Towantic Hill , Oxford, CT 06478

$1,950,000
  • Towantic Hill , Oxford, CT 06478 Main Photo

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Active
LOT SIZE 106.860 acres MLS#24175934
STATUSActive PROPERTY TYPELand - Residential

Property Description

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.

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.

Property Features

Property Type: Land - Residential
Lot Size: 106.86 Acres
Taxes: $13,056

Feature Descriptions

Days on Site: 14
Lot: Some Wetlands, Treed, Sloping Lot, Rolling, Water View
Road Type: Municipal Street
Sewer: Septic Required
Utility Features: Electric Available
Water: Well Required
Waterfront: Pond, View

Local Schools

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

Listed By / Shown By

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)

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Estimated Payment

$ 5,996.60 per month $4,339.85 Principal & Interest $1,088.00 Property Tax $568.75 Homeowner's Insurance

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