Back Lot 1/408 Scotland Road
Off Market

Lot 1/408 Scotland Road

Norwich CT 06360

2.14 ac.
Land
Last sold for $95,000
Lisa NeundorfLisa Neundorf, last sold this property on 04 March 2024 after 306 days on market.

Overview

Time to build your dream home on beautiful Scotland Rd! Approved sub-division from the City of Norwich for 7 new building lots, 5 lots left, (lots range from 2 +/- to 8 +/- ). Approximately 2.14 acres in a R-80 zone with 200 ft of stonewall frontage. Rear larger lots border conservation land that backs up to Boggy Meadow Reservoir. Just 7 minutes to I-395, 8 minutes to Backus Hospital, 17 minutes to Mohegan Sun Resort/Arena, 22 minutes to Foxwoods Resort, 30 minutes to Downtown Mystic and the shoreline, 42 minutes to Hartford, 1 hour to Providence RI, 1 hr 30 min to Boston and 2.5 hrs to New York City! Do not walk the land without an appointment. New Construction lenders available and builders. Packages available see MLS #170614147.

Features

2.14 ac. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Norwich over the last 12 months, the estimated median property value of Lot 1/408 Scotland Road is $41.5k.

Median value
$41.5k
Estimated value range
$4.5k - $350k
Median days on market
24
Estimated value trend
-17%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Norwich. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for Lot 1/408 Scotland Road

2024
Sold
$95,000
04 Mar 2024 by Lisa Neundorf, of Castles Condos & Cottages, LLC

Happy sellers in Norwich

92%
92% of sellers in Norwich reported that their sale price either exceeded or met their price expectations.

Norwich stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Norwich over the last 12 months.

Local market activity for land plots in Norwich

In the last 12 months, 22 land plots similar to Lot 1/408 Scotland Road, have been sold.

This represents a 5% increase in land plots sales when compared to the previous 12 months.

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