7 months on rocket

140 Waterford Pkwy S, Waterford, CT, 06385

$8,000,000

328.00 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeBusiness
WaterfrontBrook
ViewTrees/Woods
MLS #170597487
Lot Size328.00 Acres
StatusActive

About 140 Waterford Pkwy S

The former Waterford Airport consisting of 189 acres in the IP-1 zone and 4 separate lots totaling 139 acres in the R-40 zone are offered as a master development opportunity to create a mixed used environment on the 328 acres. with 600 feet of frontage on I-95, the site is directly across from a major retail destination that includes Lowes, Walmart Supercenter, as well as other major national retailers. EB, General Dynamics, Pfizer and the Coast Guard and Navy facilities are just minutes away in New London and Groton. The 328 acres are suitable for commercial, industrial, recreational and residential uses, with the town of Waterford open to an integrated set of uses that are compatible with those allowed by right as well as those allowed by special permit. Property is accessed from Waterford Parkway South which runs parallel to I-95 of exit 81 Cross Road (north and south).

Property Details

Property Features

Listing Office:

  • Office Name: Lyman Real Estate
  • Office Phone: (860) 887-5000
  • Listing Agent: Penny Parker

Exterior Features

Exterior Information:

  • Waterfront: Brook
  • View: Trees/Woods

Lot Features

Lot Information:

  • Lot: Interior Lot, Wetlands, Wooded, Rolling/Hilly, Sloped
  • Lot Size: 328.00 Acres

School Info

Assigned Schools Information:

  • Waterford High School, Public District Grades 9-12
  • Clark Lane Middle School, Public District Grades 6-8
  • Oswegatchie Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: I-95 to Cross Rd. Exit 81, to Waterford Pkwy South. Property at end of Waterford Pkwy South. See signs.

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,000,000

Tax Information:

  • Annual Amount: $27,871
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Waterford, CT.

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Waterford, CT

City

Med. Sold Price

$335K

Med. Price/SqFt

$222

# of Sold Homes

13

140 Waterford Pkwy S vs Waterford

227 DAYS ON ROCKET

$8,000,000

+$7.6M More

KEY TAKEAWAY

This property is $7.6M more than the Median Sold Price in Waterford, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #170597487

Listing Office:

  • Office Name: Lyman Real Estate
  • Office Phone: (860) 887-5000
  • Listing Agent: Penny Parker

IDXCopyright © 2024 Smart MLS. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 6:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$27,871$1,008,340
2020$28,102$1,008,340
2019$28,213$1,008,340
2018$27,649$1,008,340
2017$26,953$997,150

History based on county public records data.

Payment Calculator

$39.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$24K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1981848
6
/10

  • Oswegatchie Elementary School

  • 470 Boston Post Rd

  • 1.58 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1981849
6
/10

  • Clark Lane Middle School

  • 105 Clark Ln

  • 1.61 miles

  • Public District Grades 6-8

High School

school-card-donut-1981850
5
/10

  • Waterford High School

  • 20 Rope Ferry Rd

  • 2.17 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,833. The most common annual income of people living in Waterford, CT is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 140 Waterford Pkwy S

What is the listing price of this property?

The listing price of 140 Waterford Pkwy S property is $8,000,000.

What type of property is this?

The property 140 Waterford Pkwy S is land located in Waterford, Connecticut, 06385.

Is this property for sale now?

Active Listing: 140 Waterford Pkwy S is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 140 Waterford Pkwy S are:
Oswegatchie Elementary School: GreatSchools Rating 6/10
Clark Lane Middle School: GreatSchools Rating 6/10
Waterford High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $27,871 (source: MLS/based on county public records data).

How much acreage is this property?

The property 140 Waterford Pkwy S is 328.00 acres.
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Rocket Homes›Connecticut›New London County›Waterford›06385›140 Waterford Pkwy S

This home is located at 140 Waterford Pkwy S in Waterford, CT and zip code 06385. This home sits on a 328.00 acre lot. It has been listed on Rocket Homes since September 13, 2023 and is currently priced at $8,000,000.

Waterford, CT housing market in March 2024 saw over 4 listings sold above listed price, more than 4 sold at listed price and over 5 sold below. The inventory of homes for sale in Waterford, CT between February 2024 and March 2024 increased by 9.8%.

From Rocket Homes Real Estate and based on county public records data.

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