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For Sale property id: 59381285
USD 3,877,000 Mortgage Calculator
USD 3,877,000
Hathaway Road, East Lyme, Connecticut, United States
  • Land Size
    615122.1762048 m²

Description

Approximately 2 hours between NYC and Boston awaits an incredible opportunity to own 152-acres of untouched land on the banks of Lake Pattagansett, a 128-acre freshwater lake. The land features 20-plus acres of water frontage along the lake, which offers aquatic activities such as fishing, boating, and bird watching. Along the property, there are also hiking trails, green pastures, and beautiful stonewalls. This is the perfect location for subdivision and development or perhaps a partial development – keep a piece for yourself for your own private lakefront kingdom! Once known as Kings land, the property was deeded from the King of England to the Soloman Gee family in the late 1600s and has been passed down from generation to generation. Imagine the possibilities in the highly desirable location. Here are just a few examples: Subdivide and build a few Waterfront mansions or several high-end luxury waterfront homes along the lake with access right from Heritage Drive. The Scott Road side of the property has a tremendous amount of road frontage and could accommodate several quick lots or subdivide further into the land for even more lots. Much of the land could also be donated to a conservation easement, which provides valuable tax benefits to landowners.

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William Pitt Sotheby's International Realty
Tony Walstra

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William Pitt Sotheby's International Realty
Tony Walstra

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