$825,000
$1,100,000
25.0%For more information regarding the value of a property, please contact us for a free consultation.
73.64 Acres Lot
SOLD DATE : 09/14/2022
Key Details
Sold Price $825,000
Property Type Vacant Land
Sub Type Residential Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 170436209
Sold Date 09/14/22
Annual Tax Amount $11,632
Lot Size 73.640 Acres
Property Description
418R Madison Road is a highly desirable development site available in Durham on Madison Road (Route 79). The property is a 73.64+/- acre site just south of the center of Durham and an easy drive to Madison's Town Center. The site has previous approvals for 46 detached condominium units of age restricted housing. New approvals would be necessary for completion of the development. Extensive architectural and engineering design work has been drafted. The site has some of the nicest vistas in the area and would be suitable for residential development. The entire site is available for $1,100,000. The property is located within the south-central portion of Durham and fronts along the easterly side of Madison Road (Route 79). The land area is comprised of two parcels that combine to offer 73.64 acres. The land offers an irregular configuration. The topography is varied throughout and, contains scattered, designated inland-wetlands. A pond is located on the larger of the two parcels along with a conservation easement that forms the northerly border. This area accounts for 6 acres. The parcel falls within the FEMA Zone X - areas outside the 500 year flood plain. There is a dilapidated 2800 square foot structure located on the property.
Location
State CT
County Middlesex
Zoning FR
Exterior
Utilities Available Electric Available
Waterfront Description Not Applicable
Building
Lot Description Open Lot, May be Subdividable, Some Wetlands, Treed
Sewer Septic Required
Water Public Water In Street, Private Well
Schools
Elementary Schools Per Board Of Ed
Middle Schools Per Board Of Ed
High Schools Per Board Of Ed
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Bought with Terra Mennone • KW Legacy Partners
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Broker | REB.0791464