Price Reduction - Water Views
Address
305 South Street, Plymouth, CT
Price
$ 534,900
Property Attributes
- MLS#24171538
- TypeSingle Family
- Listing Status Contingent
- CountyLitchfield
- CityPlymouth
- NeighborhoodLake Plymouth
- Zip06782
- Style
- Year Built1947
- Taxes$ 3994
- Price$ 534,900
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage4041
- Lot Size0.45 Acres
Data Source:
Smart MLS
Property Description
Exceptional redevelopment opportunity at 305 South Street in Plymouth, CT, directly across from beautiful Plymouth Lake. First time this property has been available since 1996. Currently operating as an upholstery shop, this versatile commercial property offers tremendous potential for investors, entrepreneurs, or owner occupants seeking a prime location with future upside. Plans were previously approved by the town to convert the upper level into residential living space while maintaining commercial use below, creating an exciting opportunity for possible single family, multifamily, or mixed use redevelopment. Buyers to perform their own due diligence regarding approvals, zoning, permits, intended future use, and potential benefits under Connecticut Public Act 25-164 encouraging adaptive reuse opportunities for qualifying properties. Property includes lake rights to Plymouth Lake, adding rare recreational appeal and increased desirability. Ideal for live/work space, income potential, retail, office, cafe, boutique shop, office conversion, and more. Rare opportunity in a highly visible and desirable location. Related MLS#24171048 & MLS# 24171584
| Elementary School | High School |
|---|---|
| Per Board of Ed Elementary School | Terryville High School |
| Price History | |
|---|---|
| 4/30/2026 | Listed $664,900 |
| 5/15/2026 | 10$599,999 |
| 6/9/2026 | 3$579,900 |
| 6/24/2026 | 5$549,900 |
| 9/4/2026 | 3$534,900 |
General Features
| Zoning | RA-2L |
|---|---|
| Neighborhood | Lake Plymouth |
| County | Litchfield |
| Tax Year | July 2026-June 2027 |
| Property Type | Single Family For Sale |
| Status | Under Contract - Continue to Show |
| Acres | 0.45 |
| Directions | Thomaston Ave to Spruce Brook Rd to 305 South St. |
| High School | Terryville |
| City | Plymouth |
| Elementary School | Per Board of Ed |
| Sq Ft Total | 4041 |
| DOM | 133 |
| Year Built | 1947 |
| Style | Other |
| Year Built Source | Public Records |
Interior Features
| Cooling System | Wall Unit,Window Unit |
|---|---|
| Total Rooms | 4 |
| Basement Description | Full,Full With Walk-Out |
Exterior Features
| Water Source | Private Well |
|---|---|
| Lot Description | Corner Lot,Water View,Open Lot |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 06782
Price
Taxes
Year Built
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