Ridgeview Estates presents a rare opportunity to control 135.30 +/- contiguous acres in one of Connecticut's most desirable shoreline communities.
With flexible zoning, multiple access points, engineering surveys and Topol maps, and diversified development potential, the property offers a scalable residential platform suited to regional builders and long-term investors. The multi-phase aspect and diversification in product allow for market evaluation and ability to pivot.
In markets where land supply is constrained, scale and optionality drive value, Ridgeview Estates delivers both.
Parcel Summary
Parcel 1: 275-2 Boston Post Road
• Approximately 73 acres
• Square configuration with no perceived wetland impact relative to
overall site
• Suitable for 2-acre luxury subdivision or Condominium Site Plan
Parcel 2: 5-1 Old Stagecoach Road
• Approximately 63.30 acres
• Includes survey for 4-acre engineered estate lot
• View of ponds with graduating upward slop to ridgeline
• Suitable for workforce/55+/cIuster development under PUD
Total Acreage combined: 135.30+1- acres
Investment Highlights:
* 135.30 +/- contiguous acres in desirable shoreline community of Connecticut
* RU-80 zoning (2-acre zoning for traditional subdivision)
* PUD/Condominium Site Plan offers more development flexibility
* Multiple established access points
* 50-foot-wide ownership of Old Woods Rd and 1/5 ownership of remaining 50-foot-wide road
* Private easement via Lords Meadow
* Engineered Surveys completed
* Electrical utility easement on Old Stagecoach parcel
* Prior Phase 1 environmental review completed
* Phased development optionality (design flexibility, cluster housing configuration, workforce housing integration)
* Property slopes gradually down from the ridgeline to lower ponds stocked with fish.
* Parcels abut Open space preservation
* Scarcity of comparable large-scale tracts in Old Lyme
* Cluster housing will allow for shared wells and septic reducing costs
* Natural resources of topsoil and gravel located on site.
Market Overview - Old Lyme, Connecticut
Old Lyme is a premier Connecticut shoreline community known for:
* Highly rated public school system
* Strong employment opportunities at Electric Boat
* Public Soundview Beach
* Rogers Lake
* Farm to table dining culture
* Strong Arts Community
* Easy access to I-95 and Route 9
* Approximately 2 hours from New York City and Boston