Lot 2 Woodchuck Road (address 498 New London Road), an 18.8-acre parcel approved for a single-family residence for which seller was verbally told by surveyor there is possible potential for another 8-12 units. 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), 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.
Coming soon 12/18
$95,000
498 New London Road, Salem, CT 06420
--beds
--baths
18.8Acres
Est.:
Unimproved Land
Built in ----
18.8 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 8 hours |
- 136 |
- 27 |
Zillow last checked: 8 hours ago
Listing updated: 16 hours ago
Listed by:
Ron Bates (860)447-8839,
Signature Properties of NewEng 860-447-8839
Source: Smart MLS,MLS#: 24144273
Facts & features
Interior
Interior area
- Total structure area: 0
Property
Features
- Frontage length: 45
Lot
- Size: 18.8 Acres
- Features: Secluded, Wetlands, Few Trees, 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
- Subdivision: Lot 2 Woodchuck Road
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
Not available
Price history
Price history
Price history is unavailable.
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,993 +3.1% | $99,100 |
| 2024 | $2,904 | $99,100 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$532/mo
Principal & interest
$368
Property taxes
$131
Home insurance
$33
Climate risks
Neighborhood: 06420
Nearby schools
GreatSchools rating
- 5/10Salem Elementary SchoolGrades: PK-8Distance: 3.4 mi
Schools provided by the listing agent
- Elementary: Salem
- High: East Lyme
Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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