Pawcatuck Land for Sale

Welcome to Pawcatuck, a picturesque neighborhood nestled in the charming town of Stonington, Connecticut. Known for its rich history and vibrant community spirit, Pawcatuck offers the perfect blend of serene living and convenient access to urban amenities. With its scenic landscapes, friendly atmosphere, and proximity to the beautiful Connecticut coastline, this neighborhood is an ideal place to call home.

Pawcatuck is characterized by its quaint streets lined with historic homes, local shops, and inviting eateries. Residents enjoy leisurely strolls along the Pawcatuck River, where picturesque views and outdoor activities abound. The community is also home to several parks, perfect for family picnics, weekend barbecues, and enjoying the great outdoors. With a strong sense of community, Pawcatuck hosts various events throughout the year, fostering connections among neighbors and celebrating the local culture.

For those considering a move, there are fantastic land opportunities available for sale in Pawcatuck. Whether you envision building your dream home, creating a serene retreat, or investing in a piece of Connecticut’s charm, the available parcels of land offer the perfect canvas to bring your vision to life. The area’s zoning regulations and community support make it an attractive option for developers and homeowners alike.

With its unique blend of natural beauty, community spirit, and real estate potential, Pawcatuck is more than just a neighborhood—it’s a place where dreams can flourish. Come explore all that this delightful corner of Stonington has to offer, and discover why so many are eager to call Pawcatuck home!

Newest Pawcatuck Land for Sale

$3,800,000

24195924 MLS

The 5.24-acre property features the historic Clark Thread Mill building dating to 1899, just south of the first mill building converted in 2016 into 58 apartments known as The Threadmill. Current owners of the property have obtained approvals for another 58 units in the available building, with at least 58 more units indicated by the town as readily approvable on the vacant land. The property comes with State grant money of $4M to $6M to totally rehabilitate the building, State tax credits in the amount of $4.5M, and unlimited Federal tax credits of 20% of post-rehab construction costs, estimated to be another $6M. State tax credits can be available as cash upon completion of the project, while Federal tax credits can be purchased by tax credits investors for cash or rolled into a construction bridge loan.

21 Pawcatuck Ave, Stonington

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