241 Black Rock Tpke Redding, CT 06896
This exceptional Normandy-style chateau, situated on a sprawling 19.38-acre estate in Redding, CT, presents a unique investment opportunity. The 17,548 square foot property boasts exquisite architectural details, including imported European windows, reclaimed wood beams, and historic slate roof tiles. The idyllic setting features lush gardens, open pastures, and stunning lake views with a private dock. A heated in-ground pool and spa, sauna, movie theater, and wet bar enhance the luxurious lifestyle this property offers. The sophisticated infrastructure includes a fire sprinkler system, high-efficiency Buderus boilers, a full-house generator, and two floors of radiant heat. Its prime location at the intersection of Cross Highway, Black Rock Turnpike, and Newtown Turnpike ensures convenient access. The property's zoning allows for a variety of uses, including, but not limited to, a private school, bed and breakfast (with owner occupancy), places of worship, museum, art gallery, playhouse, or other similar cultural institutions. Development as a corporate retreat or luxury wedding venue is also highly feasible, given the existing amenities and ample space. The potential for a curated farm-to-table experience is also present, with the ability to grow vegetables and herbs on-site. While a country club or equestrian center may require additional variances or zoning amendments, the existing infrastructure and acreage provide a strong foundation for such ventures. This is a truly remarkable property with significant potential for diverse and lucrative uses.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.