x
Waterfront
Address
520 Bailey Hill Road Killingly, CT
Price
$ 5,900,000
Property Attributes
  • MLS#L10060067
  • TypeLand
  • CountyWINDHAM
  • CityKillingly
  • NeighborhoodTri-Lakes - LLC
  • Zip06241
  • StyleResidential Land
  • Taxes5937
  • Price$ 5,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size645.17 Acres
Listing Provided Courtesy Of:
J. Thomas Mettling
Property Description

RARE PRIVATELY OWNED 60 ACRE LAKE ON 645 ACRE WILDERNESS PARCEL with 2 smaller lakes. Absolute peace and quiet yet only minutes from Rte 395. Approved 136 lot single family cluster subdivision with 3 lakes on 645.17 pristine acres in Northeastern CT on Rhode Island border. Phase I ready to go with 31 lots (12 direct lakefront) on 150 acres surrounding 60+/- acre LAKE ALBERT. Mylars recorded. Remaining 105 lots on the remaining 495 acres are conceptually approved for Phases 2,3,4. All 136 lots have either direct lake frontage or access to water. Extensive network of miles of drivable gravel roads throughout property allows easy viewing of lakes and land. Volumes of engineering data show potential for various other uses including family compound, large estate lots, recreational, etc. Zoning allows multiple uses - some with special exception. Income producing Verizon lease in remote corner of property included in sale. Distance to Providence 23 miles, Hartford 50 miles, Boston 65 miles.

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

Elementary School PBOE
High School PBOE
Intermediate School PBOE
Location Highway Access, Rural
Middle School/High School PBOE
Neighborhood East Killingly
Property Sub Type Residential Land
Property Type Lots and Land For Sale
Status Active
Subdivision Tri-Lakes, LLC
Tax Year July 2018-June 2019
Utilities Available Electric, Telephone, Cable, Underground Required
Zoning Residential

Interior Features

Fuel Tank Location Non Applicable
Heat Fuel Type No Fuel

Exterior Features

Acres 645.1700
Direct Waterfront Yn Yes
Lot Description Water View, Level Lot, Lightly Wooded, Sloping Lot, Treed, Fence - Stone
Lots Number Of 136
Road Frontage Approximate 2500
Road Frontage Description Municipal Street, Paved Road
Sewage System Septic, Septic Required
Water Source Private Well, Well Required
Waterfront Description Direct Waterfront, Lake, View, Walk to Water

Amenities

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

Property vs Zip Code Average in 06241

Price
AVG $440K
$5.9M
Taxes
AVG $1,532
$5,937
Visits
AVG 42
451

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