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148 Wallingford Rd Durham, CT 06422

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For Sale
$4,100,000

Over 400-acre farm with multiple rental income streams.

Lot size:
414.50 Acres

Property Features for 148 Wallingford Rd

General Information

Standard status
Active
Lot size
414.50 Acres

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Listing Contact
Gary Dobratz
Gary Dobratz
Source: Corcoran

Listing Agency: Century 21 AllPoints Realty Listing Agent: Gary Dobratz

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Large Operating Farm with Rental Income

This expansive farm, encompassing over 400 acres, has been in operation for over a century. It features seven houses with a total of 29 bedrooms, offering ample accommodation. The current owners occupy four houses and rent out the remaining three. Additional rental income is generated from various farm structures, including a two-story 35x50 horse barn, a 35x80 stable with 1.5-story horse stalls, a barn with double-row stalls and an indoor riding arena, a four-bay garage, a dairy barn, and chicken coops. The property includes 92 acres of cropland and 20 acres of pastureland currently leased, as well as land leased for a hunt club and equestrian activities with stable indoor/outdoor riding. Potential income streams could be established through a farm stand, grape growing/winery, Christmas tree sales, and blueberry cultivation. The State of Connecticut Conservation Restriction requires this property to be 'agriculture in nature' according to development rights the state acquired approximately 70 years ago.
Location Intelligence

Current Use by Public Records

Farms

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Nail Salon Hotel & Motel

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

Location Insight

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City
Durham
County
Middlesex
State
Connecticut
Longitude
-72.69951
Latitude
41.475433

FAQs

What type of property is this?
Farm - Over 400-acre farm with multiple rental income streams.
Where is this farm located?
The property is located at 148 Wallingford Rd Durham, CT.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: - Over 400 acres, significantly larger than the average Connecticut farm.; - Seven houses with a total of 29 bedrooms, providing ample accommodation.; - Multiple income-generating opportunities from existing rentals (houses, horse barn, stables, land leases).
More about this property
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