Essex, Westbrook, CT 06498

$1,440,000
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Active
LOT SIZE 12.200 acres MLS#24192570
STATUSActive PROPERTY TYPELand - Residential

Property Description

Available for the first time in nearly 90 years, this exceptional 12 ACRES represents one of the very last large tracts of undeveloped land in the water community of Westbrook. The property features a striking combination of 7.5 level acres of virgin open field--ideal for farming, equestrian use or building--framed beautifully by an elevated wooded backdrop. The flat acreage provide an unobstructed southern view of 9 acre Lake Louise & borders the protected land of both Essex & Westbrook Land Trusts. Location & accessibility are unmatched. With 379 feet of clear-line frontage on Route 153, the parcel is positioned perfectly midway between I-95 & Route 9, just minutes to the Old Saybrook/Westbrook Amtrak & Shoreline East train station for seamless travel from Boston, New York & beyond. A local civil engineer believes the site is primed for high-yield development. The property offers remarkable flexibility: a possible 3-4 substantial luxury residential lots or leveraging under CT Affordable Housing Law 8-30g to construct high-density multi-unit complex ranging from 33 units to perhaps 100 units, mirroring successful transit-oriented development nearby. The land is also believed to have substantial on-site topsoil & gravel reserves for immediate asset value. NOTE This sale is contingent upon an adjoining actively listed for sale 20 acre parcel in Essex, owned by the same owners being sold individually, if not together. See related MLS numbers.

Essex | MLS# 24192570

This land located at Essex, Westbrook, CT 06498 is currently listed for sale with an asking price of $1,440,000. The property has approximately 12.20 Acres. Search Westbrook real estate on www.coldwellbankerchoice.com today.

Property Features

Property Type: Land - Residential
Lot Size: 12.20 Acres
Taxes: $2,525

Feature Descriptions

Days on Site: 29
Lot: Additional Land Avail., Farm Land, Borders Open Space, Level Lot, Sloping Lot
Road Type: State Road, Paved Road
Sewer: Septic Required
Utility Features: Cable Available, Electric Available, Gas Available
Water: Well Required, Other
Waterfront: View

Local Schools

High School: Per Board of Ed
Elementary School: Per Board of Ed

Listed By / Shown By

Listing By

Agency Name: William Pitt Sotheby's Int'l
Agent Name: G. Todd Gould
Agency Phone: (203) 2456700

Shown By

Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)

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Estimated Payment

$ 3,835.23 per month $3,204.82 Principal & Interest $210.42 Property Tax $420.00 Homeowner's Insurance

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