Active
153 Wallingford Road
Durham CT, 06422
$2,800,000
$263.58 per sqft
Active
15 Beds
8 Baths
10,623 sqft
Residential
Built in 1820
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.
24045388
MLSⓇ ID
September 10, 2024
Listed
November 22, 2024
Updated
Map
153 Wallingford Road
Durham CT, 06422
Interior Features
Bedrooms
15
Total Bathrooms
8
Full Bathrooms
7
Half Bathrooms
1
Appliances
Range, Oven, Refrigerator
Fireplace
Yes
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Oil, Forced Air
Exterior/Building Features
Lot Size
278.55 Acres
Lot Features
Sloped, Waterfront
Architectual Style
Colonial
Sewer
Shared Septic
School Information
High School
Coginchaug Regional
Elementary School
Per Board of Ed
Other Property Details
Area Name
Durham Center
Taxes
$33,077
Tax Frequency
Annually
Days on Market
9
Garage
No
Parking
None
View
No
County
Middlesex
Water Source
Shared Well
Pool
No
Waterfront
Yes
Zoning
FR
Listed by Gary Dobratz with Century 21 AllPoints Realty
Listing Contact: 2032139097
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Data last updated on 11/22/2024 at 5:25 AM UTC