$5,900,000 220 Middlesex Turnpike Old Saybrook, CT

MLS: 170447223   Type: Land   County: Middlesex   City: Old Saybrook   Zip: 06475   Style: Commercial Land     Stories: 1   Taxes: $14,604

Mortgage $27,699 /mo

Beds

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Sqr Footage

Acres

Built

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124.08

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124+ Acres! Beautiful property with spectacular view of the Connecticut River and Long Island Sound. This expansive land was originally purchased in 1926 as farmland, which provided the gravel to fill in Boston's Inner Harbor and helped supply water to old steam engines. Now, nearly a century later and cradled between Rt. 9 and I-95, it is a "Developers Dream".....either commercial or residential. The many unique features of the property include stunning views and a 20 acre lake with a beach and restrooms. Additional adjacent land also available. Extensive due diligence completed by seller's. Copies of survey's and original deed available. Seller's main interest is to be sold to a developer. Owner's would consider delaying closing until permits are approved. Town of Old Saybrook and DEEP are willing to assist buyer in developing the property.

Elementary School

Middle School

High School

Per Board Of Ed
Distance: N/A Miles
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Distance: N/A Miles
Per Board Of Ed
Distance: N/A Miles

Price History

11/13/2021 Listed $5,900,000

Acres 124.0800
Elementary School Per Board of Ed
HOA Y/N No
High School Per Board of Ed
Location Highway Access, Downtown, Park, Shopping Mall, Strip Mall
Nearby Amenities Golf Course, Lake, Medical Facilities, Park, Public Rec Facilities, Public Transportation, Shopping/Mall
Neighborhood N/A
Property Type Lots and Land For Sale
Status Active
Sub Type Commercial Land
Tax Year July 2022-June 2023
Utilities Available None/Unknown
Virtual Tour https://app.immoviewer.com/landing/unbranded/61900aa911184451e5de19e2
Virtual Tour Yn No
Waterfront Description Frontage, Beach, View
Zoning AA-1

Exterior Features

Direct Waterfront Yn Yes
Lot Description Farm Land, May be Subdividable, Additional Land Avail., Water View, Lightly Wooded
Lot Improvements None
Lots Number Of 1
Road Frontage Approximate 260
Road Frontage Description Interstate Highway, U.S. Highway, State Road
Sewage System Septic Required
Water Source Public Water Connected

Property Schools



Direct Link:

https://properties.gogallagher.com/property/162-170447223-220-Middlesex-Turnpike-Old-Saybrook-CT-06475

Gallery (11 photos)

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Property vs Zip Code Avg (06475)

Price 5.90M Avg 1.34M

Taxes $14,604 Avg $5,057

Acres 124.08 Avg 20.41

Visits 126 Avg 23

Days on Site 276 Avg 121

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Listed By: Matthew Merritt with William Pitt Sotheby's Int'l




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Location & Address

Gallagher Real Estate
1763 Northampton St
Holyoke, MA
413-314-2694
413-532-7270