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28 & 32 Ben Franklin, Old Lyme, CT 06371
   
28 & 32 Ben Franklin, Old Lyme, CT 06371
88.00 Acres

$2,495,000
313 Days on Market - Active


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!

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Details
  • 88.00 Acres
  • 2 Lot(s)

Additional Details
  • 0ft of Frontage
  • PRITRD
  • SUBURB

Location
  • Some Wetlands

Utilities
  • Private Well, No Water
  • Septic, No Septic/Sewer

Taxes
  • $285,360 Assessment
  • 23.50 Mill Rate
  • $6,706 Taxes

Schools
  • Per Board of Ed Elementary
  • Per Board of Ed High

Source
  • CT Smart MLS
  • MLS ID 170568798

Real Estate Agent


Map of 28 & 32 Ben Franklin, Old Lyme, CT 06371

Directions to 28 & 32 Ben Franklin, Old Lyme, CT 06371
Mile Creek RD to Ben Franklin RD

Go To Google Maps for Directions


Mortgage Calculator
Loan Type: 30yr Fixed   |   Interest Rate: 7.22%   |   Purchase: $2,495,000   |   Downpayment @ 20.00%: $499,000

Mortgage Payment Estimate
for a 30yr Fixed Rate Loan

Monthly
$14,134


Monthly Cost Estimate: $14,134
  • Mortgage: $13,576
  • Taxes: $559
  • Insurance: $0
  • HOA: $0
  • Utilities: $0

Yearly Cost Estimate: $169,614
  • Mortgage: $162,908
  • Taxes: $6,706
  • Insurance: $0
  • HOA: $0
  • Utilities: $0

30yr Cost Estimate: $5,587,413
  • Mortgage: $4,887,233
  • Taxes: $201,180
  • Insurance: $0
  • HOA: $0
  • Utilities: $0
  • Downpayment: $499,000

Go To Mortgage Calculator


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This real estate listing for sale at 28 & 32 Ben Franklin has 88.00 acres. It is located in the Old Lyme, CT area with the 06371 zip code. For more info about the property at 28 & 32 Ben Franklin, Old Lyme, CT 06371 or if you would like to schedule a showing, please contact the listing agent above.

Data sourced from CT SMART MLS and was last updated January 01, 1970. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.