Builders/Developers/ Investors Take Notice! A fabulous opportunity awaits on Walnut Hill. Less than a mile from Rt 161, is a 42.62-acre parcel with topo, survey, and feasibility study featuring 13 lots surrounded with 20 acres of open space. Test pit data and soil results are favorable and available to speed along the subdivision process. Preliminary road base of 700ft has been started with road cut on to Walnut Hill Rd. This location is ideal for commuters’ easy access to I-95, Rt 85, and Rt 2. No square foot or design restrictions, allowing for a variety of efficient styled homes. Let's get started, there are so many potential homebuyers in New London County just waiting for new construction. Win with this project!
Under contract
$475,000
57 Walnut Hill Road, East Lyme, CT 06333
--beds
--baths
42.62Acres
Est.:
Unimproved Land
Built in ----
42.62 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 666 days |
- 29 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: November 19, 2025 at 06:32am
Listed by:
THE A TEAM OF WILLIAM PITT SOTHEBY'S INTERNATIONAL REALTY,
Allyson Cotton (860)227-6016,
William Pitt Sotheby's Int'l 860-434-2400
Source: Smart MLS,MLS#: 170590986
Facts & features
Interior
Video & virtual tour
Property
Features
- Frontage length: 276
Lot
- Size: 42.62 Acres
- Features: Split Possible, Suburban
Details
- Parcel number: 1472334
- Zoning: R40
Utilities & green energy
- Sewer: Septic Needed
- Water: Well Required
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: Golf, Park, Public Rec Facilities
HOA
- Has HOA: No
Location
- Region: East Lyme
Financial & listing details
- Tax assessed value: $120,870
- Annual tax amount: $3,386
- Date on market: 2/15/2024
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,843/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/29/2024 | Pending sale | $475,000 |
Source:  Smart MLS #170590986 Report a problem | ||
| 8/13/2023 | Listed for sale | $475,000-5% |
Source: Smart MLS #170590986 Report a problem | ||
| 1/1/2023 | Listing removed | -- |
Source: Smart MLS #170502781 Report a problem | ||
| 6/22/2022 | Listed for sale | $500,000+0% |
Source: Smart MLS #170502781 Report a problem | ||
| 5/14/2022 | Listing removed | -- |
Source:  William Raveis Real Estate, Mortgage & Insurance Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,386 +9.8% | $120,870 +3.2% |
| 2024 | $3,085 +5.9% | $117,090 |
| 2023 | $2,913 +4.4% | $117,090 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,159/mo
Principal & interest
$2336
Property taxes
$657
Home insurance
$166
Climate risks
Neighborhood: 06333
Nearby schools
GreatSchools rating
- 8/10East Lyme Middle SchoolGrades: 5-8Distance: 4.2 mi
- 9/10East Lyme High SchoolGrades: 9-12Distance: 3.1 mi
- 6/10Flanders SchoolGrades: K-4Distance: 3.1 mi
Schools provided by the listing agent
- 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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