7-43 Pierce Rd Rd Preston, CT 06365
This exceptional 75.09-acre property in Preston, Connecticut, presents a unique opportunity for equestrian enthusiasts and developers. Ideally situated in Southeastern Connecticut, near the Mystic Coast and countryside, this land boasts a prime location offering both coastal access and rural tranquility. The property includes two existing homes—a two-bedroom and a three-bedroom residence—providing ample living space for owners or potential rental income. Equine facilities are already established, featuring a main barn and a five-stall horse barn, perfect for housing and caring for horses. Extensive riding trails wind throughout the property, creating a picturesque setting for riding and equestrian activities. The R-80 zoning allows for various development possibilities, making this a versatile investment. With its existing structures and ample acreage, this farm is ready for immediate use or further development to create a premier equestrian center or a luxurious private estate. The property's size and features make it an ideal location for expanding existing facilities or creating new ones, such as riding rings and event areas. This is a rare opportunity to acquire a substantial and well-appointed equestrian property in a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.