520 Bailey Hill, Killingly, Connecticut, 06241

520 Bailey Hill
Killingly CT 06241

Property

Ownership: Land
Type: Land
Pets: Pets Unknown

Financials

Price: $5,900,000
Annual Taxes: $5,536
500 West Putnam Avenue, Greenwich, CT 06830, USA
Courtesy of J. Thomas Mettling

Description

RARE PRIVATELY OWNED 60+/- ACRE LAKE ON 645 ACRE WILDERNESS PARCEL including 2 smaller lakes in Northeastern Connecticut on Rhode Island border. Absolute peace and quiet and security yet only minutes from Rte 395 and community amenities. Property is located on 2 paved town roads with 3 separate means of ingress and egress. Extensive network of miles of drivable gravel roads throughout property allows easy viewing and direct access to hidden lakes and interior. Multiple lake front building sites on pine and oak studded knolls all with long lake views. For the developer, the parcel is an approved 4 phase 135 lot cluster subdivision ready for development. For the nature lover, this is heaven on earth. Zoning regulations allow and recorded engineering data show potential for various other uses including family compound, large estate lots, recreational uses, corporate headquarters, etc. Monolith cell tower in remote NW corner of property not visible from vast majority of property. Owner will sell 545+/- acres inclusive of the 3 lakes for $4,900,000 (subject to new subdivision approval by the town). Distance to Providence 23 miles, Hartford 50 miles, Boston 65 miles, New York City 155 miles.

Amenities

  • Elementary School - PBOE
  • High School - PBOE
  • Intermediate School - PBOE

RARE PRIVATELY OWNED 60 ACRE LAKE ON 645 ACRE WILDERNESS PARCEL including 2 smaller lakes in Northeastern Connecticut on Rhode Island border.

    Description

    RARE PRIVATELY OWNED 60+/- ACRE LAKE ON 645 ACRE WILDERNESS PARCEL including 2 smaller lakes in Northeastern Connecticut on Rhode Island border. Absolute peace and quiet and security yet only minutes from Rte 395 and community amenities. Property is located on 2 paved town roads with 3 separate means of ingress and egress. Extensive network of miles of drivable gravel roads throughout property allows easy viewing and direct access to hidden lakes and interior. Multiple lake front building sites on pine and oak studded knolls all with long lake views. For the developer, the parcel is an approved 4 phase 135 lot cluster subdivision ready for development. For the nature lover, this is heaven on earth. Zoning regulations allow and recorded engineering data show potential for various other uses including family compound, large estate lots, recreational uses, corporate headquarters, etc. Monolith cell tower in remote NW corner of property not visible from vast majority of property. Owner will sell 545+/- acres inclusive of the 3 lakes for $4,900,000 (subject to new subdivision approval by the town). Distance to Providence 23 miles, Hartford 50 miles, Boston 65 miles, New York City 155 miles.

    Amenities

    • Elementary School - PBOE
    • High School - PBOE
    • Intermediate School - PBOE

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.