11 months on rocket

28 Ben Franklin Rd, Old Lyme, CT, 06371

$2,495,000

88.00 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential Land
MLS #170568798
Lot Size88.00 Acres
StatusActive

About 28 Ben Franklin Rd

Once in a lifetime opportunity to own 87 acres of pristine land in the charming seaside town of Old Lyme - a popular year round and summer destination. Owned by the Griswold family for generations, this idyllic property offers extensive acreage situated atop a hill providing total privacy set in nature, with the ability to create a family estate that includes scenic walking trails, a stream and ponds - all just minutes away from Long Island Sound and the beach. The land abuts permanent town nature preserves to the North, and is the only large parcel of land located in such close proximity to the shore on the market in Old Lyme. The property includes two adjoining parcels located at 28 Ben Franklin which consists of 30 acres of raw land and 32 Ben Franklin which has 57.88 acres of land with a 5302 SQ FT home. The home was originally built in 1926 but has been unoccupied for 22 years and will need to be removed or extensively renovated. The land could be developed as well, due diligence required. A very rare offering!

Property Details

Property Features

Listing Office:

  • Office Name: Seabury Hill REALTORS
  • Office Phone: (203) 562-1220
  • Listing Agent: John Hill

Virtual/3D Tour

  • Virtual Tour: 28 Ben Franklin Rd

Virtual Tour

Lot Features

Lot Information:

  • Lot: Wetlands
  • Lot Size: 88.00 Acres

Other

Directions Information:

  • Directions: Mile Creek RD to Ben Franklin RD

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,495,000

Tax Information:

  • Annual Amount: $213
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Old Lyme, CT.

Med. Sold Price

$630K

Med. Price/SqFt

$312

# of Sold Homes

9

28 Ben Franklin Rd vs Old Lyme

342 DAYS ON ROCKET

$2,495,000

+$1.8M More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price in Old Lyme, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #170568798

Listing Office:

  • Office Name: Seabury Hill REALTORS
  • Office Phone: (203) 562-1220
  • Listing Agent: John Hill

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: 4/29/2024, 10:25:20 PM 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$213$9,150
2020$212$9,150
2019$210$9,350
2018$205$9,350
2017$203$9,350

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,547

Powered By

Rocket Mortgage

Advertisement

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.

Nearby Schools

school-card-donut-3374714
7
/10
  • Mile Creek School

  • 250 Mile Creek Rd

  • 2.28 miles

  • Public District Grades PK-3

school-card-donut-3374715
7
/10
  • Kathleen E. Goodwin School

  • 80 Old Boston Post Rd

  • 3.61 miles

  • Public District Grades PK-3

school-card-donut-3374716
8
/10
  • Niantic Center School

  • 7 W Main St

  • 6.01 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $103,728. The most common annual income of people living in Old Lyme, CT is between $100k-200k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 28 Ben Franklin Rd

What is the listing price of this property?

The listing price of 28 Ben Franklin Rd property is $2,495,000.

What type of property is this?

The property 28 Ben Franklin Rd is land located in Old Lyme, Connecticut, 06371.

Is this property for sale now?

Active Listing: 28 Ben Franklin Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $213 (source: MLS/based on county public records data).

How much acreage is this property?

The property 28 Ben Franklin Rd is 88.00 acres.
Rocket Homes logo

Interested in 28 Ben Franklin Rd? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesConnecticutNew London CountyOld Lyme0637128 Ben Franklin Rd

This home is located at 28 Ben Franklin Rd in Old Lyme, CT and zip code 06371. This home sits on a 88.00 acre lot. It has been listed on Rocket Homes since May 23, 2023 and is currently priced at $2,495,000.

In March 2024 more than 4 listings in Old Lyme, CT were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 4 were sold below. The number of listings in Old Lyme, CT increased by 22.5% between February 2024 and March 2024.

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

More Resources