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741 Echo Lake Road

Watertown, Connecticut 06795

ACTIVE$4,330,000
Beds
0
Baths
0
SqFt
Acres
17.29
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

Rare Opportunity to acquire and develop 17.29 Acres of land situated at intersection of Echo Lake Road and Buckingham Street [ Rte 262] in Watertown Ct Property is situated in an R-30 Zone District augmented by application of Residential / Office Transition Overlay Zone { Section 4.4 Watertown Zoning Regulation] Overlay Zone permits Multifamily Dwellings with density not to exceed 8 units Per Acres { Sec. 4.4 D. 4 WZR] Size & Zoning: 17.29 Acres - R-30 Zone + RT Transition Zone Overlay Unit Density: 8 units Per Acre Infrastructure: Public Water - Public Sewer - High Speed Internet - Schools Site Access: Corner of Echo Lake Road & Buckingham Street [ Ct Rte 262] Market Opportunity: Limited Multifamily Development / Together with Statewide Demand Site Plan Approval for Phase I - 21 Units - Per Site Plan

Key Facts

City/Town
Watertown
Neighborhood
N/A
Property Type
Land
Days on Market
332 days
Beds
0
Baths
0 baths
Lot Size
17.29 acres
Property Taxes
$3,165 / Annually

Market Snapshot

The Watertown Market

Land · trailing 12 months

Median Days on Market

144

9 active listings

Median $ / Sq Ft

--

9 active listings

Sale-to-List Ratio

86.5%

4 sales

How this home compares

List Price

$4.33M

vs $160,000 median

27.1× the median

Price / Sq Ft

--

Median unavailable

Limited comparable data

Days on Market

332 days

vs 144 days median

188 days longer than median

Based on 9 active and 4 closed sales (trailing 12 mo) of land in Watertown. Source: SmartMLS · As of July 27, 2026.

Location

741 Echo Lake Road, Watertown, Connecticut

Property + 5 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$23,784

per month

  • Principal & Interest$22,077
  • Property Taxes$264
  • Insurance$1,443
  • HOA$0

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

Location

City/Town
Watertown
Neighborhood
N/A
County
Litchfield

Residence

Property Type
Land
Subtype
SingleFamilyResidence

Schools

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

Exterior & Lot

Lot Size
17.29 acres
Zoning
R30
Waterfront Details
Not Applicable
Water Source
Public Water In Street
Sewer
Public Sewer In Street
Flood Zone
No
Lot Description
Corner LotSome WetlandsLightly WoodedSloping Lot

Listing & Financials

Property Taxes
$3,165 / Annually
Days on Market
332
MLS #
24122642
MLS Status
Active

Similar Properties

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Listed By

Robert Ghent

(203) 543-2847

Ghent Realty Advisors

(203) 597-1077

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 6:35 AM UTC.