About This Home
This 15-bedroom, 8-bathroom single family at 153 Wallingford Road in Durham, CT is listed for $2,800,000 ($264 per sqft). Built in 1820, the home offers 10,623 sqft of living space on a 273.52 acres lot.
Key Features
- Built in 1820
- 273.52 acre lot
- Fireplace
- Waterfront
Property Details
Amenities
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. both parcel MUST be sold together.
Monthly Cost Estimate
$14,975/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
153 Wallingford Road
Durham, CT 06422
Features & Amenities
Exterior Features
Property Details
Outdoor Features
Appliances
Questions & Answers
This 15-bedroom, 8-bathroom single family at 153 Wallingford Road is listed at $2,800,000 ($264/sqft). The estimated monthly payment is $14,975 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1820, 273.52 acre lot, Fireplace, Waterfront. Exterior Features: Shed,Porch,Barn,Patio.
This property is listed by Gary Dobratz and can be reached at 2032139097.


