000 River Road Active

Willington,CT 06279

$ 699900

- Bed

- Bath

0 SqFt


Key Details

Property Type Vacant Land

Sub Type Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24049906

Annual Tax Amount $49

Lot Size 85.980 Acres

Property Sub-Type Residential Land

Property Description

Developer wanted! 85.98 acres with 2,313' of road frontage is 30 seconds from I-84 exit 70. 4% interest construction loans available to developers, numerous programs sponsored by the state to address CT's affordable housing crisis, defined as at least 20% affordable & 50% moderate income level units, including state subsidized & non-subsidized units, senior 55+ and assisted living units. Public act 87-441 provides grants, loans & deferred loans for acquiring land. CHFA tax credits to developers up to $10 million annually. Per 2024 law affordable rental units to be assessed/taxed based on net rental income, not market value. Besides frontage for lots, the land has a nearly level area 250' x 600' parallel to RT 32. Willington's only senior housing facility, Willington Woods, is a 32 unit 70' x 200' building. Land abuts trout stocked Roaring Brook, diagonal across from town park with fields, pavilion & paved level walking trail. Google says 23 min to Hartford, 13 min to Rockville Hospital

Location

State CT

County Tolland

Zoning R80

Exterior

Utilities Available Cable Available,Electric Available,Phone Available

Waterfront Description Brook

Building

Lot Description Treed,Borders Open Space,Rolling,Water View

Sewer Septic Required

Water Well Required

Schools

Elementary Schools Center

High Schools Per Board Of Ed

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