$4,100,000

148 & 153 Wallingford Road, Durham, CT 06422

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon414.5acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

The Greenbacker Brookfield is one of the largest farms now on the Connecticut market with over 400 acres. It has been in operation for over 100 years and is ready now for a new multi-generation family to take the reins or for a progressive investor. There is ample accommodation with 7 houses that have 29 bedrooms for the family to share. (The average size farm in CT is approximately 80 acres). The current owners are using 4 houses and renting 3 other homes. The investor agriculture buyer may also generate rental income from the farm's other rental property; 1. a Two story 35x50 horse barn, 2.a 35x80 stable with 1.5 story horse stalls. 3 a. Barn with double row stalls and indoor riding arena, 4. a 4-bay garage, 5. Dairy barn, and Chicken coops, etc.. These items may also be considered depreciable property (see your tax advisor). Other sources of income from the farm would include renting land for; 1, growing crops (92 acres of cropland leased, currently), 2, Durham Fair parking. 3, pastureland (20 acres of pasture leased, currently), 4, hunt club (land leased currently), 5, equestrian rental (stable & indoor/outdoor riding, currently leased) and for dairy farming. Potential income may come from establishing a farm stand, growing grapes/ winery, Christmas tree sales, blue berries, and more. The State of Connecticut Conservation Restriction requires this property to be 'agriculture in nature' according to development rights the state acquired approximately 70 years ag

Listing Status:
Active
Date Added:
May 6, 2024 at 04:16PM
Listing Office:
Century 21 AllPoints Realty : (203) 265-1931
Listing Agent:
Gary Dobratz : (203) 213-9097
MLS ID:
24015202
  • Improvements: House(S)Barn(S)Horse StableGarage(S)Shed

This listing courtesy of Gary Dobratz, Century 21 AllPoints Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Brewster Elementary School

126 Tuttle Rd, Durham, CT, 06422

Grades PK-3

0.83 miles away

F

Frank Ward Strong Middle School

191 Main St, Durham, CT, 06422

Grades 7-8

0.77 miles away

C

Coginchaug Regional High School

135 Pickett Ln, Durham, CT, 06422

Grades 9-12

1.10 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.