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135± Acre Residential Development Opportunity
Bear Hill Rd, Beacon Falls, CT - 06403
Description
Lender Ordered REO! The property is a 135± acre development site previously approved for a 275-unit active adult residential community located along the Bethany town line in Beacon Falls, CT. The site is just to the east of Chatfield Farms I, a 235-unit age restricted development currently marketing and selling homes. The subject site was planned to be an extension of Chatfield Farms I. The site is easily accessible to Route 8, I-95 and I-84. The site is located in the R-1 residential zone and this zone would govern development if a conventional single family development were pursued. The R-1 zone permits one and two family dwellings, in addition to special uses such as veterinary hospitals, kennels and day care facilities.
Documents
Unlock Due Diligence by signing the Confidentiality Agreement.
Property Information
- Executive Summary
- General Plan, Layout & Model Drawings
- Parcel Maps
- Environmental Information
- GIS Map
Auction Information
Terms & Conditions
- Buyers Premium 10% based on the high bid.
- Closing Sold in As-Is condition, no contingencies.
- Deposit Amount $10,000 deposit needs to be wired to escrow account at least 24 hours before auction begins.
- Broker Co-op 2% of the high bid will be paid to a properly registered broker at settlement.
Inspection
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Auction Location:
On-Line