Approved 55+ Housing Development
For Sale
$699,000
61 Deerwood Dr, Killingly, CT 06239
Land with approvals for 51 housing units for sale.
Property SizeContact for details
Lot Size84.50 Acres
Days on Market254
Property Features for 61 Deerwood Dr
General Information
Standard status
Active
Lot size
84.50 Acres
Property subtype
Land
Listing Agency:
Lyman Real Estate Brokerage & Development
(860) 884-4666
Listed By:
Ron Lyman · License #REB.0417795
(860) 884-4666
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 8
Last Checked: Jul 16 at 11:40AM
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 Brokerage & Development
Investment Insights
Based on property information with market context.
This property features 51 fully approved housing units intended for residents aged 55 and over. These units are slated for construction in Phases III & IV of the Briarwood Falls development. The location is within minutes of Killingly Center and Killingly Commons, and approximately a half-hour from casinos. Full site plans are available, including architectural drawings for designs of 1,250, 1,450, and 1,600 square feet, representing the first two phases. 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 under 20 days.
Key Highlights
- Approved for 51 units of 55+ housing.
- Located within minutes of Killingly Center & Killingly Commons.
- Proximity to casinos (half‑hour).
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
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Frequently Asked Questions
What type of property is this?
Land - Land with approvals for 51 housing units for sale.
Where is this land located?
The property is located at 61 Deerwood Dr 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: Approved for **51 units of 55+ housing**.; Located within minutes of Killingly Center & Killingly Commons.; Proximity to casinos (half‑hour).
