Pawcatuck Land for Sale

Welcome to Pawcatuck, a charming village nestled within the picturesque town of Stonington, Connecticut. This hidden gem in New London County offers a unique blend of small-town allure and coastal beauty, making it an ideal place for those seeking a serene lifestyle. With its rich history and vibrant community, Pawcatuck is a place where neighbors become friends and every day feels like a breath of fresh air.

As you stroll through the tree-lined streets, you’ll discover a delightful mix of historic homes and modern amenities. The village boasts an array of local shops, cozy cafes, and artisanal markets, providing residents with everything they need just a stone’s throw away. Nature lovers will appreciate the stunning landscapes, with the Pawcatuck River winding its way through the area, offering opportunities for kayaking, fishing, and peaceful riverside walks.

For those considering a move to this idyllic locale, we are excited to present an enticing opportunity: land for sale in Pawcatuck. Imagine crafting your dream home on a beautiful parcel of land, surrounded by the tranquility of nature and the warmth of a close-knit community. Whether you envision a contemporary retreat or a charming cottage, the possibilities are endless.

With its prime location, Pawcatuck is conveniently situated near the vibrant coastal towns of Mystic and Westerly, RI, offering easy access to stunning beaches, cultural attractions, and a variety of dining options. Embrace the opportunity to build your future in this enchanting neighborhood, where every day brings the promise of new adventures and cherished memories. Don’t miss out on your chance to be part of the Pawcatuck community!

Newest Pawcatuck Land for Sale

$3,800,000

24195924 MLS

The 5.24-acre property features the historic Clark Thread Mill building dating to 1899, just south of the first mill building converted in 2016 into 58 apartments known as The Threadmill. Current owners of the property have obtained approvals for another 58 units in the available building, with at least 58 more units indicated by the town as readily approvable on the vacant land. The property comes with State grant money of $4M to $6M to totally rehabilitate the building, State tax credits in the amount of $4.5M, and unlimited Federal tax credits of 20% of post-rehab construction costs, estimated to be another $6M. State tax credits can be available as cash upon completion of the project, while Federal tax credits can be purchased by tax credits investors for cash or rolled into a construction bridge loan.

21 Pawcatuck Ave, Stonington

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