$259,000

259 Ference Rd Ashford, CT 06278

Estimated payment $1,925/month

Total Views 3,573
3 Beds
2 Baths
3,243 Sq Ft
$80 Price per Sq Ft

Highlights

  • 3.52 Acre Lot
  • Attic
  • Walking Distance to Water
  • E.O. Smith High School Rated A-

About This Home

Rare value-add and redevelopment opportunity situated on 3.5 acres with over 3,200 square feet of existing space. Currently configured as a mixed-use commercial property, this expansive parcel offers strong potential for multifamily conversion, redevelopment, expansion, mixed-use investment, income-producing use, or possible additional building opportunities, subject to buyer due diligence and local approvals. Ideal opportunity for investors, developers, contractors, or those seeking a long-term development play with substantial upside potential. Conveniently located with ample possibilities for repositioning and future use. Property to be sold strictly as-is. Buyer to perform all due diligence regarding zoning, approvals, permitted uses, subdivision potential, and development possibilities.

Listing Agent

Michelle Gutierrez

Social & Co Realty Brokerage Phone: (203) 556-6608 License #RES.0832182 Listed on: 05/26/2026

Co-Listing Agent

Joseph Tracey

Social & Co Realty Brokerage Phone: (203) 556-6608 License #RES.0805092

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,262

Year Built

  • Built in 1945

Parking

  • 10 Parking Spaces

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 3,243 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Attic

  • Walkup Attic
  • Unfinished Attic

Schools

  • Ashford Elementary School
  • Smith High School

Utilities

  • Heating System Uses Oil
  • Private Company Owned Well
  • Oil Water Heater
  • Fuel Tank Located in Basement

Additional Features

  • Walking Distance to Water
  • 3.52 Acre Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1670625

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,262

Year Built

Built in 1945

Lot Details

3.52 Acres

Listing Details

  • Neighborhood: Lake Chaffee
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3243
  • Total Sq Ft: 3243
  • Year Built: 1945
  • New Construction: No/Resale
  • Remarks Public Addendum: Positioned to benefit from Connecticut's evolving pro-housing and multifamily development initiatives, this property presents exceptional long-term redevelopment and value-add potential. Recent statewide zoning and housing reform efforts aimed at encouraging middle housing, multifamily growth, mixed-use redevelopment, and higher-density residential opportunities may create significant upside for investors and developers. Buyer to perform all due diligence regarding zoning, permitted uses, subdivision potential, multifamily conversion, and future development opportunities.
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: Per GPS
  • Street Type: Road
  • Office Attribution Contact: (203) 484-8061
  • Reserve Prospect: Yes
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Unfinished, Walk-up
  • Basement Description: Full, Unfinished
  • Attic: Yes

Exterior Features

  • Exterior Siding: Vinyl Siding, Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 10
  • Garage And Parking: Paved, Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil, Tank Size Unknown
  • Water Source: Private Well
  • Sewer: Septic

Lot Info

  • Acres: 3.52
  • Lot Description: Treed Level Lot
  • Zoning: C
  • Parcel #: 1670625

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 6262

MLS Schools

  • Elementary School: Ashford
  • High School: Smith

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/26/2026 05/26/26 For Sale $259,000 -- $80 / Sq Ft
Source: SmartMLS

Source: SmartMLS

MLS Number: 24178360

SmartMLS
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