Westbrook, Essex, CT 06426

$3,400,000
  • Westbrook, Essex, CT 06426 Main Photo

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Under Contract
LOT SIZE 33.020 acres MLS#24195081
STATUSUnder Contract PROPERTY TYPELand - Residential

Property Description

Available for the first time in nearly 90 years, this exceptional 33 ACRES represents one of the very last large tracts of undeveloped land in Essex, widely celebrated as one of America's "Best Small Towns." Straddling the town line with parcels in both historic Essex & the water community of Westbrook, the property features a striking combination of 16 level acres of virgin open field--ideal for farming, equestrian use or building--framed beautifully by an elevated wooded backdrop. The flat acreage provides an unobstructed southern aspect view of 9 acre Lake Louise & borders the protected land of both Essex & Westbrook Land Trusts. Location & accessibility are unmatched. Boasting over 800 feet of clear-line frontage on Route 153, the parcel is positioned perfectly midway between I-95 & Route 9, minutes to the Old Saybrook/Westbrook Amtrak/Shoreline East train station for seamless travel from Boston, New York & beyond. Soil tested for water & drainage, a local civil engineer indicates the site is primed for high-yield development. The property offers remarkable flexibility: a possible 6-10 substantial luxury residential lots or leveraging under CT Affordable Housing Law 8-30g to construct a high density multi-unit complex ranging from 66 units to perhaps over 270 units, mirroring successful transit-oriented developments nearby. The land is also believed to have substantial on-site topsoil & gravel reserves for immediate asset value. This is a rare generational opportunity

Westbrook | MLS# 24195081

This land located at Westbrook, Essex, CT 06426 is currently listed for sale with an asking price of $3,400,000. The property has approximately 33.02 Acres. Search Essex real estate on www.coldwellbankerchoice.com today.

Property Features

Property Type: Land - Residential
Lot Size: 33.02 Acres
Taxes: $4,438

Feature Descriptions

Days on Site: 33
Lot: Treed, Farm Land, Borders Open Space, Level Lot, Sloping Lot, Open Lot
Road Type: State Road, Paved Road
Sewer: Septic Required
Utility Features: Cable Available, Electric Available, Gas Available
Water: Private Well, 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

$ 8,928.43 per month $7,566.93 Principal & Interest $369.83 Property Tax $991.67 Homeowner's Insurance

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