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    Groton, CT
    Residential

    Groton, CT Residential Land & Home Lots for Sale

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    Approved Residential Subdivision Opportunity
    Updated: Jan 12
    Approved Residential Subdivision Opportunity

    Briar Hill Road, Groton, CT 06340

    $1,246,000
    15.98 AC lot
    Fully approved 14‑lot residential subdivision, significantly reducing entitlement risk and accelerating development timeline.
    Located in the desirable RU‑20 zoning district, supporting one- and two‑unit dwellings.
    Dedicated open space conveyed to the Town of Groton, offering public walking trails and long‑term preservation.
    Ideally situated near major employment and entertainment hubs (Naval Submarine Base, General Dynamics Electric Boat, Mohegan Sun, Foxwoods).
    Turn‑key, shovel‑ready project with strong market appeal.
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    Buildable Residential Lot
    Updated: Jul 24
    Buildable Residential Lot

    29 Skyline Drive, Groton, CT 06340

    $475,000
    0.38 AC lot
    Buildable lot in Mumford Cove
    Public water service available
    Public sewer available
    Community amenities include beaches, deep‑water docks, lagoon docks, and playground
    Mumford Cove also offers tennis/pickleball courts and biking/walking trails in Haley Farm and Bluff Point
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    Mystic Dream Home Building Opportunity
    Mystic Dream Home Building Opportunity

    68 Mystic Meadow Lane, Groton, CT 06355

    $164,900
    1.79 AC lot

    1.78-acre lot in Mystic, build your dream home!

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Developable Land with Historic Chapel
    Developable Land with Historic Chapel

    231 Gungywamp Rd, Groton, CT 06340

    $1,500,000
    13.41 AC lot

    RU-20 zoned 13.41-acre site with a historic A-Frame chapel and community center totaling over 20,000 SF.

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    Lots and Land For Sale, Groton, CT
    Lots and Land For Sale, Groton, CT

    217 Buddington Road, Groton, CT 06340

    $100,000
    1.78 AC lot

    Residential land & home lots · 1.78 Acres

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    Land/Lot
    Land/Lot

    155 Crystal Lake Rd, Groton, CT 06340

    $1,125,000

    Residential land & home lots

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    Oceanfront Lot in Groton
    Oceanfront Lot in Groton

    50 Boardwalk, Groton, CT 06340

    $1,200,000

    Premium, ready-to-build waterfront lot with approved plans.

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    Land
    Land

    217 Buddington Rd, Groton, CT 06340

    $100,000

    Residential land & home lots

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    Buildable Waterfront-Access Lot
    Buildable Waterfront-Access Lot

    29 Skyline Drive, Groton, CT 06340

    $475,000

    Buildable lot with access to beaches, docks, and community recreation amenities in Mumford Cove.

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    Multi-Family Development Land Available
    Multi-Family Development Land Available

    517-571 Gold Star Hwy, Groton, CT 06340

    $4,050,000

    17+ acres for 270-312 market-rate multi-family units.

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    Land Near Downtown Mystic
    Land Near Downtown Mystic

    3 Fort Hill Road, Groton, CT 06340

    $169,900

    Land with development potential near downtown Mystic.

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    Waterfront Lot with Approved Plans
    Waterfront Lot with Approved Plans

    26 Bakers Cove Lane, Groton, CT 06340

    $349,900
    0.98 AC lot

    Approved waterfront lot ready for building with city utilities.

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    Residential Land in Growing Mystic
    Residential Land in Growing Mystic

    518 Noank-Ledyard Rd, Groton, CT 06355

    $125,000
    0.75 AC lot

    0.75-acre residential plot in Mystic, Connecticut, for custom home.

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 13 Active listings in Groton, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Land with Environmental Studies
    Commercial Land with Environmental Studies

    16-20 Stonington Road, Stonington, CT 06379

    $2,250,000
    7.23 AC lot

    Undeveloped GC-60-zoned parcel with completed Phase 1 and Phase 2 environmental studies.

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    Wooded Residential Development Land
    Wooded Residential Development Land

    76 Dayton Rd, Waterford, CT 06385

    $254,000
    13.00 AC lot

    Private wooded parcel offers an existing entrance and available public water and electricity at the street.

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    Lot & Land
    Lot & Land

    187 Lot 2 Whitehall Avenue, Stonington, CT 06355

    $375,000

    Residential land & home lots

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    Private Wooded 3-Acre Building Lot
    Private Wooded 3-Acre Building Lot

    62 Douglas Lane, Waterford, CT 06385

    $100,000
    3.00 AC lot

    Approved 3-acre lot near highways, ideal for custom home.

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    Groton, CT Residential Land & Home Lots Market Trends and Statistics

    Explore 13 residential land & home lots for sale in Groton, CT, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 1,527,606 square feet of properties for sale, with an estimated market value of $11,080,700.

    Sale prices for home sites in Groton, CT start at $100,000, averaging $852,361, and reaching up to $4,050,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 14
    Commercial land 9
    Industrial land 3
    Waterfront Land 3

    Demographics Overview

    Population 30K
    Population Growth (5Y) -3.0%
    Median Household Income $77,768
    College Educated 27.0%

    High-Yield Neighborhoods for Investment

    Identify Groton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Mystic - 06355 $145K
    Groton - 06340 $981K

    Taxes & Financing

    Tax Rate (average for all types) 2.69%
    Property Tax per SF $42.50 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in New London County

    New Delisted

    Total CRE Inventory on Market (SF)

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