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93 Island Road

North Stonington, Connecticut 06378

ACTIVE$250,000
Beds
0
Baths
0
SqFt
Acres
0.59
Matt Caiola

Matt Caiola

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MCMATT CAIOLALUXURY PROPERTIES
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Waterfront

About This Home

FULLY APPROVED WATERFRONT BUILD LOT ON BILLINGS LAKE. Skip the guesswork - all approvals needed to build are already in hand (attached to listing). This is a rare, ready-to-go opportunity to build on the shores of beautiful, serene Billings Lake. Set on a private road with gorgeous views of the water, the lot has been cleared and is ready for construction. Zoned seasonal, the property allows up to 6 months of habitation per year - usable non-consecutively, or up to 12 straight months when divided between two calendar years. An ideal setup for a summer lake house, weekend retreat, or getaway investment. Ownership of the land does not convey ownership of the water. Waterfront lots with approvals in place almost never hit the market on Billings Lake - bring your builder and break ground.

Key Facts

City/Town
North Stonington
Neighborhood
Clarks Falls
Property Type
Land
Days on Market
13 days
Beds
0
Baths
0 baths
Lot Size
0.59 acres
Property Taxes
$65 / Annually
HOA Fee
$25 / Monthly

Market Snapshot

The North Stonington Market

Land · trailing 12 months

Median Days on Market

79

6 active listings

Median $ / Sq Ft

--

6 active listings

Sale-to-List Ratio

92.9%

4 sales

How this home compares

List Price

$250,000

vs $472,500 median

47.1% below median

Price / Sq Ft

--

Median unavailable

Limited comparable data

Days on Market

13 days

vs 79 days median

66 days fresher than median

Based on 6 active and 4 closed sales (trailing 12 mo) of land in North Stonington. Source: SmartMLS · As of July 28, 2026.

Location

93 Island Road, North Stonington, Connecticut

Property + 2 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$1,388

per month

  • Principal & Interest$1,275
  • Property Taxes$5
  • Insurance$83
  • HOA$25

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

Location

City/Town
North Stonington
Neighborhood
Clarks Falls
County
New London

Residence

Property Type
Land
Subtype
SingleFamilyResidence

Schools

Elementary
Per Board of Ed
Middle
Per Board of Ed
High
Per Board of Ed

Exterior & Lot

Lot Size
0.59 acres
Zoning
R80
Waterfront
Direct waterfront
Waterfront Details
LakeBeachBeach RightsAssociation RequiredViewSeasonal
Water Source
Private Well
Sewer
Septic Required
Flood Zone
No
Lot Description
Water View

HOA / Association

Fee
$25 / Monthly

Listing & Financials

Property Taxes
$65 / Annually
Days on Market
13
MLS #
24188973
MLS Status
Active
Financing
CHFA,USDA

Similar Properties

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Listed By

Lisa Raiche

(401) 742-4012

Town & Shore Realty

(401) 596-1000

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 6:10 AM UTC.