$4,145,000
SOLD APR 30, 2025

520 Bailey Hill Rd Dayville, CT 06241

640 Acres
$6,477 Price per Acre
27,878,400 Sq Ft Lot

Recently Sold

$1,658 Per Sq Ft

57% Below List Price

3,558 Days on Market

Highlights

  • Waterfront
  • 640 Acre Lot
  • Property is near golf course and shops

About This Lot

As of April 2025

50 ACRE SECLUDED LAKE ON 640 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 indicate the feasibility for various other uses including family compound, large estate lots, recreational, corporate headquarters, etc. 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 smaller aircraft.

Last Agent to Sell the Property

J. Thomas Mettling

J. Thomas Mettling License #REB.0463600 Listed on: 07/04/2015

Last Buyer's Agent

J. Thomas Mettling

J. Thomas Mettling License #REB.0463600 Listed on: 07/04/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,349

Lot Details

  • 640 Acre Lot
  • Waterfront
  • 135 Lots in the community
  • Property is zoned Rural

Location

  • Property is near golf course and shops

Schools

  • Pboe Elementary And Middle School
  • Pboe High School

Utilities

  • Well Required
  • Phone Available
  • Cable TV Available

Community Details

  • Tri Lakes,Llc Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1689510

Property Details

Property Type

Land

Est. Annual Taxes

$23,349

Lot Details

640 Acres

Listing Details

  • Neighborhood: East Killingly
  • Property Type: Lots and Land For Sale
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Medical Facilities, Private School(s), Shopping/Mall
  • Property Sub Type: Residential Land
  • Direct Waterfront: Yes
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Land borders Rhode Island state line. From Rte 395 in Killingly, take exit 41 to East on Rte 101 to Bailey Hill Rd. South on Bailey Hill Rd 1 mile to property on the left. Frontage also on North side of Ledge Rd.
  • Financing Used: Other
  • Street Type: Road
  • Special Features: None

Exterior Features

  • Waterfront Description: Pond Brook Lake
  • Road Frontage Description: Municipal Street, Paved Road

Utilities

  • Heat Fuel Type: No Fuel
  • Fuel Tank Location: Non Applicable
  • Water Source: Well Required
  • Sewer: Septic Required
  • Utilities Available: Electric Available, Phone Available, Cable Available
  • Septic Approval: Yes
  • Septic Plan Available: Yes

Schools

  • Intermediate School: PBOE

Lot Info

  • Acres: 640
  • Lot Description: Secluded Treed Borders Open Space Level Lot Rolling Water View
  • Development Status: Approved Subdivide
  • Lot Improvements: Approved Building Lot, Approved Subdivision
  • Lots Number Of: 135
  • Potential Land Uses: Cluster Development, Single Family
  • Subdividable Ynu: Yes
  • Zoning: Rural
  • Parcel #: 1689510

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 23349

MLS Schools

  • Elementary School: PBOE
  • Middle Jr High School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2015
Closed on
Apr 21, 2025
Sold by
Tri-Lakes Llc
Bought by
State Of Connecticut
Seller's Agent
J. Thomas Mettling
J. Thomas Mettling
Buyer's Agent
J. Thomas Mettling
J. Thomas Mettling
List Price
$9,750,000
Sold Price
$4,145,000
Premium/Discount to List
-$5,605,000
-57.49%
Current Estimated Value
$4,215,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,536
Avg. Annual Appreciation
1.94%

Purchase Details

Closed on
Aug 29, 2017
Sold by
Tri Lakes Llc
Bought by
Defranzo Patricia W

Purchase Details

Closed on
Jul 7, 1999
Sold by
Lakeview Land Corp
Bought by
Tri Lakes Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,145,000 None Available
Warranty Deed $4,145,000 None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $850,000 --
Warranty Deed $850,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2025 04/30/25 Sold $4,145,000 -29.7% $1,658 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
06/11/2018 06/11/18 Price Changed $5,900,000 -39.5% $2,360 / Sq Ft
07/04/2015 07/04/15 For Sale $9,750,000 -- $3,900 / Sq Ft
Source: SmartMLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $0 $1,050,320 $858,380 $191,940
2024 $23,349 $1,050,320 $858,380 $191,940
2023 $9,221 $319,380 $202,390 $116,990
2022 $8,604 $319,380 $202,390 $116,990
2021 $5,641 $209,390 $202,390 $7,000
2020 $5,536 $209,390 $202,390 $7,000
2019 $5,603 $209,390 $202,390 $7,000
2017 $5,937 $202,560 $195,560 $7,000
2016 $5,945 $202,560 $195,560 $7,000
2015 $4,619 $157,280 $150,280 $7,000
2014 $4,500 $157,280 $150,280 $7,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: L10060067

SmartMLS

APN: KILL-000143-000000-000006

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