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    Equestrian Estate with Indoor Arena Title is generated by Realmo AI

    176 Shailor Hill Road, Colchester, CT 06415

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    For Sale
    $1,100,000

    16-acre equestrian property with a 5,100 sq. ft. post-and-beam barn, climate office, and year-round indoor riding arena.

    Type:Land or Vacant Lot
    Property size:
    5,100 SF
    Lot size:
    16.00 Acres
    Price / SF:
    $215/SF
    Added:
    Jun 3, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 4 at 1:55 am

    Property Features for 176 Shailor Hill Road

    General Information

    Standard status
    Active
    Size
    5,100 SF
    Lot size
    16.00 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    AMY RIO
    AMY RIO

    Listing agent AMY RIO License #3334578

    Listing office Executive Real Estate Inc.

    Listing date Jun 3, 2026

    Source Corcoran

    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 Executive Real Estate Inc.

    HighLights

    • 16‑acre equestrian estate with direct access to scenic riding trails leading to the Salmon River and Priam Vineyards
    • 5,100 sq. ft. post‑and‑beam barn with 12 custom 12x12 matted stalls featuring hay drops, fans, and security cameras
    • Climate‑controlled office and lounge in the barn with kitchenette and full bath, plus individual tack lockers
    • 70x120 indoor arena for year‑round training and riding
    • Two outdoor arenas: lighted 65x65 arena plus 65x120 arena
    • Eleven wood‑fenced paddocks with convenient water access for turnout

    Overview

    Set on 16 acres, this equestrian estate is built around a standout 5,100 sq. ft. post-and-beam barn designed for daily training and comfortable on-site living. The facility features 12 custom 12x12 matted stalls with unique stall fronts, along with hay drops, fans, and security cameras. A climate-controlled office and lounge includes a kitchenette and a full bath, and each stall is supported by individual tack lockers for organized storage. Training infrastructure is extensive, with a 70x120 indoor arena for year-round riding, plus two outdoor arenas including a lighted 65x65 arena and a 65x120 arena suited for riding, training, or events. Turnout is supported by 11 well-maintained paddocks with wood fencing and convenient water access.

    The property offers direct access to scenic riding trails that lead to the Salmon River and Priam Vineyards, supporting an on-the-horse lifestyle with easy trail connections beyond the arena facilities.

    For professional or recreational horse enthusiasts, this layout combines high-function stall accommodations, indoor training space, and multiple outdoor rings, while the paddock setup supports practical daily turnout. The on-site climate-controlled office and lounge with full bath provide a workable base for training schedules and time spent between rides, and the tack storage is designed to keep equipment organized.
    Location Intelligence

    Current Use by Public Records

    Blueberry Ridge Dressage Horse Boarding Stable

    Suggested Use

    Hotel & Motel Kitchen & Bath Showroom Electrical Service Plumbing Service Arcade & Gaming Center (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Colchester
    County
    New London
    State
    Connecticut
    Longitude
    -72.41917
    Latitude
    41.57181

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    FAQs

    What type of property is this?
    Horse & equestrian property - 16-acre equestrian property with a 5,100 sq. ft. post-and-beam barn, climate office, and year-round indoor riding arena.
    Where is this horse & equestrian property located?
    The property is located at 176 Shailor Hill Road Colchester, CT.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: 16‑acre equestrian estate with direct access to scenic riding trails leading to the Salmon River and Priam Vineyards; 5,100 sq. ft. post‑and‑beam barn with 12 custom 12x12 matted stalls featuring hay drops, fans, and security cameras; Climate‑controlled office and lounge in the barn with kitchenette and full bath, plus individual tack lockers
    (860) 633-8800
    We can help!
    Listing Contact
    AMY RIO
    AMY RIO
    Real Estate License ID: 3334578
    Learn More
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    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.

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    176 Shailor Hill Road, Colchester, CT 06415
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