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499 Route 164, Preston, 06365

Lots AND Vacant Land - Other For Sale

$899,000

Beds
Baths
Sqft
115.2Acres
Built
116DOM
MLS® #: 170255605
Active, 116 Days on Market

Nature enthusiasts, artists, fishermen, campers and hikers have all frequented this beautiful 114.5 - acre former dairy farm in Preston, CT over the years. Rolling pastures surrounded by stone walls and 30 acres of active hayfields gently slope to Broad Brook which runs through property year-round. Additionally, two ponds are on the property. Located partially on high-traffic but scenic Rt. 164 and rural Krug Rd., the property provides a tranquil setting with views to surrounding farmland. The property has been permitted as an 18-hole golf course and nine holes have been roughed in as well as three permitted bridges crossing Broad Brook. In addition approximately 250,000 yards of gravel and 10,000 yards of excess topsoil are on the property. Subdivision is possible, and the owners have commissioned a conceptual design which depicts 22 building lots ranging between 1.5 to 15 acres, without the need to build a road. There are 1330 feet of frontage on Rt. 164 and 1667 feet of frontage on Krug Rd. A ‘free split’ is also available. Located 10 minutes from Foxwoods Casino and State Highway 395 and 15 minutes from the Mohegan Sun, this is a scenic property which should be considered by the individual looking to create an organic farm, golf course, campground or private getaway, as well as a developer who wants to create an upscale, tranquil community. Property has A2 Survey. An additional 120 acres with conceptual design for 21 more residential lots is also available.

Essential Information

MLS® #: 170255605
Price: $899,000
Bathrooms: 0.00
Acres: 115.20
Type: Lots AND Vacant Land
Sub-Type: Other
Status: Active

Community Information

Address: 499 Route 164
Area: N/A
City: Preston
County: New London
State: CT
Zip Code: 06365

Amenities

Utilities: Electric Available, Phone Available, Cable Available
Waterfront: Not Applicable

Exterior

Lot Description: Farm Land, Possible Subdivide, Additional Land Available, Cleared, Water View, Rolling

School Information

Elementary: Preston Vet's Memorial
Middle: Per Board of Ed
High: Per Board of Ed

Additional Information

Date Listed: December 5th, 2019
Days on Market: 116
Zoning: R-60

Listing Details

Listing Office: William Pitt Sotheby's Int'l

©2020 Listings courtesy of the Connecticut Multiple Listing Service, Inc.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing data is deemed reliable but is not guaranteed accurate by the MLS.