Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Winchester Land Near Highland Lake Title is generated by Realmo AI

    105 107 Mountain Road, Winchester, CT 06098

    View on Map
    Claim this Listing
    For Sale
    $59,900

    LAND - Winchester, CT

    Lot size:
    0.41 Acres
    Added:
    Jan 1, 2024
    Days on Market:
    887
    Last Refresh:
    Jun 6 at 3:06 am

    Property Features for 105 107 Mountain Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    HL
    Standard status
    Active
    Lot size
    0.41 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    794

    Utilities

    Water source
    Well Needed

    We can help!

    Listing Contact
    David D'Amore

    Listing agent David D'Amore License #REB.0158950

    Listing office Northwest CT Realty 98 Main Street, Winsted, CT

    Listing date Jan 1, 2024

    MLS# 170616672 Listing URL

    Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Contiguous parcels of land at 105 & 107 Mountain Road
    • Right of way to Highland Lake water frontage within walking distance
    • Seller financing available with 15% down payment
    • Deed, site plan, percolation tests, survey, and septic testing documents available
    • Possible city sewer access
    • Located on Mountain Road

    Overview

    The contiguous parcels at 105 & 107 Mountain Road are located on a dirt road. The deed indicates a right of way to Highland Lake water frontage within walking distance. Documents including the deed, site plan, percolation tests, survey, and septic testing are available. Possible city sewer access is available at the buyer's expense. The seller will consider financing with a minimum of 15% down payment for a 2-year balloon mortgage at 7.5% with a 30-year amortization schedule. The lot size is 0.41 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Spa & Massage Center Hair Salon Nail Salon Hotel & Motel Pet Store Pet Grooming Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Winchester
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.093835
    Latitude
    41.889234

    Nearby Similar for Sale

    • $250,000
      2,177 SF

      Turnkey Restaurant in Litchfield County

      Award-winning restaurant with loyal customer base and high-traffic location.
      436 Main Street, Winchester, CT 06098
      View Details
    • $399,000
      2,779 SF

      Victorian Two-Family Home, Winchester CT

      Well-maintained Victorian two-family home in a prime location.
      217 Walnut Street, Winchester, CT 06098
      View Details
    • $280,000
      4,852 SF

      Corner Retail-Office Building

      Flexible interior layout with dedicated office and restrooms, zoned Town Center for multiple retail and service uses.
      1 Lake Street, Winchester, CT 06098
      View Details
    • $595,000
      9,438 SF

      Versatile Commercial Building with Visibility

      Adaptable building suitable for retail, storage, or automotive businesses.
      45 Willow Street, Winchester, CT 06098
      View Details
    • $595,000

      Versatile Commercial Property in Winchester

      Adaptable building suitable for retail, storage, or automotive uses.
      45 Willow St, Winchester, CT 06098
      View Details
    • $899,000
      11,972 SF

      Historic Theater with Multiple Income

      Unique commercial property with theater, restaurant, and bar.
      354 Main Street, Winchester, CT 06098
      View Details
    • $449,000
      5,016 SF

      Victorian Property with Development Potential

      Versatile Victorian property in Winchester, CT with development potential.
      55 Walnut Street, Winchester, CT 06098
      View Details
    • $174,900

      Water-View Residential Lake Lot

      Buildable lake-view parcel near Highland Lake, suited for a residential home in Winchester, Connecticut.
      624 Wynne Road, Winchester, CT 06098
      View Details
    • $1,900,000
      12,000 SF

      New 12,000 SF Steel Building

      Newly constructed flex space with expansion potential on 20+ acres.
      144 Rowley St, Winchester, CT 06098
      View Details
    • $290,000
      4,852 SF

      Prime Commercial Property, Winchester CT

      Versatile commercial building in Litchfield County with customization options.
      1 Lake St, Winchester, CT 06098
      View Details
    • $879,990

      Rare Land Opportunity in Winchester

      Large land parcel in Litchfield County with natural beauty.
      000000 Norfolk Road, Winchester, CT 06098
      View Details
    • $200,000

      Private Winchester Land for Dream Home

      Private, wooded 15.9-acre hilltop building site in Winchester Center, CT.
      Chapel Road, Winchester, CT 06098
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Contiguous parcels near Highland Lake with potential city sewer access.
    Where is this residential land & home lot located?
    The property is located at 105 107 Mountain Road Winchester, CT.
    What is the asking price?
    The asking price for this property is $59,900.
    What are key features of this property?
    This property features: Contiguous parcels of land at 105 & 107 Mountain Road; Right of way to Highland Lake water frontage within walking distance; Seller financing available with 15% down payment
    (860) 485-3508
    We can help!
    Listing Contact
    David D'Amore
    Real Estate License ID: REB.0158950
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    105,107 Mountain Road, Winchester, CT 06098
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!