$ 4,100,000
148 & 153 Wallingford Road Durham, CT 06422
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 4,100,000
Est. payment /mo
Active
148 & 153 Wallingford Road Durham, CT 06422
414.5 Acres Lot
UPDATED:
10/08/2024 12:19 AM
Key Details
Property Type Vacant Land
Sub Type Agricultural Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24015202
Annual Tax Amount $17,228
Lot Size 414.500 Acres
Property Description
The Greenbacker Brookfield is one of the largest farms now on the Connecticut market with over 400 acres. It has been in operation for over 100 years and is ready now for a new multi-generation family to take the reins or for a progressive investor. There is ample accommodation with 7 houses that have 29 bedrooms for the family to share. (The average size farm in CT is approximately 80 acres). The current owners are using 4 houses and renting 3 other homes. The investor agriculture buyer may also generate rental income from the farm's other rental property; 1. a Two story 35x50 horse barn, 2.a 35x80 stable with 1.5 story horse stalls. 3 a. Barn with double row stalls and indoor riding arena, 4. a 4-bay garage, 5. Dairy barn, and Chicken coops, etc.. These items may also be considered depreciable property (see your tax advisor). Other sources of income from the farm would include renting land for; 1, growing crops (92 acres of cropland leased, currently), 2, Durham Fair parking. 3, pastureland (20 acres of pasture leased, currently), 4, hunt club (land leased currently), 5, equestrian rental (stable & indoor/outdoor riding, currently leased) and for dairy farming. Potential income may come from establishing a farm stand, growing grapes/ winery, Christmas tree sales, blue berries, and more. The State of Connecticut Conservation Restriction requires this property to be 'agriculture in nature' according to development rights the state acquired approximately 70 years ag
Location
State CT
County Middlesex
Zoning FR
Exterior
Utilities Available Cable Available, Electric, Telephone
Waterfront Description Not Applicable
Building
Lot Description Some Wetlands, Farm Land, Rolling
Sewer Septic, Shared Septic
Water Private Well, Shared Well
Listed by Gary Dobratz • Century 21 AllPoints Realty