49 Cross Road
Waterford, Connecticut 06385
- Beds
- 0
- Baths
- 0
- SqFt
- —
- Acres
- 40.98
- Property Type
- Land

Matt Caiola
Luxury Real Estate Advisor
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About This Home
41 Acres on Cross Road, Waterford - Prime Development Opportunity Discover the possibilities with this expansive 41-acre parcel located on Cross Road in Waterford's R-20 zone. With 122 feet of frontage and convenient access to I-95 and Route 1, this property offers an ideal setting for a potential residential subdivision or a private estate. A preliminary survey from 2014 indicates the possibility of up to 10 building lots, subject to town approval. The land's gently rolling topography and wooded surroundings create a natural, scenic backdrop for future homes. Whether you're an investor, developer, or buyer looking to create your own retreat, this rare large parcel in a sought-after location provides both privacy and proximity-just minutes from shopping, schools, beaches, and all that the Waterford-New London area has to offer. Don't miss this exceptional opportunity to shape the next chapter of one of Waterford's most convenient and desirable areas.
Key Facts
- City/Town
- Waterford
- Neighborhood
- N/A
- Property Type
- Land
- Days on Market
- 26 days
- Beds
- 0
- Baths
- 0 baths
- Lot Size
- 40.98 acres
- Property Taxes
- $1,805 / Annually
Market Snapshot
The Waterford Market
Land · trailing 12 months
Active Listings
5
4 under contract
Median List Price
$254,000
5 active listings
Median Closed Price
$130,000
7 sales
Median Days on Market
77
5 active listings
Median $ / Sq Ft
--
5 active listings
Sale-to-List Ratio
95.0%
7 sales
How this home compares
List Price
$420,000
vs $254,000 median
65.4% above median
Price / Sq Ft
--
Median unavailable
Limited comparable data
Days on Market
26 days
vs 77 days median
51 days fresher than median
Based on 5 active and 7 closed sales (trailing 12 mo) of land in Waterford. Source: SmartMLS · As of July 28, 2026.
Location
49 Cross Road, Waterford, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$2,141
- Property Taxes$150
- Insurance$140
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Waterford
- Neighborhood
- N/A
- County
- New London
Residence
- Property Type
- Land
- Subtype
- SingleFamilyResidence
Schools
- Elementary
- Oswegatchie
- High
- Waterford
Exterior & Lot
- Lot Size
- 40.98 acres
- Zoning
- R-20
- Waterfront Details
- Not Applicable
- Water Source
- None
- Sewer
- None
- Flood Zone
- No
- Lot Description
- Rolling
Listing & Financials
- Property Taxes
- $1,805 / Annually
- Days on Market
- 26
- MLS #
- 24188678
- MLS Status
- Under Contract
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 7/28/2026. 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 7/28/2026 at 5:20 AM UTC.