MLS Number N10234595
- Acreage 17.61
- Zoning Residential
This property is nearly 18 acres and zoned for multi-family residential development (RMF-12), although a wide variety of uses is allowed by right or by special permit, including assisted living, active senior housing, residential counseling, and religious and educational facilities. The undeveloped property is between The Ledges Apartments and Windham Falls Estates senior living community, with access to all utilities. The property was approved for 213 units in 2005 by the owners who are offering the property unapproved or they will take the property through planning and zoning again for a higher sale price. The property value benefits from increased demand for housing by growing local employers, including the nearby submarine base. Visibility from and convenient access to I-95, close to Groton Square and Groton Shopping Centers.
Listed by Gregory F. Walwer of Academic Co-Realty Services
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Est. Mortgage: $/month
Federal 30-year interest rate: 3.94% last updated on 2017-12-21
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