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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.
Subdivision & Survey plans available upon request.
Property Facts
| Price | $1,010,708 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | 1031 Exchange | Total Lot Size | 27.27 AC |
| No. Lots | 1 |
| 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 | Lot Size | 27.27 AC |
| Price Per AC | $37,063.00 CAD |
| 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.
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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5 Monahan Drive
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