Hall Farm Development
For Sale
$4,000,000
436 & 444 Preston Avenue, Meriden, CT 06450
71+ acres of farmland primed for residential development.
Property Size991 SF
Lot Size71.11 Acres
Price / SF$4,036
Days on Market793
Property Features for 436 & 444 Preston Avenue
General Information
Standard status
Active
Size
991 SF
Lot size
71.11 Acres
Property subtype
Lots/Land
Taxes and HOA fees
Annual Taxes
$37,489
Listing Agency:
William Pitt Sotheby's Int'l
(860) 459-5273
Listed By:
Dave L. Mallison · License #RES.0805634
(860) 459-5273
Source:
Exitrealty
Added: Jun 7, 2024
Changed: Aug 8
Last Checked: Aug 8 at 6:09AM
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 William Pitt Sotheby's Int'l
Investment Insights
Based on property information with market context.
The Hall Farm offers a visionary development opportunity on over 71 acres of farmland located on the east side of town. Zoned for suburban/residential use, the land is recognized as a "Greenfield Opportunity Site" in Meriden's Plan of Conservation and Development, suggesting potential for a bespoke neighborhood of single-family homes integrated into the natural landscape. Developers may explore the possibility of duplex units, subject to city approvals. The property is currently improved by a 3238 sq. ft. farmhouse featuring chestnut woodwork and structural members. The location offers proximity to major highways, shopping, hiking at Mt. Higby, and downtown Meriden and Middletown. Envisioned is a blend of residential living with outdoor amenities such as walking trails, community gardens, and recreational facilities. The property could accommodate a community that integrates sustainable farming with residential living.
Key Highlights
- 71+ acres of pristine farmland zoned for suburban/residential development.
- Designated as a "Greenfield Opportunity Site" in Meriden's Plan of Conservation and Development.
- Ideal location with proximity to major highways, shopping, hiking at Mt. Higby, and downtown Meriden/Middletown.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Explore this area
Business Placement
Demographics for 06450, CT
36,007
Population
15,800
Households
2.3
Avg Household Size
40
Median Age
23%
College-Educated
88%
High-School Grad
13.9 sq mi
ZIP Area
2,590
Density / Sq Mi
$68,961
Median Household Income
$44,109
Median Earnings
$1,267
Median Rent
$220,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 71+ acres of farmland primed for residential development.
Where is this residential land & home lot located?
The property is located at 436 & 444 Preston Avenue Meriden, CT.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 71+ acres of pristine farmland zoned for suburban/residential development.; Designated as a "Greenfield Opportunity Site" in Meriden's Plan of Conservation and Development.; Ideal location with proximity to major highways, shopping, hiking at Mt. Higby, and downtown Meriden/Middletown.
