NOMADEReal Estate

$1,100,000

Active

586-Z Lantern Hill Road

North Stonington, Connecticut, 06359 · New London County

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Sq Ft

MLS # 24175112

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Property Type

Lots and Land For Sale

Lot Size

87.77

Class

Property

About This Property

Exceptional development opportunity featuring 87.77 acres across two combined parcels in a prime Southeastern Connecticut location. This offering includes 576 Lantern Hill Rd, Ledyard (1.9 acres with approximately 464 feet of road frontage) and 586-Z Lantern Hill Rd, North Stonington (85.87 acres), creating endless potential for investors and developers alike. With substantial acreage and strong frontage exposure, this property presents outstanding possibilities for a large residential subdivision, apartment complex, hotel development, mixed-use project, or other commercial/residential ventures. Ideally situated just minutes from Foxwoods Resort Casino, with convenient access to Mystic, General Dynamics Electric Boat, and Misquamicut State Beach, the location offers both accessibility and strong regional appeal. This rare assemblage combines privacy, scale, and strategic positioning in one of the area's fastest-growing corridors. An ideal opportunity for a visionary developer looking to capitalize on the area's continued growth and demand.

Property Details

586-Z Lantern Hill Road, North Stonington Connecticut 06359 — Lots and Land For Sale listed at $1,100,000.

At a Glance

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Bedrooms

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Bathrooms

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Sq Ft

87.77

Lot Size

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Garage

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Year Built

The Details

Property TypeLots and Land For Sale
NeighborhoodNew London
Address586-Z Lantern Hill Road
MLS Number24175112
Lot Size87.77
Water SourceNone

Property Details

Financial

Assessed Value176190
Mil Rate Total28.45
Property Tax5013
Tax YearJuly 2022-June 2023

Location & Community

DirectionsUse GPS or call listing agent. To access 586-Z turn down Hyde Mill Pentway and take a right at the sign. You'll drive down a path that will take you to the cleared space. From there you can head down other paths to explore the rest of the lot.
Elementary SchoolPer Board of Ed
High SchoolPer Board of Ed
LocationSuburban,Rural
NeighborhoodN/A

Other Details

Documents AvailableNone
Lots Number Of2
Parcel Number1535655
ZoningR80

All Photos (26)

Affordability Calculator

$1,100,000

Down Payment$220,000
Loan Amount$880,000
Principal & Interest$5,562/mo
Property Tax$1,100/mo
Insurance$100/mo
Est. Monthly$6,762/mo

Listing Agent

C

Christopher Torrez

RE/MAX One

Contact Christopher Torrez

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Quick Facts

StatusActive
TypeLots and Land For Sale
ClassProperty
MLS #24175112
Last Updated2026-05-14