$2,800,000

15 Bedrooms Single Family Detached

  • 15 Beds
  • 8 Baths
  • 10,623 Sqft
  • Updated: June 1
  • MLS#24045388

About the Property

This unique farm complex is comprised of an equestrian area for 40 horses +, 5 residential houses and more. It has been in operation for over 100 years and is ready for new multi-generation owners to take the reins or for a progressive investor. There is nearly 280 acres of outstanding land, a pond, pastureland, rolling hills, stalls for 40+ horses and much more. There is, also, an outstanding mix
This unique farm complex is comprised of an equestrian area for 40 horses +, 5 residential houses and more. It has been in operation for over 100 years and is ready for new multi-generation owners to take the reins or for a progressive investor. There is nearly 280 acres of outstanding land, a pond, pastureland, rolling hills, stalls for 40+ horses and much more. There is, also, an outstanding mix of 5 houses that have 22 bedrooms for the families to share. The current owners are using 2 houses and renting 3 other homes. The investor may generate rental income from the farm’s 5 residential homes and 1. a Two story 35x50 horse barn, 2.a 35x80 stable with 1.5 story horse stalls. 3 a Barn with double row stalls, 4. a 4-bay garage, etc.. These items may also be considered depreciable property (see your tax advisor). Other sources of income from the farm would include leases for pasture land and equestrian rental of the stable & indoor/outdoor riding, which is currently leased). 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 ago. both parcel MUST be sold together.
  • Property type

    House

  • Year built

    1820

  • Price/sqft

    $263

Features

  • Garage
  • Vineyard / Winery
  • Equestrian

Explore the Area

153 Wallingford Road, Durham, CT 06422, Connecticut, United States View on Google Maps
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Gary Dobratz

Joined 11 years ago
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Gary Dobratz
Connecticut, United States
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2020
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CENTURY 21 AllPoints Realty
CENTURY 21 AllPoints Realty
857 North Main Street Suite #3, 06492, Wallingford, Connecticut, United States
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CENTURY 21 AllPoints is Connecticut’s largest and most productive CENTURY 21 Firm with 8 Strategically located ’Age
CENTURY 21 AllPoints is Connecticut’s largest and most productive CENTURY 21 Firm with 8 Strategically located ’Agent Centers’ and over 325 agents helping clients throughout the state. www. [hidden information] #1 Office CENTURY 21 Office in State. 2019 President’s Award Winner as well as #1 Century 21 Company in the State of Connecticut!
Last updated
June 1
First listed
Sep 10, 2024
Listing reference
3732FC3B-7E06-45F4-9648-161AAC7BFDAA
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