motif Luxe International Realty
$4,100,000
148 & 153 Wallingford Road, Durham, CT
Property Image
0
Beds
0.00
Baths
0
Sq Ft
414.50
Acres

Property Summary

148 & 153 Wallingford, Durham, CT is a Lots And Land For Sale residence located in Durham, CT. and is currently offered at $4,100,000.

148 & 153 Wallingford, Durham, CT is a Not available-bed, 0-bath, Not available square foot home built in Not available

This home is within the Durham school district (Local) with nearby schools including .

Pricing Insight: Originally listed at $4,100,000, the price has since been adjusted by $0 (0%). It has been on the market for approximately 624 days.

Property Overview

MLS #: 24015202

Property Type: Lots and Land

Architectural Style:

Year Built: 0

Neighborhood: Durham

Living Area: 0 Sq. Ft.

Lot Size: 414.50 Acres

Construction:

Heating:

Price per Sq Ft: $4,100,000

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

Property Images

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Agent Photo
Durham Market Expert
Steve Simos
Broker Logo
Phone: 800-555-0003
Email: george@appzentric.com