Available for the first time in nearly 90 years, this exceptional 33 ACRES represents one of the very last large tracts of undeveloped land in Essex, widely celebrated as one ...


Property

Website:https://www.nestseekers.com/5665485
Address:
Westbrook
Essex, CT 06426
Ownership: Land
Type: Land

Financials

Price:$3,400,000
Annual Taxes:$4,438

Description

Available for the first time in nearly 90 years, this exceptional 33 ACRES represents one of the very last large tracts of undeveloped land in Essex, widely celebrated as one of America's "Best Small Towns." Straddling the town line with parcels in both historic Essex & the water community of Westbrook, the property features a striking combination of 16 level acres of virgin open field--ideal for farming, equestrian use or building--framed beautifully by an elevated wooded backdrop. The flat acreage provides an unobstructed southern aspect view of 9 acre Lake Louise & borders the protected land of both Essex & Westbrook Land Trusts. Location & accessibility are unmatched. Boasting over 800 feet of clear-line frontage on Route 153, the parcel is positioned perfectly midway between I-95 & Route 9, minutes to the Old Saybrook/Westbrook Amtrak/Shoreline East train station for seamless travel from Boston, New York & beyond. Soil tested for water & drainage, a local civil engineer indicates the site is primed for high-yield development. The property offers remarkable flexibility: a possible 6-10 substantial luxury residential lots or leveraging under CT Affordable Housing Law 8-30g to construct a high density multi-unit complex ranging from 66 units to perhaps over 270 units, mirroring successful transit-oriented developments nearby. The land is also believed to have substantial on-site topsoil & gravel reserves for immediate asset value. This is a rare generational opportunity

Amenities

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

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Todd Gould of William Pitt Sotheby's Int'l