NOT LISTED FOR SALE

00 Roxbury Rd Niantic, CT 06357

74 Acres
-- Price per Acre
3,214,728 Sq Ft Lot

Last Sold December 02, 2016

Last sale price $500,000

937 Days on Market

Highlights

  • 73.8 Acre Lot
  • East Lyme Middle School Rated A-
  • Interior Lot

About This Lot

As of December 2016

This 73 acre property represents an extraordinary opportunity for the savvy investor. Conveniently located only minutes from I95 & the village of Niantic, this select site combines ease of access with the small-town atmosphere of Niantic, named Fan-Favorite "Still Revolutionary" Town of the Year 2013 by the CT Office of Tourism. Located off Roxbury Road, this rich, virtually undisturbed wooded site combines natural beauty with all of the elements necessary for a successful venture. First, the topography: the high ground is to the north, with a gentle slope to the south & a second high point in the middle of the property. This will allow a dramatic touch to the design of any development, along with hours of warming sunlight throughout the day. Now add in rich soil & ample water supply, & you have the perfect setting for a winery or horse farm. Either would be ideal uses of this unique property that would also lend itself wonderfully to an upscale housing development or any type of commercial venture, thanks to the easily accessed water line on Roxbury Road. Still a pristine setting, the property is crisscrossed by farmers’ stone walls from long ago. These stones, with their lichen coatings, add a sense of color, texture & history, & would add an exclusive touch in foundations, walls or pillars. Along with these stones, the property is home to quarries of pink granite, some of which was mined for use in Grand Central Station. The applications are virtually unlimited.

Last Agent to Sell the Property

The Bowes Team

RE/MAX on the Bay License #REB.0790080 Listed on: 12/01/2013

RE/MAX on the Bay

Last Buyer's Agent

Patrick Papuga

CENTURY 21 Shutters & Sails License #RES.0760171

CENTURY 21 Shutters & Sails

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $249

Year Built

  • Built in 1978

Lot Details

  • 73.8 Acre Lot
  • Interior Lot

Schools

  • Pboe Elementary School

Utilities

  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$249

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Neighborhood: Niantic
  • Property Type: Lots and Land For Sale
  • Potential Short Sale: No
  • Year Built: 1978
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Encumbrances Restrictions: Inland-Wetland Restrictions
  • Directions: From RT 161, (Pennsylvania Avenue), turn onto Roxbury Rd. Property is across the street from #95 Roxbury Rd.
  • Special Features: None

Interior Features

  • Interior Amenities: Cable - Available
  • Attic: No
  • Street Number Modifier: 00

Exterior Features

  • Road Frontage Description: Paved Road, Municipal Street
  • Road Frontage Approximate: 1400

Utilities

  • Water Source: Public Water In Street

Schools

  • Elementary School: PBOE
  • High School: Per Board of Ed

Lot Info

  • Acres: 73.8000
  • Lot Description: Interior Lot
  • Development Status: Possible Subdivide, Raw Land
  • Zoning: Residential
  • Property Info: Horse Property

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 249
  • Total Assessed Value: 9820
  • Mil Rate Total: 25.360
  • Assessor Parcel Number: 1468051

MLS Schools

  • Elementary School: PBOE
  • High School: Per Board of Ed

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2016 12/02/16 Sold $500,000 -33.3% --
06/25/2016 06/25/16 Pending -- -- --
12/01/2013 12/01/13 For Sale $749,900 -- --
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: E272092

SmartMLS