418R Madison Road Durham, CT 06422

$1,100,000
418R Madison Road, Durham, CT 06422
170079305

Lots and Land for sale in Durham, CT

for $1,100,000. The lot size is 73.6400 Acre(s).

Property Information

  • $1,100,000
  • Lots and Land
  • Taxes are $13,349
  • Residential Land
  • Active
  • Lot size of 73.6400 Acre(s)
  • Durham, CT
  • MLS/Web ID is 170079305

Description

418R Madison Road is a highly desirable development site available in Durham on Madison Road (Route 79). The property is a 73.64+/- acre site just south of the center of Durham and an easy drive to Madison's Town Center. The site has previous approvals for 46 detached condominium units of age restricted housing. New approvals would be necessary for completion of the development. Extensive architectural and engineering design work has been drafted. The site has some of the nicest vistas in the area and would be suitable for residential development. The entire site is available for $1, 100, 000. The property is located within the south-central portion of Durham and fronts along the easterly side of Madison Road (Route 79). The land area is comprised of two parcels that combine to offer 73.64 acres. The land offers an irregular configuration. The topography is varied throughout and, contains scattered, designated inland-wetlands. A pond is located on the larger of the two parcels along with a conservation easement that forms the northerly border. This area accounts for 6 acres. The parcel falls within the FEMA Zone X - areas outside the 500 year flood plain. There is a dilapidated 2800 square foot structure located on the property.

Interior 2

Sewer

  • Septic System Required

Water Source

  • Private Well

Exterior 2

Lot Description

  • Open Lot
  • Other
  • Subdivision
  • Wetlands

Road Frontage

  • State Road

Miscellaneous 3

Documents

  • Appraisal
  • Demograph
  • Feasibility
  • Perc Test
  • Septic Approval
  • Septic Design
  • Site Plan
  • Soil Map(s) Available
  • Survey
  • Topo Map

Location

  • Highway Access
  • Rural

Utilities

  • Electric Available

† Excluded Feature

Neighborhood & Schools

High School: Per Board of Ed

 See complete school information

Listed By

Listing Agent: John Campbell
Broker: PAGE TAFT - CHRISTIE'S IRE

418R Madison Road, Durham, CT, 06422 is a Lots and Land for sale at $1,100,000 with a lot size of 73.6400 Acre(s). 418R Madison Road has 0.0 baths. The property's zip code is 06422 which is in Durham, CT

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Market Pricing

Average % of sale price Median % of sale price
All listings in Durham $430,567 61 % below $352,500 68 % below
Lots and land listings in Durham $457,987 58 % below $295,000 73 % below

Get the facts about Durham, CT!

Population 7,447
Population Growth (since 2000) 12 %
Median Income $123,004
Median Age 45.61
Households w/ Children 40 %

Residential Dwellings

  • Owned 2418
  • Vacant 74
  • Rented 213

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Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363