Old Saybrook, Connecticut 06475
Price
$975,000
Situated in Old Saybrook's most protected and prominent corridor, 18 Old South Cove Road provides the rare opportunity to Renovate or Custom Build a "Legacy Estate" where privacy and scenic integrity are guaranteed by zoning. Currently home to a classic 1,569 Sq. Ft. ranch built in 1964, the true value of this Residential District A property lies in its exceptional dimensions and unique possibilities. As one of the largest parcels in the protective Gateway Zone, you are granted 15 per building coverage. This translates to a massive potential footprint of approximately 2,744 sq. ft., allowing for a custom build that far exceeds the scale of neighboring homes. And by leveraging the 35-foot height scale-up freedom (2.5 stories), you have the rare opportunity to capture dramatic, unencumbered panoramic water views of South Cove. Nestled within Old Saybrook's elite Gateway Zone, this oversized .42-acre parcel presents a rare "Conservation Luxury" setting where low-density zoning protects your views and your investment. With Residence A designation, this lot is the perfect foundation for a 4,000 sq. ft. legacy home featuring a 3-car garage and open coastal verandas. Experience the prestige of the Gateway District-where the shoreline's character is preserved, and high-end estates thrive.
Listed by Beycome of Connecticut, Steven Koleno. Data sourced from SmartMLS