13
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$2,800,000
Est. payment /mo
15 BD
8 BA
10,623 SqFt
Active
153 Wallingford Road Durham, CT 06422
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UPDATED:
09/19/2024 12:09 AM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 10,623 sqft
Price per Sqft $263
MLS Listing ID 24045388
Style Colonial
Bedrooms 15
Full Baths 7
Half Baths 1
Year Built 1820
Annual Tax Amount $33,077
Lot Size 278.550 Acres
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.
Location
State CT
County Middlesex
Zoning FR
Rooms
Basement Full, Unfinished
Interior
Heating Hot Air
Cooling None
Fireplaces Number 1
Exterior
Exterior Feature Shed, Porch, Barn, Patio
Parking Features None
Waterfront Description Pond
Roof Type Slate
Building
Lot Description Sloping Lot
Foundation Stone
Sewer Shared Septic
Water Shared Well
Schools
Elementary Schools Per Board Of Ed
High Schools Coginchaug Regional
Listed by Gary Dobratz • Century 21 AllPoints Realty
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