Great opportunity to own this 106+ acre parcel of vacant land with the majority of it located in an RGCD zone. This property contains a pond (Towantic Pond) and dam that account for approximately 50 acres with another 50 usable acres remaining to be developed in southwest portion of property. Please note the northwestern portion of the property (estimated six to ten acres) is located in a Residential A zone but is subject to a conservation easement. The owner had a Special Permit approved for the proposed development of a senior living community and in anticipation of that development rebuilt the dam at a substantial capital cost. The site plan approvals has since expired and there are many possibilities including subdivision. The Town of Oxford would be open to a possible zone change (i.e. - Residential A) and the buyer is responsible for doing their own due diligence with the town. Please do not walk the property without permission.
Listing By
Agency Name: Carbutti & Co., Realtors
Agent Name: Peter Carbutti
Agency Phone: (203) 2694910
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimated Payment
$ 5,996.60 per month $4,339.85 Principal & Interest $1,088.00 Property Tax $568.75 Homeowner's InsuranceColdwell BankerĀ® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
Towantic Hill | MLS# 24175934
This land located at Towantic Hill , Oxford, CT 06478 is currently listed for sale with an asking price of $1,950,000. The property has approximately 106.86 Acres. Search Oxford real estate on www.coldwellbankerchoice.com today.