520 Bailey Hill Road Killingly, CT $ 5,900,000
520 Bailey Hill Road
$ 5,900,000
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520 Bailey Hill Road

Killingly, CT, 06241
$ 5,900,000
Baths0.0

Monthly Estimate*

$ 39,213

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Studio

Lots and Land for sale in Killingly, CT

for $5,900,000. The lot size is 644.16.

50 ACRE SECLUDED LAKE ON 644 ACRE WILDERNESS TRACT including 3 smaller ponds, 2 streams in Connecticut's quiet Northeast corner. Absolute peace, quiet and security with no public access. With 9,000' of direct water frontage, the lake affords numerous building sites some with sunrise/sunset views along with private boating, swimming and fishing. For the nature lover, this is heaven on earth with abundant wildlife, no traffic noise, unparalleled star gazing. Miles of gravel roads provide vehicular access to the interior hidden lake and ponds. For the developer, the entire tract is approved for 135 cluster lots (30 lots in Phase 1 completely engineered). Zoning regulations allow and recorded engineering data show the feasibility for various other uses including family compound, large estate lots, recreational, corporate headquarters, etc. A monolith tower in a remote corner not visible from a vast majority of the property provides strong cell service (lessee is responsible for annual real estate taxes of $3,378 of the total $9,221). Seller options: 244+/- acres with 15 acre pond $2,500,000 (Listing # 170604362) or 400+/- acres with big lake and 2 smaller ponds $4,500,000 (Listing # 170604053). Distance to Providence 20 miles, Foxwoods Casino 30 mi, Hartford 45 miles, Boston 55 miles, New York City 145 miles. Several major airports are within one hour's drive. Local airstrips are also available for small planes.

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Lots and Land Active

Price

$ 5,900,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Residential Land

Lot Size

644.16

Town/City

Killingly

MLS | Web ID

L10060067

Features
General
Development Status Approved Subdivide
Zoning Rural
Neighborhood East Killingly
Subdivision Tri-Lakes LLC
County Windham
Property SubType Residential Land
Tax Year July 2023-June 2024
Location Rural
Property Type Lots and Land For Sale
Status Active
Acres 644.16
Directions Land borders Rhode Island state line. From Rte 395 in Killingly take exit 41 to East on Rte 101 to Bailey Hill Rd. South on Bailey Hill Rd 1 mile to property on the left. Frontage also on North side
High School PBOE
City Killingly
Street Name Bailey Hill
Elementary School PBOE
DOM 3253
Video Tour Y/N 0
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Exterior
Water Source Well Required
Lot Improvements Approved Building Lot Approved Subdivision
Lot Description Secluded Lightly Wooded Borders Open Space Level Lot Sloping Lot Water View
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Interior
Utilities Available Electric Available Phone Available Cable Available
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Internal Only
Street Number 1 520
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* Excluded Features
List By
J. Thomas Mettling

Listing Agent

J. Thomas Mettling

Broker

tmett@icloud.com

Email

Affordability Calculator

$39,213
Per Month
100%
0%
0%
Monthly Principal & Interest
$39,213
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
900757 Elementary School
894126 Middle School
Pboe High School High School
Pricing History
DatePricePrice ChangeDescription
6/11/2018$5,900,000 -14.49% Price Down
4/4/2017$6,900,000 -29.23% Price Down
7/6/2015$9,750,000 Listed Price

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520 Bailey Hill Road, Killingly, CT, 06241 is a Lots and Land for sale at $5,900,000 with a lot size of 644.16. 520 Bailey Hill Road is a studio with 0.0 baths. The property's zip code is 06241 which is in Killingly, CT