Approved 55+ Housing Development
For Sale
$699,000
61 Deerwood Drive, Killingly, CT 06239
51 approved housing units for 55+ community in Killingly.
Property SizeContact for details
Lot Size84.50 Acres
Days on Market1191
Property Features for 61 Deerwood Drive
General Information
Standard status
Active
Lot size
84.50 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$15,334
Amenities
In Subdivision
Listing Agency:
Lyman Real Estate
(860) 887-5000
Listed By:
RON LYMAN · License #REB.0417795
Source:
Corcoran
Added: May 10, 2023
Changed: Aug 8
Last Checked: Aug 8 at 2:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyman Real Estate
Investment Insights
Based on property information with market context.
This property features 51 fully approved housing units for a 55+ community, planned for construction in Phases III and IV of the Briarwood Falls development. It is located within minutes of Killingly Center and Killingly Commons, and approximately a half-hour from casinos. Full site plans are available, including architectural drawings for 1,250, 1,450, and 1,600 square foot designs from the first two phases. All utilities are available. A 2025 revised estimate places the road and utility costs at $65,667 per lot. The last two units sold in 2025 for $495,000 and $525,000, closing over the asking price in less than 20 days.
Key Highlights
- Fully approved for 51 units of 55+ housing.
- Proven market demand: Last 2 units sold in 2025 closed over asking price in under 20 days.
- Available architectural drawings for 1,250, 1,450, and 1,600 square foot designs.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
141
Businesses Nearby
Explore this area
Business Placement
Demographics for 06239, CT
11,410
Population
4,936
Households
2.3
Avg Household Size
42
Median Age
23%
College-Educated
91%
High-School Grad
23.1 sq mi
ZIP Area
494
Density / Sq Mi
$80,383
Median Household Income
$46,598
Median Earnings
$1,133
Median Rent
$261,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 51 approved housing units for 55+ community in Killingly.
Where is this residential land & home lot located?
The property is located at 61 Deerwood Drive Killingly, CT.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Fully approved for 51 units of 55+ housing.; Proven market demand: Last 2 units sold in 2025 closed over asking price in under 20 days.; Available architectural drawings for 1,250, 1,450, and 1,600 square foot designs.
