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520 Bailey Hill Road, Killingly, CT 06241

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For Sale

$5,900,000

644.16 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 644.2 acres
    Lot size

Explore this Property

50 ACRE SECLUDED LAKE ON 644 ACRE WILDERNESS TRACT including 3 smaller ponds, 2 streams in Connecticut's quiet Northeast corner. Absolute peace, quiet and security with no public access. With 9,000' of direct water frontage, the lake affords numerous building sites some with sunrise/sunset views along with private boating, swimming and fishing. For the nature lover, this is heaven on earth with abundant wildlife, no traffic noise, unparalleled star gazing. Miles of gravel roads provide vehicular access to the interior hidden lake and ponds. For the developer, the entire tract is approved for 135 cluster lots (30 lots in Phase 1 completely engineered). 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 $9,221). Seller options: 244+/- acres with 15 acre pond $2,500,000 (Listing # 170604362) or 400+/- acres with big lake and 2 smaller ponds $4,500,000 (Listing # 170604053). Distance to Providence 20 miles, Foxwoods Casino 30 mi, Hartford 45 miles, Boston 55 miles, New York City 145 miles. Several major airports are within one hour's drive. Local airstrips are also available for small planes.
MLS# L10060067

Courtesy Of J. Thomas Mettling, Realtor

(860) 485-4363

Property Features

  • Amenities
    Pond, Water Front
  • Architecture Style
    Other
  • Lot Size
    644.16 Acres
  • Roof Type
    Unknown
  • View Type
    Lake, Water

Map and Directions

Directions to 520 Bailey Hill Road, Killingly, CT 06241

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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