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153 Wallingford Road
Durham, Connecticut
$2,800,000 Price
15 Bedrooms  
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Photo 1 of 153 Wallingford Road, Durham, Connecticut, $2,800,000, Web #: 24045388Previous PhotoNext Photo1 of 13

This unique farm complex is comprised of an equestrian area for 40 horses +, 5 residential houses and more. It has been in operation for over 100 years and is ready for new multi-generation owners to take the reins or for a progressive investor. There is nearly 280 acres...

This unique farm complex is comprised of an equestrian area for 40 horses +, 5 residential houses and more. It has been in operation for over 100 years and is ready for new multi-generation owners to take the reins or for a progressive investor. There is nearly 280 acres of outstanding land, a pond, pastureland, rolling hills, stalls for 40+ horses and much more. There is, also, an outstanding mix of 5 houses that have 22 bedrooms for the families to share. The current owners are using 2 houses and renting 3 other homes. The investor may generate rental income from the farm's 5 residential homes and 1. a Two story 35x50 horse barn, 2.a 35x80 stable with 1.5 story horse stalls. 3 a Barn with double row stalls, 4. a 4-bay garage, etc.. These items may also be considered depreciable property (see your tax advisor). Other sources of income from the farm would include leases for pasture land and equestrian rental of the stable & indoor/outdoor riding, which is currently leased). Potential income may come from establishing a farm stand, growing grapes/ winery, Christmas tree sales, blue berries, and more The State of Connecticut Conservation Restriction requires this property to be 'agriculture in nature' according to development rights the state acquired approximately 70 years ago.

Listing courtesy of Century 21 Allpoints Realty

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Durham, Connecticut
Type: House
Price: $2,800,000
Re Tax: $33,077
Approx. sqft: 10,623 sf
Web ID: 24045388

Info & Amenities

Type: Single Family
Rooms: 26.0
Bedrooms: 15
Bathrooms: 8.0
Built: 1820
Woodburning fireplaces: 1

Map of Area for 153 Wallingford Road

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