Lot/land

$495,000

496 New London Road, Salem, CT 06420

--beds

--baths

35.1Acres

Unimproved Land

Built in ----

35.1 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

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. 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.

104 days

217

2

Facts & features

Interior

Interior area

Total structure area: 0

Property

Features

Frontage length: 2235

Lot

Size: 35.1 Acres
Features: Corner Lot, Wetlands, Few Trees, Level, Sloped, Rolling Slope, Lot Staked, Highway Access, Suburban

Details

Parcel number: 1562506
Zoning: RU-A

Utilities & green energy

Sewer: Septic Needed
Water: Well Required
Utilities for property: Electricity Available, Phone Available

Community & HOA

Community

Features: Golf, Lake, Library, Park, Public Rec Facilities, Shopping/Mall

HOA

Has HOA: No

Location

Region: Salem

Financial & listing details

Tax assessed value: $163,600
Annual tax amount: $4,941
Date on market: 12/11/2025
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
12/18/2025	Listed for sale	$495,000-29.2%
Source: Smart MLS #24144272 Report a problem
8/16/2024	Listing removed	$698,900
Source: Smart MLS #170624048 Report a problem
4/28/2024	Listed for sale	$698,900-34.1%
Source: Smart MLS #170624048 Report a problem
3/1/2024	Listing removed	--
Source: Smart MLS #170624048 Report a problem
2/11/2024	Listed for sale	$1,060,000+360.9%
Source: Smart MLS #170624048 Report a problem
2/10/2022	Sold	$230,000-20.7%
Source: Smart MLS #170344564 Report a problem
11/23/2021	Contingent	$289,900
Source: Smart MLS #170344564 Report a problem
10/24/2021	Price change	$289,900-1.7%
Source: Smart MLS #170344564 Report a problem
5/24/2021	Listed for sale	$294,900
Source: Smart MLS #170344564 Report a problem
4/14/2021	Contingent	$294,900
Source: Smart MLS #170344564 Report a problem
10/7/2020	Listed for sale	$294,900
Source: Smart MLS #170344564 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,941 +3.1%	$163,600
2024	$4,793 -15.8%	$163,600 -17.2%
2023	$5,694 +1215%	$197,700 +1216.2%
2022	$433 +45.3%	$15,020 +62.6%
2021	$298	$9,240
2020	$298	$9,240
2019	$298	$9,240
2018	$298	$9,240
2017	$298 +87.4%	$9,240 +84.4%
2016	$159	$5,010
2015	$159	$5,010

Find assessor info on the county website

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Estimated monthly payment

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