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$ 3,400,000
Est. payment | /mo
33.02 Acres Lot
$ 3,400,000
Est. payment | /mo
33.02 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24195081
Annual Tax Amount $4,438
Lot Size 33.020 Acres
Property Sub-Type Residential Land
Property Description
Available for the first time in nearly 90 years, this exceptional 33 ACRES represents one of the very last large tracts of undeveloped land in Essex, widely celebrated as one of America's "Best Small Towns." Straddling the town line with parcels in both historic Essex & the water community of Westbrook, the property features a striking combination of 16 level acres of virgin open field--ideal for farming, equestrian use or building--framed beautifully by an elevated wooded backdrop. The flat acreage provides an unobstructed southern aspect view of 9 acre Lake Louise & borders the protected land of both Essex & Westbrook Land Trusts. Location & accessibility are unmatched. Boasting over 800 feet of clear-line frontage on Route 153, the parcel is positioned perfectly midway between I-95 & Route 9, minutes to the Old Saybrook/Westbrook Amtrak/Shoreline East train station for seamless travel from Boston, New York & beyond. Soil tested for water & drainage, a local civil engineer indicates the site is primed for high-yield development. The property offers remarkable flexibility: a possible 6-10 substantial luxury residential lots or leveraging under CT Affordable Housing Law 8-30g to construct a high density multi-unit complex ranging from 66 units to perhaps over 270 units, mirroring successful transit-oriented developments nearby. The land is also believed to have substantial on-site topsoil & gravel reserves for immediate asset value. This is a rare generational opportunity
Location
State CT
County Middlesex
Zoning RU
Exterior
Utilities Available Cable Available, Electric Available, Gas Available
Waterfront Description View
Building
Lot Description Treed, Farm Land, Borders Open Space, Level Lot, Sloping Lot, Open Lot
Sewer Septic Required
Water Private Well, Other
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Todd Gould • William Pitt Sotheby's Int'l
Nearby Locations
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Ilka Torres
Broker License ID: REB.0794005