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    Mystic Rd North Stonington, CT 06359

    For Sale
    $1,500,000

    114 Acres Residential Development Land, R-60 Zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 114.26-acre parcel presents a unique opportunity for residential development or a private estate. Located on Mystic Road and Jeremy Hill Road in North Stonington, Connecticut (zip code 06359), this expansive property boasts R-60 zoning, opening possibilities for subdivision or a single, expansive residence. Its convenient location offers easy access to the charming town of Mystic, its renowned attractions, and the scenic Connecticut coastline. The property's proximity to I-95 ensures seamless connectivity to major transportation routes, while the nearby Foxwoods Resort Casino and various golf courses add to its appeal. The land's significant size and desirable location make it an ideal investment for developers seeking a prime residential project or discerning buyers looking to create a private retreat. The property features frontage on both Mystic Road and Jeremy Hill Road, providing excellent accessibility. This is a rare opportunity to acquire a substantial land holding in a highly sought-after area of Connecticut. Serious inquiries only.

    Property Features for 0 Mystic Rd

    General Information

    Property type
    Land
    Lot Size
    4,977,166 SF

    HighLights

    • 114‑acre parcel with frontage on Mystic Road and Jeremy Hill Road, near Mystic, CT.
    • Proximity to I‑95 and Foxwoods Resort Casino.
    • Convenient access to golf courses and beaches.
    • State highway frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    North Stonington
    County
    New London
    State
    Connecticut
    Longitude
    -71.910037427757
    Latitude
    41.440610608058

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    FAQs

    What type of property is this?
    Land - 114 Acres Residential Development Land, R-60 Zoning.
    Where is this land located?
    The property is located at Mystic Rd North Stonington, CT.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 114-acre parcel with frontage on Mystic Road and Jeremy Hill Road, near Mystic, CT.; Proximity to I-95 and Foxwoods Resort Casino.; Convenient access to golf courses and beaches.
    (877) 327-3755
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Mystic Rd North Stonington, CT 06359
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