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Buy landat 220 Middlesex Turnpike, Old Saybrook, CT 06475

$5,900,000

$0/mo

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Land

898 Days on market

170447223 MLS ID

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About 220 Middlesex Turnpike land

124+ Acres! Beautiful property with spectacular view of the Connecticut River and Long Island Sound. This expansive land was originally purchased in 1926 as farmland, which provided the gravel to fill in Boston's Inner Harbor and helped supply water to old steam engines. Now, nearly a century later and cradled between Rt. 9 and I-95, it is a Developers Dream.....either commercial or residential. The many unique features of the property include stunning views and a 20 acre lake with a beach and restrooms. Additional adjacent land also available. Extensive due diligence completed by seller's. Copies of survey's and original deed available. Seller's main interest is to be sold to a developer. Owner's would consider delaying closing until permits are approved. Town of Old Saybrook and DEEP are willing to assist buyer in developing the property.
124+ Acres! Beautiful property with spectacular view of the Connecticut River and Long Island Sound. This expansive land was originally purchased in 1926 as farmland, which provided the gravel to fill in Boston's Inner Harbor and helped supply water to old steam engines. Now, nearly a century later and cradled between Rt. 9 and I-95, it is a Developers Dream.....either commercial or residential. The many unique features of the property include stunning views and a 20 acre lake with a beach and restrooms. Additional adjacent land also available. Extensive due diligence completed by seller's. Copies of survey's and original deed available. Seller's main interest is to be sold to a developer. Owner's would consider delaying closing until permits are approved. Town of Old Saybrook and DEEP are willing to assist buyer in developing the property.

Property details

Property Access

Road Frontage Approximate: 260

Interstate Highway

U.S. Highway

State Road

Community

Golf Course

Lake

Medical Facilities

Park

Public Rec Facilities

Public Transportation

Shopping/Mall

Location

County: Middlesex

Neighborhood: N/A

Highway Access

Downtown

Park

Shopping Mall

Strip Center

Lot

124 acres

Farm Land

May be Subdividable

Additional Land Avail.

Water View

Lightly Wooded

None

Possession

Possession Availability: Negotiable

Property

Direct Waterfront

Single lot

Frontage

Beach

View

Schools

Elementary School: Per Board of Ed

High School: Per Board of Ed

Sewer

Septic Required

Taxes

Year: July 2022-June 2023

Utilities

None/Unknown

Monthly cost

Estimated monthly cost

$44,382/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$5,546,000

+$177,000

$5,723,000

Seller agent commission$177,000 (3%)*

$0 (0%)

Buyer agent commission$177,000 (3%)*

$177,000 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $177,000 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:44 p.m.

Data updated: May 23, 2023 at 9:47 a.m.

Courtesy of Matthew Merritt, William Pitt Sotheby's Int'l.
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Listing Information © 2024 SmartMLS, Inc. All Rights Reserved.

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