148 & 153 Wallingford Road, Durham, Connecticut

$4,100,000

Previous Next

414.50

Acres

About 148 & 153 Wallingford Road

The Greenbacker Brookfield is one of the largest farms now on the Connecticut market with over 400 acres. It has been in operation for over 100 years and is ready now for a new multi-generation family to take the reins or for a progressive investor. There is ample accommodation with 7 houses that have 29 bedrooms for the family to share. (The average size farm in CT is approximately 80 acres). The current owners are using 4 houses and renting 3 other homes. The investor agriculture buyer may also generate rental income from the farm's other rental property; 1. a Two story 35x50 horse barn, 2.a 35x80 stable with 1.5 story horse stalls. 3 a. Barn with double row stalls and indoor riding arena, 4. a 4-bay garage, 5. Dairy barn, and Chicken coops, etc.. These items may also be considered depreciable property (see your tax advisor). Other sources of income from the farm would include renting land for; 1, growing crops (92 acres of cropland leased, currently), 2, Durham Fair parking. 3, pastureland (20 acres of pasture leased, currently), 4, hunt club (land leased currently), 5, equestrian rental (stable & indoor/outdoor riding, currently leased) and for dairy farming. 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 ag

Features of 148 & 153 Wallingford Road

MLS® # 24015202
Price $4,100,000
Acres 414.50
Type Lots and Land For Sale
Sub-Type Agricultural Land
Status Active

Community Information

Address 148 & 153 Wallingford Road
City Durham
County Middlesex
State Connecticut
Zip Code 06422

Amenities

Utilities Cable Available, Electric, Telephone
Is Waterfront No
Waterfront Not Applicable
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description House(S), Barn(S), Horse Stable, Garage(S), Shed, Some Wetlands, Farm Land, Rolling

Additional Information

Date Listed May 6th, 2024
Days on Market 380
Zoning FR
RE / Bank Owned No

Listing Details

OfficeCentury 21 AllPoints Realty

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?