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436 & 444 Preston, Meriden, CT 06450
71.11 Acres

$4,000,000
24 Days on Market - Active


The hall farm - a visionary development opportunity! nestled on the east side of town, the hall farm presents an extraordinary opportunity to shape the future of over 71 acres of pristine farmland. with a rich family heritage, this land is primed for a transformative development that will enrich the community and its residents. zoned for suburban/residential use, envision a bespoke neighborhood of single-family homes, thoughtfully integrated into the natural landscape. recognized as a "greenfield opportunity site" in meriden's plan of conservation and development, the potential here is as vast as the acreage itself. developers with foresight could explore the possibility of duplex units, subject to city approvals. the sprawling parcel is currently improved by a 3238 sq. ft. farm house with stunning chestnut woodwork and structural members throughout for those who may envision repurposing some of the old into new. the location is ideal with proximity to major highways, shopping, hiking at mt. higby, and minutes to both downtown meriden and middletown. envision a harmonious blend of residential living with outdoor amenities such as walking trails, community gardens, and recreational facilities. embrace the growing trend of "agrihoods," where sustainable farming meets residential bliss. the hall farm awaits a developer with the creativity and capability to realize a community that's not just built but cultivated.

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Details
  • 71.11 Acres
  • 2 Lot(s)

Additional Details
  • 440ft of Frontage
  • TOWN,PAVED
  • HWYA,SUBURB

Location
  • Some Wetlands, Lightly Wooded, Farm Land, Cleared

Utilities
  • Public Water, Public Water Avail
  • Public Sewer Avail

Taxes
  • $399,260 Assessment
  • 34.79 Mill Rate
  • $13,890 Taxes

Schools

    Source
    • CT Smart MLS
    • MLS ID 24023365

    Real Estate Agent


    Map of 436 & 444 Preston, Meriden, CT 06450

    Directions to 436 & 444 Preston, Meriden, CT 06450
    Rt 691 to exit 1A (East Main St). Left at off ramp onto Preston Avenue. See sign on left.

    Go To Google Maps for Directions


    Mortgage Calculator
    Loan Type: 30yr Fixed   |   Interest Rate: 6.86%   |   Purchase: $4,000,000   |   Downpayment @ 20.00%: $800,000

    Mortgage Payment Estimate
    for a 30yr Fixed Rate Loan

    Monthly
    $22,147


    Monthly Cost Estimate: $22,147
    • Mortgage: $20,990
    • Taxes: $1,158
    • Insurance: $0
    • HOA: $0
    • Utilities: $0

    Yearly Cost Estimate: $265,766
    • Mortgage: $251,876
    • Taxes: $13,890
    • Insurance: $0
    • HOA: $0
    • Utilities: $0

    30yr Cost Estimate: $8,772,977
    • Mortgage: $7,556,277
    • Taxes: $416,700
    • Insurance: $0
    • HOA: $0
    • Utilities: $0
    • Downpayment: $800,000

    Go To Mortgage Calculator


    Sold Real Estate Similar to 436 & 444 Preston, Meriden, CT 06450

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    This real estate listing for sale at 436 & 444 Preston has 71.11 acres. It is located in the Meriden, CT area with the 06450 zip code. For more info about the property at 436 & 444 Preston, Meriden, CT 06450 or if you would like to schedule a showing, please contact the listing agent above.

    Data sourced from CT SMART MLS and was last updated January 01, 1970. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.