Refine Search
Sort by
$399,900
2 Beds 2 Baths 24184055 MLS Grandview Estates BLDG.
Development Opportunity! This is not simply a townhouse offering-it is a fully approved condominium development package on a private lot with views. The sale includes existing Townhouse Unit #7 with an attached garage, together with the associated land and development rights for eight additional units to be built. Fully engineered plans are available by request. Town approvals are in place, underground utilities are on site, and initial infrastructure has been completed. Public water and sewer are available, condominium documents are recorded, and unit building plans are available. The existing townhouse provides immediate value while offering the opportunity to move forward with the remaining approved units-ideal for a developer or investor seeking a lower entry point with significant future upside. This is an opportunity to own and develop a planned community in the northeast corner of Connecticut, with convenient proximity to both Rhode Island and Massachusetts.

115 Groveland Ave Unit 7, Putnam

$150,000
24177764 MLS
Rare opportunity to acquire a potential residential development site located within a Qualified Opportunity Zone in Putnam. Previously approved subdivision plans in 2008 along with updated conceptual plans completed in 2022 provide valuable groundwork for future development. The property was designed for a proposed 12-unit subdivision with city water and sewer available, offering excellent future upside for builders, developers, and investors seeking long-term investment potential in northeastern Connecticut. Public utilities already available to the site provide a significant advantage while supporting continued housing demand in the area. Conveniently located near downtown Putnam, shopping, restaurants, schools, and I-395, the property combines location convenience with strong residential development potential. Opportunity Zone designation may provide potential tax advantages to qualified investors, including the potential for deferred and reduced capital gains taxes through qualified investment structures. Buyers to perform their own due diligence regarding approvals, permits, utility connections, development feasibility, and Opportunity Zone requirements.

406 Sabin St, Putnam

$789,900
3 Beds 2 Baths 24156839 MLS
*Pictures are similar to built* Discover the convenience of one-level living in this beautifully crafted new to-be-built construction ranch offering 2,032 square feet of thoughtfully designed space. Featuring 3 bedrooms and 2 full baths, this home blends comfort and style with an open-concept kitchen, dining, and living area - perfect for entertaining or everyday living. A stunning four-season room invites you to relax year-round while taking in the peaceful surroundings. The spacious primary suite offers a private retreat with a full en-suite bath and a generous walk-in closet. Convenient main-level laundry adds to the ease of single-floor living. The fully walk-out basement offers the option to finish an additional 960 square feet, creating incredible potential for an in-law setup, guest suite, home office, or recreation space. Set on 2.48 private acres in a quiet corner of Putnam, CT, this property provides the serenity you've been searching for while remaining close to local amenities. A rare opportunity to own brand-new construction with room to grow!

80 Aldrich Rd, Putnam

$325,000
5 Beds 2 Baths 24156729 MLS
Charming Victorian 2-family set up high and framed by a classic stone wall, situated on a spacious .45-acre lot and fully occupied with strong cash flow from day one. Both tenants are in yearly leases, providing stability and consistent income, and each unit features separate utilities with individual boilers, with tenants paying their own heat and electric to help maximize returns. The first-floor unit offers 2 bedrooms, while the second-floor unit features 3 bedrooms, and both include washer and dryer hookups for added convenience. With plenty of paved parking, city water, city sewer, and natural gas, this property offers efficiency and ease of ownership. Located close to all the amenities Putnam has to offer - including shopping, dining, parks, and everyday conveniences - this is a versatile opportunity ideal for investors seeking immediate, reliable income or owner-occupants looking to live in one unit while benefiting from rental income in the other. Recent work done on the property is as follows: Main sewer line replaced, both water heaters replaced, electrical panel main breaker replaced, furnaces replaced, and general painting and cleaning.

70 Walnut St, Putnam

$215,000
24150989 MLS
Development Opportunity! Town-approved condominium project with fully engineered plans available by request, set on a private lot with views. This offering conveys development rights only for an approved condominium complex consisting of two existing townhouses and approvals for eight additional units to be built. Prior approvals are in place with the Town, underground utilities are on site, and initial infrastructure work has been completed. Public water and sewer available, paved drive installed, condominium documents recorded, and unit building plans are available. This is an opportunity to own or develop a planned community in the northeast corner of Connecticut, with convenient proximity to both Rhode Island and Massachusetts. For the full package offering including land and existing units, please see MLS #24150988.

115 Groveland Ave, Putnam

$699,900
4 Beds 4 Baths 24150988 MLS Grandview Estates BLDG.
Development Opportunity! Fully approved condominium project on a private lot with views, offering a turnkey development package including land, two existing townhouses with garages, and approvals for eight additional units to be built, with fully engineered plans available by request. Town approvals are in place, underground utilities are on site, and initial infrastructure has been completed. Public water and sewer available, condominium documents recorded, and unit building plans are available. Existing units provide immediate value while allowing future expansion of the remaining approved units - ideal for developers seeking income with significant upside. This is an opportunity to own or develop a planned community in the northeast corner of Connecticut, with convenient proximity to both Rhode Island and Massachusetts.

115 Groveland Ave Unit 7 & 8, Putnam

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2026 State-Wide Multiple Listing Service. All rights reserved. Data Last Updated:

The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc.