10 Riverside Drive, Sprague, Connecticut

$2,500,000

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70.91

Acres

About 10 Riverside Drive

This potential 70-acre development in Sprague, Connecticut, offers a unique opportunity to build a 96-unit condominium community with two small retail centers in the town's Village Design District. Surrounded by peaceful woodlands and featuring over 3,000 feet of scenic walking trails, the plan includes spacious two- and three-bedroom, handicap-accessible units, a community center with a kitchen, fitness room, and multipurpose spaces, plus walkable infrastructure with 22-foot-wide roads and 5-foot sidewalks. With Phase 1 infrastructure already underway, the site is ideally located just 1.5 miles from Route 395 and within 5 miles of Lisbon Landing, Mohegan Sun Golf Club, and Backus Hospital, offering a convenient 30-minute commute to both UConn and Eastern Connecticut State University-all within the historic charm of Sprague, "the perfect place to live and work in eastern Connecticut." This may also be explored to build single family homes. Buyers should perform their due diligence with the town and their builders.

Features of 10 Riverside Drive

MLS® # 24102656
Price $2,500,000
Acres 70.91
Type Lots and Land For Sale
Sub-Type Residential Land
Status Active

Community Information

Address 10 Riverside Drive
Area N/A
City Sprague
County New London
State Connecticut
Zip Code 06330

Amenities

Utilities Electric
Is Waterfront No
Waterfront Not Applicable
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description Rough Graded, Dry, Cleared

School Information

Elementary Per Board of Ed
High Per Board of Ed

Additional Information

Date Listed June 9th, 2025
Days on Market 120
Zoning R-20
RE / Bank Owned No

Listing Details

OfficeReal Broker CT, LLC

Listing Map

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