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49 Cross Road

Waterford, Connecticut 06385

PENDING$420,000
Beds
0
Baths
0
SqFt
Acres
40.98
Matt Caiola

Matt Caiola

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MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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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

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

Property + 3 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,431

per 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

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

Listed By

Marilyn Lusher

(860) 460-9559

RE/MAX Legends

(860) 451-8000

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.