Waterfront - Golf Course
Address
520 Bailey Hill Road, Killingly, CT
Price
$ 5,900,000
Property Attributes
  • MLS#L10060067
  • TypeLand
  • CountyWINDHAM
  • CityKillingly
  • NeighborhoodTri-Lakes - LLC
  • Zip06241
  • StyleResidential Land
  • Price$ 5,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size644.16 Acres
Data Source:
Smart MLS
Property Description

50 ACRE SECLUDED LAKE ON 644 ACRE WILDERNESS TRACT including 3 smaller ponds, 2 streams in Connecticut's quiet Northeast corner. Absolute peace, quiet and security with no public access. With 9,000' of direct water frontage, the lake affords numerous building sites some with sunrise/sunset views along with private boating, swimming and fishing. For the nature lover, this is heaven on earth. Abundant wildlife provides excellent hunting as well. No traffic noise. Star gazing is unparalleled. Miles of gravel roads provide vehicular access to the interior hidden lake and ponds. For the developer, the entire tract is approved for 135 cluster lots (30 ready immediately). Zoning regulations allow and recorded engineering data show the feasibility for various other uses including family compound, large estate lots, recreational, corporate headquarters, etc. A monolith tower in a remote corner not visible from a vast majority of the property provides strong cell service (lessee is responsible for annual real estate taxes of $3,378 of the total $9,221). Seller options: 245+/- acres with 15 acre pond $2,500,000 (Listing # 170604362) or 400+/- acres with big lake and 2 smaller ponds $4,500,000 (Listing # 170604053). Distance to Providence 23 miles, Foxwoods Casino 30 mi, Hartford 50 miles, Boston 60 miles, New York City 150 miles. Several major airports are within one hour's drive. Local airstrips are also available for small planes. (One of the owners is a licensed CT RE broker).

Elementary School Middle School High School
Pboe Elementary School Pboe Middle School Pboe High School
Price History
7/6/2015 Listed $9,750,000
4/4/2017 30% - $6,900,000
6/11/2018 15% - $5,900,000

General Features

Development Status Approved Subdivide
Zoning Rural
Neighborhood East Killingly
Subdivision Tri-Lakes,LLC
County Windham
Property SubType Residential Land
Tax Year July 2023-June 2024
Location Rural
Property Type Lots and Land For Sale
Status Active
Acres 644.16
Directions Land borders Rhode Island state line. From Rte 395 in Killingly,take exit 41 to East on Rte 101 to Bailey Hill Rd. South on Bailey Hill Rd 1 mile to property on the left. Frontage also on North side
High School PBOE
City Killingly
Street Name Bailey Hill
Elementary School PBOE
DOM 3160

Interior Features

Utilities Available Electric Available,Phone Available,Cable Available

Exterior Features

Water Source Well Required
Lot Description Secluded,Water View,Level Lot,Lightly Wooded,Sloping Lot,Fence - Stone
WaterfrontDescription Direct Waterfront,Brook,Lake,View

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 06241

Price
AVG $1.33M
$5.9M
Visits
AVG 364
2982
Data Provided by Inside Real Estate®

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