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23 West Street

Norwich, Connecticut 06360

ACTIVE$559,000
Beds
0
Baths
0
SqFt
Acres
9.16
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

Request a private showing and get Matt's read on price, condition, and next steps.

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About This Home

This 9+ acre parcel has some crazy potential! Zoned multi family it can receive approval for over 150 units. Hang on, there is more. A single family home on this lot is currently rented, below market value, by some nice folks. It ain't the Taj but has some neat out buildings and can bring in some income while you are getting your project underway. Incredible potential for a savvy developer to feed off the housing shortage in our area and the new zoning regulations.

Key Facts

City/Town
Norwich
Neighborhood
N/A
Property Type
Land
Days on Market
114 days
Beds
0
Baths
0 baths
Lot Size
9.16 acres
Property Taxes
$113 / Annually

Market Snapshot

The Norwich Market

Land · trailing 12 months

Median Days on Market

97

24 active listings

Median $ / Sq Ft

--

24 active listings

Sale-to-List Ratio

100.0%

25 sales

How this home compares

List Price

$559,000

vs $72,500 median

7.7× the median

Price / Sq Ft

--

Median unavailable

Limited comparable data

Days on Market

114 days

vs 97 days median

17 days longer than median

Based on 24 active and 25 closed sales (trailing 12 mo) of land in Norwich. Source: SmartMLS · As of July 29, 2026.

Location

23 West Street, Norwich, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$3,045

per month

  • Principal & Interest$2,850
  • Property Taxes$9
  • Insurance$186
  • HOA$0

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

Location

City/Town
Norwich
Neighborhood
N/A
County
New London

Residence

Property Type
Land
Subtype
SingleFamilyResidence

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Exterior & Lot

Lot Size
9.16 acres
Zoning
MF
Waterfront Details
Not Applicable
Water Source
Public Water In Street
Sewer
Public Sewer In Street
Flood Zone
No
Lot Description
Lightly WoodedTreedClearedRolling

Listing & Financials

Property Taxes
$113 / Annually
Days on Market
114
MLS #
24163857
MLS Status
Active

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Monica Obuchowski

(860) 334-7614

Signature Properties of N.E.

(860) 447-8839

Co-Listed By

Leo Chomen

Signature Properties of N.E.

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

The IDX display contains information sourced from SmartMLS, Inc. as of 7/29/2026. 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 7/29/2026 at 10:10 AM UTC.