NOMADEReal Estate

$495,000

Under Contract

496 New London Road

Salem, Connecticut, 06420 · New London County

0

Sq Ft

MLS # 24144272

0

Property Type

Lots and Land For Sale

Lot Size

35.1

Class

Property

About This Property

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.

Property Details

496 New London Road, Salem Connecticut 06420 — Lots and Land For Sale listed at $495,000.

At a Glance

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Bedrooms

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Bathrooms

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Sq Ft

35.1

Lot Size

--

Garage

--

Year Built

The Details

Property TypeLots and Land For Sale
NeighborhoodNew London
Address496 New London Road
MLS Number24144272
Lot Size35.1
Water SourceWell Required

Property Details

Financial

Assessed Value163600
Mil Rate Total29.3
Property Tax4941
Tax YearJuly 2025-June 2026

Location & Community

DirectionsGPS Friendly. Located on the corner of New London Road (Route 85) and Woodchuck Road.
Elementary SchoolSalem
High SchoolEast Lyme
Intermediate SchoolPer Board of Ed
LocationHighway Access,Suburban
Middle Jr High SchoolSalem
Nearby AmenitiesGolf Course,Lake,Library,Park,Public Rec Facilities,Shopping/Mall
NeighborhoodN/A

Other Details

Documents AvailableBuilding Plan,Demographic Data,Environmental Site Assess.,Percolation Test,Photo/Survey,Recorded Site Plan,Zoning Approval,Other
Lots Number Of1
Parcel Number1562506
Septic Approval YN1
Septic Plan Available YN1
ZoningRU-A

Affordability Calculator

$495,000

Down Payment$99,000
Loan Amount$396,000
Principal & Interest$2,503/mo
Property Tax$495/mo
Insurance$100/mo
Est. Monthly$3,098/mo

Listing Agent

R

Ron Bates

Signature Properties of N.E.

Contact Ron Bates

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Quick Facts

StatusUnder Contract
TypeLots and Land For Sale
ClassProperty
MLS #24144272
Last Updated2026-04-28