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Executive Summary

Exceptional Residential Development Opportunity - 27.27 Acres | Monahan Drive, Montville, CT Rare opportunity to acquire 27.27 acres of prime residential development land in the growing community of Montville, Connecticut. This outstanding property has the groundwork already in place, with subdivision engineering and surveying completed for approximately 40 residential building lots, allowing developers and builders to accelerate the development process. Ideally situated with convenient access to Interstate 395, Routes 32 and 2A, the property is strategically located near Southeastern Connecticut's largest employment centers. Just minutes away are General Dynamics Electric Boat in Groton, a major employer supporting the U.S. Navy's submarine program, and Pfizer, home to one of the region's premier pharmaceutical research and development facilities. Additional nearby economic drivers include Mohegan Sun, Foxwoods Resort Casino, the U.S. Naval Submarine Base New London, Lawrence + Memorial Hospital, and Yale New Haven Health facilities serving the region. Continued employment growth throughout Southeastern Connecticut has created strong demand for new housing, making this an ideal investment opportunity. Whether you're a regional or national builder looking for your next subdivision, or a developer seeking a shovel-ready project in a high-demand market, this property offers tremendous upside with significant pre-development work already completed.
Subdivision & Survey plans available upon request.

Property Facts

Price $1,010,708 CAD
Sale Type Investment
Sale Condition 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 27.27 AC

1 Lot Available

Lot

Price $1,010,708 CAD
Price Per AC $37,063.00 CAD
Lot Size 27.27 AC

Exceptional Residential Development. This outstanding property has the groundwork already in place, with subdivision engineering and surveying completed for approximately 40 residential building lots, allowing accelerated development process.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
  • Listing ID: 41750635

  • Date on Market: 2026-08-14

  • Last Updated:

  • Address: 5 Monahan Drive, Uncasville, CT 06382

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