17-Acre Development Land
For Sale
$4,330,000
741 Echo Lake Rd, Watertown, CT 06795
Corner development parcel in an R-30 zone with Residential/Office Transition Overlay permitting limited multifamily density.
Property SizeContact for details
Days on Market75
Property Features for 741 Echo Lake Rd
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$6,193
Listing Agency:
Ghent Realty Advisors
(413) 333-7776
Listed By:
Robert Ghent · License #REB.0790043
(203) 543-2847
Source:
Ma-cthomes
Added: Jul 23
Changed: Sep 30
Last Checked: Oct 4 at 6:13AM
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 Ghent Realty Advisors
Investment Insights
Based on property information with market context.
This 17.29-acre development land parcel is located at the corner of Echo Lake Road and Buckingham Street (Ct Rte 262) in Watertown, CT. The property is zoned R-30 with a Residential/Office Transition Overlay Zone under Section 4.4 of the Watertown Zoning Regulations.
The overlay zone permits multifamily dwellings with density not to exceed 8 units per acre. Site infrastructure is listed as public water, public sewer, and high-speed internet, with schools noted as part of the local context.
A state-approval note for Phase I is included with a site plan showing 21 units, described as limited multifamily development aligned with statewide demand. Access is identified as the corner location along Echo Lake Road and Buckingham Street.
The overlay zone permits multifamily dwellings with density not to exceed 8 units per acre. Site infrastructure is listed as public water, public sewer, and high-speed internet, with schools noted as part of the local context.
A state-approval note for Phase I is included with a site plan showing 21 units, described as limited multifamily development aligned with statewide demand. Access is identified as the corner location along Echo Lake Road and Buckingham Street.
Key Highlights
- 17.29‑acre corner parcel at Echo Lake Road and Buckingham Street (Rte 262) in Watertown Ct
- Zoned R‑30 with Residential/Office Transition Overlay; overlay permits multifamily dwellings
- Multifamily density limited to 8 units per acre (per WZR Section 4.4 D.4)
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Current Use
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Corner development parcel in an R-30 zone with Residential/Office Transition Overlay permitting limited multifamily density.
Where is this residential land & home lot located?
The property is located at 741 Echo Lake Rd Watertown, CT.
What is the asking price?
The asking price for this property is $4,330,000.
What are key features of this property?
This property features: 17.29‑acre corner parcel at Echo Lake Road and Buckingham Street (Rte 262) in Watertown Ct; Zoned R‑30 with Residential/Office Transition Overlay; overlay permits multifamily dwellings; Multifamily density limited to 8 units per acre (per WZR Section 4.4 D.4)
