
Killingly, CT520 Bailey Hill, East Killingly
Price$5,900,000
Est. Mortgage: $/month
MLS Number L10060067
- Land
- Acreage 645
- MLS Status Active
- Subdivision Tri-Lakes,LLC
- Waterfront
SECLUDED 50 ACRE LAKE ON PRIVATELY OWNED 645 ACRE WILDERNESS TRACT including 3 smaller lakes and 2 streams in Connecticut's quiet Northeast corner. Absolute peace, quiet and security yet only minutes from Rte 395 and community amenities. Located on 2 paved town roads with 3 separate means of ingress and egress, the property boasts an extensive network of miles of drivable gravel roads allowing easy viewing and direct access to hidden lakes and interior. Numerous waterfront building sites on pine and oak studded knolls all have long lake views. For the developer, the parcel is an approved 4 phase 135 lot cluster subdivision ready for development. For the nature lover, this is heaven on earth. Abundant wildlife provides excellent hunting and fishing as well. Zoning regulations allow and recorded engineering data show the feasibility for various other uses including family compound, large estate lots, recreational, corporate headquarters, etc. A monolith tower in a remote corner not visible from a vast majority of the property provides strong cell service (lessee is responsible for annual real estate taxes of $3,378 of the total $8,891). Owner will sell 545+/- acres inclusive of the 3 lakes for $4,900,000 (subject to subdivision approval). Distance to Providence 23 miles, Hartford 50 miles, Boston 65 miles, New York City 155 miles. Several major airports are within one hour's drive. (Owner is a licensed CT RE broker).
Listed by J. Thomas Mettling of J. Thomas Mettling