

Land - 240-acre property near beaches, casinos, and shopping centers.

Where is this land located?

The property is located at 63 Velgouse Rd Montville, CT.

What is the asking price?

The asking price for this property is $1,700,000.

What are key features of this property?

This property features: Expansive 240‑acre property offering a blank canvas for development.; Versatile zoning allows for a wide range of projects.; Prime location minutes from beaches, casinos, and shopping centers.