305 South Street
Plymouth, Connecticut 06782
Reduced from $664,900
- Beds
- 0
- Baths
- 1 | 1
- SqFt
- 4,041
- Acres
- 0.45
- Year Built
- 1947
- Neighborhood
- Lake Plymouth
- Property Type
- Single Family
Matt Caiola
Luxury Real Estate Advisor
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About This Home
Exceptional redevelopment opportunity at 305 South Street in Plymouth, CT, directly across from beautiful Plymouth Lake. First time this property has been available since 1996. Currently operating as an upholstery shop, this versatile commercial property offers tremendous potential for investors, entrepreneurs, or owner occupants seeking a prime location with future upside. Plans were previously approved by the town to convert the upper level into residential living space while maintaining commercial use below, creating an exciting opportunity for possible single family, multifamily, or mixed use redevelopment. Buyers to perform their own due diligence regarding approvals, zoning, permits, intended future use, and potential benefits under Connecticut Public Act 25-164 encouraging adaptive reuse opportunities for qualifying properties. Property includes lake rights to Plymouth Lake, adding rare recreational appeal and increased desirability. Ideal for live/work space, income potential, retail, office, cafe, boutique shop, office conversion, and more. Rare opportunity in a highly visible and desirable location.
Key Facts
- City/Town
- Plymouth
- Neighborhood
- Lake Plymouth
- Property / Style
- Single Family · Other
- Year Built
- 1947
- Days on Market
- 90 days
- Beds
- 0
- Baths
- 1 full · 1 half
- Living Area
- 4,041 sq ft
- Lot Size
- 0.45 acres
- Garage / Parking
- 2 garage
- Property Taxes
- $5,446 / Annually
Market Snapshot
The Plymouth Market
Single Family · trailing 12 months
Active Listings
18
27 under contract
Median List Price
$520,000
18 active listings
Median Closed Price
$350,000
116 sales
Median Days on Market
33
18 active listings
Median $ / Sq Ft
$217
18 active listings
Sale-to-List Ratio
100.7%
116 sales
How this home compares
List Price
$549,900
vs $520,000 median
5.8% above median
Price / Sq Ft
$136
vs $217 median
37.3% below median
Days on Market
90 days
vs 33 days median
57 days longer than median
Based on 18 active and 116 closed sales (trailing 12 mo) of single family in Plymouth. Source: SmartMLS · As of July 29, 2026.
Location
305 South Street, Plymouth, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$2,804
- Property Taxes$454
- Insurance$183
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Plymouth
- Neighborhood
- Lake Plymouth
- County
- Litchfield
Residence
- Property Type
- Single Family
- Style
- Other
- Year Built
- 1947
- New Construction
- No/Resale
- Living Area
- 4,041 sq ft
- Below Grade
- 1,841 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Terryville
Interior
- Heating
- Hot Air
- Heat Fuel
- Oil
- Cooling
- Wall UnitWindow Unit
- Fireplaces
- 2
- Appliances
- None
- Basement
- FullFull With Walk-Out
Exterior & Lot
- Lot Size
- 0.45 acres
- Zoning
- RA-2L
- Garage / Parking
- 2 garage spacesUnder House Garage
- Waterfront Details
- Walk to WaterViewAccess
- Water Source
- Private Well
- Sewer
- Public Sewer Connected
- Construction
- Vinyl SidingBrick
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Exterior Features
- AwningsDeck
- Lot Description
- Corner LotWater ViewOpen Lot
Listing & Financials
- Property Taxes
- $5,446 / Annually
- Days on Market
- 90
- MLS #
- 24171538
- MLS Status
- Active
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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.