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$1,200,000
PRICE
Reduced by $240,000
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12.2
Acres
Available for the first time in nearly 90 years, this exceptional 12 ACRES represents one of the very last large tracts of undeveloped land in the water community of Westbrook. The property features a striking combination of 7.5 level acres of virgin open field--ideal for farming, equestrian use or building--framed beautifully by an elevated wooded backdrop. The flat acreage provide an unobstructed southern view of 9 acre Lake Louise & borders the protected land of both Essex & Westbrook Land Trusts. Location & accessibility are unmatched. With 379 feet of clear-line frontage on Route 153, the parcel is positioned perfectly midway between I-95 & Route 9, just minutes to the Old Saybrook/Westbrook Amtrak & Shoreline East train station for seamless travel from Boston, New York & beyond. A local civil engineer believes the site is primed for high-yield development. The property offers remarkable flexibility: a possible 3-4 substantial luxury residential lots or leveraging under CT Affordable Housing Law 8-30g to construct high-density multi-unit complex ranging from 33 units to perhaps 100 units, mirroring successful transit-oriented development nearby. The land is also believed to have substantial on-site topsoil & gravel reserves for immediate asset value. NOTE This sale is contingent upon an adjoining actively listed for sale 20 acre parcel in Essex, owned by the same owners being sold individually, if not together. See related MLS numbers.
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Additional Information
ADDITIONAL INFORMATION
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ACRES:
12.2
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AREA TYPE:
Highway Access, Urban
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DIVISIBLE:
Yes
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FRONTAGE:
379
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HIGH SCHOOL:
Per Board of Ed
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IS OCCUPIED?:
Vacant
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PROPERTY TAX:
$2,610
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ROAD FRONTAGE:
379
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ROAD FRONTAGE DESCRIPTION:
State Road, Paved Road
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SEWER:
Septic Required
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TAX AMOUNT:
$2,610
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UTILITIES AVAILABLE:
Cable Available, Electric Available, Gas Available
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ZONING:
Rr/ Ld
AMENITIES
- Library
- Medical Facilities
- Paddle Tennis
- Park
- Shopping/Mall
- Tennis Courts
Listing Courtesy of Todd Gould (203.988.5414) of William Pitt Sotheby's Int'l (203.245.6700).
Location for Essex Road, Westbrook, CT
Schools
for Essex Road, Westbrook, CT
Our community offers residents access to a number of fine private and public schools for all grade levels. Please read below for information on each
of the schools in our area.