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Large Connecticut Farm with Income
For Sale
$4,100,000

148 & 153 Wallingford Road, Durham, CT 06422

Over 400-acre farm with multiple rental income opportunities.

Property SizeContact for details
Lot Size414.50 Acres
Days on Market828

Property Features for 148 & 153 Wallingford Road

General Information

Standard status Active
Lot size 414.50 Acres
Property subtype Lots/Land

Taxes and HOA fees

Annual Taxes $15,052
Listing Agency: Century 21 AllPoints Realty
Listed By: Gary Dobratz · License #RES.0777787
Source: Exitrealty
Added: May 6, 2024 Changed: Aug 8 Last Checked: Aug 10 at 4:11AM

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 Century 21 AllPoints Realty

Investment Insights

Based on property information with market context.

The Greenbacker Brookfield, a farm exceeding 400 acres, represents one of the largest agricultural properties currently available in Connecticut. Having been operational for over a century, this farm presents an opportunity for either a multi-generational family or an investor. The property includes seven houses with a total of 29 bedrooms. The current owners occupy four of the houses and lease the remaining three. In addition to residential rentals, the farm offers several other rental income streams. These include 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 4-bay garage, a dairy barn, and chicken coops. The property also generates income from leasing land for various purposes, including growing crops (92 acres currently leased), Durham Fair parking, pastureland (20 acres currently leased), a hunt club (land currently leased), and equestrian activities (stable & indoor/outdoor riding currently leased), as well as dairy farming. Potential additional income streams could be realized through establishing a farm stand, cultivating grapes for a winery, selling Christmas trees, or growing blueberries. A State of Connecticut Conservation Restriction mandates that the property remain agricultural in nature, according to development rights acquired by the state approximately 70 years ago.

Key Highlights

  • Over 400 acres, significantly larger than the average Connecticut farm.
  • Multiple income streams from existing rentals: houses, horse barn, stables, cropland, pastureland, hunt club, and equestrian facilities.
  • Seven houses with a total of 29 bedrooms, suitable for a large or multi‑generational family.

Property Analytics

Current Use

Farms

Suggested Use

Top Pick Building Supply Restaurant Plumbing Service Garden Center Kitchen & Bath Showroom Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby

Demographics for 06422, CT

7,152
Population
3,080
Households
2.3
Avg Household Size
46
Median Age
48%
College-Educated
94%
High-School Grad
23.7 sq mi
ZIP Area
302
Density / Sq Mi
$151,875
Median Household Income
$68,442
Median Earnings
$1,520
Median Rent
$405,100
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Farm - Over 400-acre farm with multiple rental income opportunities.
Where is this farm located?
The property is located at 148 & 153 Wallingford Road 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.; Multiple income streams from existing rentals: houses, horse barn, stables, cropland, pastureland, hunt club, and equestrian facilities.; Seven houses with a total of 29 bedrooms, suitable for a large or multi‑generational family.
More about this property
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