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517-571 Gold Star Highway

Groton, Connecticut 06340

PENDING$4,050,000
Beds
0
Baths
0
SqFt
Acres
17.59
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

To Be Built 4 parcels totaling 17+ acres. 270-312 unit Multi-Family development. All Units at Market Rate. None need to be affordable. 270-unit ($15,000/per unit) plan, along with the 312-unit, ($13,000/per unit) plan. Clean environmental to residential standards Additional documents available upon request

Key Facts

City/Town
Groton
Neighborhood
Poquonock Bridge
Property Type
Land
Days on Market
1060 days
Beds
0
Baths
0 baths
Lot Size
17.59 acres
Property Taxes
$18,872 / Annually

Market Snapshot

The Groton Market

Land · trailing 12 months

Median Days on Market

129

9 active listings

Median $ / Sq Ft

--

9 active listings

Sale-to-List Ratio

96.1%

6 sales

How this home compares

List Price

$4.05M

vs $475,000 median

8.5× the median

Price / Sq Ft

--

Median unavailable

Limited comparable data

Days on Market

1060 days

vs 129 days median

931 days longer than median

Based on 9 active and 6 closed sales (trailing 12 mo) of land in Groton. Source: SmartMLS · As of July 27, 2026.

Location

517-571 Gold Star Highway, Groton, Connecticut

Property + 4 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$23,573

per month

  • Principal & Interest$20,650
  • Property Taxes$1,573
  • Insurance$1,350
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Groton
Neighborhood
Poquonock Bridge
County
New London

Residence

Property Type
Land
Subtype
SingleFamilyResidence
New Construction
No/Resale

Schools

Elementary
Per Board of Ed
Middle
Per Board of Ed
High
Per Board of Ed

Exterior & Lot

Lot Size
17.59 acres
Zoning
CR
Waterfront Details
Not Applicable
Water Source
Public Water In Street
Sewer
Public Sewer In Street
Lot Description
DryLevel Lot

Listing & Financials

Property Taxes
$18,872 / Annually
Days on Market
1060
MLS #
170595278
MLS Status
Under Contract

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Listed By

Ron Lyman

Lyman Real Estate

(860) 887-5000

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 7/27/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.

Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.

Data last updated on 7/27/2026 at 8:20 AM UTC.