Possible 14 Lot Sub Division

Vacant Land for Sale
Catylist Listing ID: 29974727
Property Subtypes: Residential (Single Family)
Gross Land Area: 84 Acres
Sale Price: $1,295,000
Unit Price: $15,416 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/15/2021

Overview / Comments

New to the Market:

Just listed at $1,295,000. This is a great price for this undeveloped 84 acres of beautifully sloped and wooded parcel of land. The property is located in both Newtown CT with 5 acres located across the Town line in Bethel CT. A subdivision feasibility study has been completed indicating that a "conservative plan" of a 14 lot subdivision is practical and possible. The lots when fully approved would be serviced by well and septic. Access, electric, and telephone is provided from both Sturges Road and from Wilderness Road. This offering will be sold "as is" and without sub-division approval. A sale "With Approvals" will be possible but at a higher offering price.

Additional information is constantly being assembled on this offering so please call the listing broker today for the latest details. Call J. Michael Struna at 203-798-9345 to discuss.

Additional Details

Nearest MSA: New Haven-Milford
County: Fairfield
Taxing Authority: Town of Newtown
Tax ID/APN: 1-2-20
Market Type: Rural
Road Type: Paved
Largest Nearby Street: Sturges Road / Wilderness Road
Transportation: Other
Highway Access: Old Bethel Road to Route 6 or CT Route 302
Airports: Danbury Municipal Airport
Site Description: Raw land for possible sub-division.
Area Description: Residential single family houses.
Zoning Description: Residential
Development Name: Keough Estate
Topography: Rolling
Soil Type: Mixed
Available Utilities: Electric
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,788 31,646 102,061
Median Age: 42.66 42.42 39.24
Households: 948 12,121 37,510


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