$2,800,000

153 Wallingford Road, Durham, CT 06422

  • 15 beds |
  • 8 baths |
  • 10,623 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1820
  • Property Lot Size Icon278.55acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $264/sqft
  • Property List Date Icon Listed 10 months ago

Property Description

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.

Listing Status:
Active
Date Added:
September 10, 2024 at 04:47PM
Listing Office:
Century 21 AllPoints Realty : (203) 265-1931
Listing Agent:
Gary Dobratz : (203) 213-9097
MLS ID:
24045388
  • Appliances: Oven/RangeRefrigerator
  • Basement: FullUnfinished
  • A/C: None
  • Heating: Hot AirOil
  • Fireplace: Fireplaces: 1

This listing courtesy of Gary Dobratz, Century 21 AllPoints Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Brewster Elementary School

126 Tuttle Rd, Durham, CT, 06422

Grades PK-3

0.77 miles away

F

Frank Ward Strong Middle School

191 Main St, Durham, CT, 06422

Grades 7-8

0.72 miles away

C

Coginchaug Regional High School

135 Pickett Ln, Durham, CT, 06422

Grades 9-12

1.21 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.