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$95,000
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Property Description
Lot 2 Woodchuck Road (address 498 New London Road), an 18.8-acre parcel approved for a single-family residence for which seller was verbally told by surveyor there is possible potential for another 8-12 units. Boundaries marked in field by surveyor, bond in place, and mylars recorded at Salem town hall. Located near several subdivisions featuring some of Salem's largest and most expensive homes. Private setting with rural feel yet minutes to everything. Convenient to Salem 4-corners for gas, restaurants, ice cream, and local shopping. Easy access to Route 11 to Route 2 and Hartford as well as I95 to Groton Subbase, General Dynamics (Electric Boat), and Pfizer. Minutes to New London, Waterford, Groton, and Colchester for the shopping, restaurants, and entertainment they offer. Close to Gardner Lake for swimming, boating, and fishing. Convenient to several golf courses, state parks, lakes, stables for boarding your horses and/or riding and much more.
Full Property Details
Full Property Details for 498 New London Rd
General
- Sold For: $95,000
- Taxes: (July 2025-June 2026)
- Status: Closed
- Type: Land Residential
- Source: SMARTMLS
- MLS ID: 24144273
- Added to Site: 72 day(s) ago
Location
- County: New London
- Subdivision: Lot 2 Woodchuck Road
- Driving Directions: GPS Friendly. Located on the corner of New London Road (Route 85) and Woodchuck Road.
- Total Lots Available: 1
School Information
- Elementary School: Salem
- Middle School: Salem
- Intermediate School: Per Board of Ed
- High School: East Lyme
Utilities
- Sewer: Septic Required
- Water: Well Required
- Utility Description: Electric Available, Phone Available
Lot Features
- Lot Size (Acres): 18.8
- Frontage: Municipal Street, Paved Road
- Frontage Feet: 45
- Land Improvements: Lot Staked
- Zoning: RU-A
- Lot Description: Secluded, Some Wetlands, Lightly Wooded, Sloping Lot, Rolling
Financial Considerations
- Assessment Amount: $163,600
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: Building Plan, Demographic Data, Environmental Site Assess., Percolation Test, Photo/Survey, Recorded Site Plan, Zoning Approval, Other
- Property ID: 1562506
Listed and Sold by Signature Properties of NewEng, Ron Bates
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Schools
Schools serving 498 New London Rd
School District:Salem School District
| Name | Grades | Distance |
|---|---|---|
Salem Elementary School, Salem, CT 200 Hartford Road, Salem, CT 06420 | PK-8 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 498 New London Rd
Date
Details
Price
Change
Source
2/05/2026
Sold
$95,000
—
MLS
12/18/2025
Listed
$95,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
498 New London Road, Salem, CT 06420 (MLS# 24144273) is a Land Residential property that was sold at $95,000 on February 05, 2026. Want to learn more about 498 New London Road? Do you have questions about finding other Land Residential real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

