64 Whippoorwill Road
Franklin, CT, 06254 $ 550,000
Baths0.0 Monthly Estimate*
$ 3,431
Studio for $550,000. The lot size is 27.47.
Farm, Luxury Home or Possibly Affordable Housing. Rare 27.47-Acre Estate or Development Parcel in Franklin's Countryside This expansive 27.47-acre tract on Whipporwill Hollow Road offers a unique blend of privacy, scale and flexibility - ideal for a luxury estate build or as a development site with potential for affordable housing. Property Highlights Generous acreage - With nearly 28 contiguous acres, this parcel stands out in a region where large tracts are increasingly scarce. Estate potential - For the buyer seeking a bespoke home, this site offers space for a main residence, guest house or pool, expansive lawns or meadows, wooded buffer zones and sweeping rural views. Affordable-housing/leverage potential - Given the near-term market dynamics and local policy context (see below), the land may also support a development scheme incorporating deed-restricted affordable units or mixed-income housing, subject to zoning, approvals and infrastructure. Quiet accessibility - Whipporwill Hollow Road offers the tranquility of rural Connecticut with reasonable access to nearby amenities. Natural setting & lifestyle appeal - Mature trees, open clearings and the serene setting combine to create a country lifestyle with room to roam, garden, ride, hike or simply retreat. Local Context - Affordable Housing Ratio According to the Town of Franklin's most recent Plan of Conservation & Development (effective November 1, 2023), the affordable housing inventory - measured under Connecticut General Statute 830g (which counts certain deed-restricted, income-qualified units) - is approximately 5.97% of the town's housing stock. Because Franklin has not yet reached the 10 % threshold, it remains subject to the appeals provisions of 8-30g; local policy guidance even recommends that future larger residential development proposals include at least 10 % of units as affordable. Franklin CT In broader reporting, Franklin was noted with an approximate 3.9 % affordable rate in earlier years - reflecting recent incremental increases. Why This Matters For an estate buyer: The low percentage of affordable housing in town reinforces the rarity of development opportunities like this, and the land's scale gives significant flexibility in layout, design and landscaping. For a developer or investor targeting affordable/mixed-income: The town's sub-10 % ratio means this community remains eligible for the 8-30g "safe harbor" appeals path - meaning proposals with deed-restricted affordable units may have an easier path under state law. For a hybrid or long-term investor: The property's size and rural character allow for phasing-start with an estate build and later subdivide or develop part of the parcel for affordable or workforce housing when market and approvals align. Use-Case Ideas Luxury Estate: Nestle a signature home and outbuildings among woodlands and meadows, with private drive, pond or pool, and expansive grounds for recreation or equestrian use. Estate + Guest/Staff Wing: Create a multi-structure compound - main house, guest cottage or caretaker's unit, barn or studio space - leaving the remainder of the acreage as preserved natural lands or future build-sites. Affordable Housing/Mixed-Income Project: Partner with a housing nonprofit or developer to craft a plan where a portion of the acreage is subdivided for smaller-scale residential units, workforce cottages or multifamily units with deed-restricted affordable homes, while the rest remains open or residential. Combination Strategy: Build the estate now and hold a portion of the acreage for future development
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FeaturesGeneralZoning R080
Neighborhood N/A
County New London
Tax Year July 2024-June 2025
Location Rural
Property Type Lots and Land For Sale
Status Active
Acres 27.47
Directions gps
High School Per Board of Ed
City Franklin
Elementary School Per Board of Ed
Sq Ft Total 0
DOM 0
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InteriorUtilities Available Cable Available Electric Available
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ExteriorWater Source Private Well
Lot Improvements None
Lot Description Lightly Wooded Level Lot Cleared
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* Excluded FeaturesList BySteve SchappertListing Agent
Connecticut Real EstateBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,431
- Monthly Property Taxes
- $189
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Franklin, CT
Average List Price $474,980
Percent of Sale Price 14%
About Franklin, CT 1,969 Population
7% Since 2002
$ 94,342 Median Income
46.94 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
3092524 Elementary School
1232933 Middle School
Per Board of Ed High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/5/2025 | $550,000 | | Listed Price |