1536 & 1564 Monroe
Monroe, CT 06468

Property

Ownership: Land
Type: Land

Financials

Price:$1,295,000
Annual Taxes:$113
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Matt Nuzie of RE/MAX Right Choice

A rare opportunity to bring an entirely new cul de sac neighborhood to market in Monroe, Sun Valley Glen is a fully approved 8 lot subdivision set on 31 acres.

Description

A rare opportunity to bring an entirely new cul-de-sac neighborhood to market in Monroe, Sun Valley Glen is a fully approved 8-lot subdivision set on 31 acres. Approximately 14 (of the 31) acres designated as protected town-owned open space that enhances privacy and preserves the natural character of the setting. Each approved lot is a minimum of 1.5 acres and designed to accommodate four-bedroom homes, with several offering walk-out basement potential, and septic feasibility testing indicates no ledge with documentation available. The subdivision is approved for a 28-foot wide curb-to-curb road to be town maintained upon completion, and the overall layout creates a cohesive neighborhood setting with estate-sized homesites. Located within Monroe's nationally recognized Blue Ribbon School District, the property offers beautiful westerly sunset views and a setting aligned with the expectations of today's new construction buyer. Opportunities to introduce a fully approved subdivision of this scale in Monroe are increasingly limited, positioning Sun Valley Glen as a compelling offering for a developer seeking to deliver eight building lots / new homes within a thoughtfully designed neighborhood in a market where demand for quality new construction continues to exceed available inventory. Inquire for road cost estimates, perc testing, surveys and additional documents. With approvals complete and due diligence finalized, Sun Valley Glen is a turnkey development opportunity!

Amenities

  • Elementary School - Per Board of Ed
  • High School - Masuk
  • Intermediate School -

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