28-32 Ben Franklin Road

Old Lyme, CT 06371

$2,495,000
Price
3,833,280 / 88
Lot Size / Acres

Description

Once in a lifetime opportunity to own 87 acres of pristine land in the charming seaside town of Old Lyme - a popular year round and summer destination. Owned by the Griswold family for generations, this idyllic property offers extensive acreage situated atop a hill providing total privacy set in nature, with the ability to create a family estate that includes scenic walking trails, a stream and ponds - all just minutes away from Long Island Sound and the beach. The land abuts permanent town nature...Once in a lifetime opportunity to own 87 acres of pristine land in the charming seaside town of Old Lyme - a popular year round and summer destination. Owned by the Griswold family for generations, this idyllic property offers extensive acreage situated atop a hill providing total privacy set in nature, with the ability to create a family estate that includes scenic walking trails, a stream and ponds - all just minutes away from Long Island Sound and the beach. The land abuts permanent town nature preserves to the North, and is the only large parcel of land located in such close proximity to the shore on the market in Old Lyme. The property includes two adjoining parcels located at 28 Ben Franklin which consists of 30 acres of raw land and 32 Ben Franklin which has 57.88 acres of land with a 5302 SQ FT home. The home was originally built in 1926 but has been unoccupied for 22 years and will need to be removed or extensively renovated. The land could be developed as well, due diligence required. A very rare offering!
  1. Listed by John Hill • Seabury Hill REALTORS
    P: (203) 675-3942 C: (203) 675-3942 jack@seaburyhill.com

Property Details for 28-32 Ben Franklin Road

Direct Waterfront
No
Location
Suburban
Neighborhood
N/A

Location

Listing Courtesy of Seabury Hill REALTORS, John Hill
Add your commute
LISTING UPDATED: 02/27/2024 07:15 AM

Property Details for 28-32 Ben Franklin Road

StatusActive
MLS #170568798
Days on Market345
Taxes$6,706 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Residential Land
Year Built-
Lot Size88.00 AC
CountyNew London County

Location

Listing Courtesy of Seabury Hill REALTORS, John Hill
Add your commute

Building Information for 28-32 Ben Franklin Road

Lot Size88.00 AC

Payment Calculator

$14,175 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,616

Property Taxes

$559

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 28-32 Ben Franklin Road

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Mile Creek RD to Ben Franklin RD
  • Elementary School: Per Board of Ed
  • Flood Zone: No
  • High School: Per Board of Ed
  • Latitude: 41.305564
  • Longitude: -72.31353
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Special Association Assessment: No
  • Tax Year: July 2023-June 2024
  • Property Tax: $6,706
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Property
Property and Assessments
  • New Construction Type: No/Resale
  • Road Frontage Approximate: 0
  • Road Frontage Description: Private Road
  • SubdividableU: Unknown
  • Bank Owned Property: No
Lot Information
  • Documents Available: None
  • Lot Description: May be Subdividable, Some Wetlands
  • Lot Improvements: Approved Building Lot, Barn(S), None
  • Parcel Number: 1550998
  • Zoning: RU80
Utilities
  • Septic Approval YN: No
  • Septic Plan Available YN: No
  • Sewage System: Septic, None
  • Utilities Available: None/Unknown
  • Water Source: Private Well, None
Multi Family
Income and Expenses
  • Occupied By: Vacant
Building Details
  • Lots Number Of: 2

Schools near 28-32 Ben Franklin Road

This home is within Regional School District 18.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 6
Rating
School
Distance
Mile Creek School
PublicK to 5

Lyme-Old Lyme Middle School
Public6 to 8

Lyme-Old Lyme High School
Public9 to 12

The Children's Tree Montessori School
PrivatePK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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28-32 Ben Franklin Road is a 88 ac of land for sale in Old Lyme, CT 06371. This property was listed for sale on May 23, 2023 by Seabury Hill REALTORS, it's currently listed at $2,495,000. This listing's school district is Regional School District 18. Nearby schools include Mile Creek School, Lyme-Old Lyme Middle School and Lyme-Old Lyme High School. 28-32 Ben Franklin Road is a 0-bed, 0-bath, 88 ac of land on a 3,833,280 sq. ft. / 88 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Seabury Hill REALTORS, John Hill

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.