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148 & 153 Wallingford Road

Durham, CT 06422

$4,100,000 PRICE
414.5 Acres

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

Additional Information

ADDITIONAL INFORMATION

AREA TYPE: Suburban
AVERAGE DAYS ON MARKET: 156
DAYS ON MARKET: 201
FRONTAGE: 6800
IMPROVEMENTS: House(S), Barn(S), Horse Stable, Garage(S), Shed
IS OCCUPIED?: Tenant
PROPERTY TAX: $17,228
ROAD FRONTAGE: 6800
ROAD FRONTAGE DESCRIPTION: State Road
SEWER: Septic, Shared Septic
STATUS: Active
SUBTYPE: Agricultural Land
TAX AMOUNT: $17,228
TAX YEAR: July 2024-June 2025
TYPE: Lots and Land For Sale
UTILITIES AVAILABLE: Cable Available, Electric, Telephone
ZONING: FR

AMENITIES

Golf Course
Library
Park

INTERIOR/EXTERIOR FEATURES

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Shoreline, Connecticut

Durham’s well-preserved Main Street reflects quintessential New England charm, and its quaint downtown hub is home to a vibrant business district comprising an assortment of eateries, small markets,...

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William Pitt Sotheby's International Realty