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Large Connecticut Farm with Income Potential
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148 & 153 Wallingford Road, Durham, CT 06422

Over 400-acre farm with multiple rental income streams.

Property SizeContact for details
Lot Size400.00 Acres
Days on Market671

Property Features for 148 & 153 Wallingford Road

General Information

Standard status Active
Lot size 400.00 Acres
Property subtype Land
Listing Agency: Century 21 Allpoints Realty Wallingford
Listed By: Gary Dobratz · License #CT
Source: Crexi
Added: Oct 8, 2024 Changed: Aug 8 Last Checked: May 13 at 8:08PM

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 Wallingford

Investment Insights

Based on property information with market context.

The Greenbacker Brookfield, a farm spanning over 400 acres, is available for purchase. With a history of over 100 years, this property offers opportunities for a multi-generational family or an investor. The farm includes seven houses with a total of 29 bedrooms. Currently, the owners occupy four houses and rent out the remaining three. Additional rental income can be generated from various structures on the property, including 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 four-bay garage, a dairy barn, and chicken coops. The property also generates income from leasing land for growing crops (92 acres currently leased), Durham Fair parking, pastureland (20 acres currently leased), a hunt club (land currently leased), and equestrian rentals (stable & indoor/outdoor riding, currently leased). Potential income streams could be established through a farm stand, growing grapes for a winery, Christmas tree sales, and blueberry cultivation. Note that a State of Connecticut Conservation Restriction requires the property to remain 'agriculture in nature' due to development rights acquired by the state approximately 70 years ago.

Key Highlights

  • Over 400 acres, significantly larger than the average Connecticut farm.
  • Seven houses with 29 bedrooms, providing ample accommodation.
  • Multiple income‑generating rental properties including horse barns, stables, and garages.

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 streams.
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.; Seven houses with **29 bedrooms, providing ample accommodation**.; Multiple income‑generating rental properties including horse barns, stables, and garages.
(860) 621-8378 Call to check price and availability
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