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$2,500,000
Est. payment /mo
70.91 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24102656
Annual Tax Amount $1,930
Lot Size 70.910 Acres
Property Sub-Type Residential Land
Property Description
This potential 70-acre development in Sprague, Connecticut, offers a unique opportunity to build a 96-unit condominium community with two small retail centers in the town's Village Design District. Surrounded by peaceful woodlands and featuring over 3,000 feet of scenic walking trails, the plan includes spacious two- and three-bedroom, handicap-accessible units, a community center with a kitchen, fitness room, and multipurpose spaces, plus walkable infrastructure with 22-foot-wide roads and 5-foot sidewalks. With Phase 1 infrastructure already underway, the site is ideally located just 1.5 miles from Route 395 and within 5 miles of Lisbon Landing, Mohegan Sun Golf Club, and Backus Hospital, offering a convenient 30-minute commute to both UConn and Eastern Connecticut State University-all within the historic charm of Sprague, "the perfect place to live and work in eastern Connecticut." This may also be explored to build single family homes. Buyers should perform their due diligence with the town and their builders.
Location
State CT
County New London
Zoning R-20
Exterior
Utilities Available Electric
Waterfront Description Not Applicable
Building
Lot Description Dry, Cleared
Sewer Other
Water Other
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
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Listed by Stephano Stravoravdis • Real Broker CT, LLC