231 Gungywamp Road
Groton, Connecticut 06340
- Beds
- 0
- Baths
- 0
- SqFt
- —
- Acres
- 13.41
- Neighborhood
- Center Groton
- Property Type
- Land
Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
Attention Developers, Builders, Entrepreneurs, and Investors potentially developable land in much sought-after Town of Groton. Discover a one-of-a-kind development opportunity in the heart of Groton, CT, with this expansive 13.41-acre property showcasing a historic A-Frame chapel and community center. Situated within a residential area and zoned RU-20, this property is primed for development, or a creative range of possibilities. Features include an A-Frame chapel and community center spanning over 5000 with accessory buildings covering 20,000 SF. Strategic location: Nestled in a sought-after residential area and close to major employers such as General Dynamics, this site offers convenience and accessibility. Versatile Zoning & Potential: With its RU-20 zoning, the property opens doors to various residential projects. ALSO, this property is the perfect location for a Recreational Facility, Wellness Spa, or a Physical Rehabilitation campus (with town approval) - time to get creative! The owner is willing to do a joint venture or Seller Financing and welcomes creative offers from developers or investors ready to unlock the full potential of this remarkable property.
Key Facts
- City/Town
- Groton
- Neighborhood
- Center Groton
- Property Type
- Land
- Days on Market
- 100 days
- Beds
- 0
- Baths
- 0 baths
- Lot Size
- 13.41 acres
- Property Taxes
- $8,358 / Annually
Market Snapshot
The Groton Market
Land · trailing 12 months
Active Listings
9
5 under contract
Median List Price
$475,000
9 active listings
Median Closed Price
$174,500
6 sales
Median Days on Market
100
9 active listings
Median $ / Sq Ft
--
9 active listings
Sale-to-List Ratio
96.1%
6 sales
How this home compares
List Price
$1.50M
vs $475,000 median
3.2× the median
Price / Sq Ft
--
Median unavailable
Limited comparable data
Days on Market
100 days
vs 100 days median
In line with median
Based on 9 active and 6 closed sales (trailing 12 mo) of land in Groton. Source: SmartMLS · As of July 29, 2026.
Location
231 Gungywamp Road, Groton, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$7,648
- Property Taxes$697
- Insurance$500
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Groton
- Neighborhood
- Center Groton
- County
- New London
Residence
- Property Type
- Land
- Subtype
- SingleFamilyResidence
Schools
- Elementary
- Charles Barnum
- Middle
- Per Board of Ed
- High
- Per Board of Ed
Exterior & Lot
- Lot Size
- 13.41 acres
- Zoning
- RU-20
- Waterfront Details
- Not Applicable
- Water Source
- Public Water In Street
- Sewer
- Other
- Lot Description
- Some WetlandsLightly WoodedTreedSloping Lot
Listing & Financials
- Property Taxes
- $8,358 / Annually
- Days on Market
- 100
- MLS #
- 24167590
- MLS Status
- Active
- Financing
- Owner Financing
Similar Properties
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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.