496 New London Rd, Salem, CT 06420

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$400,000
List Price
$495,000
Status
CLOSED
MLS#
24144272
Closing Date
May 29, 2026
Acres
35.10
Neighborhood
N/A

Property Description

Pull permits and start building. Lot 1 496 New London Road on the corner of Woodchuck Road consists of 35.1 acres with approvals in place for 24 units, condominiums. Boundaries marked in field by surveyor, bond in place, and mylars recorded at Salem town hall. Located near several subdivisions featuring some of Salem's largest and most expensive homes. Private setting with rural feel yet minutes to everything. Convenient to Salem 4-corners for gas, restaurants, ice cream, and local shopping. Easy access to Route 11 to Route 2 and Hartford as well as I95 to Groton Subbase, General Dynamics (Electric Boat) facilities, and Pfizer. General Dynamics (EB) has purchased the Crystal Mall and will be hiring 3,000-5,000 engineers and other personnel. The condos will be 7.6 miles (less than 15 minutes) away. Minutes to New London, Waterford, Groton, and Colchester for the shopping, restaurants, and entertainment they offer. Close to Gardner Lake for swimming, boating, and fishing. Convenient to several golf courses, state parks, lakes, stables for boarding your horses and/or riding and much more.

Additional Information

Taxes
$4,941
Lot Size
1,528,956
Sewer
Septic Needed
Water Source
Well Required
Elementary School
Salem
Middle School
Salem
High School
East Lyme

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Ron Bates from Signature Properties of N.E.. (860) 447-8839 (860) 447-8839

Selling Office: William Raveis Real Estate.

The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc.