Development Opportunity in Bethel,
For Sale
$1,400,000
Pending
48 & 50 Nashville Rd, Bethel, CT 06801
4.36 acres in R-10 zone near downtown Bethel.
Property Size3,569 SF
Lot Size4.36 Acres
Days on Market253
Property Features for 48 & 50 Nashville Rd
General Information
Standard status
Pending
Size
3,569 SF
Lot size
4.36 Acres
Property subtype
Multi Family
Building Details
Building Size
3,569 SF
Year Built
1950
Listing Agency:
Howard Hanna Rand Realty
(203) 470-2678
Listed By:
Jim Dilillo
(203) 470-2678
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:55AM
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 Howard Hanna Rand Realty
Investment Insights
Based on property information with market context.
This property presents a development opportunity with two existing homes, a single-family and a two-family, situated on 4.36 acres in an R-10 zone, conveniently located near downtown Bethel. The existing homes, which do not need to be removed for development, currently generate $7950 in monthly income. Approximately 4 undeveloped acres remain, offering adequate road frontage for access to a potential development project. Possible development ideas include a 55 or better community, condos, or single-family homes. The current owner has a development plan, not yet proposed to the town, that includes additional rental units and for-sale condos. City water and sewer, as well as natural gas, are accessible for development projects.
Key Highlights
- Development potential on 4.36 acres in R‑10 zone near downtown Bethel.
- Existing rental income of $7950 per month from two homes.
- Approximately 4 undeveloped acres with road frontage.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
670
Businesses Nearby
Explore this area
Business Placement
Demographics for 06801, CT
20,245
Population
7,907
Households
2.6
Avg Household Size
43
Median Age
45%
College-Educated
91%
High-School Grad
16.9 sq mi
ZIP Area
1,198
Density / Sq Mi
$115,135
Median Household Income
$52,886
Median Earnings
$1,458
Median Rent
$426,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 4.36 acres in R-10 zone near downtown Bethel.
Where is this residential land & home lot located?
The property is located at 48 & 50 Nashville Rd Bethel, CT.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Development potential on 4.36 acres in R‑10 zone near downtown Bethel.; Existing rental income of $7950 per month from two homes.; Approximately 4 undeveloped acres with road frontage.
