99999 Pennsylvania Avenue
East Lyme, CT 06333
$7,000,000 - Niantic
Attention Luxury Developers & Builders: A rare, high-upside acquisition opportunity in desirable Niantic. Featuring 37 +/- pristine acres across 7 contiguous parcels, this property offers the ideal canvas for an private enclave of multi-million dollar single-family coastal estates. Key infrastructure is already in place with R-40 zoning, public water available in the street, and a comprehensive survey on file. Walking distance to Niantic Town Center, pristine beaches, and boat slips. Bring your vision, evaluate the plans, and submit your offer today.A once-in-generations opportunity, the Dodge Pond Property offers approximately 30 +/- acres in the heart of Niantic, complete with two peaceful ponds known as Dodge Pond and Little Dodge Pond. Long held by the same family for more than four generations, this special property is now being offered for purchase. Dodge Pond provides a serene setting for fishing and non-motorized water activities, while the surrounding acreage offers exceptional room for vision, value, and imagination. As one of the largest developable land offerings closest to Main Street in the seaside village of Niantic, the property is uniquely positioned for a legacy estate, private retreat, or an inspired development concept. Niantic itself is one of the Connecticut shoreline's most charming coastal villages, located within the town of East Lyme and positioned about two hours from both New York City and Boston.
| Listing Id: | 24180074 |
|---|---|
| List Price: | $7,000,000 |
| Property Type: | Lot & Land |
| Property Sub Type: | Residential Land |
| Status: | Active |
| Bank Owned Property: | No |
| Property Tax: | $13,678 |
| Acres: | 37.0 |
| Direct Waterfront Yn: | Yes |
| City: | East Lyme |
| Neighborhood: | Niantic |
| County: | New London |
| Postal Code: | 06333 |
| Acres Source: | Approximate |
| Agent Owner Yn: | No |
| Assessed Value: | $488,310 |
| Basement Description: | No |
| Comp Only Manual Yn: | No |
| Current Price: | $7,000,000.00 |
| Directions: | Pennsylvania Avenue |
| Display Fair Market Value Yn: | Yes |
| Documents Available: | Environmental Site Assess., Plot Plan/Survey, Other |
| Elementary School: | Per Board of Ed |
| High School: | East Lyme |
| Home Owner's Assocation: | No |
| Listing Contract Date: | 2026-06-01 |
| Location: | Downtown |
| Lot Description: | Some Wetlands, Treed, Sloping Lot, Cleared, Water View |
| Lot Improvements: | House(S), Garage(S) |
| Lots Number Of: | 9,999 |
| Mil Rate Total: | $28.01 |
| Status: | Active |
| Nearby Amenities: | Park, Shopping/Mall |
| Occupied By: | Owner |
| Original List Price: | $7,000,000 |
| Parcel Number: | 999999999 |
| Possession Availability: | negotiable |
| Potential Short Sale: | No |
| Preferred Phone: | (860) 572-7305 |
| Price: | $7,000,000 |
| Remarks Public Addendum: | Just inland, the Flanders commercial district provides convenient access to I-95, Costco, grocery shopping, hotels, Starbucks, restaurants, and other everyday amenities, while Foxwoods Resort Casino and Mohegan Sun are each approximately 15 minutes from the interstate corridor. East Lyme has long attracted high earners, retireees and professionals connected to Pfizer, General Dynamics Electric Boat, the casinos, Hartford-area insurance firms, and discerning buyers from New York and Boston seeking a coastal lifestyle with substance. Do not let Niantic's easy charm fool you: this is a village that has stayed true to its character while the surrounding shoreline continues to grow in demand. For developers, builders, investors, or private buyers with imagination, Dodge Pond offers a rare blend of natural beauty, walkable village access, regional convenience, and meaningful development potential in one of Connecticut's most coveted coastal communities. |
| Road Frontage Approximate: | 665 |
| Road Frontage Description: | Municipal Street |
| Sewage System: | Other |
| Sign Yn: | No |
| Subdividable Ynu: | Yes |
| Tax Year: | July 2025-June 2026 |
| Under Agreement Yn: | No |
| Utilities Available: | Cable Available, Electric Available |
| Waterfront Description: | Pond, View |
| Water Source: | Public Water In Street |
| Zoning: | R40 |
Listing Courtesy of: Buena Vista Real Estate Co.
Listing Agent: Ann M Buonocore
(860) 572-7305
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Smart MLS Inc. data last updated on October 08, 2026 06:51 PM - ET
Property Last Updated: October 08, 2026 06:51 PM - ET